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There indications that the punitive regulatory environment and coronavirus induced headwinds could widen the inequality between the Tier 1 lenders and the small /midsized...

Tier-two lender Sterling Bank Plc, has announced that it has obtained the Central Bank of Nigeria’s (CBN) approval in principle to enable it restructure...

HealthPlus the embattled pharmaceutical chain whose CEO and founder Bukky George was recently replaced, received an $18 million capital injection from Private Equity (P.E)...

Transactions on the Nigerian Stock Exchange (NSE) hit their lowest levels since the beginning of the year in August, according to the most recent...

Nigerian banks are feeling the sting of falling rates as their revenue have been growing at a slow pace over the past four years. Net...

Africa’s largest Cement producer, Dangote Cement has begun exporting clinker by sea from its facility in Apapa Port Lagos. In June Dangote Cement commissioned its...

Zenith Bank has released a memo outlining how customers should utilize the inflows of foreign currency into their domiciliary accounts. The memo seen by MoneyCentral...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) voted to reduce the Monetary Policy Rate (MPR) to 11.5 percent from...

RT Briscoe an authorized dealer of Toyota Motors and industrial equipment such as forklifts, generators, and compressors, has disclosed that it defaulted on loan...

Guaranty Trust Bank Plc, the largest lender by market value in Africa’s largest economy, has deployed its talented workforce in generating higher profit than...