Two banks holding national banking licences are reportedly in talks to merge as the recapitalisation deadline set by the Central Bank of Nigeria (CBN) nears.
Business and Economy
Most viewed
Popular
- FG announces ₦100k interest-free loans for Nigerians and Traders under GEEP scheme
- First Bank announces new name, shareholders approve new identity
- How the National Single Window transforms Nigerian commerce
- Dangote Group announces 60 new job vacancies, SSCE, OND holders can apply
- First Bank, FCMB, 4 others seek N731 billion to meet CBN recapitalisation as deadline nears
Business and Economy Latest News
German broadcast giant backs takeover by Berlusconi group
German broadcasting giant ProSiebenSat.1 recommended Wednesday that its shareholders accept an improved takeover offer from Italy's MediaForEurope group, majority-owned by the family of late former prime minister Silvio Berlusconi.
Delta state leads oil production in Nigeria with nearly 100m barrels in 11 months, new list emerges
Delta state has continued to lead Nigerian states as the country's top oil-producing state with 100 million barrels in 11 months, while Lagos recorded no output.
UK watchdog bans Zara ads over 'unhealthily thin' model photos
Britain's advertising regulator on Wednesday banned two adverts by Spanish clothing group Zara for featuring models that appeared "unhealthily thin", calling the images "irresponsible". Another featured a model who looked "slightly gaunt" owing to a slicked-back hairstyle and that the lighting and clothing made her appear "noticeably thin", the ASA said.
Business and Economy
Load moreMoney
Money
Read moreTechnology
Technology
Read moreEnergy
Energy
Read moreEconomy
Economy
Read moreIndustry
Industry
Read moreMaritime
Maritime
Read moreCapital Market
Capital Market
Read more