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Nigerian banking sector

Business

Iwosan Investments Expands With Paelon Hospital Acquisition

Iwosan Investments strengthens healthcare in Nigeria with its acquisition of Paelon Memorial Hospital, expanding its network and boosting specialized patient care.
Politics

Police Seal PDP National Headquarters Amid Leadership Rift

Police sealed the PDP headquarters in Abuja, blocking access and heightening tensions as the party’s leadership crisis escalates.
Business

Otedola Raises Stake in First HoldCo by ₦2.01 Billion

Femi Otedola increases stake in First HoldCo by N2.01 billion, strengthening his hold in Nigeria’s oldest financial institution.
News

Stock Deals Surge 44% Amid Banks’ Recapitalization Efforts

Nigerian stock deals jumped 44% due to bank recapitalization efforts, signaling increased investor confidence and optimism in the financial sector’s stability.
News

CBN Bailout Facilitates Unity-Providus Bank Merger

The CBN's bailout has facilitated a merger between Unity Bank and Providus Bank, creating a stronger entity poised to enhance Nigeria's banking sector.
News

Nigerian Banks Embrace CBN Recapitalization with Confidence

The ACAMB has confidently backed the CBN's bank recapitalization plan, ensuring stakeholders that Nigerian banks are secure and poised for robust economic support.
Business

13 Banks to Raise N3.31 Trillion, CBN Sets New Capital Rules

In response to CBN's updated capital requirements, Nigerian banks are tasked with raising N3.31 trillion, aiming to bolster financial resilience and support economic growth.

Latest articles

Business

Iwosan Investments Expands With Paelon Hospital Acquisition

Iwosan Investments strengthens healthcare in Nigeria with its acquisition of Paelon Memorial Hospital, expanding its network and boosting specialized patient care.
Politics

Police Seal PDP National Headquarters Amid Leadership Rift

Police sealed the PDP headquarters in Abuja, blocking access and heightening tensions as the party’s leadership crisis escalates.
News

Kwankwaso Urges Federal Probe as Insecurity Deepens in Nigeria

Kwankwaso calls for an urgent federal probe as kidnappings, military killings, and bandit raids highlight Nigeria’s deepening insecurity crisis nationwide.
News

Nigeria Ranks States On Health Commitments Progress

Nigeria’s health ministry ranks states on their progress in implementing National Council on Health resolutions, showing sharp differences in execution and funding readiness

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