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How Seriki Gambari built Kursi into a gold mining power

Abdulfatai Yahaya Seriki Gambari started mining in Nigeria as a teenager and built Kursi Investments into the country's largest indigenous gold operation.
News

NIMASA gets Tinubu nod to disburse $25m Cabotage fund

President Tinubu has cleared NIMASA to begin disbursing the $25 million Cabotage Vessel Financing Fund, which officials say will unlock shipowner financing and 30,000 jobs.
Business

First HoldCo Completes Sale of FBNQuest Merchant Bank

First HoldCo completes its divestment of FBNQuest Merchant Bank as Otedola advances a group-wide restructuring strategy.
News

Banks Shift Idle Cash to CBN’s SDF Window

Banks increasingly place funds at the CBN’s SDF window as tightening conditions curb lending appetite and push treasury teams toward safer overnight placements.
Business

Access Holdings Profit Falls 23 Percent Despite Rise in Earnings

Access Holdings reports higher revenue but a 23 percent profit fall in H1 2025, hit by weaker forex gains and rising impairment charges.
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.
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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.

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How Seriki Gambari built Kursi into a gold mining power

Abdulfatai Yahaya Seriki Gambari started mining in Nigeria as a teenager and built Kursi Investments into the country's largest indigenous gold operation.
News

NIMASA gets Tinubu nod to disburse $25m Cabotage fund

President Tinubu has cleared NIMASA to begin disbursing the $25 million Cabotage Vessel Financing Fund, which officials say will unlock shipowner financing and 30,000 jobs.
News

Troops rescue 13 kidnapped Benue bus passengers including UTME candidates from forest

Nigerian Army troops have rescued 13 passengers kidnapped from a Benue Links commercial bus, including eight UTME candidates, from a forest in Ohimini Local Government Area.
Business

Nigeria exports 55.39m barrels as Dangote chases feedstock

Nigeria exported 55.39 million barrels in the first two months of 2026 as the Dangote refinery scrambled for feedstock and leaned on imported crude.