Unity–Providus Merger Surpasses CBN N200bn Recap Benchmark
Proposed merger between Unity Bank Plc and Providus Bank Limited has crossed a major regulatory milestone, exceeding the N200 billion minimum capital requirement set...
AfDB-funded Project Boosts Research, Innovation At Science, Tech Varsity In Abuja
By Aliyu Galadima
African Development Bank Group ,AfDB, has supported the African University of Science and Technology ,AUST, to strengthen advanced Science, Technology, Engineering and...
Forex Market: BDC Operators Yet To Access CBN’s $150,000 Weekly Window
By Dickson Pat
CBN approved a policy allowing licensed BDCs to purchase up to $150,000 weekly through authorised dealers
Bureau de Change ,BDC, operators say they...
Nigeria Becomes Third Largest World Bank Borrower As IDA Debt Hits $18.7bn
By Charles Ebi
Nigeria has emerged as the third largest borrower from the concessional arm of the World Bank, with its debt to the International...
Electric Vehicles Gain Grip In Nigeria Despite Limited Charging Infrastructure
From Rotimi Asher, Lagos
Electric vehicles are proving dependable for Nigerian city drivers, delivering predictable range and lower maintenance needs even as public charging infrastructure...