Only two banks have so far been able to meet the new capital requirements prescribed by the Central Bank of Nigeria (CBN), with most of the other banks still in need of huge capital injections, ...

The market was devastated by the September 10 flood that ravaged the state capital city. According to the dealers, drugs worth over N1 billion were damaged by the floodwater.

First City Monument Bank (FCMB) Group has disclosed that its company listed 19.8 billion shares on the Nigerian Exchange ...

The Nigerian government issues new warnings against the dangers involved in using skin whitening products, in a country that has often been called the " world capital of skin bleaching" ...

The Federal Executive Council has approved at least N3.09tn for several road projects nationwide, including sections of the ...

Hannatu Musawa, the minister of art, culture, tourism, and the creative Economy, on Monday, said the Ministry is targeting ...

Lagos State Government said with a power demand of 12,000 megawatts electricity and a current supply of just 3,500MW, it ...

The public offer priced at ₦7.30 per share, attracted 42,800 investors, raised ₦147.5 billion and was 33% oversubscribed, ...

The listing, completed on January 30, follows the Central Bank of Nigeria (CBN ... The proceeds will bolster the capital base of its banking subsidiary, First City Monument Bank Ltd., to over ...