Standard Chartered Meets CBN's ₦200B Capital Requirement
Standard Chartered Bank Nigeria has successfully met the Central Bank's new ₦200 billion minimum capital requirement, positioning itself as a leader in Nigeria's banking sector transformation.
Category : Search result: banking sector recovery
FG Mandates Financial Transparency for Nigerian Universities
Federal Government mandates full financial transparency for all tertiary institutions starting Q1 2024. Universities, polytechnics, and colleges of education required to publish detailed annual financial statements publicly.
Edo State to Begin Local Drug Production in 2026
Edo State announces groundbreaking pharmaceutical manufacturing initiative to produce essential medicines locally by 2026, reducing import dependency and creating thousands of jobs.
Nigeria's Oil Chief to Address Pan-African Parliament
NUPRC CEO Gbenga Komolafe set to share Nigeria's oil and gas regulatory expertise with African lawmakers, focusing on sustainable energy development and economic growth across the continent.
$5B Funding for 500,000bpd Nigerian Refinery
In a groundbreaking development for Nigeria's energy sector, a Canadian company has secured $5 billion funding to complete a massive 500,000 barrels per day refinery project, promising to transform the nation's oil and gas landscape.
Top 10 Nigerian Banks With Highest Entry-Level Salaries
Discover which Nigerian banks offer the most competitive starting packages for fresh graduates. Our comprehensive analysis reveals salary structures and career prospects.
BP Profit Surges to $2.7B as Oil Prices Soar
British energy giant BP announces staggering $2.7 billion quarterly profit amid soaring oil prices, marking a dramatic turnaround from previous losses and signaling strong market recovery.
NLC Urges Workers to Build Political Power, Demands Health Reform
Nigeria Labour Congress calls for urgent healthcare reforms and political mobilization of workers to address systemic failures and improve working conditions across sectors.
Ezeibe Makes History as First Female NCRIB President
The Nigerian insurance sector witnesses a historic transformation as Dr. (Mrs.) Bola Onigbogi Ezeibe becomes the first female president of Nigerian Council of Registered Insurance Brokers, marking a significant milestone for gender inclusion in financial
Nigeria Private Sector Growth Hits 6-Month High
Nigeria's private sector shows strongest growth in six months as business output and new orders surge, signaling economic recovery despite persistent inflation challenges.
Sterling HoldCo Profit Soars 127% in Stunning Growth
Sterling Financial Holdings Company reports explosive 127% profit growth, reaching ₦21.8 billion as assets surpass ₦2.1 trillion in latest financial results.
Nigeria's Energy Future Depends on Local Expertise
Discover how Nigeria's energy sector is shifting from foreign dependency to homegrown solutions, with local capacity building becoming the cornerstone of sustainable power development.
Troops rescue kidnapped victims, recover N3.8m ransom in Kogi
In a dramatic operation, Nigerian security forces have rescued two kidnapped victims and recovered a hefty N3.8 million ransom in Kogi State, dealing a significant blow to criminal elements in the region.
Doctors Strike Will Worsen Healthcare Crisis - NMA
The Nigerian Medical Association sounds alarm as resident doctors begin indefinite strike, warning of catastrophic consequences for patients and healthcare system.
Keystone Bank CEO Honoured with CIBN Fellowship
The Chartered Institute of Bankers of Nigeria confers esteemed fellowship on Keystone Bank's Managing Director, recognizing his exceptional contributions to Nigeria's banking sector.
Nigerian doctors issue 72-hour ultimatum over unpaid salaries
NARD gives federal government 72-hour deadline to address unpaid salaries and hazard allowances, threatening industrial action if demands aren't met.
Bank Account Hacking Warning: 7 Red Flags in Nigeria
Nigerians, beware! Cybersecurity experts reveal the warning signs that scammers are targeting your bank account. Learn how to spot phishing attempts before you lose your hard-earned money.
Naira Hits 2025 High as Reserves Surge - Economic Boost
Nigeria's currency surges to strongest position this year while foreign reserves climb significantly, signaling robust economic recovery under CBN's strategic reforms.
Activists Demand Oil Decommissioning Commission in Nigeria
Energy rights advocates stage powerful protest in Abuja, calling on National Assembly to pass crucial legislation addressing abandoned oil infrastructure and environmental hazards in Niger Delta communities.
Private Sector Crucial for AfCFTA Implementation - Experts
Industry leaders and economic experts are calling on Nigerian businesses to actively participate in the African Continental Free Trade Area implementation to harness massive economic opportunities across Africa.
Troops Rescue Kidnapped Victims, Recover Ransom in Kogi
In a major counter-kidnapping victory, Nigerian Army troops have successfully rescued two victims and recovered ransom money during a fierce confrontation with kidnappers in Kogi State's Osara forest.
Pa Wigwe Denies Inheritance Fight With Grandchildren
Shockwaves in Nigeria as Herbert Wigwe's father publicly denies viral claims he's contesting his billionaire son's inheritance with grandchildren. Exclusive details inside.
BAT Nigeria Leads Private Sector Climate Action Drive
British American Tobacco Nigeria is spearheading Nigeria's energy transition with ambitious solar projects and advocating for stronger private sector leadership in climate initiatives across West Africa.
Asian Markets Rally on Trader Optimism Surge
Major Asian stock markets surged as investor optimism grew over economic recovery prospects. Discover which markets led the gains and what's driving this positive momentum across the region.
Doctors' Strike Cripples National Hospital Abuja Services
Medical services at Nigeria's National Hospital Abuja and Federal Medical Centre Jabi face complete paralysis as resident doctors continue indefinite strike action over unmet demands.
Ecobank Leads Nigeria's Top Banks in Customer Deposits
New data reveals Nigeria's top 10 banks by customer deposits, with Ecobank leading the pack. Discover which financial institutions Nigerians trust most with their money and the staggering amounts involved.
Nigerian Banks Lose Billions to Fraud in 2025
New data reveals alarming fraud cases across Nigerian banks with millions disappearing through digital channels. Discover the banks most vulnerable to financial crimes and what this means for customers.
Oyo Police Bust Gang, Arrest 6, Recover Weapons
Nigerian Police Force in Oyo State scores major victory against crime as operatives dismantle dangerous criminal network, recover sophisticated weapons and military gear in intelligence-driven raid.
Troops Arrest 7 Cultists in Benue, Recover Weapons
Security forces intensify crackdown on cultism in Benue State, arresting seven suspects and recovering firearms, ammunition, and mystical charms in major operation.
FG Pays ₦12B Health Workers Arrears in 72 Hours
Federal Government commits to settling ₦11.995 billion in withheld salaries for doctors and healthcare professionals, promising payment within three days to resolve lingering industrial disputes.
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