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Nigeria central bank revokes licence of Heritage Bank as bank rules breached
Reuters· 2 days agoNigeria's central bank said on Monday it had revoked the banking licence of unlisted lender Heritage Bank Plc due to a breach of banking regulations. "Regrettably, the bank ...
Mine pit collapse in central Nigeria kills one, traps 30
Reuters· 11 hours agoA mining pit collapse in Galkogo village of Niger State in central Nigeria killed one person and left 30 others trapped, the state's emergency agency said on Tuesday.
Nigerian lenders submitting recapitalisation plans, central bank says
Reuters· 6 hours agoNigerian lenders have started submitting plans to meet new minimum capital requirements to...
Nigeria’s Heritage Bank License Revoked After New Capital Rules
Bloomberg· 2 days agoHeritage Bank Plc has become the first lender to collapse after stringent capital requirement...
Nigeria: Living in a Bed of Thorns
Strategy Page· 1 day agoSeptember 20, 2023: Before Islamic terrorism became a major source of violence, the most common cause of violent deaths in the north was clashes between farmers defending their land against ...
Nigeria’s power grid shut down, airlines disrupted as unions strike
Al Jazeera· 1 day agoNigeria’s main labour unions have shut down the national electrical grid and disrupted flights...
Canon launches Women Who Empower campaign in Nigeria to combat gender inequality in the visual arts
Digital Camera World via Yahoo News· 6 days agoCanon Central and North Africa has teamed up with Women in Successful Careers (WISCAR) to launch the...
Nigeria pays up but airlines still face $1.8bn in blocked funds
FlightGlobal· 3 days agoBlocked airline funds have fallen by 28% after Nigeria cleared most of its backlog but the issue...
Nigeria: Autonomy, Anarchy and Abandonment
Strategy Page· 4 days agoNovember 18, 2021: Local officials in the northwest (Niger state) claim that more Boko Haram gunmen have been arriving and have taken control of five villages. A security task force is being ...
Nigeria's advisory body proposes creation of central tax agency
Reuters· 6 days agoNigeria should create a central tax agency, known as the Nigerian Revenue Service, eliminating over 100 different collection agencies at the federal, state ...