Business

All the recent business news in Nigeria, economy and industry updates.

CBN approves Unity, Providus bank’s merger

The Central Bank of Nigeria (CBN) on Tuesday granted approval for the proposed merger between Unity Bank Plc and Providus Bank  Limited. In a statemen

Aviation unions seek Tinubu’s intervention in Arik Air’s grounding

Three major aviation unions – the National Union of Air Transport Employees (NUATE), Air Transport Services Senior Staff Association of Nigeria (ATSSS

Why Dangote refinery needs to sell fuel to depot owners, marketers in naira – Oshoma

A lawyer and energy consultant, Liborous Oshoma, has urged the Dangote refinery to sell fuel to depot owners and other marketers in local currency to

Why windfall tax on banks should not dampen investor appetite – Experts

The yet-to-be-signed one-time 70% windfall tax on the realised FX gains of banks in 2023 has been a source of significant controversy in the Nigerian

CBN approves merger of Unity, Providus banks

The Central Bank of Nigeria (CBN) has approved a pivotal financial accommodation to support the proposed merger between Unity Bank and Providus Bank.