Monopoly often exists where there are high barriers to entry or high capital costs
How many individuals or companies can do railways? How many can do refineries of the scale of Dangote Refineries?
In a nation that has been...
W’Bank, AfDB to invest $7.5bn in Nigeria’s power sector
The Minister of Power, Adebayo Adelabu, has said that the World Bank and the African Development Bank have concluded plans to invest $30bn in...
Fintech: OPay drives innovative features to protect users
A leading fintech company, OPay, has unveiled enhanced security features to protect the funds of customers.
In a statement issued on Sunday, the mobile money...
Zenith Bank retains top spot as Nigeria’s number one bank by tier-1 capital for fifteen years in the 2024 top 1000 world banks’ ranking
For the fifteenth consecutive year, Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital in the...
Expert welcomes CBN’s directive on transfer of funds in all dormant accounts
A financial expert, Okechukwu Unegbu, says the directive by the Central Bank of Nigeria, CBN, that balances of dormant accounts be transferred to it,...
