Efforts by the Federal Government (FG) to address debts owed to electricity generation companies (GenCos) may be facing increasing challenges as the debt burden rose 62.5% to N6.5 trillion at end 2025 ...

When Jim Ovia started Zenith Bank in 1990, Nigeria’s banking system was fragile. Many banks had little capital, weak ...

In the 1990s, as Nigeria’s banking sector shifted from government and foreign control to a nascent class of local private ...