CBN Sets New Cash Withdrawal Limits Effective 2026
The Central Bank of Nigeria has announced revised cash withdrawal rules, setting new weekly limits for individuals and corporates to start in January 2026. Learn the new limits and fees.
Category : Search result: CBN capital requirement
Eterna Plc Launches N21.52 Billion Rights Issue
Eterna Plc plans to raise N21.52 billion through a rights issue to fund expansion in retail, LPG, and aviation. Shareholders can buy 3 new shares for every 4 held. Read details.
82 Nigerian Women on Death Row, Group Seeks Halt
ASF France reveals 82 Nigerian women face execution, highlighting gender bias and poverty in the justice system. Advocates demand a moratorium and recognition of domestic violence as a mitigating factor.
CBN Removes Cash Deposit Limits, Raises Withdrawal Cap
Nigeria's Central Bank has abolished cash deposit limits and raised weekly withdrawal thresholds to N500k for individuals. New policy takes effect January 2026.
Africa's Private Wealth Exodus Threatens Development
Experts in Lagos warn that Africa's development is stunted by massive private wealth flowing offshore. Building local Family Offices is key to keeping capital at home. Read more.
16 Banks Meet CBN Capital Rules Ahead of 2026 Deadline
CBN Governor Yemi Cardoso confirms 16 banks have met new capital thresholds. With the March 2026 deadline approaching, the recapitalisation drive aims to strengthen lenders for Nigeria's $1 trillion economy goal.
Tinubu's Security Order Sparks Calls for Police Restructuring
President Tinubu's emergency security order for police recruitment faces scrutiny. Experts argue Nigeria's problem is not manpower shortage but poor management of existing human capital. A retired professor advocates for merging units and ending wasteful
Anioma State: Delta North Rejects South-East Proposal
Delta North legislators and LGA chairmen firmly reject merging Anioma State with the South-East. They insist it remains in South-South, pledging political action for its creation. Read the full story.
SEC Nigeria's Reforms Fuel Historic Market Growth
The Securities and Exchange Commission (SEC) Nigeria is transforming the capital market with new laws, investor protection, and tech. Market cap hit N91.3 trillion in November 2025. Discover the blueprint for economic prosperity.
Trump Commutes Sentence of $1.6B Fraud Executive
Outrage as US President Donald Trump frees David Gentile, who defrauded 17,000 investors of $1.6bn, after only 12 days in jail. Read the shocking details.
Naira Begins December Strongly Against US Dollar
The Nigerian Naira rebounds against the USD, closing at N1,446.74. CBN interventions and $20.98bn foreign inflows boost confidence. Experts predict stability ahead. Read more.
New Tax Regime May Trigger Capital Flight - Expert
Dele Kelvin Oye warns Nigeria's 2025 Tax Act with 200% CGT hike could derail investments. Discover the risks and proposed policy solutions to safeguard Nigeria's economy.
Nigeria Capital Market Shifts to T+2 Settlement Cycle
Nigeria's capital market transitions to T+2 settlement cycle, signaling global readiness and enhancing investor confidence. Learn how this reform positions Nigeria for international competitiveness.
Nigeria loses $500bn yearly to biodiversity decline
Nigeria faces a $500 billion annual loss from biodiversity decline. Officials urge private sector integration of nature into business models for economic sustainability. Act now!
Nigeria attracts $20.98bn foreign capital in 10 months
Nigeria recorded $20.98bn foreign capital inflows Jan-Oct 2025, a 70% surge. CBN Governor Cardoso credits FX reforms for market stability and renewed investor confidence.
Mimiko: Boost Health, Education Investment Now
Ex-Gov Mimiko demands increased public spending on health and education, linking them to national development. He proposes a revamped school feeding programme and police decentralisation.
FG Opens N50m Student Grant Portal for Entrepreneurs
Federal Government launches Student Venture Capital Grant portal offering up to ₦50 million equity-free funding for Nigerian student entrepreneurs in STEMM fields. Apply now!
NACETEM Plans Tech Training for 1 Million Nigerians
NACETEM unveils a 5-year plan to equip 1 million Nigerians with tech, innovation, and entrepreneurship skills. This initiative aims to boost national competitiveness and create a skilled workforce for a knowledge-driven economy. Learn more about this tran
NACETEM Plans Tech Training for 1 Million Nigerians
NACETEM unveils a 5-year plan to equip 1 million Nigerians with tech, innovation, and entrepreneurship skills. This initiative aims to boost national competitiveness and create income opportunities.
Bandits Kidnap 7 Youths from FCT Community
Armed bandits stormed Gidan-Bijimi community in Bwari Area Council, abducting six girls and a 16-year-old boy during a funeral. The incident highlights growing security concerns in FCT border communities.
Nigeria to Cut CGT and Corporate Tax Rates in 2026
Federal government confirms plans to reduce Capital Gains Tax from 30% to 25% and Corporate Income Tax from 30% to 25% in 2026. Tax reforms to boost business profitability and attract investments.
Oborevwori presents N1.664trn 2026 budget to Delta Assembly
Governor Sheriff Oborevwori presents a N1.664 trillion 2026 budget to the Delta State Assembly, with 70% for capital projects to accelerate development. Read the full breakdown.
SEC Sets January 2026 Deadline for ISA Compliance
Nigeria's SEC mandates all capital market operators to declare ISA 2025 compliance and register tradable instruments by January 2026. Dr. Agama announces new era for market transparency.
Ebonyi Projects N469.9bn FAAC Revenue in 2026 Budget
Governor Francis Nwifuru presents Ebonyi's largest-ever budget of N884.86bn, with 84.7% for capital projects. Strategic focus on industrialization and infrastructure development for economic growth.
Open grazing now capital offence in Nigeria
Federal Government bans open grazing nationwide, declaring it a capital offence to curb farmer-herder conflicts. Minister urges adoption of ranching for better productivity.
Ebonyi Governor Proposes N884.86bn Budget for 2026
Governor Francis Nwifuru presents a historic N884.86 billion budget for Ebonyi State in 2026, focusing on infrastructure and human capital. Read the full breakdown of capital projects and revenue sources.
Wike suspends education secretary over school closure
FCT Minister Wike suspends education mandate secretary for issuing unauthorized school closure circular. Administration confirms schools remain open, security enhanced.
Ebonyi Governor Presents ₦884.86bn Budget for 2026
Governor Francis Nwifuru presents Ebonyi's largest-ever ₦884.86bn budget for 2026, focusing on infrastructure and human capital development. Read details of the 'Budget of Actualisation and Hope'.
Lagos 2026 Budget: N4.237tr for Shared Prosperity
Governor Sanwo-Olu unveils Lagos' N4.237 trillion 2026 budget focusing on infrastructure and inclusive growth. Capital expenditure leads at N2.1 trillion. Read details.
SEC: Sustain Compliance After FATF Grey List Exit
Following Nigeria's removal from the FATF Grey List, the SEC has called on capital market operators to deepen their compliance culture to protect the nation's global financial reputation.
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