Category : Search result: capital expenditure cuts


OHMS Capital Pioneers Financial Innovation in Nigeria

Discover how OHMS Capital is transforming Nigeria's investment landscape with data-driven fintech, blockchain ventures like WePairYou, and major agribusiness focus. Learn their growth strategy and vision for Africa.

SUNU Assurance Secures N9bn Capital Raise Approval

SUNU Assurance shareholders approve N9 billion capital raising to meet new NIIRA 2025 requirements. The move aims to strengthen the firm's financial capacity before the July 2026 deadline.

Zamfara's N861bn 2026 Budget Targets Growth

Governor Dauda Lawal presents a N861 billion budget for Zamfara's 2026 fiscal year, with 83% allocated to capital expenditure for transformation. Read the full breakdown.

Gates: Aid Cuts Cause Rise in Child Mortality

Bill Gates warns that cuts in international aid by Western nations are causing a tragic increase in child deaths worldwide. Read the full report and its implications for global health.

Zamfara's N861.3bn 2026 budget presented to Assembly

Governor Dauda Lawal presents a N861.3 billion budget for 2026 to the Zamfara State House of Assembly, with 83% allocated to capital projects in security, agriculture, and infrastructure. Read the full breakdown.

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.

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.

UNICEF warns 1.8m child AIDS deaths by 2040

UNICEF projects 1.8 million child deaths from AIDS by 2040 due to funding cuts. 150,000 teens got HIV in 2024. Urgent action needed to scale up HIV services for children and mothers in Nigeria and beyond.

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.

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.

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.

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.

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