Category : Search result: CBN minimum capital requirement


FCTA Takes Responsibility in Wike-Navy Land Clash

FCTA officials admit fault in Wike-Navy officer confrontation over disputed Gaduwa land. Fresh details reveal illegal construction and lack of statutory approval. Full story inside.

New Capital Gains Tax Rules Protect Small Investors

Federal Government clarifies new progressive Capital Gains Tax rates from 0% to 30% starting January 2026. Small investors get exemptions while large corporations face higher rates. Learn how this affects your investments.

Nigerian Bank to Close Accounts Under N7.5M Balance

Standard Chartered Bank Nigeria will close customer accounts with less than N7.5 million in February 2026. Learn about the new requirements and branch closures affecting personal banking customers.

Presco Plans ₦23.7 Billion Rights Issue for Expansion

Nigerian agro-industrial giant Presco Plc announces ambitious ₦23.7 billion capital raise through rights issue to fund expansion projects and enhance palm oil production capabilities across its operations.

Sola Oni at 65: Legacy of Integrity and Impact

Explore the remarkable journey of Sola Oni - stockbroker, journalist, and corporate communications expert whose 65 years embody integrity, intellect, and transformative impact across Nigerian media and finance sectors.

Starbucks Sells China Control to Boyu Capital

Global coffee giant Starbucks transfers control of its China operations to Boyu Capital consortium in groundbreaking $1.6 billion deal that reshapes Asian retail landscape.

PENGASSAN Strike Threatens Nigeria's Oil Economy

As PENGASSAN oil workers threaten nationwide strike over minimum wage disputes, Nigeria faces potential economic paralysis. Explore the delicate balance between workers' rights and national survival.

VFD Group Q3 Earnings Soar to N60.7 Billion

VFD Group's disciplined financial strategy yields impressive results as Q3 2023 gross earnings hit N60.7 billion, showcasing remarkable growth in Nigeria's investment landscape.

Lady rejects man for no car - post goes viral

A Nigerian man's screenshot revealing a lady's materialistic dating requirements has sparked massive online debate about relationships and priorities in modern dating.

Fire Destroys Store at Jabi Lake Mall Abuja

A devastating fire outbreak at Jabi Lake Mall in Abuja destroyed a popular retail store, but swift emergency response prevented catastrophe. No casualties reported as investigations begin.

Wike's Aide Claps Back Over Dubai Trip Criticism

Lere Olayinka, media aide to Nyesom Wike, claps back at critics questioning his principal's decision to bring his sons to an official engagement in Dubai. Read the fiery response that's got Nigerians talking!

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