22 Banks Secure as 2026 Recapitalization Deadline Nears
As the March 31, 2026 deadline looms, 22 of 34 Nigerian banks have secured their licenses under new CBN capital rules. Find out which banks are safe and what mergers are reshaping the sector.
Category : Search result: paidup capital
RMB Nigeria Meets CBN Capital Requirement Ahead of Deadline
Rand Merchant Bank Nigeria has successfully met the CBN's new N50 billion minimum capital requirement for merchant banks, achieving the milestone in December 2025. This move strengthens regulatory compliance and market confidence.
Umo Eno Signs N1.584tr 2026 Budget for Akwa Ibom
Governor Umo Eno has signed the 2026 budget of N1.584 trillion for Akwa Ibom State, focusing on capital projects. He warned against excuses, urging total commitment from officials.
SEC Nigeria Intensifies Enforcement for Market Integrity
Nigeria's SEC, led by Dr Emomotimi Agama, will intensify enforcement in 2026 using new powers from the Investments and Securities Act 2025 to combat market abuse and fraud, boosting investor confidence.
AGF Directs CAC to Reverse Disputed Company Filings
Nigeria's Attorney-General, Lateef Fagbemi, directs CAC to reverse filings on Abuja firms Jonah Capital & Houses for Africa. Criminal charges against Ghanaian investors dropped. Read the full story.
US Attacks Venezuela Capital, Maduro Declares National Emergency
Tensions soar as US military strikes hit Venezuela's capital, Caracas. President Maduro declares a national emergency and mobilises forces. Full details and eyewitness accounts inside.
Sokoto's 2026 Budget Focuses on Capital Projects, Security
Governor Ahmed Aliyu's proposed ₦758.7bn 2026 budget for Sokoto State prioritizes capital expenditure and security. We analyze its alignment with the SMART Agenda and potential impact on citizens.
Nigeria's 2026 Tax Brackets: Lowest & Highest Payers
Nigeria's new tax law reshapes the landscape. See who is fully exempt, who pays the lowest rate, and the high earners facing a 25% top rate. Get all the details.
FirstBank Completes N500bn Capital Raise, Otedola Praises Reforms
FirstBank meets CBN's N500bn capital requirement. Billionaire investor Femi Otedola commends Tinubu and Cardoso's economic leadership, calls for raising bank capital to N1 trillion for a $1 trillion economy.
Wike's 2026 Plan for FCT: Projects & Stable Elections
FCT Minister Nyesom Wike outlines a 2026 roadmap for Abuja, promising major infrastructure projects and peaceful Area Council elections. Details inside.
Nigerian Stock Market Delivers N37 Trillion Gain in 2025
Despite insecurity and a tough economy, the Nigerian stock market surged in 2025, generating N37 trillion in capital gains for investors. The NGX All-Share Index rose 51.2%. Read the full analysis.
Kano Governor Signs ₦1.477 Trillion 2026 Budget
Governor Abba Kabir Yusuf has signed the amended ₦1.477 trillion 2026 Appropriation Bill for Kano State, prioritizing capital projects to improve living standards and infrastructure.
Soludo Assents to N766bn 2026 Anambra Budget
Governor Chukwuma Soludo signs the adjusted N766.37bn 2026 Appropriation Bill into law in Awka. The budget increased by N8.49bn after legislative review, focusing on capital projects and welfare.
Ilhan Omar's $1,000 to $30M Wealth Jump Under Investigation
US Democrat Ilhan Omar faces scrutiny as her disclosed assets soared from $1,000 to nearly $30 million in a year. A conservative ethics group is investigating. Read the full details.
GRIP Initiative Unveils Plan to Empower Nigerians in Diaspora
Woodhall Capital's GRIP initiative launches in Lagos to empower diaspora Nigerians & young professionals, aiming to drive inclusive economic growth across all 36 states. Discover how.
RusselSmith Fully Repays N3bn Series 1 Commercial Paper
RusselSmith Nigeria Limited has successfully repaid its N3 billion Series 1 Commercial Paper, fulfilling all investor obligations on schedule. This milestone reinforces its credibility in Nigeria's capital markets. Discover the details.
SEC: Over ₦753bn Raised via Commercial Paper Issuance
SEC DG Dr. Emomotimi Agama reveals Nigerian firms raised over ₦753bn in commercial papers from April to October 2025, signaling strong investor confidence and market resilience. Discover the key drivers and future outlook.
Senate Fast-Tracks 2026 Budget in 3 Days
Nigeria's Senate passed President Tinubu's 2026 budget in just three legislative days with no opposition. The N58.5 trillion budget prioritizes capital spending. Read the full details and analysis.
Kwankwasiyya Programme Yields 300 PhDs, Thousands of Pros
Senator Rabiu Kwankwaso's scholarship initiative has produced over 300 PhD holders and thousands of professionals. Read about the historic convention and its impact on Nigeria's human capital.
Bago signs Niger's N1.07 trillion 2026 budget
Governor Umaru Bago has enacted Niger State's N1.073 trillion 2026 budget, with over N783bn for capital projects. Nasarawa Assembly also passes N545.2bn appropriation bill. Read the details.
House Passes Revised 2024, 2025 Budgets
Nigeria's House of Representatives approves revised N43.56tr 2024 and N48.31tr 2025 budgets, extending capital implementation to March 2026. Read the full breakdown of allocations and fiscal reforms.
Niger State's N1.073 Trillion 2026 Budget Signed
Governor Umaru Bago has signed Niger State's 2026 budget of over N1.073 trillion into law, with capital expenditure exceeding N783 billion. The governor praised the Assembly for swift passage.
Imo's ₦1.44 Trillion 2026 Budget Focuses on Infrastructure
Imo State Governor Hope Uzodimma presents a ₦1.44 trillion budget for 2026, with 83.4% for capital projects. Read the full details of the economic plan.
16 Banks Meet CBN Capital Target Ahead of 2026 Deadline
With 100 days left, Nigeria's banking sector races to meet CBN's recapitalisation deadline. ACAMB dismisses closure rumours as 16 banks already meet requirements. Read the latest updates.
Kwara's N644bn 2026 Budget Targets Growth, Projects
Governor AbdulRahman AbdulRazaq presents a N644 billion 2026 budget to the Kwara State Assembly, with 66% for capital expenditure to complete ongoing projects and support workers. Read the full breakdown.
Kwara's N644bn 2026 Budget Presented to Assembly
Governor AbdulRahman AbdulRazaq presents a N644bn 2026 budget to Kwara State House of Assembly, focusing 65.98% on capital projects for growth. Read the full details.
Foreign Capital Inflows to Nigeria Jump 70% in 2025
CBN Governor Yemi Cardoso reports a 70% surge in foreign capital inflows to $20.98bn for 2025. The removal from the FATF grey list is a key driver. Will this translate to better living standards for Nigerians?
Why Investing in People Drives Long-Term Business Success
Dr. Cornelius Collins Balogun argues that sustainable growth in Nigeria hinges on leaders prioritizing human capital over short-term profits. Discover how people-focused leadership builds resilient organisations.
Ex-UN Envoy Rejects Death Penalty for Kidnappers
Former UN Human Rights Envoy, Prof. Uchenna Emelonye, urges Nigerian Senate to strengthen security institutions, not expand capital punishment laws, to effectively combat kidnapping and banditry.
Fidson Healthcare Plans N21 Billion Capital Raise
Fidson Healthcare Plc announces a N21 billion rights issue to boost manufacturing and African expansion. The offer is priced at N35 per share for existing shareholders. Read more.
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