Category : Search result: Nigerian bank recapitalization 2026


Man Cries Out as N100k Bank Transfer Becomes N63k

A Nigerian man raises alarm after transferring N100,000 to his Zenith Bank account, only to find a balance of N63,000. The incident sparks online reactions and tax deduction theories. Read full details.

Zulum Presents 2026 Borno Budget to State Assembly

Borno Governor Babagana Zulum presents the 2026 budget proposals to the State Assembly, setting fiscal priorities with a focus on education and healthcare. Stakeholders urged to attend.

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.

No Bank Shutdowns from CBN Recapitalisation - ACAMB

The Association of Corporate Communication & Marketing Professionals in Banks dismisses viral claims of 12 banks shutting down. ACAMB assures the public the recapitalisation is proceeding smoothly to strengthen the financial system.

World Bank Approves $500m for Nigerian MSMEs

The World Bank has greenlit a $500 million package to boost credit access for Nigeria's MSMEs. The FINCLUDE project targets women-led and agribusiness firms to drive growth and jobs. Read more.

PDP Criticises Tinubu's 2026 'Sufferings' Budget

The Peoples Democratic Party has strongly criticised President Bola Tinubu's ₦58.18 trillion 2026 budget, labelling it a plan that deepens hardship for ordinary Nigerians. Read the full analysis.

Tinubu Presents N58.18 Trillion 2026 Budget to NASS

President Bola Tinubu presents the 2026 'Budget of Consolidation' to the National Assembly, targeting N58.18 trillion in spending with priorities on security, human capital, and infrastructure. Read the full details.

Russian court fines Austrian bank Raiffeisen $400m

A Russian court has ordered Austria's Raiffeisen Bank to pay nearly $400 million in compensation to a company linked to sanctioned oligarch Oleg Deripaska. The bank says it will appeal.

EKIRS: No Account Freeze Over TIN in New Tax Reform

The Ekiti State Internal Revenue Service clarifies that the new tax reforms will not freeze accounts without TIN. Chairman Olaniran Olatona urges calm, stating the goal is fair taxation, not hardship. Read more.

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