Category : Search result: UBA recapitalisation


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.

Kaduna Free Buses Save Citizens N1.39bn

Kaduna's free CNG bus service has transported over 1.4 million passengers, saving residents N1.39 billion in fares. See the full impact of Governor Uba Sani's transport scheme.

Tinubu Appoints Ex-CDS Musa Minister, Uba Sani Reacts

President Bola Tinubu nominates former Chief of Defence Staff General Christopher Musa as minister-designate. Kaduna Governor Uba Sani praises the appointment as a vote of confidence in Nigeria's security.

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.

Kaduna's N985.9bn 2026 Budget Presented by Gov. Sani

Kaduna Governor Uba Sani presents a N985.9 billion 2026 budget focused on infrastructure, education, and grassroots development. The budget allocates N100m per ward for community projects. Read more.

Northern Leaders Demand State Police to Fight Insecurity

Northern governors and traditional rulers have declared strong support for state police, citing Nigeria's population boom and inadequate central policing. They urge the Federal Government to fast-track the process.

Kaduna Governor Presents N985.9bn 2026 Budget

Kaduna State Governor Uba Sani presents a N985.9 billion 2026 budget, focusing on infrastructure, education, and grassroots development. Read details of the plan and its allocations.

CBN sells $36.60m to banks amid naira depreciation

Central Bank of Nigeria intervenes in forex market with $36.60 million sale to authorized dealers including Access, UBA, Zenith banks to stabilize naira. Experts analyze impact on currency stability.

16 Banks Meet CBN Recapitalisation Target

CBN reveals 16 banks have successfully met recapitalisation requirements as Governor Cardoso updates on monetary policy, forex gains, and economic progress.

Mining Sector Can Boost Nigeria's Economy - Malami

ORDF Chairman Uba Saidu Malami says Nigeria's mining sector holds immense economic potential if funding and data transparency gaps are addressed. Workshop scheduled for December 9 in Abuja.

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