United Bank for Africa (UBA) has officially exceeded the Central Bank's N500bn capital requirement for international banks. The feat, achieved via a N178.3bn rights issue, positions UBA for expansion ahead of the March 2026 deadline. Read the full details
NLC President Joe Ajaero demands urgent review of Nigeria's new tax law, calling it regressive. He warns it will impoverish workers and undermine democracy. Read the full story.
First Bank of Nigeria has successfully raised its capital base to meet the Central Bank's N500 billion requirement. The funds will drive support for the real sector and enhance digital innovation. Read more.
Nineteen Nigerian banks have met the CBN's new capital requirements, with Fidelity Bank raising N250bn. Analysts expect more compliance before the March 31, 2026 deadline. Read the full list and analysis.
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.
The Trade Union Congress urges government action to protect workers from inflation and high living costs. Read about their demands for tax reform and wage review.
FirstBank has successfully met the CBN's N500 billion capital requirement ahead of schedule. The move strengthens its financial base for sector support and expansion. Read more.
Fidelity Bank Plc has successfully raised over N250bn in a single day, meeting the CBN's N500bn capital requirement. The move cements its position among Nigeria's top-tier lenders ahead of the March 2026 deadline.
Nasarawa State Government calls on JUNSTI lecturers to suspend their indefinite strike over minimum wage, promising renewed negotiations. The action disrupts academic resumption.
Over 8.3 million US workers started 2026 with higher pay as 19 states and several cities raised minimum wages, injecting $5 billion into earnings. Read details.
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.
The Central Bank of Nigeria has revised its cash withdrawal and deposit policies, effective January 1, 2026. Learn the 5 major changes, including new limits and fees.
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.
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.
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?
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.
Discover how most Nigerians survive through multiple income streams, informal jobs, and creative hustle. Learn about real salaries, from ₦70K minimum wage to MTN's high pay.
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 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.
Governor Ahmadu Umaru Fintiri presents a N583.3 billion 2026 budget focused on capital projects and social programmes. Read the full breakdown of allocations for Adamawa State.
An in-depth review of Nigeria's banking recapitalisation exercise. Discover which 16 banks have met the CBN's new capital requirements and the impact on the financial sector. Read the full analysis now.
Ellah Lakes' ₦235 billion share offer closes Dec 19. Invest at ₦12.50/share in Nigeria's integrated agro-industrial transformation before valuation shifts. Act now!
Nigeria's Federal Government spent more on debt servicing and salaries than it earned in 2025's first seven months, with a N10.19tn revenue shortfall. Oil earnings slumped over 60%. Read the full analysis.
Oyo State House of Assembly approves N892 billion 2026 budget, with capital expenditure exceeding recurrent spending. Infrastructure gets top priority. Read more.
Federal Capital Development Authority officials, with police, demolished structures in River Park Estate, Abuja, ignoring a court injunction. Read the full report on the escalating land dispute.
Discover how IRON Capital, under Jubril Enakele, became a leading African investment firm, advising Nigeria's $917m US Dollar Bond and major corporations. Explore their journey of trust and innovation.
NLC, NANS, TUC, NASU, and NUJ members in Osun State staged a protest against rising killings and kidnappings, calling on President Tinubu and governors to resign if overwhelmed. Read their demands.
Nigerian banks are in a race against time to raise N4.14 trillion before the CBN's March 2026 recapitalisation deadline. Discover how this move aims to build a $1 trillion economy.
The Weeknd's $1 billion catalogue deal with Lyric Capital is a strategic partnership, not a sale. He retains creative control and ownership, setting a new standard for artist equity in the music industry.
The Nigeria Labour Congress warns that financial insecurity is crippling workers, with real wages declining. Urgent government action is needed to stabilise the economy and protect incomes.