Category : Search result: N500 billion


UBA Beats CBN's N500bn Capital Target Early

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

Aiyedatiwa Signs N524bn 2026 Budget for Ondo

Ondo State Governor Lucky Aiyedatiwa has signed the N524.4 billion 2026 Appropriation Bill into law. The budget prioritizes infrastructure, health, and education. Read more on the state's economic blueprint.

Nigeria's Mandatory Car Recycling Fee Starts 2026

From 2026, Nigerians will pay a mandatory vehicle recycling fee at registration. The policy aims to generate over N150bn yearly, create jobs, and regulate used car imports. Get all the details.

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.

Fayose: Proof Makinde Got N50bn From Tinubu

Former Governor Ayo Fayose has released documents alleging Oyo State Governor Seyi Makinde received N50bn from the Tinubu administration. He challenges Makinde to sue him. Read the full details.

Area Boy Gifts N500 to Man Who Regularly Helps Him

A heartwarming story from Lagos where a street hustler, known as an 'area boy', surprised a man who regularly gifts him money with a parcel of N5 notes. See how Nigerians reacted to this festive gesture of appreciation.

MUSWEN Leaders Back Tinubu, Seek N2bn for Empowerment

MUSWEN leaders express strong support for President Tinubu's economic policies and security efforts. They also appeal for N2 billion to fund youth empowerment and tech training projects across Southwest Nigeria.

US Player Wins $1.8 Billion Powerball Jackpot

A lucky lottery player in Arkansas has won the $1.817 billion Powerball, the second-largest US jackpot ever. Discover the winning numbers and the historic draw details.

SEEDAN Praises Tinubu's N50bn Seed Industry Fund

SEEDAN lauds President Tinubu for approving a N50 billion catalytic fund to strengthen Nigeria's seed sector, boost agribusiness, and enhance national food security. Learn how this impacts farmers.

Auditor-General Flags N288bn INEC Irregularities

The 2022 Auditor-General's report reveals N288 billion in financial irregularities within INEC from 2018-2019, citing procurement flaws and undocumented payments. Read the full details and calls for accountability.

Dangote Demands Retraction or Faces N100bn Suit

Aliko Dangote gives Kaduna businessman Kailani Mohammed 7 days to retract libellous publication accusing him of 'unclean business' or face a N100 billion lawsuit. Full details.

Dangote Issues N100bn Defamation Ultimatum

Aliko Dangote threatens a N100 billion lawsuit against Engr. Kailani Mohammed over alleged defamatory claims about his business past. The businessman has seven days to retract and apologize.

Page 1 of 4