Category : Search result: capital requirements


Nigeria's Debt, Salaries Exceed Revenue in 2025

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 Assembly Passes N892bn 2026 Budget

Oyo State House of Assembly approves N892 billion 2026 budget, with capital expenditure exceeding recurrent spending. Infrastructure gets top priority. Read more.

FCDA Demolishes Abuja Estate Despite Court Order

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.

The Weeknd's $1B Music Deal Explained

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.

Oborevwori Signs Delta's N1.729tr 2026 Budget

Delta State Governor Sheriff Oborevwori has signed the N1.729 trillion 2026 budget into law, a 70% increase from 2025. The budget focuses on capital projects and is tagged 'Budget of Accelerating the MORE Agenda'. Read more.

OHMS Capital Pioneers Financial Innovation in Nigeria

Discover how OHMS Capital is transforming Nigeria's investment landscape with data-driven fintech, blockchain ventures like WePairYou, and major agribusiness focus. Learn their growth strategy and vision for Africa.

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.

Zamfara's N861bn 2026 Budget Targets Growth

Governor Dauda Lawal presents a N861 billion budget for Zamfara's 2026 fiscal year, with 83% allocated to capital expenditure for transformation. Read the full breakdown.

Zamfara's N861.3bn 2026 budget presented to Assembly

Governor Dauda Lawal presents a N861.3 billion budget for 2026 to the Zamfara State House of Assembly, with 83% allocated to capital projects in security, agriculture, and infrastructure. Read the full breakdown.

Eterna Plc Launches N21.52 Billion Rights Issue

Eterna Plc plans to raise N21.52 billion through a rights issue to fund expansion in retail, LPG, and aviation. Shareholders can buy 3 new shares for every 4 held. Read details.

82 Nigerian Women on Death Row, Group Seeks Halt

ASF France reveals 82 Nigerian women face execution, highlighting gender bias and poverty in the justice system. Advocates demand a moratorium and recognition of domestic violence as a mitigating factor.

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.

UNILESA Courses, Fees & 2025 Cut-Off Mark Guide

Your complete guide to the University of Ilesa (UNILESA). Get details on all accredited courses, updated school fees for all faculties, and the 2025/2026 admission cut-off mark. Learn how to apply and check your admission status.

Tinubu's Security Order Sparks Calls for Police Restructuring

President Tinubu's emergency security order for police recruitment faces scrutiny. Experts argue Nigeria's problem is not manpower shortage but poor management of existing human capital. A retired professor advocates for merging units and ending wasteful

Anioma State: Delta North Rejects South-East Proposal

Delta North legislators and LGA chairmen firmly reject merging Anioma State with the South-East. They insist it remains in South-South, pledging political action for its creation. Read the full story.

SEC Nigeria's Reforms Fuel Historic Market Growth

The Securities and Exchange Commission (SEC) Nigeria is transforming the capital market with new laws, investor protection, and tech. Market cap hit N91.3 trillion in November 2025. Discover the blueprint for economic prosperity.

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