Nigerian banks recapitalisation deadline: What is the ?
The Central Bank of Nigeria has set a recapitalisation deadline for banks, requiring significant capital raises by March 31, 2026.
Latest Nigerian News, Politics, Business & Breaking Updates
The Central Bank of Nigeria has set a recapitalisation deadline for banks, requiring significant capital raises by March 31, 2026.
Tajudeen Baruwa has officially taken control of the National Union of Road Transport Workers (NURTW) secretariat in Abuja, displacing MC Oluomo. This takeover follows two court rulings in Baruwa's favor.
Moniepoint has acquired Orda Africa, aiming to streamline restaurant operations and payment processes in Nigeria's growing food service sector.
Leonid Radvinsky, the majority stakeholder of OnlyFans, has died at the age of 43 after a long battle with cancer, leaving behind a significant legacy.
The Bazan oil refinery in Haifa faced damage from missile strikes, yet no injuries were reported at the facility. Emergency responders were deployed to assess the situation.
The Nigeria Labour Congress (NLC) is calling for the merger of the Ministries of Power and Petroleum Resources, highlighting inefficiencies in the energy sector.
Benin and Togo are exploring direct power purchases from Nigerian GENCOS as Nigeria struggles with significant power supply issues and mounting debts.
A US F-35 fighter jet made an emergency landing after a combat mission over Iran. The pilot is in stable condition, and the incident is under investigation.
The Iranian conflict has escalated, leading to widespread displacement in Lebanon and soaring oil prices. The situation remains tense as regional powers react.
President Bola Ahmed Tinubu has nominated Lamido Abubakar Yuguda as the Deputy Governor of the Central Bank of Nigeria, marking a significant leadership change.