1 hour ago Cardoso says 27 banks raised fresh capital in recapitalisation race

At least twenty-seven banks are raising new capital ahead of a sector-wide recapitalisation programme that is expected to boost lenders’ read more Cardoso says 27 banks raised fresh capital in recapitalisation race

Politics

27 h. ago Recapitalisation: 4 Audit Firms Begin Capital Verification Of 18 Insurance Companies

Four major audit firms are now verifying the capital status of 18 insurance companies as part of the ongoing recapitalisation exercise in the nation’s insurance sector, it was learnt. The four auditors include; PricewaterhouseCoopers (PwC), KPMG, Ernst & Young (EY), and Deloitte, who were expected to leverage their collective expertise, capacity, experience, and reputation to […]

Politics

32 h. ago Cost of FATF grey listing: Cardoso laments $30bn potential investment loss in one year

Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has described Nigeria’s removal from the Financial Action Task Force (FATF) grey list as one of the country’s most significant economic wins this year. He asserted that remaining on the list could have cost the nation more than $30 billion in potential investment within […]

Politics

55 h. ago Financial Action Task Force Grey List Exit Restores $30bn In Lost Investment Potential – Cardoso

Nigeria, in the first 10 months of the year, recorded a total of $20.98 billion in foreign capital inflow, a 70 per cent rise over total inflows in 2024, governor of the Central Bank Nigeria (CBN), Olayemi Cardoso has revealed. This is even as he said, $30 billion in potential investments is being reclaimed following […]

Politics

3 d. ago Cardoso: 27 banks raise capital to meet recapitalisation targets

CBN Governor Olayemi Cardoso reports that 27 banks are raising funds to meet new bank recapitalisation targets ahead of the March 2026 deadline. Read More: https://punchng.com/cardoso-27-banks-raise-capital-to-meet-recapitalisation-targets/

Politics

3 d. ago 27 banks raise fresh capital in latest recapitalisation drive — CBN

The CBN Governor confirms 27 banks are on track with the bank recapitalisation exercise, raising fresh funds ahead of the March 2026 deadline. Read More: https://punchng.com/27-banks-raise-fresh-capital-in-latest-recapitalisation-drive-cbn/

Politics

3 d. ago Nigeria Attracts $20.98bn In 10 Months As CBN Says FATF Grey List Exit Restores $30bn

Nigeria in the first 10 months of the year recorded a total of $20.98 billion in foreign capital inflow, a 70 per cent rise over total inflows in 2024, Governor of the Central Bank Nigeria (CBN), Olayemi Cardoso, revealed as he said $30 billion in potential investments was being reclaimed following Nigeria’s exit from the […]

Politics

6 d. ago Cardoso: CBN unable to restart interventions as ₦4.69trn remains unpaid

says Nigeria’s FATF delisting major boost for investors, banks Olayemi Cardoso, governor, Central Bank of Nigeria (CBN), on Tuesday said read more Cardoso: CBN unable to restart interventions as ₦4.69trn remains unpaid

Politics

9 d. ago Insecurity: Closure of schools in North raises fresh concerns in Nigeria

Following the resurgence of terrorists’ attack in some parts of the North, the Ministry of Education Friday, issued a release read more Insecurity: Closure of schools in North raises fresh concerns in Nigeria

Politics

9 d. ago Group raises fresh concerns over open defecation practice in creek areas of Niger Delta

The easy practice of defecating in streams and creeks or right in the open to be washed back into streams read more Group raises fresh concerns over open defecation practice in creek areas of Niger Delta

Politics

1 week ago Over 500,000 direct jobs at risk if sachet, pet bottle alcohol banned, FOBTOB warns

The organised labour has, again, raised concerns over the fresh push by the Nigerian Senate and the National Agency for read more Over 500,000 direct jobs at risk if sachet, pet bottle alcohol banned, FOBTOB warns

Events

1 week ago Federal Government Has Lost Grip Of Northern Security — Gbenga Hashim

Former presidential candidate, Gbenga Olawepo-Hashim, has raised fresh alarm over what he described as the Federal Government’s “loss of operational control” of security in Northern Nigeria, following renewed terrorist attacks in Kwara and Kebbi States. Olawepo-Hashim, in a strongly worded statement, said the latest assaults, including the killing of two security operatives in Rogun Village, […]

Politics

2 w. ago Kwankwaso Raises Alarm Over Infiltration Of Bandits Into Kano

Former Kano State governor, Senator Rabiu Musa Kwankwaso, has raised fresh concern over what he described as worrisome infiltration of armed bandits into Tsanyawa, Shanono, Bagwai, Gwarzo and Karaye local government areas of the State. Kwankwaso, who spoke during the 4th Convocation Ceremony of Skyline University Nigeria, said those border communities were under severe pressure […]

Politics

2 w. ago SERAP Gives CBN 7 Days To Account For N3 Trillion, Threatens Lawsuit

The Socio-Economic Rights and Accountability Project (SERAP) has issued a seven-day deadline to the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, demanding a full explanation for what it described as the “missing or diverted N3 trillion of public funds” flagged in the Auditor-General of the Federation’s 2022 annual report. SERAP said the […]

Politics

2 w. ago SERAP Gives CBN 7 Days To Account For N3trn, Threatens Lawsuit

The Socio-Economic Rights and Accountability Project (SERAP) has issued a seven-day deadline to the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, demanding a full explanation for what it described as the “missing or diverted N3 trillion of public funds” flagged in the Auditor-General of the Federation’s 2022 annual report. SERAP said the […]

Politics