57 h. ago Recapitalisation: Why Union Bank, Polaris, Keystone are in Focus

Tribune Online Recapitalisation: Why Union Bank, Polaris, Keystone are in Focus Nigeria’s ongoing bank recapitalisation exercise is reshaping the financial sector, with Union Bank, Polaris Bank, and Keystone Bank emerging as prime targets for potential acquisitions or mergers. As the Central Bank of Nigeria (CBN) presses ahead with its March 2026 deadline for compliance with new minimum capital requirements, attention is turning to lenders yet to […] Recapitalisation: Why Union Bank, Polaris, Keystone are in Focus Tribune Online

Politics

5 d. ago Utica Capital unveils N20bn fund to tackle financing gaps in Nigeria’s film industry

Utica Capital Limited has launched a N20 billion closed-ended venture capital fund to accelerate investment and deepen the growth of read more Utica Capital unveils N20bn fund to tackle financing gaps in Nigeria’s film industry

Politics

5 d. ago CBN to take control of fixed income trading and settlement platform by December

The Central Bank of Nigeria (CBN) says it will assume direct oversight of the country’s fixed income trading and settlement read more CBN to take control of fixed income trading and settlement platform by December

Politics

8 d. ago FCT Pegs 2026 Hajj Fare At N8.2m, Sets December Payment Deadline

The Federal Capital Territory (FCT) Muslim Pilgrims Welfare Board has announced the approved fare for the 2026 Hajj exercise at N8,244,813.67 per intending pilgrim and issued a deadline of the end of December 2025 for the completion of all payments. In a statement released on Monday, the director of the Board, Mallam Kadiri Edah, urged […]

Economics

9 d. ago Nigeria faces reduced number of banks as mergers, acquisition pressure intensify

Tribune Online Nigeria faces reduced number of banks as mergers, acquisition pressure intensify Nigeria’s banking sector is on the cusp of another consolidation wave as Tier-2 and smaller banks face mounting pressure to merge or be acquired ahead of the Central Bank of Nigeria’s (CBN) March 2026 recapitalisation deadline. With new minimum capital requirements of N500 billion for international banks, N200 billion for national banks, and N50 billion […] Nigeria faces reduced number of banks as mergers, acquisition pressure intensify Tribune Online

Politics

1 week ago Osun APC risks losing 2026 guber election if candidate is imposed —Akinrinade

Tribune Online Osun APC risks losing 2026 guber election if candidate is imposed —Akinrinade As the 2026 governorship election in Osun State approaches, the main opposition, the All Progressives Congress (APC), is set to hold its primaries between November 24 and December 15, 2025. In this interview with PHILIP IBITOYE, Olufunsho Akinrinade, an APC member from Ife Federal Constituency, speaks on how the APC can choose the best candidate […] Osun APC risks losing 2026 guber election if candidate is imposed —Akinrinade Tribune Online

Politics

1 week ago N20bn Capital Base: PenCom Sets December 2026 Deadline For PFAs

The National Pension Commission (PenCom) has set December 31, 2026, as the deadline for the Pension Fund Adminstrators (PFAs) and Pension Fund Custodians (PFCs) to recapitalise to a new capital threshold of N20bn. In a circular issued by the pension industry regulator titled ‘Revised Minimum Capital Requirements for Licensed Pension Fund Administrators and Pension Fund […]

Politics

1 week ago Naira may settle at N1300 by end of December – Abdul Samad Rabiu

Abdul Samad Rabiu, President of the BUA Group, has predicted that the naira may settle at N1300, on the backdrop read more Naira may settle at N1300 by end of December – Abdul Samad Rabiu

Politics

3 w. ago Here are banks that have met capital rules ahead of 2026 deadline

With less than seven months to the Central Bank of Nigeria’s 31 March 2026 recapitalisation deadline, several Nigerian lenders have read more Here are banks that have met capital rules ahead of 2026 deadline

Politics

last month Rights Issue: Sovereign Trust Insurance Plc to raise N20bn I’m fresh capital

Tribune Online Rights Issue: Sovereign Trust Insurance Plc to raise N20bn I’m fresh capital Sovereign Trust Insurance Plc, at its Annual General Meeting (AGM) slated for September 25, 2025, will ask shareholders to approve plans to raise N20 billion in fresh capital. In a notice filed with the Nigerian Exchange (NGX), the company explained that the capital raise could be carried out through a mix of share issuance options, […] Rights Issue: Sovereign Trust Insurance Plc to raise N20bn I’m fresh capital Tribune Online

Politics