16 articles tagged
Abdul Samad Rabiu of BUA Group hosted Tony Elumelu, Chairman of UBA, at BUA's Lagos headquarters to deepen their strategic alliance aimed at driving Nigeria's industrial growth. The meeting focused on expanding financing for large-scale manufacturing and supporting domestic production.
In 2025, FCMB Capital Markets Limited emerged as the leader in the FMDQ Fixed Income Primary Markets Sponsors' League, successfully raising ₦1.53 trillion through various debt instruments. The firm secured the top position due to its significant contributions across bond listings and commercial paper quotations.
Finance Minister Wale Edun has stated that Nigeria’s economic reforms signify a fiscal adjustment aimed at ensuring long-term sustainability, rather than indicating a fiscal crisis. He emphasized that the current administration prioritizes lasting solutions over temporary fixes.
The Central Bank of Nigeria (CBN) reports that 30 banks have successfully met the new minimum capital standards, indicating steady progress in the ongoing recapitalisation exercise ahead of the March 31 deadline.
Research is transforming FSDH into a leader in the market by translating data into effective strategies. The bank’s analysis fosters improved decision-making and contributes to Nigeria's economic development.
Professor Kabiru Isa Dandago, who once served as Kano's Commissioner for Finance, has passed away at the Aminu Kano Teaching Hospital. His death was confirmed by Lamara Garba, Director of Information at Bayero University, Kano.
Wale Edun has confirmed that the new tax regulations will undergo careful monitoring to guarantee fairness and transparency. The assurance was made during the signing event of the Presumptive Tax framework in Abuja.
Access Holdings Plc has appointed Emeka Ogbechie as its new Chief Financial Officer, effective February 26, 2026. The financial institution believes this move will bolster its fiscal governance and improve capital management.
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has expressed his approval of the African Union's decision to grant Nigeria a permanent seat on the African Monetary Institute Board. This outcome was endorsed during the AU's recent summit in Addis Ababa, Ethiopia.
The Senate Committee on Finance has threatened to deny budget allocations to the Accountant-General's Office in 2026 due to alleged failures in providing funds to ministries and agencies for their projects.
The National Assembly has made it clear that budget implementation extensions will no longer be authorized, as stated by Solomon Olamilekan Adeola, the Senate Committee on Appropriations Chairman. This was revealed during a public hearing regarding the 2026 Appropriation Bill.
As of October 2025, the Federal Government recorded a revenue generation of N20.7 trillion, allocating N13.69 trillion for debt service and N8.1 trillion for capital projects. This update was provided by the Director-General of the Budget Office during a recent briefing.
The All-Indigenous Contractors Association of Nigeria (AICAN) has countered the Ministry of Finance's statement that N152 billion was disbursed to contractors, claiming only N21 billion has been received.
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Pastor Kingsley Okonkwo has expressed that without adequate financial means, many men struggle to exhibit the necessary qualities to effectively lead women. He emphasizes that leadership today requires more than just financial provision.
A Nigerian woman claims men need to recognize that financial considerations are a component of relationships, even when genuine feelings are present. She recounts a recent encounter where financial questions led to a defensive reaction from a potential suitor.
