In the high-stakes world of Nigerian finance, a new drama is unfolding. The Central Bank of Nigeria (CBN), in a bold and decisive move, has sounded the bugle for a banking sector recapitalization, a policy that is shaking the foundations of financial institutions across the country. With a deadline of[Read More…]
Tag: Survival of the Fittest: How Banks Are Navigating the CBN’s Capital Crunch
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]