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Jan 1, 2025 · Other requirements set by the CBN included that the minimum capital shall comprise paid-up capital and share premium only and not include shareholders’ funds. “Additional Tier 1 (AT1) Capital shall not be eligible for meeting the new requirement. Notwithstanding the capital increase, banks are to ensure strict compliance with the minimum capital adequacy ratio (CAR) requirement applicable ...

Dec 31, 2024 · The centre said business managers and owners needed to prioritise a couple of strategies to ensure resilience in 2025. These include leveraging technology to reduce cost and ensure competitiveness, deepening backward integration to reduce forex exposure, and lowering debt financing to reduce the burden of high interest rates.

Jan 6, 2024 · In its December 18, 2023 report, the Centre noted that Nigeria might have recorded the highest number of Lassa fever cases, with 8,542 suspected cases, 1,170 confirmed cases, and 200 deaths across 28 states.. Meanwhile, as of December 24, the number of suspected Lassa fever cases stood at 8978, out of which 1227 cases were confirmed, and 216 deaths were reported across 28 states.

Sep 8, 2024 · THE debut of Dangote Petrochemical Refinery into the Nigerian Petroleum market has been described as a major milestone in Nigeria’s energy sector.. The refinery’s entrance into the market has generated several reactions, especially with the unveiling of its colourless premium motor spirit (PMS) product popularly referred to as fuel in Nigeria.

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Mar 27, 2022 · Adamu’s election was endorsed by the party delegates as four frontline contestants who had earlier indicated interest to seek the office stepped down for him hours before the election kicked off.. They include a former governor of Nasarawa State, Tanko Al-Makura; former Benue governor and current Minister of Special Duties, George Akume; a senator for Niger East, Sani Musa; former Deputy ...

Dayo Aiyetan is the founding Executive Director of the International Centre for Investigative Reporting, ICIR, Abuja.He was a senior associate editor and Abuja Bureau chief of TELL Magazine, Nigeria’s leading political weekly, until May 2010 when he resigned to set up the Centre. A graduate of Theatre Arts/English from the University of Ibadan, he started his journalism career as a Features ...

Apr 1, 2024 · The title is managed by the Legal Practitioners Privileges Committee (LPPC), which is chaired by the Chief Justice of Nigeria (CJN) and is made up of the Attorney-General of the Federation, the President of the Court of Appeal, the Chief Judge of the Federal High Court, and some SANs, among other people.

Jan 5, 2024 · The heightened insecurity in Benue state has put immense pressure on education, resulting in the closure of numerous schools due to attacks. Consequently, this situation has led to a significant increase in the number of out-of-school children, especially in LGAs like Guma, where militant herdsmen and bandits have laid siege.