The Central Bank of Nigeria (CBN) has introduced substantial increases in the minimum capital base for banks, effective immediately.
The recent policy shift, announced on Thursday, March 28, 2024, mandates a significant capital upgrade for banks operating at different authorization levels.
Commercial banks with international authorization must now elevate their capital...
The Edo State Governor Godwin Obaseki has said his administration will commit N6 billion for the execution of development programmes across the 24 constituencies in Edo State.
The governor, in a statement, reassured that the projects to be executed in partnership with members of the State House of Assembly will...
Plateau State Governor Simon Bako Lalong has directed members of the State Executive Council to undergo test for COVID-19 and thereafter isolate beginning today, 1st July, 2020.
This follows the fact that a member of the State Executive Council and Commissioner for Commerce and Industry Abe Aku tested positive for...
The governor of Ogun State, Prince Dapo Abiodun has reiterated his commitment to constructing approximately 10,000 housing units before the end of his tenure. The governor disclosed that over 4,000 houses have already been built across the state, showcasing a significant stride in housing development.
During a meeting with Mr....
Governor Ahmadu Umaru Fintiri after been received by a crowd of supporters had inspected the ongoing construction of Michika township roads.
Governor Umaru Fintiri on had also inspected rehabilitation of Uba Water Scheme System and Uba Power substation.
The Governor accompanied by the Speaker Adamawa State House of Assembly, Alhaji Aminu...
urges security operatives to take charge
Governor of the State of Osun, Adegboyega Oyetola, has again appealed to the members of the ruling All Progressives Congress, APC, in the State to give peace a chance and allow the ongoing appeal process run its full course.
He also condemned what he...
2023: PDP Not Alternative to APC - Akpanudoedehe
The All Progressives Congress (APC) has served a strong notice to the opposition Peoples Democratic Party (PDP) that, it cannot return to power in a free and fair election because the electorates are intelligent and know that the PDP has nothing...
The Finance Bill 2019, when signed into law, will ensure that small businesses with turnover less than N25m will be exempted from Companies Income Tax.
Currently, all companies are expected to pay the Federal Government 30 per cent of their profit as Companies Income Tax.
However, the Minister of Finance, Budget...
The Supreme Court on Wednesday upheld the election of Governor Babajide Sanwo-Olu of Lagos State.
A seven-man panel of the apex court led by Justice Mary Peter-Odili affirmed the governor’s victory at the March 9, 2019 election after dismissing two separate appeals challenging the outcome of the poll.
Justice Paul Galinje,...
The Governor of Oyo state, H.E Engr. Seyi Makinde, today, used the opportunity of the 2021 Armed Forces Remembrance Day celebration to appreciate all officers and men of security agencies for their selfless service at this unusual time, while noting that the sacrifices of all fallen heroes will never...
