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Nigerian banking sector

UN Proposes 15 Percent Budget Cut for 2026

The UN plans 15% budget cut in 2026 as Antonio Guterres tackles U.S. arrears, workforce downsizing, and organizational restructuring

Nigerian Banks Embrace CBN Recapitalization with Confidence

The ACAMB has confidently backed the CBN's bank recapitalization plan, ensuring stakeholders that Nigerian banks are secure and poised for robust economic support.

13 Banks to Raise N3.31 Trillion, CBN Sets New Capital Rules

In response to CBN's updated capital requirements, Nigerian banks are tasked with raising N3.31 trillion, aiming to bolster financial resilience and support economic growth.

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UN Proposes 15 Percent Budget Cut for 2026

The UN plans 15% budget cut in 2026 as Antonio Guterres tackles U.S. arrears, workforce downsizing, and organizational restructuring

Taiwo Afolabi Expands Community Projects, SAHCO Stake

SIFAX Group founder Taiwo Afolabi has commissioned new projects in Ogun State while his aviation unit SAHCO posts soaring profits and a higher valuation.

126 Environmental Defenders Killed in Africa Since 2012, Report Shows

Global Witness reports 126 killings of environmental defenders in Africa since 2012, with DRC named the most dangerous country.