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Banks Set For Massive ₦900bn Capital Injection In 2025 Shake-Up

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According to Nivo News, Nigeria’s banking sector is projected to receive an additional ₦900 billion capital injection in 2025 as lenders intensify efforts to meet new recapitalisation requirements ahead of the Central Bank of Nigeria’s March 2026 deadline. The development was highlighted in the latest Nigerian Banking Industry Report by pan-African rating agency Agusto & Co., which maintained a “stable” outlook for the sector.....KINDLY READ THE FULL STORY HERE▶

In March 2024, the CBN directed commercial banks to strengthen their capital bases, mandating institutions with international licences to raise at least ₦500 billion, those with national licences to meet ₦200 billion, and regionally authorised lenders to achieve ₦50 billion. Non-interest banks were also given new thresholds of ₦20 billion and ₦10 billion for national and regional operations respectively. Analysts estimate that the industry must mobilise roughly ₦4.2 trillion to achieve full compliance. By the end of 2024, the Securities and Exchange Commission confirmed that about ₦1.7 trillion had already been raised through the capital market.

The CBN Governor, Olayemi Cardoso, recently disclosed that eight banks have met the recapitalisation benchmark, while others are entering subsequent fundraising phases to close the gap. Agusto & Co. reported that 16 banks secured ₦1.7 trillion in 2024, with an additional ₦800 billion raised in the first seven months of 2025. The firm expects a further ₦900 billion to be mobilised before the end of the year as lenders shore up buffers against market volatility and position for growth. Domestic investors have provided most of this capital, reflecting confidence in Nigeria’s financial institutions.

The report, however, warned that the CBN’s termination of regulatory forbearance in June 2025 would weigh on profitability this year. Impaired loans previously enjoying temporary relief are now being fully classified, with Agusto & Co. projecting the industry’s non-performing loan ratio could rise to 6.9 per cent before improving in 2026. While some banks are expected to accelerate write-offs under transitional provisions, stricter compliance with single obligor limits and provisioning requirements may push impairment charges higher in the short term.

Profitability indicators, which surged in 2024 on the back of foreign currency revaluation gains and a high-yield environment, are forecast to decline in 2025. Agusto & Co. anticipates profit before tax will fall by 19.2 per cent, with pre-tax return on average equity dropping to 27.3 per cent from 48.2 per cent in the previous year. A recovery is projected for 2026 as fresh capital is fully deployed and impairment costs normalise.

In a series of circulars issued earlier this year, the CBN restricted some banks from paying dividends or funding foreign subsidiaries over breaches linked to regulatory forbearance. It also ordered all lenders to submit detailed capital restoration plans outlining strategies such as cost optimisation, risk transfer, and portfolio restructuring. Furthermore, banks are now required to file quarterly disclosures covering provisioning status, capital adequacy calculations, and comprehensive data on additional tier-1 instruments to enhance transparency and regulatory oversight.

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Tinubu Declares War On Malicious Reporting: “Don’t Give A Platform To Those Who Wish Us Harm!”.

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During the inaugural State House Press Corps Presidential Dinner in Abuja, President Bola Tinubu issued a stern call for responsible journalism. He urged media organizations to avoid becoming platforms for criminal elements, such as bandits and terrorists, arguing that irresponsible reporting undermines national stability.....KINDLY READ THE FULL STORY HERE▶

President Tinubu emphasized that while the government is actively neutralizing threats and rescuing hostages, the media plays a crucial role in maintaining a safe environment. He highlighted a collaborative framework for democracy: the government acts and explains its decisions, while the media observes and holds leadership accountable through questioning. Ultimately, he warned against allowing media outlets to amplify the messages of those intent on harming the nation.

Senate President Lauds Tinubu’s Performance

In a separate event, Senate President Godswill Akpabio lauded President Tinubu as a “miracle worker,” noting his administration’s prolific track record. Representing the President at the commissioning of the Old Keffi Road (stretching from Kado Fish Market to Deidei), Akpabio highlighted the significance of the project in marking the administration’s third anniversary.

The Senate President remarked that no other Nigerian leader in history has commissioned a comparable number of projects across the country within their first three years in office, reinforcing his view of Tinubu as a high-performing leader.

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Political Rebellion! Kwara APC Stakeholders Slam Door On Reps Candidate In Shock Move!.

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A group of All Progressives Congress (APC) stakeholders in Kwara State has formally requested that Governor AbdulRahman AbdulRazaq intervene regarding the party’s candidacy for the Ekiti/Irepodun/Isin/Oke-Ero Federal Constituency in the upcoming 2027 elections. The stakeholders, including local government council officials and APC leaders from Ekiti and Oke-Ero, contend that the candidate currently recognized by the party is not the individual who won the primary election held on May 16, 2026.....KINDLY READ THE FULL STORY HERE▶

  • Disputed Results: The petitioners claim that Abolarin Ganiyu won the primary with 17,128 votes, while the incumbent, Raheem Tunji Olawuyi, received only 2,978 votes. They expressed concern that Olawuyi, who reportedly placed sixth, is being presented as the winner.

  • Political Imbalance: The stakeholders argue that the constituency has suffered from political inequity since 1999, as the seat has consistently been held by representatives from either Irepodun or Isin local government areas. They noted that Ekiti and Oke-Ero, which collectively comprise 20 of the constituency’s 42 wards, have never produced a representative.

  • Call for Action: In their open letter, the leaders urged Governor AbdulRazaq to work with the APC national leadership to recognize Abolarin Ganiyu as the legitimate candidate. They stated that this correction is necessary to uphold justice, equity, and internal party democracy.

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Croatia Crushed: Portugal Sends Shockwaves Through Tournament, Punches Ticket To Spain Clash!.

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Portugal secured a dramatic 2-1 victory over Croatia in Toronto on Thursday, punching their ticket to the World Cup round of 16. Although Ivan Perisic gave Croatia the lead in the 53rd minute, Cristiano Ronaldo equalized via a 68th-minute penalty before Goncalo Ramos scored a header in the fourth minute of stoppage time to clinch the win. A potential late equalizer from Josko Gvardiol was overturned by VAR for offside. Following the win, an emotional Ronaldo dedicated the performance to his late teammate, Diogo Jota, wearing a jersey with Jota’s number 21. Portugal is now set to face European champions Spain in Dallas this Monday.....KINDLY READ THE FULL STORY HERE▶

In other tournament action, Spain dominated Austria with a 3-0 victory in Los Angeles to advance to the round of 16. Mikel Oyarzabal netted two goals, and Pedro Porro added another to round out a performance that Spanish coach Luis de la Fuente described as “close to perfect”. Despite the commanding result, de la Fuente emphasized that his squad remains ambitious and believes there is still room for improvement as the competition enters a more demanding phase.

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