The Supreme Court Friday, February 20, 2026, finally delivered judgment in favour of the Asset Management Corporation of Nigeria (AMCON) following the…
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BUSINESS
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BUSINESSFEATURED
CBN: 20 Banks Meet New Capital Threshold As Recapitalisation Hits N4.05trillion
by Alien Mediaby Alien MediaBanks have raised a total of N4.05 trillion under the Central Bank of Nigeria’s (CBN) ongoing recapitalisation programme ahead of the March…
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BUSINESSFEATUREDNEWS
EFCC’sWitness Testimony Shows Federal Government Ordered AMCON Intervention In Arik
by Alien Mediaby Alien MediaThe ongoing EFCC Arik case at the Special Offences Court sitting in Ikeja, Lagos State resumed today after the Christmas, and New…
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BUSINESSFEATUREDNEWS
GENCOs Blame Power Sector Debt Crisis On Lack Of Political Will; Proffers Way Out
by Alien Mediaby Alien MediaElectricity Generation Companies (GENCOs) have blamed the protracted debt crisis in the country’s power sector to the lack of political will by…
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BUSINESSFEATUREDNEWS
Cardoso Lauds AU’s Decision On Nigeria’s Permanent Membership Of AMI
by Alien Mediaby Alien MediaThe Governor of Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has lauded the recent decision of the 39th Ordinary Session of…
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AMCON Managing Director/CEO Mr Gbenga Alade (left), and AMCON Head of Corporate Communications, Mr Jude Nwauzor The Asset Management Corporation of Nigeria…
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BUSINESSFEATURED
FirstBank Meets ₦500billion Recapitalisation Regulatory Requirement
by Alien Mediaby Alien MediaFirst HoldCo Plc has announced that its commercial banking subsidiary, First Bank of Nigeria, has successfully met the Central Bank of Nigeria’s…
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BUSINESSFEATUREDNEWS
Igbo Etiti Council Boss Presents ₦7.74 Billion Budget Proposal For 2026
by Alien Mediaby Alien MediaThe Executive Chairman of Igbo-Etiti Local Government Area of Enugu State, Dr. Eric Odo, has presented a ₦7.74 billion budget proposal for…
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BUSINESSFEATUREDNEWS
UBA Group Dominates 2025, Banker Awards, Emerges Africa’s Bank Of The Year, For Third Time In Five Years
by Alien Mediaby Alien MediaAfrica’s Global Bank, United Bank for Africa (UBA) Plc, has once again reaffirmed its leadership as one of the continent’s most innovative…
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BUSINESSFEATURED
CBN Scraps Deposit Limits, Increases Weekly Withdrawal, Makes Other Reviews
by Alien Mediaby Alien MediaThe Central Bank of Nigeria, CBN, has abolished the existing ceiling on cash deposits. NewsBits reports that in the major policy review,…
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