₦airaland Forum

Don27tiky:
Our celebrities often deny the claim of Christian genocide. He is getting first hand information. Let me see those yeyebrities that will deny it tomorrow

richiemcgold:
If I were inside the court, me sef go laugh out loud.
Has Tinubu not fought corruption to a standstill?
Shebi there's no corruption again in Nigeria?

Manny21:
"National grid" will continue to collapse until you do something about "National greed."

SpaceX:
Since yesterday why are they just telling us.

Savedday2:
You see why I say that SIM is a very weak governor?

Imagine, is during Wike administration the 26 law maker collected these moneys without execution and try to impeach Wike!

I just can't wait for Wike to disgrace that weak governor out of that place.

The annoying part is that, the "Madam" of a governor is hoping on Tinubu to save his ass. But what he doesn't know is that this time around, Tinubu hands is thighed.

SmartPolician:
Employment form where exactly?

You people must think that creating jobs is easy

b0rn2fuck:
Government can stop this non sense , just like it almost stopped doing the emiefele cashless policy,just that emiefele get his own for body, this things can be reduced if our government are serious

Dpsychologist:
CBN Recapitalisation Is Here. 21 Banks Have Passed. The Rest Are on the Clock.

If you still think Nigeria’s banking recapitalisation is a joke, this update should wake you up.

As of January 2026, 21 banks have successfully met the new capital requirements set by the Central Bank of Nigeria. No rumours. No projections. Actual money raised.

For context, CBN raised the minimum capital like this:
International banks need ₦500 billion
National banks need ₦200 billion
Regional banks need ₦50 billion
Non interest banks need between ₦10 billion and ₦20 billion

Deadline is March 31, 2026. Less than three months away.

This exercise started in 2024 and it is already reshaping the entire banking sector. Rights issues. Private placements. Mergers. Balance sheet surgery. Anyone sleeping will not survive.

Let us break it down clearly.

International Banks That Have Crossed ₦500bn

Access Bank
Zenith Bank
First HoldCo First Bank
GTCO
UBA
Fidelity Bank

Access and Zenith did not just meet the requirement. They overshot it comfortably. That alone tells you who came prepared and who did not.

National Banks That Have Crossed ₦200bn

Wema Bank
Citibank Nigeria
Standard Chartered Nigeria
Ecobank Nigeria
Globus Bank
Stanbic IBTC
PremiumTrust Bank
Providus Bank through merger with Unity Bank

PremiumTrust deserves special mention. Just three years old and already hitting ₦200bn. That is aggressive banking.

Merchant and Non Interest Banks Not Left Out

FSDH Merchant Bank
Greenwich Merchant Bank
Nova Bank
Rand Merchant Bank

Jaiz Bank
Lotus Bank
TAJBank

Now here is the part many people are ignoring.

This recapitalisation is not about impressing CBN. It is about survival.

We saw this movie in 2004 under Soludo. Banks reduced from 89 to 25. Weak players disappeared. Strong ones became giants. History is repeating itself, just bigger and tougher.

What does this mean for everyday Nigerians?

Fewer but stronger banks
Better shock resistance
More capacity to fund big projects
Less excuses during economic stress

But also
Banks that fail to raise capital will be forced to merge or shut down
Some familiar names may disappear
Jobs will be affected
Shareholders who did not pay attention will cry later

This is not politics. This is finance. Money talks. Capital decides who stays.

If your bank has not clearly announced how it plans to meet the requirement, start asking questions now, not in April.

CBN has drawn the line.
21 banks have crossed it.
The rest are racing against time.

Nigeria’s banking sector is entering a new era. Stronger. Leaner. Less forgiving.

Sit tight. The next three months will be very interesting.

Source

Solosolojohquay:
That means your prayer still remains because Calvin bassey will be absent during Nigeria vs Egypt match

Wotowotoman:
Una still dey here when better ball dey the other side?

BondRiv:
Agreement is agreement. This is politics. Go and become a pastor, if the heat is too much for you. Always looking for sympathy and making excuses for Fubara. Beg beg people. Always on their knees. Fubara went to France to beg, later he won't obey the agreement. He and his deputy should resign with apology.

FaAbData:
You sound like it's an easy thing to do.

Interesting days ahead

sonnie10:
How much was a bag of cement in your time #900 or #1000. But today it is #10k . Inflation also affects government contracts and purchases.
So that reasoning is not appropriate. Just say you are ashamed and only admitting that his few months in office have dwarfed your whole 8 years, in terms of completed projects

symbianDON:
https://www.vanguardngr.com/2026/01/drivers-decision-that-saved-anthony-joshuas-life-lawyer-son/

Putinofrussia:
lol
Even when the govs are testifying that they have never gotten the kind of money they are being given now as FAAC and a lot of them are executing projects left and right without borrowing.
Propaganda has blurred your reasoning indeed.

lailo:
They will come to your house and explain to u how the money is used. Be like say u no get eye dey see development.
1. the improved funding that your governors are collecting from Abuja, where is it coming from?
2. NELFUND where is the money coming from?
3. Various federal roads projects receiving attention throughout the country, where is the fund coming from
4. Payments of debts to oil marketers, offset of pensions, where is the money coming from
5. Raising of minimum wage from 30k to 70k, where is the money coming from
6. Various infrastructure going on around the country, na from your account thr money dey come?
7. To prosecute security for a nation, na chicken change? where thr money dey come from?
Mumu people with mumu questions

nairalandankrah:
https://saharareporters.com/2025/12/25/boko-haram-behind-borno-mosque-bomb-blast-nigerian-army-confirms

helinues:
How can FG react to joint operation? Are they reacting because they wasn't aware?

All these evening bloggers self

Glimpsetv:
A major fire outbreak has been reported at the Great Nigeria Insurance House, a 22-storey commercial building located on Martins Street within the Balogun Market area of Lagos Island. The incident occurred today, December 24, 2025.

The high-rise building, which is primarily used as a warehouse for clothing materials, reportedly caught fire at about 5:00 p.m. Preliminary investigations by the Lagos State Emergency Management Agency (LASEMA) indicate that the fire started in an office on the fourth floor.

The blaze escalated rapidly, spreading from the fourth floor to the sixth floor and eventually affecting other parts of the structure.

Emergency response teams, including LASEMA’s Shark Response Team and the Lagos State Fire and Rescue Service, are currently on the scene battling the inferno and working to bring the situation under control.
As of 8:30 p.m., the number of casualties remains unconfirmed, as firefighting and rescue operations are still ongoing.
Balogun Market, one of Lagos Island’s busiest commercial hubs, has witnessed similar incidents in the past. This fire comes months after another outbreak in September 2025 that affected a high-rise office building within the same Balogun Market vicinity.


https://www.youtube.com/watch?v=VNKYaumCb3E?si=KbwBQoi9TJBgxPbJ

seunmsg:
The worst judgment in recent memory has to be the judgement that made Duoye Diri of PDP the governor of Bayelsa state. It was a reckless judgement with no basis in law and it was delivered against APC. The Supreme Court was so ashamed they have to announce they’ve departed from the judgement and it can’t be cited as a precedent.

So, quit all the cries about Imo and let’s hear word. Even the judgement that gifted Zamfara to PDP was worse than the Imo judgement and the Supreme Court had also stopped court from interfering in internal affairs of a political party.

seunmsg:
The worst judgment in recent memory has to be the judgement that made Duoye Diri of PDP the governor of Bayelsa state. It was a reckless judgement with no basis in law and it was delivered against APC. The Supreme Court was so ashamed they have to announce they’ve departed from the judgement and it can’t be cited as a precedent.

So, quit all the cries about Imo and let’s hear word. Even the judgement that gifted Zamfara to PDP was worse than the Imo judgement and the Supreme Court had also stopped court from interfering in internal affairs of a political party.

seunmsg:
The worst judgment in recent memory has to be the judgement that made Duoye Diri of PDP the governor of Bayelsa state. It was a reckless judgement with no basis in law and it was delivered against APC. The Supreme Court was so ashamed they have to announce they’ve departed from the judgement and it can’t be cited as a precedent.

So, quit all the cries about Imo and let’s hear word. Even the judgement that gifted Zamfara to PDP was worse than the Imo judgement and the Supreme Court had also stopped court from interfering in internal affairs of a political party.

emkz:
Aliko:

1. Is it true that our refinery cannot meet daily demand in Nigeria?

2. If that is the case, why do you want to monopolize the market?

3. If your refinery cannot meet daily demand, is it not fair for import licenses to be granted to those who can support your own output?

4. You hold press conferences every month as if you are briefing Nigerians on the state of your refinery. In your latest press conference, you published the names of NMDPRA's children and the schools they attended and the fees they paid. You failed to link those fees to corruption. We expected you to submit evidence of him receiving money illegally or engaging in corruption. How will you feel if the details of your children and their schools and addresses are published?

5. You are at loggergeads because he granted import licenses. Why don't you lobby legislators to amend the PIA to ensure NMDPRA cannot grant such licenses?

6. You attempted to penetrate the noodles market and left it as quickly as you came in because Dufil Prima already dominated the market. Are you afraid of competition?

7. Scale up production, plug loopholes and sell at prices Nigerians can afford. That way, you'd take a significant chunk of market share. Engaging in monthly smear campaign and attacking someone's children is not how to run a business. That is introducing political smear campaign in the corporate world. Until the refinery attains full capacity, import licenses are to continue.

We appreciate Aliko for building a refinery to meet Nigeria's energy needs. I suggest he buys out the marketers and take over their assets.

nairalanda1:
The issue is not what we peg the budget on , but on the fact that we cannot or do not set the prices of oil, tin, columbite , gold and so on ( which we don't even produce in sufficient quantities to make economic sense anyway).

Because of that, the prices never favor us which is why we are in debt. Like oyel. We need oyel to be at 150 or at least 100 dollars per barrel to make economic sense

Even when Nigeria was selling a lot of cash crops and minerals in the 1960s, access to education, power supply, potable water and roads were poor.

So no matter what we do, we are going to keep on having problems meeting revenue targets.

Hence borrowing, which can be reduced by improving domestic tax revenues .

But the ultimate goal is an industrialized economy that produces goods for the world. Which is how china went from being a debtor to a creditor

Moroccoguy:
Which junction is this again.