30 banks meet CBN recapitalisation rules 19 days to deadline

30 banks meet CBN recapitalisation rules 19 days to deadline

By Peter Egwuatu, Assistant Business Editor As at today, 12th March 2026, 30 banks out of the 35 banks operating in the country have met the recapitalisation requirement of the Central Bank of Nigeria, CBN, according to findings by Vanguard. The remaining five banks have 19 more days to meet the recapitalisation deadline which ends […]
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Iran War: Why oil prices are soaring despite record reserve release

Iran War: Why oil prices are soaring despite record reserve release

Major economies have agreed to release a record amount of strategic oil reserves, but the move did little to calm investors Thursday, with prices at one point surging above $100 a barrel. Fresh Iranian strikes on energy infrastructure and fears of a prolonged conflict have overshadowed the historic drawdown. AFP explains why the release has […]

ICPC urges Borno tax agency to ease payments amid hardship

ICPC urges Borno tax agency to ease payments amid hardship

The Independent Corrupt Practices and other related offenses Commission has called on the Borno State Internal Revenue Service to devise a means of easing tax payment in the state, noting that many residents pay taxes under difficult economic conditions.

Vanguard Detty December