How Access Bank Overtook Others, Becomes First to Scale CBN's N500bn Recapitalisation Hurdle Aig-Imoukhuede: Achievement demonstrates resilience of capital market
James Emejo in Abuja and Kayode Tokede in Lagos
There are indications that Access Bank Plc has become the first Deposit Money Bank (DMB) to scale Central Bank of
Nigeria’s new minimum capital requirement of N500 billion for commercial banks with international authorisation.
Nigeria's stock market beats analysts’ forecast, gains N21.03trn in 2024
This followed the announcement by Access Holdings Plc that the company had secured full regulatory approvals
of the apex bank and the Securities and Exchange Commission (SEC) of its recently closed Right Issue, raising
a total of N351.01 billion, which was Continued on page 9
NNPC Floats Crude Production Monitoring Centre to Track Oil Output... Page 9
Friday 27 December, 2024 Vol 29. No 10855. Price: N400
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Four Drug Lords Get 28 Years in Jail, Forfeit VGC Houses, Large Cash... Page 6
Bauchi Governor: Tax Reform Bills Favour One Section of Nigeria, Shortchange North Says state voted for Tinubu and he must listen to them Warns president will see real colour of north if situation persists
Segun Awofadeji in Bauchi
Bauchi State Governor, Senator Bala
Mohammed, has reechoed his concerns over the federal government’s tax reform bills, insisting they are designed
to favour a section of the country and short-change the north. Mohammed claimed that since
Bauchi voted for President Bola Tinubu in the 2023 general election, he must listen to them. He added that
the reforms could lead to economic setbacks, particularly, in northern Nigeria.
The governor also declared that the Continued on page 9
FG: Niger Attempting to Blackmail Nigeria over ECOWAS’ Stance, Says It’s Doomed to Fail Dismisses allegations as disingenuous CDS says nation won't allow foreign military base, warns those dealing with terrorists Omokri mocks junta leader, Abdourahamane Tchiani, says he’s in panic mode Chuks Okocha, Olawale Ajimotokan, Linus Aleke in Abuja and Onuminya Innocent in Sokoto The federal government, last night, described allegations by the Nigerien junta, Gen. Abdourahamane Tchiani, that there was a covert collusion between Nigeria and France to destabilise his country as an attempt to blackmail Nigeria over the principled stance of the Economic Community of West African States (ECOWAS) against the unconstitutional seizure of power in that country. Describing the allegation as disingenuous and doomed to fail, Minister of Information and National Orientation, Mohammed Idris, in a statement, insisted the claim was “non-existent”. That was as Chief of Defence Staff (CDS), Gen. Christopher Musa, maintained that the Nigerian military will not allow any foreign military base in the country. Musa also warned those said to Continued on page 9
FUBARA ACKNOWLEDGING CHEERS DURING CHRISTMAS PARTY FOR RIVERS CHILDREN... Rivers State Governor, Sir Siminalayi Fubara acknowledging cheers during the Christmas Party for Rivers children at Government House in Port Harcourt... yesterday