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Nigeria’s Bank Recapitalization: Progress with 6 Months to Deadline The Central Bank of Nigeria (CBN) initiated a major banking sector recapitalization program in April 2024, requiring banks to meet significantly higher minimum capital thresholds by March 31, 2026. The targets vary by license type: This 24-month window aims to strengthen banks’ resilience amid economic challenges … Read more
Canada Launches Build Canada Homes: A New Federal Agency for Affordable Housing On September 14, 2025, Prime Minister Mark Carney announced the creation of Build Canada Homes (BCH), a new federal agency dedicated to accelerating the construction of affordable housing across Canada. This move is part of the Liberal government’s broader strategy to address the … Read more
Analysis: Trump’s Public Shrug Over Drone Incursion in Poland Fuels Unease in Europe In a geopolitical landscape already strained by the ongoing Russia-Ukraine war, Russia’s drone incursion into Polish airspace on September 10, 2025, has sent shockwaves through NATO’s eastern flank. What made the incident even more alarming for European allies was U.S. President Donald … Read more
Warner Bros. Discovery Stock Surges: Benchmark Reaffirms Buy Rating Amid Paramount Skydance Bid Rumors Warner Bros. Discovery (WBD) stock is making waves, soaring 33.5% in a week, as Benchmark reiterates its bullish Buy rating with an $18 price target. Fueled by reports of a potential acquisition bid from Paramount Skydance, the entertainment giant is capturing … Read more
Bethia Idoko: A Nigerian Traveler’s Journey to 99 Countries Bethia Idoko, a prominent Nigerian travel expert, philanthropist, and Head of Business Development at GidiTraffic, has become an inspiration for many aspiring global explorers from Nigeria. As of recent reports, she has visited 99 countries using only her Nigerian passport—a remarkable feat given the Nigerian passport’s … Read more
Pope Leo XIV Urges Bishops to Confront Abuse Allegations Head-On, No More Hiding In a bold call echoing through the Vatican’s halls, Pope Leo XIV has warned Catholic bishops against burying sexual abuse claims, demanding transparency and justice in a church still scarred by scandal. The Pope’s Direct Message to New Bishops Pope Leo XIV … Read more
UBS Upgrades Hannover Rueck Stock to Buy: A Bet on Earnings Resilience In a bold move signaling confidence in the reinsurance sector, UBS has upgraded Hannover Rueck SE (OTC: HVRRY) to a Buy rating, spotlighting its robust earnings potential. This decision, announced on September 12, 2025, comes as the stock trades at $47.441, offering U.S. … Read more
From the Continent, For the Continent: Building Homegrown Instant Payment Systems to Drive Financial Inclusion in Africa Africa stands at the cusp of a digital revolution, where innovative payment solutions could unlock economic potential for millions. Yet, with over 400 million adults still excluded from formal financial services, the continent must prioritize homegrown instant payment … Read more
Top 7 Largest Auto Spare Parts Markets in Lagos, Nigeria Lagos, Nigeria, is the epicenter of West Africa’s automobile spare parts trade, driven by the nation’s 11.7 million registered vehicles and a robust aftermarket economy. Below are the top seven largest auto spare parts markets in Lagos, based on field visits, trader insights, and reports … Read more
The Electricity Act Amendment Bill 2025 – The Need for a Cautious Rethink Nigeria’s power sector, long plagued by blackouts and inefficiencies, has seen glimmers of hope since the landmark Electricity Act of 2023 decentralized authority, empowering states to take charge of their energy futures. Yet, just two years later, a proposed amendment bill threatens … Read more