NSC CHAIRMAN HIGHLIGHTS IMPORTANCE OF PARA ATHLETES IN NIGERIAN SPORTS AS FIRST LADY DECLARES 3RD NATIONAL PARA GAMES CLOSED

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 PRESS RELEASE NSC CHAIRMAN HIGHLIGHTS IMPORTANCE OF PARA ATHLETES IN NIGERIAN SPORTS AS FIRST LADY DECLARES 3RD NATIONAL PARA GAMES CLOSED The First Lady of the Federal Republic of Nigeria Her Excellency Senator Oluremi Tinubu CON has declared the 3rd National Para Games closed. Senator Tinubu was represented at the event held at the Velodrome Moshood Abiola National Stadium Abuja by wife of the Vice-president Her Excellency, Hajiya Nana Kashim Shettima.  Her Excellency Senator Tinubu applauded the athletes' resilience in the course of the Games. Her words, "I commend the athletes who participated from across the 36 states and the Federal Capital Territory. You have displayed courage, resilience and grace. You have shown us that the strength of the human spirit knows no limitations..As a mother I am deeply inspired. I don't just see athletes but determined sons and daughters of Nigeria who have chosen courage over fear, excellence over excuses and limitations. You are tru...
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CBN CONCLUDES RECAPITULATION; BANKS RAISE ₦4.65 TRILLION TO BOOST FINANCIAL STABILITY. (PHOTO).

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 CBN CONCLUDES RECAPITULATION; BANKS RAISE ₦4.65 TRILLION TO BOOST FINANCIAL STABILITY 


The Central Bank of Nigeria says it has successfully concluded the banking sector recapitalisation programme, strengthening the resilience of Nigeria’s financial system.


According to the apex bank, lenders raised ₦4.65 trillion in fresh capital within 24 months, with over 72 percent sourced locally and about 27 percent from international investors—an indication of sustained confidence in the sector.

CBN Governor, Olayemi Cardoso, says the exercise has reinforced banks’ capital base and improved their capacity to withstand economic shocks.


The CBN confirms that 33 banks have met the revised minimum capital requirements, while a few others remain under regulatory processes, with all institutions continuing normal operations.


It adds that the programme has improved capital adequacy ratios above global benchmarks, enhanced asset quality, and strengthened balance sheet transparency.


The apex bank says enhanced risk-based supervision and mandatory stress testing will sustain these gains, positioning the banking sector to support lending, savings mobilisation, and overall economic growth.

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