Foreign bank inflows jump to 93% amid financial reforms

NBS

Abroad Revenue in Nigeria’s banking sector has risen by a whopping 93.25 percent year-on-year to $13.53bn in 2025, from $7.00bn reported in 2024, amid the ongoing signal of recapitalization by the Central Bank of Nigeria. Data from the National Bureau of Statistics report on foreign investment showed that the banking sector remains the main source … Read more

Virginia Legislature Passes Widespread Bill of Employment-Related Reforms

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Quick Hits The Virginia General Assembly has passed legislation that would ban non-compete agreements for health care professionals. HB1 and SB1 would establish a multi-year schedule to raise Virginia’s minimum wage to $15 an hour by January 1, 2028, with additional changes based on the Consumer Price Index beginning in 2029. SB258 and SB790 would … Read more