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Ahead of the recapitalization deadline of March 31, 2026, the Central Bank of Nigeria (CBN) revealed that 30 banks have met the minimum capital requirements. On March 28, 2024, the apex bank announced an increase in the minimum capital requirements of banks. Under the recapitalization framework, international commercial banks must have ₦500 billion, national banks ₦200 billion, regional banks ₦50 …

The ADC accuses Tinubu of diplomatic missteps over ambassadorial duties The opposition African Democratic Congress (ADC) has accused President Bola Tinubu’s administration of diplomatic missteps over the announcement of ambassadorial posts, describing it as a mistake and confirmation of the government’s “historic incompetence”. In a statement signed by Mallam Bolaji Abdullahi, ADC National Publicity Secretary on Friday, March 6, the …

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…Advise citizens to seek medical attention immediately if symptoms occur The Nigerian Center for Disease Control and Prevention (NCDC) has stepped up nationwide surveillance and response activities as the peak dry season increases the risk of cerebrospinal meningitis (CSM) outbreaks across the country. NCDC Director-General, Dr Jide Idris, disclosed this in a public health advisory issued in Abuja on Friday, …

Convicted Nollywood actor, Olanrewaju Omiyinka, popularly known as Baba Ijesha, has courted fresh controversy after releasing a song in which he challenged the circumstances surrounding the sexual assault case that landed him in prison. In a song titled “Eniwaye Daran,” uploaded to his YouTube channel on Friday, the actor presented his version of the events that led to his arrest …