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Nigerian Bank Recapitalization Gains Momentum: 8 Lenders Mee

As the ongoing recapitalisation of the banking sector reaches a crucial stage, eight lenders have met their targets ahead of the March 2026 deadline. This exercise has reinforced the stability of the banking sector, writes FELIX OLOYEDE When the Central of Nigeria on March 28, 2024, announced a two-year bank recapitalisation exercise which commenced on...
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Nigeria’s Banking Sector Booms with $3.1bn Capital Inflow

Capital importation into Nigeria’s banking sector surged to over $3.1bn in the first quarter of 2025, according to data released by the National Bureau of Statistics on Tuesday. NBS data also showed that the manufacturing sector lost $62m in capital importation in the first quarter. The bureau, however, stated that capital importation into Nigeria rose...
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G20 Sets Ambitious Labor Goals for Youth, Gender Equality

Labour ministers from the G20 countries have adopted new global targets aimed at reducing youth unemployment and narrowing the gender pay gap, signalling a renewed international commitment to addressing labour market inequalities. The agreement was reached at the G20 Labour and Employment Ministers’ Meeting, held in George, South Africa, under the theme Solidarity, Equality and...
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FG To Spend N3trn For Emergency, Palliative Roads

The Minister of Works, Senator Dave Umahi, on Wednesday, revealed that the roads declared as emergency/palliatives to be completed within a short period. The roads, according to the Minister, cut across all six geopolitical zones in the country, adding that the designated roads would cost N3 trillion. He said, “We need a total of 3 trillion...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...