Fresh Hurdles For Banks As CBN Raises Capital Requirement To N500bn, N200bn
Banks in the country face the fresh hurdle to raise their minimum capital requirements to N500 billion and N200 billion for their International and national operations, the Central Bank of Nigeria (CBN) has announced. Days after urging Nigerian banks to…
Ibadan Legendary Crocodile Dies at 84
Over the years, many Tourists have ticked the ancient city of Ibadan as their choice and the popular Delesolu’s Palace always stand out as one of the preferred destinations due to the availability of many historical sites in the palace…
Court Frees Ex-Minister Adoke Of Corruption Charges
Justice Abubakar Kutigi of the Federal Capital Territory high Court sitting in Jabi, on Thursday dismissed charges of fraud, bribery and conspiracy filed against the former Attorney-General of the Federation and Minister of Justice, Mohammed Bello Adoke by the Economic…
BREAKING: FG Declares Friday and Monday as Public Holiday, Gives Details
The federal government has declared Friday, March 29 and Monday, 1st April, as public holidays to mark the celebrations of 2024 Good Friday and Easter Monday, respectively. The minister of interior, Olubunmi Tunji-Ojo, made the declaration on behalf of the…
Osun Government to Reintroduce Monthly Sanitation Exercise, Marshals
Osun State Government has reintroduced monthly environmental sanitation in the state as part of efforts to rid the state of dirty environment and indiscriminate dumping of refuse. The government also introduced environmental Marshals that will be in charge of the…
Chinese to die by hanging for killing Nigerian girlfriend
A Chinese national, Frank Geng-Quangrong has been sentenced to death by a Kano State High Court for murdering his girlfriend, Ummulkhulsum Buhari. Quangrong was accused of killing Buhari because they had a disagreement. The Chinese charged with culpable homicide told…
CBN sells dollars to BDCs at N1,251/$1
The Central Bank of Nigeria on Monday disclosed that it sold $10,000 to each Bureau De Change operators at a rate of N1,251 per U.S. dollar. The bank disclosed this in a circular addressed to the President of the Association…
Osimhen ranked 16th highest-paid player in Europe
Super Eagles striker, Victor Osimhen, has been ranked as the 16th highest-paid footballer in Europe. This was revealed in a list published by L’Equipe on Monday. Osimhen, who joined Napoli from Lille in 2020, earns a monthly salary of €1.50m…
FG arraigns man who accused Fashola of writing presidential tribunal judgment
A man, Chike Ibezim, has been arraigned by the Federal Government for allegedly defaming a former Minister of Works and Housing, Babatunde Fashola. Ibezim was arraigned on Monday before a Federal High Court in Abuja on a six-count charge. Ibezim,…
Gumi Has Been Invited For Questioning Over Comments On Bandits — FG
The Federal Government says Kaduna-based Islamic cleric Ahmad Gumi has been invited by security agencies for questioning over some comments he made on the activities of bandits. The Minister of Information, Mohammed Idris, who briefed State House correspondents after the…