Zenith Bank Plc has announced it has met and exceeded the ₦500 billion capital requirement set by Nigeria’s apex bank, signalling a strong financial position and the imminent end of its regulatory forbearance status. In a statement submitted to the Nigerian Exchange Limited (NGX), the leading commercial bank responded to a recent directive from the…
A planned nationwide rollout of Premium Motor Spirit (PMS) distribution by Dangote Petroleum Refinery has been met with praise from fuel marketers and citizens alike, as anticipation grows over the potential to address Nigeria’s long-standing fuel distribution crisis. The Independent Petroleum Marketers Association of Nigeria (IPMAN) in Rivers State commended the initiative, describing it as…
Armed assailants launched an attack on the residence of Nigerian Senator Natasha Akpoti-Uduaghan on Tuesday night, escalating the already tense political atmosphere surrounding the embattled lawmaker. The incident occurred in Ihima, located in Okehi Local Government Area of Kogi State. The gunmen reportedly damaged parts of the property, including windows, before their actions were disrupted…
Oyo State has been struck by two devastating accidents within hours of each other, resulting in the deaths of a two-year-old girl and two adult men. On Tuesday afternoon, emergency services in Saki received a distress call regarding a child who had fallen into a well in the Sango area of the town. The well,…
Nigerian President Bola Tinubu has condemned the continuing violence in Benue State and criticised the failure to arrest those responsible for recent deadly attacks on farming communities. He has instructed security agencies to intensify efforts to apprehend the culprits, describing the killings as acts of terrorism. “No life should be lost over cattle,” Tinubu stated…
Air Peace, Nigeria’s largest private airline, is set to launch direct flights from Abuja to London Heathrow beginning 26 October, following clearance from UK authorities. The move marks a major boost for Nigeria’s aviation industry and is part of the airline’s growing international expansion. Speaking at a media briefing in Lagos, the airline’s chairman, Dr…
Nigerian leaders, intellectuals, and alumni of Government College Ibadan gathered on Wednesday to honour the late Dr Omololu Olunloyo, a former governor of Oyo State, at a symposium that celebrated his intellect, political foresight and lasting impact on national unity. Former President Olusegun Obasanjo, who chaired the event, described Olunloyo as a “rare genius” whose…
A witness from Nigeria’s Department of State Services (DSS) has told the Federal High Court in Abuja that the activities of the proscribed Indigenous People of Biafra (IPOB) and its armed wing, the Eastern Security Network (ESN), have resulted in the deaths of between 170 and 200 security personnel in the country’s South East. The…
The Tor Tiv, Professor James Ayatse, has urged Nigerian President Bola Tinubu to use his leadership to end the persistent violence in Benue State, particularly following a deadly assault on the Yelwata community that claimed over 200 lives. Speaking at a town hall meeting in Makurdi on Wednesday, the traditional ruler, who also heads the…
The University of Port Harcourt (UNIPORT) has announced plans to confer an honorary Doctor of Science (DSc Honoris Causa) degree on the Minister of the Federal Capital Territory (FCT), Nyesom Wike, in recognition of his exceptional leadership and contributions to governance in Rivers State and Nigeria. The Vice-Chancellor of UNIPORT, Prof. Owunari Abraham Georgewill, disclosed…
