Enugu State Governor, Dr. Peter Mbah, has reaffirmed his administration’s commitment to transforming the state into Nigeria’s “skills capital.” He made the declaration on Wednesday while opening the 2025 Agbaja Education Summit organised by the Agbaja Leaders of Thought (ALT) at the Amadeo Event Centre in Enugu. Highlighting the growing role of knowledge and innovation…
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has disclosed that 14 banks have fully met the new capital requirements under the apex bank’s ongoing recapitalisation exercise. Cardoso made this known on Tuesday in Abuja while presenting the communiqué of the 302nd meeting of the Monetary Policy Committee (MPC). The recapitalisation framework,…
Nigeria’s Federal Capital Territory (FCT) has seen the construction of at least 150 kilometres of roads in satellite towns over the past year, as President Bola Tinubu’s administration pushes to extend infrastructure development beyond urban centres. FCT Minister Nyesom Wike made the announcement during the launch of the newly constructed A2 Junction–Pai road in Kwali…
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…
Uganda military authorities said two people died before executing a suspected explosive attack near a Catholic shrine in the capital, Kampala. The military said in a statement on Tuesday they “intercepted and neutralised two armed terrorists” in Munyonyo, a Kampala suburb. The deceased were a man and a woman on a passenger motorcycle. The female…
United Capital Plc, a pan-African financial services group, has posted N5.89 billion as its Profit After Tax (PAT) for the first quarter ended March 31, 2025. This is against the N3.59 billion recorded within the same period in 2024. The group in a document posted on the Nigerian Exchange Group (NGX) platform on Tuesday, said…
Unknown armed assailants launched an attack on a General Security Directorate building in the Mazzeh district of Syria’s capital Damascus on Monday, a war monitor reported. The assailants, who arrived in a vehicle, threw grenades and fired automatic weapons at the facility, prompting an immediate response from on-duty security personnel, said the Syrian Observatory for…
