CBN Capital Rules Reshape Nigerian Banking Sector
Nigeria’s banking sector is undergoing one of its most significant reforms in decades following new capital requirements introduced by the Central Bank of Nigeria (CBN). In March 2024, the CBN announced revised minimum capital thresholds for banks, directing lenders to raise additional funds by March 31, 2026. The policy is aimed at creating stronger, better-capitalised […]
Aircraft Makes Emergency Landing In Lagos
An aircraft carrying 248 passengers and 12 crew members made an emergency landing at the Murtala Mohammed International Airport in Lagos on Friday following a technical malfunction. The Lagos State Emergency Management Agency (LASEMA) said the aircraft developed a fault while in flight within Nigerian airspace, prompting the crew to request an emergency landing. In […]
Lagos APC Hails EU’s Nigeria Delisting
The Lagos State chapter of the All Progressives Congress (APC) has welcomed the European Union’s decision to remove Nigeria from its list of high-risk countries for money laundering and terrorism financing. The party described the move as a strong endorsement of Nigeria’s ongoing reforms and evidence that the country is making steady progress in strengthening […]
80 Militants Surrender Arms In Cross River
No fewer than 80 militants operating in the Calabar creeks and parts of Akpabuyo Local Government Area of Cross River State have voluntarily surrendered their arms and ammunition to the Nigerian Army. The surrender took place on Friday at the Atimbo Rear Area of Operation OKWOK in Akpabuyo LGA and was supervised by the 13 […]
OGITECH Student Overcomes Vision Loss, Seeks Support
Adeosun Ayomide Oluwaseun, a 20-year-old ND2 Mass Communication student of the Ogun State Institute of Technology (OGITECH), Igbesa, is rebuilding his life after losing his right eye in a domestic accident that ended his childhood dream of becoming a soldier. Oluwaseun, who is also a talented talking-drum player, lost his sight at the age of […]
Peter Obi Criticizes $9 Million US Lobbying Contract
Former Labour Party presidential candidate Peter Obi has condemned the Federal Government’s approval of a $9 million contract for lobbying services in the United States, calling it a national disgrace. In a statement posted on his verified X handle on Friday, Obi said the expenditure reflects a pattern of waste and mismanagement by Nigerian leaders. […]
Nigeria’s Fuel Consumption Rises to 63.7 Million Liters Daily
Nigeria’s daily consumption of premium motor spirit (PMS) rose to 63.7 million liters in December 2025, up from 52.9 million liters in November, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The increase represents a sharp month-to-month rise of 10.8 million liters, or 20.4 percent. Total domestic supply of petrol also grew […]
Supreme Court Upholds Forfeiture Of Aminu Sule Lamido’s $40,000
The Supreme Court on Friday dismissed an appeal by Aminu Sule Lamido, son of former Jigawa State Governor Sule Lamido, seeking to overturn previous judgments ordering the forfeiture of $40,000 to the Federal Government. A five-member panel led by Justice John Inyang Okoro ruled that the appeal lacked merit and upheld the decisions of the […]
Harrysong Says Kcee Dispute Once Hindered His Creativity
Nigerian singer Harrison Okiri, professionally known as Harrysong, has opened up about how his long-standing dispute with former record label boss Kcee affected his music career. The Delta-born artist’s conflict with Kcee and 5ive Star Music began in 2017, when Harrysong accused the label of withholding royalties, imposing unfair treatment, and restricting his creative freedom. […]
PHOTO NEWS:Emirate Radio 98.5 FM Gets Kwara Deputy Gov’s Endorsement
