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Bank mergers likely as CBN directs N500b capital base

Central Bank of Nigeria Nduka Chiejina, Abuja March 29, 2024 •Apex bank expects roadmap by April 30 •Financial institutions get March 31, 2026 deadline A Significant increase in the minimum capital requirements for all banks operating in the country was yesterday announced by the Central Bank of Nigeria (CBN). Acting Director, Corporate Communications, Mrs. Hakama

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Julius Abure 1

LP disowns ‘NLC-energised’ Board of Trustees

Frank Ikpefan, Abuja and Damian Duruiheoma, Enugu March 29, 2024 We didn’t monitor   programme, says INEC Lawmakers defect to PDP The Labour Party (LP) sank deeper into crisis yesterday as the Independent National Electoral Commission (INEC) disowned Wednesday’s convention held in Nnewi, Anambra. It comes a day after the party’s ‘Board of Trustees’ (BoT) announced

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President Bola Tinubu 1

Tinubu lifting Nigeria to enviable heights, say Buhari, governors, others

Emmanuel Oladesu, Deputy Editor, Bolaji Ogundele, Abuja, Tony Akowe, Abuja, Sanni Onogu, Abuja, Sam Anokam and Mike Odiegwu, Port Harcourt March 29, 2024 Eminent Nigerians celebrate President at 72   It’s low-key celebration Former President Muhammadu Buhari yesterday led other leaders in extolling the virtues of President Bola Ahmed Tinubu, who clocks 72 today. Buhari, Senate

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Wanted Persons

Monarch surrenders, Prof., six others wanted over soldiers killing

Okungbowa Aiwerie, Asaba, Musa Umar Bologi, Abuja, Sanni Onogu, Abuja and Simon Utebor March 29, 2024 A traditional ruler, Clement Ikolo Ogenerukeywe, has been detained by the Delta State Police command in connection with the killing of 17 officers and soldiers of the Nigeria Army 15 days ago. The state Police Commissioner Abaniwonda Olufemi said Oghenerukevwe,

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David Umahi 1

Quality, pace of work on Lagos-Calabar Coaster Highway excites Umahi

Dele Anofi March 29, 2024 Works Minister David Umahi has expressed satisfaction with the quality and progress of work on the Lagos-Calabar coastal highway. The minister described the project as one of the most critical in the works sector. He promised that since the project is a critical national economic pillar, the government would prioritise

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