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CBN introduces N500bn, N200bn minimum capital base for banks

Posted on March 30, 2024March 31, 2024 by Sonia Onoja

ABUJA – Days after urging Nigerian banks to expedite action on the recapitalisation of their capital base in order to strengthen the financial system, the Central Bank of Nigeria (CBN) on Thursday,…

Restructuring: AfDB boss, Adesina proposes ‘United States of Nigeria’

Posted on March 30, 2024March 31, 2024 by Sonia Onoja

The President, African Development Bank Group, Dr Akinwumi Adesina, has called for a change of name from the Federal Republic of Nigeria to ‘The United States of Nigeria.’ Adesina said this in…

Murder of 17 Soldiers: Nigerian army whisks away monarch who surrendered self to police

Posted on March 30, 2024March 31, 2024 by Sonia Onoja

The Nigerian army has whisked away the traditional ruler of Ewu Kingdom in Ughelli South Local Government Area of Delta State, Clement Ikolo. Mr Ikolo was declared wanted alongside seven others over…

Army to release over 300 suspects cleared of being members of Boko Haram

Posted on March 29, 2024March 31, 2024 by Sonia Onoja

The Nigerian army has said it will free more than 300 people suspected of being part of the Boko Haram Islamist insurgency. It comes after a court in the northeastern Borno state,…

KFC Nigeria sorry after wheelchair user Adebola Daniel refused service at Lagos airport

Posted on March 29, 2024March 31, 2024 by Sonia Onoja

KFC Nigeria has issued an apology after the airport authority shut one of its outlets over alleged discrimination against a disabled client. Adebola Daniel, son of a former Nigerian state governor Gbenga…

Nigerian journalist, Segun Olatunji, narrates ordeal in military detention

Posted on March 29, 2024March 31, 2024 by Sonia Onoja

FirstNews editor Segun Olatunji, who regained his freedom on Thursday after 14 days in military detention, has recounted his ordeal in the hands of his abductors. Mr Olatunji was abducted from his…

Food outlet shut as physically challenged son of former Nigerian governor fights discrimination

Posted on March 28, 2024March 29, 2024 by Sonia Onoja

A prominent disability rights advocate in Nigeria, Debola Daniel, has narrated how he endured humiliation at a KFC outlet, a fast-food joint, at the Murtala Muhammed Airport, Lagos due to his disability….

Binance executive detained in Nigeria in crypto case escapes custody

Posted on March 28, 2024March 29, 2024 by Sonia Onoja

An executive of cryptocurrency exchange Binance has escaped custody in Nigeria, where a criminal investigation has been launched against the platform accused of being used for money laundering, according to authorities. Nadeem…

NSA, EFCC must apologize for detaining me, Binance Executive tells Nigerian court

Posted on March 28, 2024March 29, 2024 by Sonia Onoja

A Binance Executive, Tigran Gambaryan has asked the Federal High Court Abuja to compel the Office of the National Security Adviser(NSA) and the Economic and Financial Crimes Commission(EFCC) to apologize to him…

Nigerian court has sentenced a Chinese man to death for killing his girlfriend

Posted on March 27, 2024 by Sonia Onoja

A Nigerian court on Tuesday sentenced a Chinese national to death after finding him guilty of killing his girlfriend, a government official told The Associated Press, vowing to recommend execution if he…

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