JUST IN: CBN raises commercial banks minimum capital base to N500bn
The Central Bank of Nigeria has announced the increment of the capital base for commercial banks with international authorisation to N500bn and national banks to N200bn. The apex bank…
FAAN shuts KFC for discriminating against Gbenga Daniel’s son
The Federal Airports Authority of Nigeria (FAAN) says it has shut down Kentucky Fried Chicken (KFC), an international fast food restaurant chain, at the Murtala Muhammed International Airport, Lagos,…
JUST IN: First News editor Olatunji released from DIA detention
After about two weeks in custody, the Editor of First News Online Newspaper, Mr. Segun Olatunji has been released by the Defence Intelligence Agency (DIA). He was released to…
DHQ declares prof, 7 others wanted over killing of 17 soldiers
The Defence Headquarters has declared eight persons wanted in connection to the killing of army personnel in Okuama community, Delta state. The 17 army personnel were killed on March…
Tinubu appoints Edun, Elumelu, Agbaje, ministers to Economic Council, Emergency Task Force
President Bola Tinubu has approved the establishment of the Presidential Economic Coordination Council and the creation of the Economic Management Team Emergency Taskforce in a strategic move to bolster…
LP re-elects Abure as national chairman despite NLC opposition
Julius Abure has been re-elected as the national chairman of the Labour Party (LP). Abure was re-elected on Wednesday at the party’s national convention held in Nnewi, Anambra state.…
Tinubu confers posthumous national honours on slain soldiers
President Bola Tinubu has conferred posthumous national honours on the seventeen soldiers who were killed in the Okuama community of Delta state. The award was conferred at the burial…
Crisis rocks Eko DisCo as board insists Sanda remains CEO
Confusion has dogged an earlier announcement by Eko Electricity Distribution Company that it has replaced its Managing Director/Chief Executive Officer, Dr. Tinade Sanda, with the Chief Commercial Officer,…
Hospital shuns Sanwo-Olu’s directive, detains mother over delivery bill
A woman identified as Elizabeth Davis, who lost her baby just after delivering prematurely at the Ajeromi General Hospital in the Ajegunle Area of Lagos State, has been detained…
There’s not enough crude for P/Harcourt refinery, others – Minister
The Minister of State Petroleum Resources (Oil), Heineken Lokpobiri, has once again expressed fear that the newly inaugurated Dangote Petrochemical Refinery, Port Harcourt Refinery, Warri Refinery, Kaduna refinery…
