ONLY TWO BANKS MEET CBN N500BN CAPITALLISATION THRESHOLD Only two Tier 1 banks, Zenith Bank and Access Holdings Plc, have surpassed the N500 billion share capital and share premium threshold set by the Central Bank of Nigeria for banks with international licences, Proshare report has revealed. The report, titled ‘Tier 1 Banks Report: Getting Bigger, Braver, and Dominant – The …

HELP ME APOLOGIZE TO JONATHAN, I WAS NAIVE IN MY CRITICISM, EL-RUFAI’S SON BEGS FATHER, SAYS HE’S NOW WISER The lawmaker representing Kaduna North Federal Constituency at the House of Representatives, Bello El-Ruafi, has expressed regret for criticising the administration of former President, Goodluck Jonathan. Bello, son of former Governor of Kaduna State, Nasir El-Rufai, in an interview on Channels …

WE WILL BUILD BAMBOO HOUSES FOR LOW-INCOME NIGERIANS — FG As part of its effort to address diverse needs within Nigeria’s housing sector, the Federal Government has announced plans to build bamboo houses for low and medium income earners nationwide. Esuabana Asanye, the Permanent Secretary of the Federal Ministry of Innovation, Science and Technology, disclosed the plan this in Abuja …

I PUSHED BARROW IN LONDON TO SURVIVE – EX-UNTH MEDICAL DOCTOR In September 2019, I arrived the UK 🇬🇧 and had to ‘push barrow’ to survive. I wasn’t just a graduate, I was a medical doctor – a Senior Registrar in UNTH – when I left to pursue a full-tuition Masters scholarship in London. Because my scholarship did not cover …

ABDULSALAMI ABUBSKAR IS 83:YEARS TODAY,, NGOZI OKONJO-IWEALA, 71 YEARS Abdulsalami Abubakar (born June 13, 1942) is a Nigerian statesman and retired Nigerian Army general who served as the de facto President of Nigeria from 1998 to 1999. He was also Chief of Defence Staff between 1993 and 1998. He succeeded General Sani Abacha upon his death. During his leadership, Nigeria …

NNPCL DECLARES ₦‎5.89TRN REVENUE, ₦‎748BN PROFIT FOR APRIL 2025 Nigerian national oil company, NNPC Limited on Thursday reported that it raked in N5.89 trillion in revenues in the month of April, 2025 The company in a document titled: ‘NNPC Limited Monthly Report Summary — April 2025,’ posted on its website also declared a profit after tax (PAT) of N748 billion …

FG LAUNCHES TECHNICAL EDUCATION PROGRAMME WITH N22,500 MONTHLY STIPEND The Federal Government has launched a free Technical and Vocational Education and Training (TVET) programme, offering participants a monthly stipend of N22,500 to support their transportation and training needs. The initiative aims to equip Nigerians, particularly youths, with practical skills to boost employability, encourage self-reliance, and foster economic growth. It is …

POLITICAL TRANSGENDER: AKWA IBOM GOVERNOR REPLIES KENNETH OKONKWO Governor Umo Eno of Akwa Ibom State has responded to actor and politician Kenneth Okonkwo, who recently referred to him in an Arise TV interview as a “political transgender” — someone who acts like a man but has the genitals of a woman. Okonkwo stated this while expressing his disappointment at the …

TWB KEY FACTS ABOUT THE OGONI NINE Who Were They? The Ogoni Nine—Ken Saro-Wiwa, Saturday Dobee, Nordu Eawo, Daniel Gbooko, Paul Levera, Felix Nuate, Baribor Bera, Barinem Kiobel, and John Kpuine—were activists from Ogoniland, Nigeria, fighting for environmental and social justice. 📷Their Cause: They led the Movement for the Survival of the Ogoni People (MOSOP), demanding accountability from oil companies …

ALIKO DANGOTE RETIRES AS DANGOTE SUGAR REFINERY CHAIRMAN Dangote Sugar Refinery Plc has announced the retirement of Aliko Dangote as chairman of its board of directors, effective June 16. In a statement on Wednesday, Temitope Hassan, the company secretary, said Dangote, one of the founding directors, had served with “exceptional leadership, integrity, and vision” since 2005. “Under his leadership, Dangote …

MAKE ELECTRONIC TRANSMISSION OF RESULTS COMPULSORY – FORMER INEC CHAIRMAN, JEGA Former Chairman of the Independent National Electoral Commission (INEC), Prof. Attahiru Jega has demanded that mandatory electronic transmission of results be added to the electoral law. According to him, that would help improve transparency and accountability in the country’s electoral process. Jega made the call on Thursday, June 12, …

NO IDEA HOW I SURVIVED AIR INDIA CRASH – SOLE SURVIVOR OF AIRCRAFT CARRYING 242 PASSENGERS Vishwash Kumar Ramesh, the only survivor of the London-bound Air India flight that crashed shortly after takeoff, says he “has no idea how he survived”. The Boeing 787-8 flight crashed upon departure from Ahmedabad Airport en route to London’s Gatwick airport on Wednesday evening. …

IT’S A PLEASURE TO SEE YOU IN DISARRAY – PRESIDENT TINUBU MOCKS PDP, LP President Bola Ahmed Tinubu says it is a pleasure to see members of the opposition parties, the Peoples Democratic Party (PDP) and Labour Party (LP) in disarray. The president made the remarks on Thursday, June 12, during a joint sitting of the National Assembly to mark …

IN TWO YEARS, TINUBU BORROWED MORE MONEY THAN THREE PRESIDENTS COMBINED – PETER OBI Presidential Candidate of the Labour Party (LP) in the 2023 election, Peter Obi, says President Bola Ahmed Tinubu has been driving democracy backward as the system has been in recession since he took over two years ago. He said this on Thursday in a statement titled …

NIGERIAN GOVT RESPONDS TOPETITION OVER TWO BOOKS WHICH CLAIM THE IGBO FOUNDED ILE IFE. The Nigerian Government has responded to a petition over two books which claim that Ile-Ife was founded or was first occupied by the Igbo. The petition, titled Petition to Defend Yoruba History from Ethnic Distortion in Nigerian Textbooks, was submitted by the Concerned Citizens of Yoruba …