News

CBN Raises Nigerian Banks’ Capital Base To N500bn

– CBN governor,  Yemi Cardoso  By Adeola Idris  The Central Bank of Nigeria (CBN) has announced new minimum capital requirements for all banks operating in the country, the spokesperson for the apex bank, Hakama Sidi-Ali said in a statement in Abuja on Thursday evening. Sidi-Ali, in the statement said the new minimum capital requirements apply not only to existing banks, but also to all new… []

AMDF Demands Release Of Abducted Journalist, Segun Olatunji

– Abducted journalist,  Segun Olatunji  By St. Johnson Adegboyega  Africa Media Development Foundation (AMDF) has called for immediate release of the General Editor, FirstNews, Mr. Segun Olatunj, reported to have been picked by yet-to-be-identified security agents on Friday March 15, 2024. AMDF, a media rights group in a statement by its Manager, Press Freedom, Zhiroh Samuel Jatau, called on all security agencies to look into the matter and take all necessary… []

Sad! 34-year-old Nigerian US Naval Officer, Aregbesola Dies In Red Sea

– Michael Aregbesola  By Adeola Idris  A Nigerian-born United States Naval Officer, Michael Aregbesola, has died in the Red Sea after falling overboard while in operation. In the statement provided on the Naval website, the Pentagon wrote, “The U.S. Navy on Saturday identified the Sailor lost overboard from USS Mason (DDG 87) while operating in the Red Sea, March 20. “Aviation Machinist’s Mate 2nd Class… []

Osun Inaugurates Committee To Curb Fake News, Cyberbullying

– Osun State governor,  Ademola Adeleke  By Bunmi Onakan Osun State Government has set up a committee to tackle cyber crimes, cyberbullying and online fake news, in accordance with relevant provisions of the law. This is contained in a statement by the Commissioner for Information, Kolapo Alimi, on Sunday in Osogbo. Mr Alimi said that the inauguration of the committee became necessary to sanitise the… []

How Suspected Smugglers Assaulted Adamawa Customs Agents

– The assaulted officers and their damaged car By Adeola Idris  Suspected smugglers carried out a violent assault on officers serving in the Adamawa/Taraba Command of the Nigeria Customs Service (NCS). Naomi Titus, the command’s public relations officer, confirmed the incident through a statement released on Saturday, March 23, 2024, disclosing that one officer sustained severe injuries during the attack. Titus elaborated that the confrontation… []

NDIC Asks EFCC To Return Funds Recovered from Banks’ Fraudsters

– NDIC MD/CEO,  Bello Hassan,  EFCC Chairman, Ola Olukayode By Bunmi Onakan  During his recent visit to the office of the Economic and Financial Crimes Commission (EFCC), headquarters in Abuja, the Managing Director of The Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan has requested to return funds recovered from banks’ fraudsters to the corporation by the anti-graft agency. In a statement by NDIC’s Director… []

One Student Dead As Fire Guts Female Hostel In Yobe Varsity

– The fire scene  By Adeola Idris  A  300-level student of the Department of Geography, Federal University, Gashua in Yobe State, has been reported dead in a fire incident. Metropolix Online learned that the Executive Secretary of the Yobe State Emergency Management Agency, Mohammed Goje, confirmed the fire accident that occurred at the female hostel of the University in Bade Local Government Area of the state…. []

Apostle Johnson Suleman Finally Reveals The Cause Of Mr Ibu and Herbert Wigwe’s Death

  – Late Herbert Wigwe, Apostle Suleman and Mr. Ibu  By Bunmi Onakan Apostle Johnson Suleman, a well-known cleric, explains the strange familial pattern that led to Mr Ibu and Herbert Wigwe’s deaths. The senior pastor and general overseer of Omega Fire Ministries International stated that the deaths of the two prominent Nigerian figures were not typical. He noticed some unusual tendencies in the aftermath of… []

“Baba May Be Suffering From Narcissistic Personality Disorder” – Fayemi Reacts To Afe Babalola’s Statement On Ekiti Blueprint

– Former Governor of Ekiti State,  Kayode Fayemi By Adeola Idris  Immediate past Governor of Ekiti State, Dr. Kayode Fayemi, on Tuesday, said he would no longer allow elder statesman and fellow Ekiti man, Chief Afe Babalola, control the narrative regarding his time in office, because it was obvious his constant attacks were intentional. Fayemi, in an exclusive chat with THISDAY, said while he might… []

Glo Shades MTN In A Billboard Ad Amidst Fluctuating Network Coverage

– The Glo billboard ad By St. Johnson Adegboyega Though the exact location of the controversial billboard advert is still under investigation but it has gone viral on social media how a billboard sponsored by one of the leading mobile network service providers in Nigeria, GloMobile attacked its major competitor, MTN. The message displayed on the Glo-sponsored billboard hinted at the recently intermittent network Coverage… []

“Release My Father Or You See The Beast In Me.”- Ekpa Reacts As Court Denies Kanu Bail Again

– Nnamdi Kanu, Simon Ekpa  By Adeola Idris  Finland-based Biafra agitator, Simon Ekpa has reacted a statement by this principal, Nnamdi Kanu, who on Tuesday vowed to put an end to the insecurity situation in the South-East after his release from the custody of the Department of State Services. Kanu, who spoke on Tuesday after he was denied bail by Justice Binta Nyako of the… []

How Banks, Telcos Across Africa Suffered Outage As Undersea Cable Gets Damaged

– Undersea Cables  By St. Johnson Adegboyega  African countries Thursday suffered outages as major internet access got struck because of damage to submarine communications cables, telecom operators said. “Breaks in multiple major undersea cables have affected connectivity services in several West African countries,” the South African operator MTN Group said in a post on X. It said it was trying to reroute internet traffic through… []

SHOCKING REVEAL: Bishop Oyedepo’s Son, Issac Suffered Diabetes, High BP, Heart Attack 

– Bishop Oyedepo, son Isaac Oyedepo By Adeola Idris  Isaac Oyedepo, son of the founder of Living Faith Church, also known as Winners Chapel Worldwide, Bishop David Oyedepo has revealed how he survived some life-threatening health challenges while in the United States of America. The clergy man, who was preaching in Ghana during a recent crusade, revealed that at some point in his pastoral journey,… []

At 60, I’m Too Old To Be Afraid Of Death- Remi Tinubu

– Nigerian First Lady, Oluremi Tinubu  By Adeola Idris  Speaking at the palace of Emir of Bauchi, Dr Rilwanu Suleiman Adamu, on Tuesday, wife of Nigerian President, Oluremi Tinubu says at the age of 60 years, she is too old to be afraid of death. The First Lady visited Bauchi to commission an Alternative High School and ICT centre. But during the visit, the issue… []

BEWARE! Online Flyer Showing Julius Berger Is Recruiting Not Authentic 

  – Julius Berger logo By St. Johnson Adegboyega  CareerNG on Facebook claims Julius Berger is recruiting and details on the flyer show it is a call for applications from BUA Group. The link attached to the post redirected visitors to a visa application site unrelated to Julius Berger or BUA. Online recruitment advertising has become one of the most popular employment methods. However, like… []

Court Fixes May 23 For Judgment In Suit Against Oyo Govt

– File photo of a gavel and lawbook  By Adeola Idris  The National Industrial Court, Ibadan Division, on Monday fixed May 23 to decide the suit of alleged wrongful termination of appointment of two officers of the Oyo State Local Government Service Commission The News Agency of Nigeria (NAN) reports that the claimants, Dauda Dimeji and Ajisebutu Oseni, had their appointments terminated by the commission… []

Traditional Chiefs Boycott Rites As Gov. Adeleke’s Appointed Monarch Causes Commotion In Iree

– Gov. Ademola Adeleke By Bunmi Onakan The decision and intervention of Governor Ademola of Osun State towards the selection of a monarch for Iree community may eventually lead to Commotion. Adeleke’s appointed monarch, Muritala Oyelakin, on Friday, invaded the Odofin’s compound in Iree and broke the door leading to king’s seclusion shrine to forcefully gain entrance for the traditional rites. He invaded the shrine… []

CBN To Remove N5trn From Access, UBA, GTB, Zenith, Others’ Account, Gives Reason

– CBN Governor,  Yemi Cardoso By Bunmi Onakan The CBN has once again announced its intention to mop up excess liquidity in the banking sector The apex bank plans to reduce money supply in the economy to tackle inflationary pressures The CBN occasionally mops up or injects cash into the banking system through Treasury Bills and CR debits. The Central Bank of Nigeria is determined… []

13 Suspects Arrested As Abducted Wife Of Kwara Slain Monarch Regains Freedom

– Olori Iyabo Aremu By Adeola Idris  The abducted wife of the slain Olukoro of Koro in Ekiti local government area of Kwara State, Olori Iyabo Aremu, and one other person have been rescued. It was gathered that the victims were released on Monday night and arrived in Koro town around 10:45 pm. The Police Public Relations Officer in Kwara, Ejire-Adeyemi Toun, disclosed this in… []

Randle Becomes New President of The Secretariat Membership Club

Otunba Ayodeji Idowu Randle By Adeola Idris  Otunba Ayodeji Idowu Randle has taken over the mantle of leadership of The Secretariat Membership Club. Otunba Randle was elected as the new president alongside other executive members who would paddle the affair of the club during its 33 Annual General Meeting (AGM). The Club founded in 1991 was an offshoot of the Airline Pilots and Flight Engineers… []