The Central Bank of Nigeria has reaffirmed that the ongoing recapitalisation of commercial banks is vital to achieving the Federal Government’s goal of building a $1 trillion economy by 2030. Speaking at the Association of Corporate Affairs Managers of Banks’ retreat in Abeokuta, the CBN Deputy Governor for Financial System Stability, Philip Ikeazor, emphasised…
Brazil’s Supreme Court has begun reviewing former president Jair Bolsonaro’s appeal against his 27-year prison sentence for plotting a coup to block Luiz Inácio Lula da Silva from taking office. Two judges have so far voted to uphold the conviction, including Alexandre de Moraes, who led the original trial. Moraes dismissed the defence’s claims of…
World Trade Organisation Director-General Dr. Ngozi Okonjo-Iweala has denied authoring a viral social media post that criticised President Bola Tinubu’s handling of insecurity in Nigeria. The post, falsely titled “Trump didn’t ‘hit’ us – our leaders did,” accused Nigerian leaders of prioritising rhetoric over action and urged Tinubu to “secure the people.” Okonjo-Iweala described the…
Nigeria’s Super Falcons goalkeeper Chiamaka Nnadozie has been shortlisted for the 2025 Best FIFA Women’s Goalkeeper Award. The 24-year-old, fresh from leading Nigeria to a 10th WAFCON title and Paris FC to their first Coupe de France in two decades, is among seven nominees that include Germany’s Ann-Katrin Berger, Spain’s Cata Coll and Chile’s Christiane…
Nigerian government, through the Bank of Agriculture, is inviting applications for the Renewed Hope National Agricultural Mechanisation Programme (RHAMP), launched in partnership with Heifer Nigeria. The program aims to improve food security by empowering women, youth, and mechanisation companies with access to affordable tractors, implements, and technical support, supported by a 3-year servicing plan. Applicants,…
U.S. Supreme Court has cleared Trump administration plan to list only biological gender “M” or “F” on all new passports, blocking lower-court orders to restore the “X” gender marker. In an unsigned ruling, the justices said recording biological sex is a neutral historical fact, not discrimination. It also noted that the policy will remain in…
Senate has directed National Agency for Food and Drug Administration and Control (NAFDAC) NAFDAC and other regulatory bodies to strictly enforce the ban on packaging high-strength alcoholic beverages in sachet formats starting December 2025, with no further extensions allowed. This decision follows a motion highlighting concerns over health and social issues, including youth addiction…
INEC has begun distributing Bimodal Voter Accreditation Systems BVAS and result sheets to Anambra’s 21 local government areas ahead of Saturday’s governorship election. Under tight security at CBN Awka, Resident Electoral Commissioner Queen Agwu urged voters to come out en masse and cast their votes as each vote counts. However, in a bid to guarantee…
Victor Osimhen made history on Wednesday night by becoming the second Nigerian ever to score a hat-trick in the UEFA Champions League, leading Galatasaray to a 3–0 win over Ajax in Amsterdam. The Super Eagles striker scored twice from penalties and once with a header, becoming the first Galatasaray player to net a Champions League…
Chairman of the OPEC Board of Governors for 2025, Adeyemi-Bero, has urged Nigerian oil producers to focus on domestic refining and value creation instead of exporting crude oil. Speaking at the Nigerian Association of Petroleum Explorationists Pre-Conference Workshop in Lagos, the First E&P CEO said Nigeria must stop relying on crude exports and use…