Four of the tier-1 banks in the country, FBN Holdings, Access Holdings, Guaranty Trust Holding Company Plc and United Bank for Africa Plc have indicated plans to raise about over $3.03bn (N3.46tn) in fresh capital. This came barely one month after the Central Bank of Nigeria directed Deposit Money Banks to recapitalize. According to The PUNCH findings […]
The Minister of Sports Development, John Enoh, has said that the ministry would ensure the timely release of funds to prepare Nigerian athletes for the Paris 2024 Olympics Games. The News Agency of Nigeria reports that the games will take place from July 26 to August 11 in Paris. The minister gave the assurance on […]
The Nigeria Football Federation (NFF) has revealed that the South Africa Football Association (SAFA) shirked their responsibility towards the Super Falcons after failing to pick the 2024 Paris Olympics ticket. It will be recalled that with a 1-0 win over the Banyana Banyana in Abuja on Friday last week, the Super Falcons dug their feet […]
Paris Saint-Germain (PSG) have reportedly agreed to sign Napoli striker Victor Osimhen during the forthcoming summer transfer window, according to Italian media. According to the 25-year-old, who signed a new contract with Napoli in December that included a €130 million release clause, is set to leave the Italian club at the end of this season […]
Hamas has said it does not have 40 captives who are still alive who meet the “humanitarian” criteria for a proposed hostages-for-prisoners ceasefire agreement with Israel. This claim made at the weekend was confirmed by a senior Israeli official during talks in Cairo. The militant group said it does not have 40 hostages in Gaza […]
President of the United States of America, Joe Biden, has pledged to defend the Philippines from any attack in the South China Sea. Biden hosted the first joint summit with Manila and Tokyo amid growing tensions with Beijing. “The United States’ defence commitments to Japan and to the Philippines are ironclad,” the US president said […]
Libya has emerged as the highest crude oil producer in Africa following the drop of Nigeria’s output by 6.8 per cent to 1.23 million barrels per day in March 2024, from 1.32 bpd in February 2024. On the other hand, Libya’s oil output rose by 5.4 per cent to 1.236 million bpd in March 2024, from […]
The Medical Tribunal Practitioners Service, MPTS, in Britain is to rule later this month if a UK-based cosmetic doctor of Nigerian descent, Oluwafemi ‘Tijion’ Esho should continue to practice in the country for allegedly exchanging free botox for sex with a patient. Botox injections are shots that use a toxin to prevent a muscle from […]
The Minister of Power, Adebayo Adelabu, has apologized to Nigerians for saying he never intended to insult their sensibilities regarding the statement that they keep freezers on for days due to the low electricity tariff. During an interview on Channels Television’s Politics Today, Adelabu expressed remorse, stating, “We regret any remarks that might have caused […]
The Senior Staff Association of Nigerian Universities and the Non-Academic Staff Union have said they no longer have confidence in the Federal Government. This was in reaction to the Minister of Education, Prof. Tahir Mamman’s interview on Channels Television’s Politics Today on Wednesday night, where he said that SSANU and NASU would only receive half […]
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