The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has advised customers and shareholders not to panic, assuring them of the association’s support for recapitalisation of the banking sector. In a statement signed by Rasheed Bolarinwa, president of ACAMB, the Association welcomes the release of the much-anticipated circular of the Central Bank of…
The Federal Government of Nigeria is set to begin the distribution of assorted grains to Nigerians. The free distribution of grains is expected to be flagged off on Friday, 8th March 2024, in Niger state. Abubakar Kyari, the Minister of Agriculture and Food Security at the maiden ministerial briefing, announced plans to distribute the grains…
The Nigerian Army has reacted to the explosion at the Ikeja Military Cantonment, Lagos, attributing it to a refuse burning from a farm.This came on Monday more than 22 years after a bomb explosion that emanated from the cantonment, killing several people in the state.Director of Public Relations, Nigerian Army, Maj-Gen. Onyema Nwachukwu, in a…
Nigeria’s top eight commercial lenders would be required to raise a combined total of N1.575 trillion to enable them to meet the new minimum capital requirement as stipulated by the Central Bank of Nigeria (CBN). The CBN released a new minimum capital requirement for banks on Thursday, among which the regulator stipulates N500 billion for…
Bishop Matthew Kukah has faulted the distribution of palliative to Nigerians in the wake of the biting hardship facing the country. The government’s floating of the naira and the removal of fuel subsidy have pushed inflation levels to a new high leading to a hike in the cost of living. Governments across levels have rolled…
President Bola Tinubu’s wife, Oluremi, has assured Nigerians that the hard times confronting them will soon come to an end with the right policies of the Federal Government. Mrs Tinubu spoke on Monday at the State House during a meeting with the governor’s wives. She assured that the year 2024 is loaded with “peace, progress,…
Ogun State police command, Omolola Odutola, in a statement in Abeokuta, yesterday, said one Otusanya Abayomi of Igbe Ilara reported at the community police station that about noon, he came into the community with his friend, saying his deceased friend left him and others to an unknown destination without notifying anyone. Abayomi said information later…
The Federal Government has moved to increase security at the soon-to-be re-opened Third Mainland Bridge in Lagos with the installation of closed-circuit television (CCTV) and solar lights as parts of the repair works.This was made known by the Minister for Works, David Umahi, while featuring on a Channels Television programme, Sunday Politics, on Sunday, March…
