Visa applicants from Nigeria, Brazil and over 70 other countries will face a temporary halt in processing at U.S. embassies and consulates. The suspension stems from new directives issued in Washington designed to tighten immigration controls over concerns about reliance on public welfare. The U.S. Department of State has …
Read More »Court freezes N7.15bn linked to Parallex Bank over alleged breach of trust
A Federal Capital Territory (FCT) high court has issued an order directing the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) to freeze N7.15 billion linked to Parallex Bank Limited. The interim order, handed down by Justice Hauwa Gummi of the high court in Asokoro, …
Read More »NGX Confirms Listing of 3.156 Billion UBA Shares, Deepening Liquidity, Market Capitalisation
The Nigerian Exchange Limited (NGX) has admitted an additional 3.16 billion ordinary shares of United Bank for Africa (UBA) Plc, to its Daily Official List, signalling a major enhancement of the bank’s market capitalisation whilst also deepening liquidity on the capital market. The NGX noted this in a …
Read More »Fidelity Bank Supports Quality Education Delivery in Makoko
Tier-one lender, Fidelity Bank Plc, has reaffirmed its commitment to community development and educational empowerment with the donation of essential learning materials to schoolchildren in Makoko Community, Yaba, Lagos under its Fidelity Helping Hands Program (FHHP). The outreach, which was facilitated by the bank’s Legal Services Division, saw …
Read More »Wema Bank Launches the Upgraded Version of ALAT Banking App
… Introduces Voice Banking, Tap and Pay and Uptime Prediction Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has launched the upgraded version of its flagship digital banking platform, ALAT by Wema. Designed as the next phase in digital banking, the upgraded …
Read More »NDIC declares N24.3bn second liquidation dividend for Heritage Bank depositors
The Nigeria Deposit Insurance Corporation (NDIC) has declared a second liquidation dividend of N24.3 billion for depositors of the defunct Heritage Bank Ltd., following continued recovery of the bank’s assets. The Central Bank of Nigeria (CBN) had revoked the banking licence of Heritage Bank on June 3, 2024, after which …
Read More »Ned Nwoko releases WhatsApp message, records, challenges Regina’s claims
Senator Ned Nwoko has released what his team described as a detailed account of events surrounding allegations recently made by his wife, Regina Daniels, including excerpts from a WhatsApp message dated October 17 and references to medical and therapy records. In a statement issued on Sunday by the Senator Ned …
Read More »FG, ASUU to sign agreement January 14 after weeks of negotiations
The federal government is expected to sign a formal agreement with the Academic Staff Union of Universities (ASUU) after weeks of negotiations. The development follows the government’s proposed 40 per cent salary increase for academic staff last month, which the union accepted. A circular from the Ministry of Education invited …
Read More »AFCON 2025: Ndidi walks pain-free as Eagles’ Nurse knocks concerns
The Super Eagles received a cautious fitness boost on Monday as captain Wilfred Ndidi was confirmed to be walking pain-free following the hamstring strain he sustained at the AFCON 2025 quarter-final. Promise Efoghe, the Super Eagles Media Officer said the early signs around Ndidi’s injury were encouraging, although further checks …
Read More »FG inaugurates N40bn CCTV centre on Third Mainland Bridge
The federal government says it has inaugurated a N40 billion closed-circuit television (CCTV) control centre for the Third Mainland Bridge in Lagos. In 2025, Minister of Works David Umahi announced the installation of surveillance cameras on the bridge, noting that the move was aimed at preventing suicide attempts. At the …
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