The National Secretary of the All Progressives Congress (APC), Senator Ajibola Basiru, has asked the Minister of the Federal Capital Territory (FCT), Nyesom Wike, to resign his appointment and focus on what he described as his “obsession with Rivers State politics.” Basiru made the call in a statement issued on Monday, insisting that Wike has …
First Bank of Nigeria (FirstBank) has successfully met the ₦500 billion minimum capital requirement following the completion of a series of strategic capital-raising initiatives. The First HoldCo Plc, the parent company, disclosed this in a statement issued on Monday and signed by its Group Company Secretary, Abiola Baruwa. It stated that meeting the Central Bank …
Dangote Petroleum Refinery has debunked a report circulating in sections of the media claiming that the refinery is shutting down due to maintenance issues. In a statement released on Monday, the refinery management described the reports as “false and misleading” and accused fuel importers of deliberately sponsoring such fabrication because they felt their commercial interests …
The Federal Government has unveiled new measures to curb malpractices during the West African Examinations Council (WAEC) and National Examinations Council (NECO) exams. Education Minister Tunji Alausa and Minister of State for Education Suwaiba Ahmed said the reforms include enhanced question randomisation and serialisation, ensuring each candidate receives a unique version of the examination to …
Rep. Riley M. Moore, a U.S. lawmaker representing Virginia’s Second District, has vowed that the United States will continue to protect Nigerian Christians in the face of recent ISIS threats. In an interview with Newsmen, Moore reacted to a statement from ISIS demanding that Nigerian Christians either convert to Islam or face death. He emphasised …
Masazumi Wakatabe, former deputy governor of the Bank of Japan (BOJ) and a current member of a key government economic panel, has urged the central bank to anchor medium- and long-term inflation expectations around 2%. His remarks came during a panel meeting on December 25, the minutes of which were released on Tuesday. Wakatabe said …
A strong 6.2-magnitude earthquake struck Japan’s Shimane Prefecture on Tuesday morning, sending tremors across parts of the country’s western region but causing no immediate reports of casualties or major damage. According to the Japan Meteorological Agency (JMA), the quake occurred in eastern Shimane Prefecture on the western side of Honshu Island. The tremor registered an …
The United States has expanded its controversial visa bond policy, adding seven more countries, five of them in Africa, to the list of nations whose citizens may be required to post bonds of up to $15,000 before entering the country. Under the latest update by the Trump administration, passport holders from Bhutan, Botswana, the Central …
Sales of new vehicles in the United States rose about 2% in 2025, defying a year marked by regulatory uncertainty, supply-chain disruptions, and shifting electric-vehicle incentives. Automakers sold 16.2 million cars and trucks last year, a 2.4% increase from 2024, according to research firm Omdia. Several companies reported strong December results. Toyota Motor posted an …
Equatorial Guinea has officially changed its capital from Malabo to Ciudad de La Paz, according to a presidential decree. The country’s president, Teodoro Obiang Nguema Mbasogo, cited strategic reasons for the move, which has been under consideration for nearly two decades. Malabo, located on Bioko Island, has experienced significant urban growth, prompting the shift to …
