Fidelity Bank Plc said it has met the ₦500 billion capital requirement for an internationally licensed bank and is now awaiting approval from the Central Bank of Nigeria (CBN). The bank made this known in a statement on Tuesday, January 6, signed by its Company Secretary, Ezinwa Unuigboje. It hinted that following approvals from the …
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 …
Amnesty International has accused Ugandan security forces of torture and arbitrary arrests as the country prepares for elections on January 15. President Yoweri Museveni, 81, is seeking to extend his four-decade rule amid rising claims that opposition voices are being suppressed. The rights group says it has documented incidents of security officers beating protesters and …
