•CBN headquarters, Abuja Thirty-four banks have met the new minimum capital threshold eight days to the deadline for banking recapitalisation. A provisional list reviewed yesterday showed that all the major banks with international banking licences, which control more than 70 per cent of the industry and most national banks have scaled the rec...
The Labour Party (LP) has dismissed the possibility of merging with any political party or group, stating that such a move is not under consideration. National Publicity Secretary, Obiora Ifoh, made this clear in a statement yesterday in Abuja, following calls by the Nigeria Labour Congress (NLC) for rebranding efforts, including a possible me...
The Labour Party has declared its capability to win the 2027 presidential election without forming a coalition, emphasising its strong grassroots support and appeal to Nigerians. The party reiterated that its performance in the 2023 elections demonstrated its potential to independently challenge and unseat the ruling All Progressives Congress,...
•Senator Ned Nwoko Leaders of the Ukwani and Ndokwa Elders Forum (ULNEF), alongside other critical stakeholders, have strongly opposed any attempt to merge the Ndokwa/Ukwani Federal Constituency in Delta State with any state, including the proposed Anioma State in the South-East. The opposition comes in response to a bill sponsored by Senator ...
The Central Bank of Nigeria (CBN) has given a node for the merger arrangement between Unity Bank Bank and Providus Bank. The bank’s spokeswoman, Mr. Hakama Sidi Ali gave the indication in Abuja, last night. A statement by Mrs. Sidi Ali reads in full, “The Central Bank of Nigeria (CBN) has granted approval for a […]
•Zulum Governor Babagana Zulum of Borno has urged the federal government to reconsider its decision to merge Nigerian Army University Biu (NAUB) with the Nigerian Defense Academy (NDA) given the gap in Western education, which is worsened by the effect of the decade of Boko Haram devastation in Borno and other neighbouring states. It should [&...
The Labour Party (LP) has reiterated that it is not interested in joining any coalition or merger arrangements with other political parties. The party stated this in a statement issued by its Publicity Secretary, Obiora Ifoh, at the weekend. Ifoh stated that the attention of the leadership of the party has been drawn to a […]
The People’s Democratic Party (PDP), the New Nigeria People’s Party (NNPP) and five other political parties have formed a coalition. Involved in the coalition are the African Democratic Congress (ADC), the Allied Peoples Movement (APM), the Social Democratic Party (SDP), the Young Progressives Party (YPP) and the Zenith Labour Party (ZLP). The...

