CBN concludes recapitalisation, as 33 banks raise N4.65trn

•Says banks positioned to expand lending, support economic growth By Babajide Komolafe, Economy Editor The Central Bank of Nigeria, CBN, yesterday said it has concluded the banking sector recapitalisation programme, with 33 deposit money   banks raising a total of N4.65 trillion in fresh capital to strengthen balance sheets and bolster the resilience of the financial system. The […]
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Nigerians pocket over N2bn in Sterling Bank’s zero transfer fees policy

One year after making a decisive break from industry norms, Sterling Bank is marking the anniversary of its Zero Transfer Fees policy, an initiative that has returned over N2 billion directly to customers, fundamentally reshaping the cost of everyday banking in Nigeria. Launched on April 1, 2025, the policy eliminated transfer charges on Sterling’s digital platform, OneBank, […]

FoodCo rolls out Easter savings campaign across stores

Lagos— FoodCo, a retailer and operators of the largest supermarket chain brand in South-West Nigeria, has unveiled plans for its 2026 Easter Savings Campaign. The Easter Savings Campaign offers customers extensive discounts across a broad selection of groceries, household essentials, toiletries, and seasonal items. It will run from March 31 to April 6 across all […]

Renewal of pipeline surveillance agreement: It’ll secure oil infrastructure in N-Delta

By Dapo Akinrefon The Niger Delta Youth Congress (NDYC) has supported the Federal Government’s renewal of pipeline surveillance contract with Tantita Security, stating that the decision would sustain ongoing efforts to secure oil infrastructure in the Niger Delta. The group, in a statement by its National Coordinator, Mr Israel Uwejeyan, said its position followed an […]

Indiscipline won’t be tolerated under my watch – CP Okpoziakpo declares

Newly redeployed Commissioner of Police, Police Special Fraud Unit ,PSFU Lagos, Eloho Okpoziakpo, has charged officers and men of the unit to rededicate themselves to professionalism, diligence and strict adherence to the rule of law, warning that indiscipline would no longer be tolerated under his leadership.

Navy hands over 3 Ghanaian stowaways to Immigration in Lagos

The Nigerian Navy Ship (NNS) BEECROFT, on Wednesday, handed over three suspected stowaways rescued from a merchant vessel, MT ANATOLIA, to the Nigeria Immigration Service, NIS, in Lagos, as part of ongoing efforts to curb illegal migration and strengthen maritime security.

TheNewsGuru Editor, Oyibo set to unveil book on modern journalism

Editor of TheNewsGuru (TNG), Ediri Oyibo, is set to officially unveil a new book titled “Journalism NeXt: A Comprehensive Guide to Modern Journalism,” in a landmark event that promises to contribute significantly to the evolving media landscape in Nigeria and beyond. The book, which is the product of extensive research and practical experience, provides in-depth […]

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