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Jaiz Bank's regulatory penalties surge to N530.9 million in 2025

Nigeria, June 24 -- Jaiz Bank Plc paid N530.9 million in regulatory penalties in 2025, almost twelve times the N45 million it paid in 2024, according to its 2025 annual report, which detailed sanction... Read More


MILO Basketball Championship: Lagos, Ekiti schools secure national finals tickets

Nigeria, June 24 -- Davidhall International College of Lagos and Ado Grammar School, Ekiti State, have emerged champions of the Western Conference of the 26th MILO Basketball Championship, sealing the... Read More


US court jails Nigerian official over $3.3m romance scam

Nigeria, June 24 -- Franklin Nwadialo, the chairperson of the Ogbaru Local Government Area of Anambra State, has been sentenced to five years' imprisonment in the US over a $3.5 million romance scam. ... Read More


CAP Plc appoints executive director, company secretary

Nigeria, June 24 -- Chemical and Allied Products Plc (CAP Plc), a subsidiary of UAC of Nigeria Plc, has appointed Jethro Iruobe as Executive Director, effective 25 June. In his capacity as an executi... Read More


Elon Musk loses trillionaire status as net worth drops

Nigeria, June 24 -- SpaceX founder Elon Musk has lost his trillionaire status after a decline in his aerospace company's valuation, and new restrictions on his Tesla shares reduced his net worth. Mr ... Read More


JUST IN: Senate passes state police bill, empowers governors to appoint police commissioners, give directives

Nigeria, June 24 -- The Senate on Wednesday passed the bill seeking to establish state police in Nigeria. The upper chamber approved the bill after considering the report of its Committee on the Revi... Read More


Kwankwaso threatens N10bn lawsuit against Primate Ayodele

Nigeria, June 24 -- The vice-presidential candidate of the Nigeria Democratic Congress (NDC), Rabiu Kwankwaso, has threatened to file a N10 billion lawsuit against a cleric, Babatunde Ayodele, of the ... Read More


Jude Chukwuka unveils Arsenal-inspired album at 61

Nigeria, June 24 -- Veteran Nollywood actor Jude Chukwuka celebrated his 61st birthday by releasing his new album, 'Things I Love', inspired by Arsenal's 2025-26 Premier League title triumph after a 2... Read More


Nigeria names six persons, three entities sanctioned for terrorism financing

Nigeria, June 24 -- The Nigerian government has released a list of six persons and three entities sanctioned for terrorism financing. In a statement on Tuesday, Secretary of the Nigerian Sanctions Co... Read More


Witness testifies on bank account linked to Malami's N8.7 billion fraud case

Nigeria, June 24 -- A compliance officer with Jaiz Bank Plc on Tuesday appeared before the Federal High Court in Abuja testify on an account with transactions linked to former Attorney-General of the ... Read More