By Ayomide Otitoju Zenith Bank, one of Nigeria’s largest financial institutions, has elevated 4,165 employees in a sweeping restructuring exercise aimed at rewarding exceptional performance and optimizing its workforce, sources familiar with the development revealed on Thursday. The promotions, which took place between last Friday and Monday, are part of a broader strategy to align…
By Ayomide Otitoju Wema Bank has announced plans to raise N200 billion as part of its final tranche in an ongoing recapitalization exercise, ensuring compliance with the Central Bank of Nigeria’s (CBN) updated capital requirements for commercial banks. In a statement issued on Wednesday, the bank disclosed that the funds would be raised through a…
By Ayomide Otitoju Women have long played a pivotal role in Nigeria’s economy, yet they remain one of the most underutilized resources in the nation’s quest for economic growth. Recognizing this gap, FirstBank introduced FirstGem, a trailblazing initiative aimed at empowering Nigerian women through financial inclusion, business support, and economic advancement. Launched in October 2016,…
South Sudan has ordered internet providers to block social media platforms, including Facebook and TikTok, following violent protests triggered by reports of citizen deaths in neighboring Sudan. The demonstrations erupted last week in the capital, Juba, after reports emerged that 29 South Sudanese were killed in clashes in Sudan. The protests quickly turned violent, with…
Striking resident doctors in the Federal Capital Territory (FCT) have accused FCT Minister Nyesom Wike of prioritizing road projects over the welfare of healthcare workers and the deplorable state of government hospitals in Abuja. Speaking on Channels Television’s Politics Today on Wednesday, the President of the Association of Resident Doctors (ARD) FCTA, Dr. George Ebong,…
U.S. President Donald Trump intensified pressure on Russian President Vladimir Putin on Wednesday, threatening harsher economic measures if Moscow does not agree to end the ongoing war in Ukraine. In a statement posted on Truth Social, Trump urged a swift resolution to the conflict, reiterating his promise to bring the war to an end swiftly,…
The Association of Resident Doctors, Federal Capital Territory Administration (ARD FCTA), has embarked on a three-day warning strike over unpaid salaries, allowances, and other unmet demands, crippling operations in government hospitals across Abuja. The strike, which began Wednesday, follows a three-week ultimatum issued last year, according to ARD FCTA President Dr. George Ebong, who addressed…
A fast-moving wildfire broke out north of Los Angeles on Wednesday, rapidly consuming hillsides near Castaic Lake and prompting widespread evacuation orders in a region already reeling from the devastation of recent massive blazes. Within two hours, the fire spread across 3,400 acres (1,400 hectares), fueled by fierce, dry Santa Ana winds that propelled smoke…
Beatrice Ekweremadu, wife of former Deputy Senate President Senator Ike Ekweremadu, has been released from a United Kingdom prison and has returned to Nigeria. A source who spoke to Channels Television on condition of anonymity confirmed that Mrs. Ekweremadu, who had been sentenced to five years in prison by a UK court for her involvement…
