PremiumTrust Bank Opens Osogbo Branch, Totals 23 Nationwide

By Ayomide Otitoju PremiumTrust Bank has strengthened its national footprint with the launch of a new branch in Osogbo, the capital of Osun State, bringing its total number of physical branches across Nigeria to 23. In a statement issued on Thursday, the bank emphasized that the opening aligns with its strategic goal to deepen financial…

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NNPC Ltd Posts ₦5.89tn April Revenue, ₦4.22tn Q1 Federation Payment

By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC Ltd.) has disclosed that it generated ₦5.89 trillion in operational revenue for April 2025 and made statutory payments totaling ₦4.22 trillion to the Federation Account between January and March. In its April 2025 Monthly Report Summary released on Thursday—marking the first official financial report under…

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Sterling Bank Unveils ₦2bn Scholarship for 600 Students

By Ayomide Otitoju Sterling Bank has unveiled a N2 billion scholarship programme aimed at supporting 600 young Nigerians studying in private universities, in what the bank described as the largest private sector investment in a single Nigerian tertiary institution. According to the bank’s CEO, Abubakar Suleiman, the initiative—under the Sterling Beyond Education programme—targets future leaders…

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FCT NMA Issues 14-Day Ultimatum to National Hospital Over Sack of Doctors

By Ayomide Otitoju The Federal Capital Territory branch of the Nigerian Medical Association (NMA) has issued a 14-day ultimatum to the management of the National Hospital, Abuja, demanding the reinstatement of three dismissed doctors. In a memo dated June 13, 2025, the association warned that its members would embark on an indefinite strike from June…

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Fela Kuti’s ‘Zombie’ Inducted into 2025 Grammy Hall of Fame

By Ayomide Otitoju Legendary Afrobeat pioneer Fela Anikulapo-Kuti has been posthumously inducted into the 2025 Grammy Hall of Fame for his iconic 1976 album Zombie, nearly three decades after his death. The Recording Academy, organisers of the Grammy Awards, announced the honour this week, marking Fela as the first Nigerian artiste to be inducted into…

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Court Hears Kanu Smuggled Radio Transmitter into Nigeria

By Ayomide Otitoju The Federal High Court in Abuja on Friday heard testimony alleging that Nnamdi Kanu, leader of the proscribed Indigenous People of Biafra (IPOB), smuggled a radio transmitter into Nigeria concealed among household items. Testifying as the fourth prosecution witness, a Department of State Services (DSS) operative, identified only as Mr. DDD, told…

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Wike Defends ₦39bn ICC Renovation as Necessary Upgrade

By Ayomide Otitoju Minister of the Federal Capital Territory (FCT), Nyesom Wike, has defended the controversial ₦39 billion spent on the renovation of the International Conference Centre (ICC) in Abuja, insisting the expenditure was necessary to modernise the facility. Speaking on Friday at the commissioning of the newly completed Left-Hand Service Carriageway in Abuja, Wike…

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Israel Strikes Iran, Casting Doubt on Tehran’s Response Capability

By Ayomide Otitoju Israel’s unprecedented airstrikes on Iran on Friday have dealt a significant blow to Tehran’s military and intelligence infrastructure, raising serious questions about its capacity to mount a credible response, analysts say. The Israeli military said it targeted over 100 locations, including nuclear and military facilities. Iranian media confirmed the deaths of senior…

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