THE Central Bank of Nigeria (CBN) has unveiled new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with international authorization at N500 billion. A circular signed by the Director, Financial Policy and Regulation Department, Haruna Mustafa, to all commercial, merchant, and non-interest banks and promoters of proposed banks emphasized that […]
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King Salman Humanitarian Aid and Relief Centre of Saudi Arabia has distributed food items as Ramadan relief materials to more than 2,000 households mostly People with Disabilities (PWDs) in eight local government areas of Kano State. The team leader of the foundation, Mr. Abdulrahman ibn Abdul Aziz Al-Zaben, told newsmen that the programme is aimed […]
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Saudi Arabia will participate in Miss Universe 2024 for the first time in the pageant’s history. Rumy Alqahtani, a 27-year-old Riyadh-born model and content creator, will represent Saudi Arabia at the pageant. “I am honoured to participate in the Miss Universe 2024 competition. This marks the first participation of the Kingdom of Saudi Arabia in […]
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A Kano High Court sitting on Tuesday, sentenced a Chinese National, Frank Geng-Quangrong, 47, to death by hanging for stabbing his Nigerian girlfriend, Ummukulsum Sani, 22, to death. Frank, who lives in Railway Quarters Kano, was convicted on one count charge of culpable homicide. Delivering judgment, Justice Sanusi Ado-Ma’aji, held that the prosecution had proven […]
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Bassirou Diomaye Faye, 44, has emerged as Senegal’s President-elect after an unprecedented victory in the presidential election on Sunday, March 24, 2024. Here are ten things you need to know about Bassirou Faye Early Life: Born on March 25, 1980, in Ndiaganiao, Senegal Education Journey: Graduated with a bachelor’s degree in 2000 and earned a master’s degree […]
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Nigeria’s Federal Capital Territory (FCT) minister, Nyesom Wike, has wooed Indian businessmen to increase their presence in the nation’s capital. The Minister made this observation on Tuesday in Abuja, when he received, in courtesy, the Indian High Commissioner to Nigeria, His Excellency, Balasubramanian Shri. Wike said that Indians’ commitment to keeping their cordial relationship with […]
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The Chairman of the National Hajj Commission of Nigeria (NAHCON), Malam Jalal Ahmad Arabi, has commenced engagement with the Saudi Arabian Embassy in Nigeria to explore potential solutions to the serious shortage of Umrah Visas which results in many not performing Lessa Hajj. Fatima Usara the Commission Assistant Director of Public Affairs, said in […]
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The Nigerian Financial Intelligence Unit has exposed the alleged funding of terrorist activities in Nigeria by the Indigenous People of Biafra, bandits, and other terror groups through global crowdfunding and on sports betting platforms. The financial intelligence unit revealed how IPOB received funds through affiliates in 22 countries that have registered at least 27 entities […]
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Nigeria Contacts INTERPOL Over Fugitive Crypto-currency Chief The Federal Government, on Monday, contacted the International Criminal Police Organization and issued an arrest warrant for the apprehension of one of the detained executives of a global crypto-currency firm, Binance, Nadeem Anjarwalla, who escaped from lawful custody on Friday. It was also gathered from the Office of […]
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Nigeria’s President Bola Tinubu has hailed the office of the National Security Adviser and other security agencies over the safe release of the Kuriga schoolchildren in Kaduna State. Diplomat Nigeria reports that 287, were kidnapped on March 6 when the gunmen on motorcycles rode through their school, taking them away in an incident that sparked […]
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