Author: Platform Times Newspaper

The Central Bank of Nigeria has disclosed that 30 deposit money banks have met the new minimum capital requirements under its ongoing banking sector recapitalisation programme, ahead of the March 31, 2026 deadline. The apex bank said the exercise, which began in 2024, was aimed at strengthening the resilience and long-term capacity of Nigeria’s financial system. In a statement issued on Friday by the Acting Director of Corporate Communications, Hakama Sidi-Ali, the CBN said the recapitalisation process had recorded steady progress across the banking industry. According to the statement, several banks have successfully boosted their capital base through fundraising channels…

Health experts and pharmacists have called on hospitals and healthcare centres across Nigeria to adopt more proactive measures to curb rising deaths linked to antimicrobial resistance (AMR), warning that the country faces a growing public health crisis driven by the misuse and overuse of antibiotics. The call was made during the Commonwealth Pharmacists Association Antimicrobial Resistance Impact Celebration and the UK–ALF-A Fellowship Graduation held at Babcock University, Ogun State. Speakers at the event stressed that stronger institutional commitment, improved drug management practices and sustained collaboration among healthcare stakeholders are critical to reducing AMR-related deaths in Nigeria. According to health experts,…

Fawaz Adebisi A Chieftain of the All Progressives Congress, APC in Ogun State, Hon. Jamiu Keshinro, has called on the state Governor, Dapo Abiodun to intervene in the zoning arrangement for the Abeokuta North/Obafemi Owode/Odeda federal constituency seat  ahead of the 2027 general elections. In a letter dated 3rd March 2026, Keshinro urged the governor to prevent the incumbent member of the House of Representatives, Olumide Osoba, from seeking a fourth consecutive term. Addressing the governor, Keshinro argued that the federal constituency’s House of Representatives seat ought to rotate among the three local government areas that make up the constituency;…

…Cites Voting Strength, Historical Imbalance in Ifo/Ewekoro Constituency Daud Olatunji The Ifo Progressive Indigenes Forum has called on the All Progressives Congress to zone its House of Representatives ticket for the Ifo/Ewekoro Federal Constituency to Ifo Local Government Area ahead of the 2027 general elections. The group, in a statement issued in Abeokuta on Thursday, warned that the current pattern of representation in the constituency had remained “lopsided” in favour of Ewekoro Local Government Area since 1999. The statement was jointly signed by the forum’s Chairman, Abdul Oladosu, and Secretary, Kehinde Egbeyemi. The group said the debate ahead of the…

… Immigration Deploys Digital System To Trace Defaulters … Says Visa Defaulters  Face Arrest  Daud Olatunji The Federal Government has declared that it now has the technological capability to identify and arrest foreigners who overstay their visas in Nigeria, in what officials describe as a major step toward strengthening immigration control and border security. The Minister of Interior, Olubunmi Tunji-Ojo, disclosed this on Thursday during the 2026 Sectoral Performance Review Retreat of the Federal Ministry of Interior in Abuja. Tunji-Ojo said the government could now track the movement and visa status of foreigners who entered Nigeria within the last 10…

The Economic and Financial Crimes Commission on Thursday told the Federal Capital Territory High Court in Abuja that a lawyer linked to the immediate past Governor of the Central Bank of Nigeria, Godwin Emefiele, was arrested with more than $2 million allegedly belonging to the former apex bank chief. An EFCC investigator, David Jaiyeoba, disclosed this while testifying as the 12th prosecution witness in the ongoing corruption trial of Emefiele before Justice Hamza Muazu. Emefiele is standing trial on 20 amended counts bordering on criminal breach of trust, conspiracy, forgery, procurement fraud and obtaining by false pretence during his tenure…

Zainab Abioye The Body of Benchers has sanctioned no fewer than 17 lawyers for professional misconduct, handing down penalties ranging from two to five years’ suspension from legal practice. The sanctions were announced during the second annual lecture of the Body of Benchers held in Abuja, where the report of the Legal Practitioners Disciplinary Committee for the year 2025 was presented. The event drew top members of Nigeria’s legal community, including the Chief Justice of Nigeria, Justice Kudirat Kekere-Ekun; the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN); the President of the Nigerian Bar Association, Afam…

The Lagos State Police Command has dismissed four officers of the Nigeria Police Force over their alleged involvement in the killing of seven traders in the Owode-Onirin area of the state. The state Commissioner of Police, Olohundare Jimoh, disclosed this on Thursday while speaking with journalists at the Police Officers’ Mess in Ikeja. Jimoh said the officers were dismissed following an internal disciplinary process, adding that the command had made significant progress in the investigation of the incident. According to him, the dismissed officers were allegedly brought from Nasarawa State by a principal suspect identified simply as Ariori, who is…

Aishah Waliyullah Nigeria may record an improvement in its current account balance if global crude oil prices remain elevated, according to a new report by Bloomberg Economics. The report said Nigeria, Angola and Ghana are the only sub-Saharan African economies likely to benefit from the recent surge in oil prices triggered by the escalating conflict involving the United States, Israel and Iran. According to the analysis released on Thursday, higher oil prices could strengthen the external balances of the three oil-producing countries, while many other African economies may experience economic strain. Mhango, explained that if crude oil prices stabilise around…

The Kano State House of Assembly has commenced impeachment proceedings against the Deputy Governor, Aminu Abdussalam Gwarzo, over allegations of gross misconduct, abuse of office and breach of public trust. The notice of impeachment was presented during plenary on Thursday by the Majority Leader, Lawan Hussaini Dala, who said the action was in line with Section 188 of the 1999 Constitution of the Federal Republic of Nigeria (as amended). Dala told lawmakers that the allegations stemmed from Gwarzo’s tenure as Commissioner for Local Government between 2023 and 2024, as well as actions allegedly taken since he assumed office as deputy…