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Essential Nigeria News

Monday, April 27, 2026 Volume XXIII Breaking News & Latest Updates
Fidelity Bank Exceeds N500bn Requirement, Signals Strong Expansion Drive Business

Fidelity Bank Exceeds N500bn Requirement, Signals Strong Expansion Drive

Fidelity Bank Plc is entering a new phase of strong growth and expansion, following the outstanding success of its recent recapitalisation exercise.Although many banks met the new minimum capital requirement ahead of the March 31, 2026 deadline, analysts have described Fidelity Bank’s approach as ex...

By Joshua-Ale April 02, 2026
CBN Wraps Up Bank Recapitalization, Secures N4.65 Trillion Business

CBN Wraps Up Bank Recapitalization, Secures N4.65 Trillion

The Central Bank of Nigeria (CBN) has announced the successful conclusion of its bank recapitalization exercise, which officially ended on March 31, 2...

32 0
3 weeks ago
43 Inmates Regain Freedom As Lagos Moves To Decongest Prisons Local

43 Inmates Regain Freedom As Lagos Moves To Decongest Prisons

Babajide Sanwo-Olu has approved the release of 43 inmates from correctional facilities across Lagos State as part of ongoing efforts to reduce overcro...

42 0
3 weeks ago
Atiku Reacts As El-Rufai’s Release Raises Questions Over Detention News Xtra

Atiku Reacts As El-Rufai’s Release Raises Questions Over Detention

Former Vice President Atiku Abubakar has stated that the recent release of African Democratic Congress (ADC) chieftain Nasir El-Rufai further suggests...

25 0
3 weeks ago
UNIBEN Students Shut Down Benin–Lagos Highway Amid Cost of Living Crisis News Xtra

UNIBEN Students Shut Down Benin–Lagos Highway Amid Cost Of Living Crisis

Hundreds of youths on Wednesday blocked the busy Benin–Lagos Expressway in protest against what they described as worsening economic hardship in the c...

28 0
3 weeks ago