JPMorgan Deposits ₦50 Billion with CBN for Nigerian Merchant Banking License

Business

JPMorgan Deposits ₦50 Billion with CBN for Nigerian Merchant Banking License

U.S. banking powerhouse JPMorgan Chase has deposited ₦50 billion ($38M) with the Central Bank of Nigeria as it clears final regulatory hurdles to launch a merchant bank before the end of 2026. In a significant vote of confidence for Nigeria's financial reforms, global banking giant JPMorgan Chase & Co. has deposited ₦50 billion (~$38 million) with the Central Bank of Nigeria (CBN) as part of final requirements to secure a […]

BRUNO FERNANDES’ £4M MANSION BURGLED BY MASKED GANG WHILE AWAY ON CHAMPIONS LEAGUE DUTY IN ITALY

Crime

BRUNO FERNANDES’ £4M MANSION BURGLED BY MASKED GANG WHILE AWAY ON CHAMPIONS LEAGUE DUTY IN ITALY

Manchester United captain Bruno Fernandes has fallen victim to a high-profile home burglary after a masked gang broke into his £4 million residence in Nether Alderley, Cheshire. The incident occurred around 8:30 PM on Wednesday evening while the 32-year-old midfielder was away in Italy representing Manchester United in their UEFA Champions League match against Como 1907. Intruders reportedly gained access to the six-bedroom property through woodland adjacent to the rear […]

SENATE LAUNCHES FORMAL PROBE INTO TANSIAN UNIVERSITY OVER ALLEGED REGULATORY VIOLATIONS AND ADMINISTRATIVE MISCONDUCT

Education

SENATE LAUNCHES FORMAL PROBE INTO TANSIAN UNIVERSITY OVER ALLEGED REGULATORY VIOLATIONS AND ADMINISTRATIVE MISCONDUCT

The Nigerian Senate has ordered a formal investigation into Tansian University, Umunya, Anambra State, following allegations of administrative misconduct, unlawful personnel management, and persistent non-compliance with National Universities Commission (NUC) regulatory standards. The resolution was passed on Thursday following a motion raised by Senator Victor Umeh (Anambra Central), who highlighted severe governance lapses and unauthorized administrative practices within the private institution. REGULATORY COMPLIANCE AND LEGISLATIVE OVERSIGHT The probe comes as […]

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