Archive: November 28, 2025

Browsing through all stories published on November 28, 2025.

Cardoso Confirms 27 Banks Have Raised Capital to Meet Recapitalisation Targets

Cardoso Confirms 27 Banks Have Raised Capital to Meet Recapitalisation Targets

Central Bank of Nigeria Governor Olayemi Cardoso confirmed that 27 Nigerian banks have successfully raised fresh capital as part of the ongoing recapitalisation exercise. This major milestone aims to strengthen the nation's financial sector, boosting banks' resilience and lending capacity to support Nigeria's expanding economy.

Oluwabunmi Ayeni•11/28/2025

Microsoft Cleared as France Rejects Antitrust Case Filed by Qwant

Microsoft Cleared as France Rejects Antitrust Case Filed by Qwant

France’s antitrust regulator, the Autorité de la Concurrence, has dismissed an antitrust complaint filed by French search engine Qwant against Microsoft, ruling that Qwant failed to provide sufficiently convincing evidence of abuse of dominance.

95News•11/28/2025

Russia Threatens Nationwide Ban on WhatsApp Over Security Concerns

Russia Threatens Nationwide Ban on WhatsApp Over Security Concerns

Russia’s state communications watchdog Roskomnadzor has threatened to impose a full ban on WhatsApp if the platform fails to comply with national laws, accusing it of refusing to share information with law enforcement in cases involving fraud and terrorism

95News•11/28/2025

U.S. Orders Review of Green Cards from 19 Nations After Washington Shooting

U.S. Orders Review of Green Cards from 19 Nations After Washington Shooting

The U.S. government has announced a sweeping review of green cards issued to immigrants from 19 “countries of concern” following the deadly shooting of two National Guard members in Washington, D.C. The suspect, an Afghan national, prompted President Donald Trump to order the re-examination, citing national security risks

95News•11/28/2025

Jonathan Explains Return to Nigeria on Ivorian Jet Amid Guinea-Bissau Crisis

Jonathan Explains Return to Nigeria on Ivorian Jet Amid Guinea-Bissau Crisis

Former President Goodluck Jonathan has explained that he returned to Nigeria aboard an Ivorian presidential jet after the Guinea-Bissau political crisis because the country’s airspace was shut down, leaving him and his delegation stranded. He said the arrangement was facilitated by President Alassane Ouattara of Côte d’Ivoire, who offered assistance to ensure their safe evacuation.

95News•11/28/2025

Sanwo-Olu Unveils Lagos Rice at ₦57,000 per 50kg to Tackle Soaring Food Costs

Sanwo-Olu Unveils Lagos Rice at ₦57,000 per 50kg to Tackle Soaring Food Costs

Lagos State Governor Babajide Sanwo-Olu has announced that the state-produced Eko Rice will be sold at ₦57,000 per 50kg bag, a move aimed at easing the burden of rising food prices and promoting local production.

95News•11/28/2025

Appeal Court Throws Out Nnamdi Kanu’s Rights Violation Case Against DSS, AGF

Appeal Court Throws Out Nnamdi Kanu’s Rights Violation Case Against DSS, AGF

The Court of Appeal in Abuja has dismissed Nnamdi Kanu’s fundamental rights violation suit against the Director-General of the Department of State Services (DSS) and the Attorney-General of the Federation (AGF), ruling that the case had become academic following his conviction and life imprisonment sentence.

95News•11/28/2025

Jonathan Labels Guinea-Bissau Military Takeover a ‘Ceremonial Coup’

Jonathan Labels Guinea-Bissau Military Takeover a ‘Ceremonial Coup’

Former Nigerian President Goodluck Jonathan has described the recent military takeover in Guinea-Bissau as a “ceremonial coup”, arguing that it lacked the hallmarks of a genuine seizure of power. He urged ECOWAS and regional bodies to announce the stalled election results to restore democratic confidence.

95News•11/28/2025

Nigerian Army Elevates 105 Senior Officers in Latest Promotion Exercise

Nigerian Army Elevates 105 Senior Officers in Latest Promotion Exercise

The Nigerian Army has announced the promotion of 28 Brigadier Generals to Major General and 77 Colonels to Brigadier General, in a major leadership reorganisation approved by the Army Council.

95News•11/28/2025

Makinde Vows to Serve Oyo People Diligently Till End of Tenure

Makinde Vows to Serve Oyo People Diligently Till End of Tenure

Oyo State Governor Seyi Makinde has pledged to serve the people diligently until the very last day of his tenure, assuring citizens that he will not relent in delivering good governance and development projects.

95News•11/28/2025

FG Moves to Strengthen Security With Local Arms Production Drive

FG Moves to Strengthen Security With Local Arms Production Drive

The Federal Government of Nigeria has announced plans to boost local arms production through increased funding for the Defence Industries Corporation of Nigeria (DICON), partnerships with investors, and facility upgrades, aiming to reduce reliance on imported weapons and strengthen national security.

95News•11/28/2025

27 Banks in Recapitalisation Drive as CBN Tightens Capital Rules

27 Banks in Recapitalisation Drive as CBN Tightens Capital Rules

The Central Bank of Nigeria (CBN) has confirmed that 27 banks are actively raising fresh capital to meet its new recapitalisation requirements, while 16 banks have already met the threshold ahead of the March 31, 2026 deadline

95News•11/28/2025

Fintech Giant OPay Dismisses Shutdown Claims, Threatens Lawsuits Over False Reports

Fintech Giant OPay Dismisses Shutdown Claims, Threatens Lawsuits Over False Reports

Fintech company OPay has reassured users that all customer accounts remain safe and intact, dismissing viral claims of account wipes and shutdowns as false and malicious. The firm warned it may pursue legal action against those spreading the rumours.

95News•11/28/2025

Obasanjo Urges FG to Deploy Drones Against Criminal Bandits

Obasanjo Urges FG to Deploy Drones Against Criminal Bandits

Former President Olusegun Obasanjo has urged the Federal Government to deploy drones and modern technology to eliminate armed criminals, criticizing what he described as weak responses to Nigeria’s worsening insecurity.

95News•11/28/2025

ICPC: Victim’s Courage Secures Ex-UNICAL Dean’s Sexual Harassment Conviction

ICPC: Victim’s Courage Secures Ex-UNICAL Dean’s Sexual Harassment Conviction

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says the courage and consistent testimony of the victim was central to securing the conviction of former University of Calabar Law Dean, Prof. Cyril Ndifon, who has been sentenced to five years in prison for sexual harassment.

95News•11/28/2025

FG to Establish Emergency Fund for Gender-Based Violence Survivors

FG to Establish Emergency Fund for Gender-Based Violence Survivors

The Federal Government of Nigeria has announced plans to establish an Emergency Gender-Based Violence (GBV) Response Fund to close critical funding gaps in prevention and survivor support services.

95News•11/28/2025

Osinbajo Calls for National Strategy to Address Nigeria’s IDP Emergency

Osinbajo Calls for National Strategy to Address Nigeria’s IDP Emergency

Former Vice President Yemi Osinbajo has called for a comprehensive national strategy to address Nigeria’s worsening Internally Displaced Persons (IDP) crisis, warning that overcrowded camps, malnutrition, and lack of education access pose long-term risks to the country’s social fabric

95News•11/28/2025

Adamawa Governor Denies Ordering Boarding Schools Closure Amid Security Rumours

Adamawa Governor Denies Ordering Boarding Schools Closure Amid Security Rumours

Adamawa State Governor Ahmadu Umaru Fintiri has denied ordering the closure of boarding schools, dismissing reports of a shutdown as false, baseless, and malicious. He insisted that schools remain open and urged the public to disregard the rumour.

95News•11/28/2025

Business Leaders Reject Beverage Tax Hike, Warn of Economic Fallout

Business Leaders Reject Beverage Tax Hike, Warn of Economic Fallout

Nigeria’s organised private sector has pushed back against the Federal Government’s proposed 20% excise tax on non-alcoholic beverages, warning that the levy could trigger mass job losses, raise consumer prices, and destabilize an industry already burdened by inflation, high borrowing costs, and energy challenges.

95News•11/28/2025

German President Steinmeier Pays Historic Visit to Guernica, Site of 1937 Nazi Bombing

German President Steinmeier Pays Historic Visit to Guernica, Site of 1937 Nazi Bombing

German President Frank-Walter Steinmeier has become the first German head of state to visit Guernica, the Basque town bombed by Nazi Germany’s Condor Legion in 1937 during the Spanish Civil War. He attended a wreath-laying ceremony with Spain’s King Felipe VI to honor the victims

95News•11/28/2025