• CBN
• Recapitalisation

Tension has erupted in Jos just hours after the Plateau State Government eased the 48-hour curfew imposed following the deadly Sunday night attack in Anguwan Rukuba. Reports indicate that sporadic violence broke out in parts of the city, with unconfirmed claims of fresh casualties. The situation triggered panic among residents, forcing traders who had earlier resumed business activities to abandon their shops and flee to safety. Eyewitnesses described scenes of confusion as people fled for cover amid fears of renewed attacks. Security presence is said to be increasing in affected areas, although authorities have yet to officially confirm the latest developments. The curfew was initially imposed to restore calm after the earlier killings, but the fresh unrest has raised concerns about the fragile security situation in the state. Authorities have urged residents to remain calm and vigilant as efforts continue to restore order. Unidentified gunmen, reportedly riding on a motorcycle, shot and killed at least 28 people in the area on Sunday. A resident, who spoke to Channels Television via a phone call on condition of anonymity, said the attack occurred around the Anguwan Rukuba junction in the evening. In the aftermath of the attack, angry youths reportedly blocked major roads within the community, raising fears of escalating tension. The latest attack came weeks after no fewer than 20 security operatives and vigilantes were reportedly killed when heavily armed bandits ambushed a joint patrol team in Wanka and surrounding communities of the Garga area in Kanam Local Government Area. The Anguwan Rukuba attack prompted the University of Jos to reschedule examinations scheduled for March 30 and 31. In a statement on Monday, the Deputy Registrar, Information and Public Relations of the university, Emmanuel Madugu, urged staff and students to remain vigilant and avoid unnecessary movement. Governor Caleb Mutfwang, in a statewide broadcast on Tuesday, said that the state would not succumb to fear or intimidation.

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  admin / 2 hours
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• 2 min read

The Central Bank of Nigeria (CBN) has announced the successful completion of its banking sector recapitalisation programme, revealing that 33 banks met the revised minimum capital requirements after raising a combined ₦4.65 trillion. This was contained in a statement jointly signed on Wednesday by the CBN’s Director of Banking Supervision, Olubukola Akinwunmi, and Acting Director […]