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Banks’ N1.96Trn Black Hole: Who Took the Loans, Who Defaulted, and Why the Real Economy Suffers By BLAISE UDUNZE
Nigeria’s banking sector has entered a season of reckoning. Eight of the nation’s biggest banks have collectively booked N1.96 trillion in impairment charges in just the first nine months of 2025 which represents a staggering 49 percent increase from the N1.32 trillion recorded in the same period of 2024.
Agege Lawmakers await Sanwo-Olu’s Approval for Obasa’s Son to assume Council Chairmanship
The Legislative Arm of Agege Local Government has confirmed that it is awaiting the formal approval of Governor Babajide Sanwo-Olu for Hon. AbdulGaniyu Vinod Obasa to assume office as the new Executive Chairman of the council, following the resignation of Hon. Tunde Azeez, popularly known as Disco.
Ikeja Council Deepens Grassroots Participation as day two of 2025 Budget Community Stakeholders’ Engagement Holds
The 2025 Budget Community Stakeholders’ Engagement of Ikeja Local Government entered its second day on Thursday, with residents of Onilekere/Onipetesi (Ward C) and Anifowoshe (Ward D) communities actively participating in discussions on development priorities for the coming fiscal year.
Tinubu to Federal Executive Council: Nigeria Is On A Steady Growth Path — We’re Engaging The World Diplomatically
— President Swears In Two New Ministers, Reaffirms Commitment to Security, Economic Reform, and Global Partnerships President Bola…
Lagos APC Youth Leader Rallies Young People for Chairman’s Cup Participation
— Comrade Muritala Seriki Champions Youth Empowerment Through Football and Renewed Hope Agenda The Lagos State All Progressives…
CP Olohundare Decorates Newly Promoted Senior Officers in Lagos Command
The Commissioner of Police, Lagos State Command, CP Olohundare Jimoh, has decorated a new set of senior officers recently elevated to higher ranks, reaffirming the unwavering commitment of the Inspector-General of Police, IGP Kayode Adeolu Egbetokun, to merit-driven career advancement within the Nigeria Police Force.
Ikeja Council Holds Community Stakeholders Engagement for 2026 Budget
The 2026 Budget Community Stakeholders Engagement of Ikeja Local Government commenced on an impressive note as residents of Ward A and Ward B convened to deliberate on developmental priorities for the coming fiscal year
Hon. Tunde Azeez “Disco” Resigns as Agege Council Chairman, Cites Health Reasons
In a significant development at the Agege Local Government, the Executive Chairman, Hon. Tunde Azeez, popularly known as Disco, has resigned from office, citing health challenges that have affected his ability to effectively discharge his official duties.
Pro-Chancellor Transport Varsity, Owokoniran Inducted CIoTA Fellow
The All Progressives Congress (APC) family in Ikeja Local Government has congratulated one of its foremost leaders and respected statesmen, Hon. Wahab Akanni Owokoniran, on his recent induction as a Fellow of the Chartered Institute of Transport and Administration of Nigeria (CIoTA).
Ikeja Council Chairman, Dauda Backs Youth Empowerment, Attends ITF–NECA Tech Skills Graduation
The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD), on Tuesday joined dignitaries at the graduation and prize-giving ceremony of the Industrial Training Fund (ITF) – Nigeria Employers’ Consultative Association (NECA) Technical Skills Development Project, held at the NECA ICT Academy, Lagos.