ANAMBRA GOVT WARNS AGAINST PURCHASE OF ENCROACHED LAND AT TRANS-NKISSI. (PHOTO). #PRESS RELEASE.

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 Anambra Govt Warns Against Purchase of Encroached Land at Trans-Nkissi By MaryAnn Chukwuma The Anambra State Ministry of Lands has warned members of the public against purchasing plots at TransNkissi Phase 1, behind the Federal Government Girls College, Onitsha, from persons claiming ownership on behalf of the Umuosodi family of Onitsha. The warning was contained in a public notice dated Sept. 28, 2026, with Ref. No. PS/ML/2026/CR/VOL.II/028 and signed by the Permanent Secretary, Mrs Nkeiru Mokwe, for the Commissioner. According to the notice, the Ministry became aware that persons alleged to be members of the Umuosodi family had invaded and commenced clearing portions of the land with the intention of selling them to unsuspecting members of the public. It said compensatory plots had been allocated to the family and other families in Onitsha before the current administration. The Ministry added that the affected land had been lawfully allocated to various individuals and groups in...
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CBN CONCLUDES RECAPITULATION; BANKS RAISE ₦4.65 TRILLION TO BOOST FINANCIAL STABILITY. (PHOTO).

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 CBN CONCLUDES RECAPITULATION; BANKS RAISE ₦4.65 TRILLION TO BOOST FINANCIAL STABILITY 


The Central Bank of Nigeria says it has successfully concluded the banking sector recapitalisation programme, strengthening the resilience of Nigeria’s financial system.


According to the apex bank, lenders raised ₦4.65 trillion in fresh capital within 24 months, with over 72 percent sourced locally and about 27 percent from international investors—an indication of sustained confidence in the sector.

CBN Governor, Olayemi Cardoso, says the exercise has reinforced banks’ capital base and improved their capacity to withstand economic shocks.


The CBN confirms that 33 banks have met the revised minimum capital requirements, while a few others remain under regulatory processes, with all institutions continuing normal operations.


It adds that the programme has improved capital adequacy ratios above global benchmarks, enhanced asset quality, and strengthened balance sheet transparency.


The apex bank says enhanced risk-based supervision and mandatory stress testing will sustain these gains, positioning the banking sector to support lending, savings mobilisation, and overall economic growth.

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