To Avert Potential Vulnerabilities, CBN Directs Commercial Banks to Conduct Stress Tests Banks deposit N61.1tn with apex bank in February 2026
Kayode Tokede
As the March 31, 2026,
deadline set by the Central Bank of Nigeria (CBN) for the recapitalisation of Nigerian banks
approaches, the apex bank has directed all commercial banks to conduct stress tests, effective
April 1, 2026. This is consistent with banks operating in Nigeria depositing
an estimated N61.1 trillion with the CBN, indicating excess liquidity in the financial sector.
In a letter dated March 6, 2026, Continued on page 5
Shettima to Insurgents: Tinubu Govt will Not Be Cowed By Attempts to Undermine Nation's Collective Peace…Page 7 Sunday, March 8, 2026 Vol 31. No 11291
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Akpabio: Opposition Parties Will Remain in Confusion Till after 2027 Elections
Deji Elumoye in Abuja
The President of the Senate, Senator Godswill Akpabio, yesterday mocked the
opposition parties, saying that they would remain in confusion till after the victory of the All Progressives Congress (APC) in the 2027
general election. Speaking at Uyo, the Akwa Ibom State capital during a reception organised for the First Lady, Senator Oluremi
Tinubu, Akpabio declared the APC had already started campaigns against “confused” opposition parties. The First Lady was in Uyo
where she unveiled the Senior Citizens’ Centre named after her, and also in honour of Pastor Patience Eno, the late wife of the Governor of Akwa
Ibom State, Pastor Umo Eno. The occasion, which was also used to mark this year’s
Continued on page 5
Trump Vows to Escalate War, Iran Regrets Strikes on Neighbours, Apologises Iranian body to choose next supreme leader within 24 hours We’ll continue with all our force, says Netanyahu See story on page 5 Report: Russia providing Iran intel to strike US assets Arab League to meet today
MEGA ENDORSEMENTS AHEAD OF 2027…
L-R: Wife of the Senate President, Mrs. Unoma Godswill Akpabio; President of the Senate, Godswill Akpabio; First Lady, Senator Oluremi Tinubu; Governor of Akwa Ibom State, Pastor Umo Eno; Coordinator, Office of the First Lady, Akwa Ibom State, Lady Helen Eno-Obareki; and state Deputy Governor, Senator Akon Eyakeyin, displaying the 2027 endorsement plaque of President Bola Tinubu, Akpabio and Eno, from Akwa Ibom women, during the International Women's Day Celebration, in Uyo…yesterday.
Marketers Seek FG’s Intervention as Middle East Crisis Pushes Petrol Price Above N1,000 Per Litre… Page 5