NEWS
GTB Denies Giving N500m New Notes to Presidential Candidate

Guaranty Trust Bank Ltd., said it did not give N500 million new notes to any Presidential candidate in the ongoing General Elections, as reported on Twitter by @ifygold21.
The bank said in a statement yesterday in Lagos, that the claim was completely false and designed to bring the image of the bank and its officers to disrepute.
“The attention of Guaranty Trust Bank Ltd.
, (the “Bank”) has been drawn to a spurious post on Twitter by @ifygold21 alleging that the Bank gave the new Naira notes in the total sum of ₦500 million to one of the leading presidential candidates in the ongoing General Elections, on the eve of the elections and at the order of a high-ranking government official.“The Bank wishes to refute this claim in its entirety and state categorically that it is completely false and it’s designed to bring the image of the Bank and its officers to disrepute.
“The fact that the post refers to Segun Agbaje as Managing Director of the Bank further exposes the sponsors of the content as uninformed and malicious.
” Accordingly, we would like to clarify that Miriam Olusanya is the Managing Director of the Bank and has been at the helm of affairs of the Bank in that capacity since her appointment in Aug. 2021.
“Our preliminary findings show that the post was made using a faceless bot account, evidently operated by unscrupulous persons intent on propagating falsehood and inciting well-meaning Nigerians to their malicious ends.
“This is clearly unwarranted and poses a serious threat to our continuing operations, with incalculable risks to lives and property,” it said.
The bank said that it had taken the post seriously and had escalated it to all concerned parties including Twitter, for the identification of the owner of the fake account and consequent legal action.
The bank noted that its Nigerian operations supported a diverse customer base with varied business interests in communities across the country and as such, remained available to everyone.
The bank urged its Customers and the banking public to kindly disregard this unsubstantiated claim in its entirety.
“Guaranty Trust Bank hereby restates its commitment to being a responsible, non-partisan corporate citizen with strict adherence to the highest standards of global best practice as well as sound corporate governance in all aspects of our business operations,” it said. (NAN)
NEWS
21 Terrorists Neutralised in Damboa Again — Army

Troops of Operation Hadin Kai (OPHK) have repelled a deadly attack by ISWAP terrorists in Damboa, Borno, neutralising 21 insurgents and recovering a cache of arms and ammunition.
Capt. Reuben Kovangiya, Acting Deputy Director, Army Public Relations, Headquarters Theatre Command, confirmed this in a statement issued in Maiduguri on Friday.
Report saya that the attack, which occurred in the early hours of Friday, targeted troops of the 25 Task Force Brigade.
Daily Asset, however, reports that the soldiers, with the support of the Air Component of OPHK, engaged the terrorists in a fierce and prolonged firefight that lasted over two hours.
Kovangiya said the troops displayed gallantry and tactical superiority during the confrontation, forcing the terrorists to retreat in disarray, leaving behind more than 21 of their fighters who were neutralised during the engagement.
“The gallant troops, supported by Close Air Support, stood their ground and repelled the attack despite the ferocity of the enemy.
“The insurgents suffered devastating losses and were forced to flee,” he said.
The spokesman said that during the exchange of fire, an ammunition storage facility within the military formation was hit by a blast, but the situation was quickly brought under control.
He also confirmed that the troops recorded minor casualties.
“Following the mop-up and exploitation operation, the following weapons and ammunition were recovered:
“Two General Purpose Machine Guns (GPMG) three Rocket Propelled Grenade (RPG) tubes, one pump-action rifle, nine AK-47 rifles, three belts of PKT rounds, eight AK-47 magazines, seven RPG bombs, two boxes of 12.7mm x 99mm ammunition, one and a half box of PKT rounds and 20 pieces of 36 hand grenades,” Kovangiya said.
The spokesman said that the success of the operation was a clear demonstration of the effectiveness of joint land and air efforts in counterterrorism operations which further reaffirmed the Nigerian military’s resolve to restore peace in the North-east.
“The bravery and sacrifice of the troops remain a symbol of national pride.
“Their unwavering commitment to defeating insurgency and restoring peace in the region is commendable,” he said.(NAN)
NEWS
Enugu Govt Sets up Human Development Council

Gov. Peter Mbah of Enugu State, on Friday, inaugurated the Enugu State Human Development Council at the Government House. He stressed that human capital remains the true wealth of any nation and a core priority of his administration. The Council is chaired by the Deputy Governor, Ifeanyi Ossai, and includes State Executive Council members and heads of MDAs.
Also represented are the legislature, local governments, traditional rulers, church leaders, and civil society organisations. Mbah explained the Council aligns with his government’s emphasis on human development and social investment. He urged the members to take the task seriously and work towards tangible outcomes. “One of our top priorities is eradicating poverty and reducing the poverty headcount to zero,” Mbah noted. He added that the government’s philosophy prioritises human capital over natural resources. “Our last two budgets allocated over 50 per cent to social services,” the governor stated. In his response, Ossai assured the governor of members’ commitment to the Council’s goals. He emphasised that all government initiatives — from schools to roads — are people-focused. “All our projects aim to improve lives, and the Council will help us track and measure progress,” Ossai said. (NAN)NEWS
ASUU Demands Action, Threatens Nationwide Strike

The Academic Staff Union of Universities (ASUU) has urged the Federal Government to honour the 2009 FG/ASUU agreement or face a nationwide industrial action. ASUU President, Chris Piwuna, issued this warning during a news conference in Abuja on Friday. He stressed the importance of the government fulfilling its promises and addressing the worsening conditions in Nigerian universities.
According to Piwuna, nine critical issues remain unresolved, including the stalled renegotiation process since 2017. He mentioned withheld salaries from the 2022 strike and unpaid entitlements linked to the contentious Integrated Payroll and Personnel Information System (IPPIS). Piwuna also criticised the delayed release of revitalisation funds and earned academic allowances due to government inaction. In spite of promises to inject ₦150 billion into universities and adjust irregular allowances by 2026, he said these commitments remain unfulfilled. He highlighted the marginalisation of ASUU members at state institutions such as Kogi State University and Lagos State University. According to him, victimisation, salary denial, and job insecurity persist in those universities, undermining staff morale. On university autonomy, he said political interference has compromised the selection of leaders, citing Nnamdi Azikiwe and Abuja universities as examples. Piwuna warned that universities are becoming battlegrounds for political and economic interests, which he described as unacceptable. He called for a national rebirth through education, saying it is vital for Nigeria’s transformation and prosperity. To address the crisis, he proposed a national education summit focusing on funding, autonomy, and academic welfare. “Education empowers citizens, drives innovation, and instils values. Without it, development is impossible,” Piwuna said. He reaffirmed ASUU’s commitment to reforming Nigerian universities and urged patriotic Nigerians and global allies to support their struggle. “Our universities should be centres for solutions to national challenges. “We are open to dialogue but will not tolerate further erosion of our rights,” Piwuna said. (NAN