Author: Daily Post Nigeria

Signature Bank Limited has reported a significantly stronger financial performance for the year ended 31 December 2025, reinforcing the Bank’s steady growth trajectory as it continues to strengthen its position within Nigeria’s banking industry.

The performance was presented at the Bank’s 4th Annual General Meeting, where shareholders approved the Audited Financial Statements for the 2025 financial year alongside other statutory resolutions.

”Despite a challenging macroeconomic environment characterized by inflationary pressures, exchange rate volatility, and tighter regulatory conditions, the Bank recorded strong growth across key financial and operational indicators, with Profit After Tax rising to ₦3.59 billion from ₦726 million in 2024, Gross Earnings increasing by 94.5% to ₦24.99 billion, Total Assets growing to ₦224.7 billion, and Customer Deposits increasing to ₦170.8 billion.

The Bank also recorded a significant improvement in operational efficiency during the year, with its Cost-to-Income Ratio improving from 92% to 66%. Shareholders’ Equity also strengthened to ₦25.2 billion.Speaking at the Meeting, Chairman, Board of Directors, Tijjani Borodo, described the 2025 financial year as a defining period for the Bank, marked by resilience, disciplined execution, and steady institutional growth despite the challenging operating environment.

“The Bank demonstrated remarkable resilience in the face of macroeconomic pressures and continued to make measurable progress across key performance indicators.
 Our focus remained on disciplined growth, operational efficiency, sound governance, and building a stronger institution positioned for sustainable long-term value creation,” he said.

Managing Director/Chief Executive Officer, Nixon Iwedi, said the Bank’s 2025 performance reflected the impact of deliberate institution-building efforts, disciplined execution, and the commitment of employees across the organization.

“Our performance in 2025 is a reflection of the resilience of our strategy, the dedication of our people, and the confidence our customers continue to place in the Bank.
 We remained focused on improving operational efficiency, strengthening our balance sheet, enhancing customer experience, and building a modern and customer-centric financial institution positioned for sustainable growth,” he said.

Iwedi added that the Bank would continue to focus on prudent risk management, digital innovation, customer-focused service delivery, and strategic business growth initiatives in the years ahead.

Signature Bank reaffirmed its commitment to responsible banking, strong corporate governance, and delivering long-term value to customers, shareholders, employees, and other stakeholders.

About Signature Bank LimitedSignature Bank Limited is a Nigerian commercial bank committed to delivering innovative financial solutions and exceptional banking experiences to individuals, businesses, and institutions.

Guided by its brand promise, “Make Your Mark,” the Bank continues to build a resilient and forward-looking institution driven by innovation, integrity, operational excellence, and sustainable growth.

Signature Bank reports stronger 2025 performance as profit rises to ₦3.59bn 

Nigerian Navy has organised a special Medical Rhapsody in honour of 87 military veterans comprising Navy, Police, Military and Civil Defence Corp as part of activities marking its 70th anniversary celebration. Speaking at the event, the Commanding officer Naval Outpost Idah, in Kogi, CDR Amos Gadzama described the gathering as a tribute to the courage, […]

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The African Democratic Congress, ADC, has accused the ruling All Progressives Congress, APC, of misleading Nigerians with what it described as “inflated and unverifiable” claims of having up to 11 million members.

According to the National Publicity Secretary of the party, Bolaji Abdullahi, on Monday, the figures being circulated by the APC were not backed by any verifiable membership register, warning that such claims could be used to shape public perception ahead of the 2027 general elections.

He said, “We are very clear about this. We are building a political party that is based on certain principles, one of which is transparency. We cannot go around forming figures because we want to deceive Nigerians.

“What the APC is doing would have been amusing and laughable if we didn’t know it is to set the stage for the rigging of the 2027 general elections by claiming that they have 11 million votes.

“What they are doing is to put it in your head to think, ‘Oh, that is 11 million votes guaranteed.’ It’s all lies. They should produce a verifiable membership register submitted to INEC.

“We challenge them that if they indeed claim that they have 12 million members, they should produce the membership register and let Nigerians check if they actually have 12 million members. They don’t have 12 million members. It’s all lies.”

This comes less than 48 hours after President Bola Tinubu emerged as the All Progressives Congress (APC) presidential candidate after defeating Stanley Osifo in the party’s presidential primary election.

Tinubu polled 10.99 million votes to defeat his only rival, who scored 16,504 votes in the APC presidential primaries held across 8,809 wards in the country.

Laughable, inflated – ADC blasts APC over alleged 11 million membership claim

The Imo State Police Command, in intensified operations, has arrested 24 suspects in different locations within bushes in Owerri West LGA for various criminal offences.

The operation that led to the arrest of the suspects is in line with proactive security measures put in place by the State Commissioner of Police, CP Audu Garba Bosso, to nip in the bud the alleged kidnapping and violent incidents reported in parts of Owerri West LGA of the state.

According to the command’s spokesperson, Henry Okoye, the latest operation was carried out by operatives of the Owerri Urban Division, led by the Area Commander, Michael Abatam, in collaboration with vigilantes of the State Security Organization, as they embarked on an intensive combing operation across forested areas within Eziobodo, Ihiagwa, Nekede, and Okomochi communities.

Okoye informed that the operation involved the deployment of over 250 police personnel and vigilante operatives in search of suspected criminal hideouts and black spots within the forested areas, with the aim of completely eradicating criminal activities and restoring public confidence in the affected communities.

The command’s spokesperson hinted that during the operation, a total of 24 suspects were arrested from different locations within the forests.

Some of the arrested suspects include 21-year-old Jonah Abotu, 22-year-old Abel John, 40-year-old Ibrahim Ubande, 28-year-old Peter Samuel, 20-year-old Kabiru Yahaya, 22-year-old Yahaya Adamu, and others.

He added that exhibits recovered from some of the suspects include weeds suspected to be cannabis sativa, over six unregistered motorcycles, and other incriminating items.

The suspects have been transferred to the Command’s Violent Crime Response Unit (VCRU) for thorough investigation and possible prosecution in accordance with the law.

Reacting to the arrest of the suspects, the Commissioner of Police described the operation as successful as he reaffirmed the command’s commitment to sustaining aggressive operations against all forms of criminality across the state.

He urged residents to remain security-conscious and promptly report any suspicious persons or activities to the nearest police station or through the command’s emergency lines: 0803 477 3600 or 09116606669.

The commissioner further assured the public that such operations would be sustained across the state until all criminal elements are completely flushed out of their hideouts.

Police arrest 24 suspects after raiding criminal hideouts in Imo forests

Leaders and members of Arsenal Football Club supporters in Aba on Monday took over major streets of the city to celebrate the team’s victory in the 2025/2026 Premiership season.

The Arsenal fans, who were dressed in red and white full club attire, waved flags and loudly sang Arsenal songs in jubilation.

The city-wide march, which commenced from Osisioma Flyover on the Enugu-Aba-Port Harcourt Highway, moved to other parts of Aba, with other enthusiastic fans joining the celebration.

The supporters, who were led by Chukwujama Obinna Obi Daddy and Okechukwu Michael George, said the breaking of the 22-year Premiership jinx was a milestone.

“This is a moment for every Gooner in Abia to show pride and unity. Arsenal’s victory belongs to the fans, and we want Aba to feel the red and white spirit,” they said.

Speaking about his club’s victory, Elijah Udenwa, Chairman of the Radio Fans Association, Abia State chapter, said, “The wait is over for Arsenal.”

Another leader of Arsenal fans in Umuahia, Chukwuemeka Igu, said the mocking of Arsenal by Chelsea and other rival football fans is over, noting that “we shall never be mocked again.”

EPL: We will no longer be mocked – Arsenal fans  parade in Abia

The Bauchi State Executive Council (SEC) met on Monday, chaired by Governor Sen. Bala Abdulkadir Mohammed, and approved a pay package increase of over 300 per cent for all traditional rulers in the state. The Council also placed them on the state payroll. The development followed the approval of a new remuneration structure for traditional […]

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The Ogun State Government on Monday presented the staff of office and instrument of appointment to Oba Adeyemi Ibikunle Opeaye as the new Oludotun of Idotun…

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Former Vice President Atiku Abubakar has described the latest warning by the United Nations that nearly 35 million Nigerians could face acute hunger between June and August 2026 as a devastating global verdict on the catastrophic failure of the Tinubu administration. In a statement issued by his Senior Special Assistant on Public Communication, Phrank Shaibu, […]

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The Federal Governments of Nigeria and the Republic of Türkiye have signed a Memorandum of Understanding (MoU) to strengthen bilateral cooperation in the solid minerals sector, marking a significant step towards deepening economic collaboration between both countries. The agreement was signed on the sidelines of the Istanbul Natural Resources Summit (INRES) in Istanbul, Türkiye. Speaking […]

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The Ogun State Police Command says its has strengthened proactive security measures, assuring residents of the state of a peaceful, safe, and hitch-free El-Kabir celebration.

The command’s spokesperson, DSP Oluseyi Babaseyi, in a statement on Monday said

adequate personnel and operational assets were deployed to strategic locations in the state.

Babaseyi noted that they were deployed to Eid prayer grounds, major highways, recreational centres, markets, motor parks, residential areas, and other identified public spaces. 

According to him, the deployment aimed at ensuring visible policing, effective crowd control, early threat detection, and swift response to any emerging security concerns before, during, and after the celebration.

He said, “Under the leadership of the Commissioner of Police, CP Bode Ojajuni, psc, FCSS, MNIPR, has strengthened proactive security arrangements across the State ahead of the 2026 Eid-el-Kabir celebration, with firm assurances of a peaceful, safe, and hitch-free festive period for all residents.

“Acting on the directives of the Commissioner of Police, all Area Commanders, Divisional Police Officers, and Tactical Commanders have been placed on heightened alert and instructed to sustain aggressive patrols, stop-and-search operations where necessary, and ensure round-the-clock supervision of personnel within their areas of responsibility. 

“They are also to strengthen collaboration with community leaders, transport unions, and other relevant stakeholders to enhance intelligence sharing and prevent any breakdown of law and order during the festive period.”

The command appealed to members of the public to celebrate responsibly and remain security conscious throughout the season, urging parents and guardians to closely monitor the movement and activities of their children and wards.

“Members of the public are advised to avoid any conduct capable of disturbing public peace, including thuggery, cult-related activities, reckless driving, and other forms of disorderly behaviour.

“The Commissioner of Police, CP Bode Ojajuni, reassures residents of the Command’s unwavering commitment to proactive policing, peace, and the protection of lives and property across the State,” he added.

Sallah: Police deploy personnel to Ogun prayer ground, market place, motor parks