Nigeria's press roundup: Just six lenders distribute N1.27 trillion in dividends amid substantial earnings

A review of Nigerian newspapers reveals that Vanguard's top story highlights the fact that only six banks paid N1.27 trillion in dividends despite declaring huge profits.

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This same review also notes that another Vanguard headline features the Joint Admissions and Matriculation Board (JAMB) resolving 5,000 complaints in just five days.

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Furthermore, Vanguard reports that the Debt Management Office (DMO) disclosed that Nigeria spent a substantial N3.1 trillion on domestic debt servicing in the first quarter of 2026.

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A switch to The Guardian reveals a story about how insecurity and low return on investment are hindering digital access and connectivity in 18 states.

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The Punch leads with a story about the Presidency responding to former Vice President Atiku Abubakar’s claim that 5,091 Nigerians were killed in violent incidents over three months, which he viewed as an indictment on President Bola Tinubu’s government.

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In its response, the Presidency insists that security agencies killed more than 13,000 terrorists and rescued thousands of Nigerians from captivity during the same period.

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Meanwhile, The Nation reports that Nasarawa State Governor Abdullahi Sule has come out to say that President Bola Tinubu “took the bullet” for states and local councils regarding the removal of fuel subsidies.