Fidelity Bank Plc is making impressive strides on its path to fulfilling the recapitalization targets set by the Central Bank of Nigeria (CBN). With a successful first phase of its capital-raising initiative that recorded over 238% over subscription and share price growth of over 100% evidencing a huge surge in investor confidence for the bank. Following the successful completion of ... Read More »

Inflation reduced to 24.48 per cent in January 2025, according to the National Bureau of Statistics (NBS). The Statistician of the Federation and the CEO of NBS, Prince Adeyemi Adeniran, made this known in a briefing in Abuja on Tuesday. He also said food inflation was 26.08 per cent year-on-year. According to him, the new figure was as result of ... Read More »

Our attention has been drawn to a publication by the Department of State Security (DSS) regarding a letter dated 14th February 2025, “Enhanced Security Measures for LSHA,” Earlier today, lawmakers and staff of the Lagos State House of Assembly arrived at the Assembly complex to find the offices of the Speaker, the Deputy Speaker, and the Acting Clerk of the ... Read More »

…commends his service to Nigeria President Bola Ahmed Tinubu has congratulated former Kaduna State Governor, Mallam Nasir Ahmad El-Rufai, on the occasion of his 65th birthday, praising his contributions to governance, democracy, and national development. In a statement released on Sunday by his Special Adviser on Information and Strategy, Bayo Onanuga, Tinubu lauded El-Rufai as a dedicated administrator, scholar, and ... Read More »

Anabela Rungo, the mother of Chidimma Adetshina, Miss Universe Nigeria, has been arrested by South African authorities for allegedly obtaining a South African identity document through fraudulent means. Rungo, a Mozambican national, was apprehended in Cape Town in a joint operation by Home Affairs investigators and the South African Police Service. According to the spokesperson of Department of Home Affairs, ... Read More »

Lagos gears up for the highly anticipated Access Bank Lagos City Marathon on Saturday, February 15, 2025, excitement and emotion run high. This year’s edition is much more than a race, it is a moving tribute to legacy and a celebration of resilience. Under the evocative theme “Miles to Memories,” every stride taken by the runners transforms physical distance into ... Read More »

Guaranty Trust Bank Ltd has announced the removal of processing fees on all GTBank POS terminals, reinforcing its commitment to supporting businesses with cost-effective payment solutions. This initiative, which took effect Tuesday, 11 February 2025, communicates that merchants using GTBank POS terminals will no longer incur Merchant Service Charges (MSC) when receiving payments from customers. With this initiative, all qualifying ... Read More »

………..Foreign Engagements Boost Nigeria’s Maritime Growth, Says Oyetola Nigeria’s maritime sector is experiencing renewed global attention and investment, thanks to the strategic foreign engagements of the Minister of Marine and Blue Economy, His Excellency Adegboyega Oyetola. Since assuming office, Oyetola has embarked on a series of international trips aimed at transforming Nigeria’s marine economy, enhancing port efficiency, securing foreign direct ... Read More »

Rivers Speaker Martins Amaewhule has said that with Monday’s Supreme Court judgement, the end of what he described as Governor Siminalayi Fubara’s ‘rascality’ is near. Reacting to the Monday’s judgement that dismissed the Governor’s appeal, Amaewhule in a statement by His Special Assistant on Media, Martins Wachukwu traced the genesis of the Supreme Court’s judgement. Amaewhule recalled that the Federal ... Read More »

A five-man panel of the Supreme Court, led by Justice Uwani Abba-Aji, has dismissed an appeal filed by Rivers Governor, Siminalayi Fubara, challenging the leadership of the Rivers House of Assembly under Speaker Martin Amaewhule. Delivering the ruling, Justice Abba-Aji imposed a cost of ₦2 million against Governor Fubara, payable to the Rivers Assembly as the first respondent and Speaker ... Read More »