​Fidelity Bank Plc has successfully issued 10 years N41.21 billion in fixed rate unsecured subordinated bond at a 8.5 percent coupon rate due in 2031. The bond issuance which was fully subscribed given that total investor interest and commitments in the bonds were N56.6 billion, adds to the impressive portfolio of landmark transactions structured by the bank, and underscores its capacity to ... Read More »

  Members of the Senior Staff Association of Nigerian Universities (SSANU) and Non-Academic Staff Union (NASU), Obafemi Awolowo University (OAU), Ile-Ife chapter, yesterday protested non-payment of their allowances. They stormed the main gate of the institution around 10:15am and shut it, chanting anti-management songs. The protesters later shut other gates leading to the school before barricading the staff quarters. The ... Read More »

BY: SUNDAY ADEBAYO It is no longer news that Abdulrasheed Bawa is on his way to becoming the new chairman of the Economic and Financial Crimes Commission, EFFC as nominated by President Muhammadu Buhari, pending the Senate’s approval. This relatively unknown young man appears to be the perfect match for the country’s fight against corruption, both in the low and ... Read More »

President Muhammadu Buhari has nominated Abdulrasheed Bawa as substantive chairman of the Economic and Financial Crimes Commission, (EFCC). The President’s nomination was contained in a letter to the President of the Senate, Dr Ahmad Lawan, requesting the Upper Chamber of the National Assembly to screen and confirm Bawa for the position. A statement by Special Adviser to the President on ... Read More »

Justice Chigozie  Igwe of the Rivets State High Court sitting in Port Harcourt has sentenced the killer of Jumia delivery agent Chukwuma Eleje to death either by hanging or firing squad. Sodienyem Mbatumukeke killed Eleje, 37, in Port Harcourt about four years ago when the latter delivered an ordered iPhone to Mbatumukeke’s house. His remains were later found in a ... Read More »

  Fidelity Bank has successfully issued 10 years N41.21 billion in fixed rate unsecured subordinated bond at a 8.5 percent coupon rate due in 2031. The bond issuance which was fully subscribed given that total investor interest and commitments in the bonds were N56.6 billion, adds to the impressive portfolio of landmark transactions structured by the bank, and underscores its ... Read More »

On Sunday February 2021, primate Ayodele Honoured As His Annual Thanksgiving and Empowerment Event Holds The leader of INRI Evangelical spiritual church, Primate Elijah Ayodele has been honoured at his annual thanksgiving and empowerment ceremony which was held yesterday in Lagos. The record-breaking event was honored with several dignitaries across the globe; which had the presence of the Minister of Interior, ... Read More »

You’ve got Firstmonie Wallet on your phone? Did I hear you say Yes… then, count yourself lucky because your first daily recharge and data subscription between 13 – 15 February will give you the opportunity to speak more to your loved ones, or spend more time on your favourite social media channel. In sharing love this valentine season, Firstmonie Wallet ... Read More »

The Nigerian Bar Association (NBA) has faulted the decision by President Muhammadu Buhari to extend the tenure of the Inspector General of Police (IGP), Mohammed Adamu. The association has consequently sued the government at the Federal High Court in Lagos to compel a reversal of the purported tenure extension. The suit, marked: FHC/L/CS/214/2021 has as defendants – the President of ... Read More »

*Strikes out suit by CBN Governor A Federal High Court in Abuja has set aside the order it made on November 4, 2020 freezing accounts linked with some promoters of the #EndSARS protest that took place across the country last year. Justice Ahmed Mohammed, in a ruling on Wednesday ordered all affected banks to immediately defreeze the affected accounts. Justice ... Read More »