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The board of FBN Holdings Plc has approved the appointment of Mr Nnamdi Okonkwo, as its new Group Managing Director, with effect from January 1, 2022. The News Agency of Nigeria (NAN) reports that this is contained in a statement posted on the Nigerian Exchange Ltd (NGX) website. NAN reports that Okonkwo was the immediate past Managing Director of Fidelity ... Read More »

First Bank of Nigeria Limited, the title sponsor of one of polo’s most prestigious trophy, the Georgian Cup is grabbing all the headlines and attention as the 102nd edition of the competition gets underway in Kaduna. The competition, scheduled to hold 23rd – 30th October 2021 at the Kaduna Polo Club, will feature High Goal teams drawn from across the ... Read More »

Ahead of the commencement of the 26th United Nations Climate Change Conference of the Parties (COP26) in Glasgow, Scotland next week, the GMD/cero of NNPC Ltd, Mallam Mele Kyari has advocated for the consideration of what he calls “energy justice” in the implementation of energy transition.   Discussions on countries transiting to less carbon-intensive energy sources have been gaining momentum in the ... Read More »

The NNPC on Tuesday disowned a fake quiz competition trending online which claims to celebrate its 50th anniversary. In the purported quiz contest, unsuspecting participants are encouraged to answer four questions on their knowledge of the Corporation, with the eventual winner standing the chance of winning some cash reward of up to N30,000. The NNPC wishes to state categorically that ... Read More »

Every other day, social media brings us a picture or video of a dilapidated school somewhere in Nigeria or shares images of a distraught widow, a struggling roadside trader or street hawker, or some other hapless victims of the extremely harsh realities of living in Nigeria. Immediately, as if on cue or automated, viewers launch into stinging attacks of government, ... Read More »

In recognition of its excellent operational efficiency in foreign currency payments, leading financial institution -Fidelity Bank Plc -has been presented the the Straight-Through Processing (STP) Excellence Award by Citigroup. Every year, Citigroup, a leading global bank headquartered in New York and present in more than 160 countries, rewards a select number of banks and financial institutions that showcase the highest ... Read More »

MTN Nigeria has compensated its subscribers with airtime and data due to the outage its consumers witnessed last Saturday. The Chief Executive Officer, MTN Nigeria, Karl Toriola, shared the information with subscribers on Sunday. Toriola, via a video message posted on the company’s YouTube channel with its link sent to all subscribers of the network, apologised for the error. In ... Read More »

Fidelity Bank empower Entrepreneurs to play big in the Non-Oil Export Market For developing countries such as Nigeria to accelerate economic growth, there needs to be greater private sector participation in their export sectors. This was made known by Isaiah Ndukwe, Divisional Head, Export and Agriculture, Fidelity Bank PLC, at the just concluded 11th edition of the Fidelity Bank Export ... Read More »

As a follow-up to its efforts in sustaining the current smooth supply and distribution of petroleum products nationwide within the festive period and beyond, the Nigerian National Petroleum Corporation (NNPC) has engaged critical stakeholders so as to find lasting solutions to the road network challenges and other lingering issues. It would be recalled that following NNPC’s intervention over the weekend, ... Read More »

The Nigerian National Petroleum Corporation calls on Petroleum Tanker Drivers to, in the interest and welfare of the Nigerian people call off its planned strike action. The strike is about the condition of roads in various parts of Nigeria which are used for the distribution of goods and services including petroleum products. However, even though it is not the responsibility ... Read More »