Naira-for-Crude: The Steady Progress
Arabinrin Aderonke Atoyebi The naira for crude policy is one of the smartest and most realistic steps taken to fix Nigeria’s oil and gas sector. It is not just about money. It is a well-planned effo...
National Business
GTBank loses N970m debt case against MKO Abiola’s son, RCN Networks
The Court of Appeal sitting in Lagos has set aside a 2014 judgment of the Federal High Court, which upheld Guaranty Trust Bank Plc’s N970 million outstanding debt claims against RCN Networks Ltd and...
Fidelity Bank distributes Food Packs to 1,500 Mokwa residents affected by flood
In a swift response to the recent flood that tragically displaced many families in Mokwa, Niger State, Fidelity Bank Plc has donated food packs to over 1,500 affected residents through its Food Bank I...
Court jails Ecobank staff for N2.4 million cybercrime
Justice Yellim Bogoro of the Federal High Court sitting in Ikoyi, Lagos, on Monday, June 16, 2025, convicted and sentenced one Solomon Stephen Ufayo, a staff of Ecobank Plc, to one-year imprisonment f...
Fidelity Bank Funds construction of Nigeria’s first privately built Onshore oil export facility in 50 years
In a significant boost to Nigeria’s crude oil production and export capabilities, leading financial institution Fidelity Bank Plc has facilitated the construction of the country’s first privately ...
How N5bn Bond bail signed by Fidelity boss was confused as bribe
Fidelity Bank has dismissed reports alleging that its Managing Director (MD) paid N5 billion in bribes to avoid detention by the police. In a statement released on Monday, the bank explained that the ...
Fidelity Bank ED, Kevin Ugwuoke takes over as President of Risk Managers Association
Kevin Ugwuoke, Executive Director and Chief Risk Officer of Fidelity Bank Plc, has formally assumed office as President of the Chartered Risk Management Institute of Nigeria (CRMI). His leadership pro...
FCCPC summons Air Peace over non-refund of ticket fares
The Federal Competition and Consumer Protection Commission (FCCPC) has summoned the management of Air Peace Limited over a deluge of consumer complaints from across the country relating to the non-ref...
Lagos to enforce e-call-up system for tankers, articulated vehicles on Lekki-Epe
To enhance logistics coordination, ease traffic congestion, and improve road safety, the Lagos State Government has announced the enforcement of an Electronic Call-Up (E-Call-Up) system for tankers an...
Gombe gets N60 Billion out of N120 Billion from FG to establish 184-hectare Agro-Livestock Industrial Zone
The Gombe State Government has received N60 billion from the Federal Government to establish a 184-hectare Agro-Livestock Industrial Zone. Governor Inuwa Yahaya disclosed this during the ground...
EFCC arraigns Sun Trust Bank MD, ED over ‘$12m fraud’
The Economic and Financial Crimes Commission, EFCC on Friday, June 13, 2025 arraigned the duo of Halima Buba and Innocent Mbagwu before Justice Emeka Nwite of the Federal High Court, Abuja for and all...
Young Nigerians to get N2bn Private University Scholarships from Sterling Bank
Nigeria’s most forward-looking financial institution, Sterling Bank, has announced an over ₦2bn commitment for fully-funded private university scholarships for young Nigerians. Unveiled on Democra...
