Business

  Global credit rating agency, Fitch Ratings, has affirmed Fidelity Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ and upgraded its National Long-Term Rating to ‘A+(nga)’ from ‘A(nga)’. The upgrade, announced on May 29, 2025, reflects the bank’s strengthened capital buffers and improved profitability, signaling continued positive momentum in …

The trial of Mallam Ahmed Kuru, a former managing director of the Asset Management Corporation of Nigeria (AMCON), over alleged fraud amounting to N76 billion and $31.5 million, has been adjourned until June 4, 2025, by Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos. Kuru is …

By Abiodun Alade In a world where wealth often cloaks itself in private luxury, Aliko Dangote has chosen instead to wrap his fortune in the fabric of legacy – woven through classrooms, lecture halls, dormitories, and the dreams of generations to come. From the bustling streets of Lagos to the …

Nigeria’s National Counter Terrorism Centre (NCTC), operating under the Office of the National Security Adviser, has summoned Amnesty International Nigeria over an upcoming report it claims misrepresents the country’s security situation under President Bola Tinubu. In a letter dated May 28, 2025, and addressed to Amnesty’s Director, the NCTC expressed …

Telecommunications and digital services provider, Globacom, has partnered with the Federal Ministry of Communications, Innovation and Digital Economy and Huawei Nigerian Enterprises, to provide digital access to 7,000 remote communities in Nigeria with the commissioning of the pilot project in Isuanin Kura in Ibwa 2, Gwagwalada, on the outskirts of …

  For their continued loyalty and patronage, Dangote Cement Plc has rewarded its distributors and customers with various choice gift items and cash worth N11 billion. At the 2025 edition of its Customers Awards & Gala Nite held in Lagos, a premium celebration dedicated to recognising and rewarding its highest-performing …

Orange Corners Nigeria (OCN), an initiative of the Kingdom of the Netherlands, implemented by FATE Foundation, welcomed Stanbic IBTC, a leading financial services provider in Nigeria, as a private partner. This partnership marks a significant milestone in the programme’s mission to support young entrepreneurs in Nigeria with the skills, knowledge, …

  Airtel Nigeria, a leading telecommunications service provider and subsidiary of Airtel Africa, has announced that its AI-powered Spam Alert Service issued over 9.6 million spam alerts between March 13 and May 20, 2025.   As part of its ongoing commitment to protecting customers from unwanted and potentially fraudulent communications, …

  For its outstanding financial performance and strategic growth, Fidelity Bank Plc, a leading tier-one financial institution, has been honoured with the Most Improved Commercial Bank of the Year award at the inaugural Nairametrics Capital Market Choice Awards. Organized by Nigeria’s premier financial media platform, Nairametrics, the awards were launched …

  In a vibrant celebration of this year’s Children’s Day, leading financial institution Fidelity Bank Plc unveiled its Read2Lead Anthology—an inspiring collection of essays written by young Nigerians as part of the bank’s flagship literacy initiative. Held at the Fidelity Grounds in Oniru, Lagos, the event was themed “The Fidelity …