…Analysts say the initiative will reduce inflation and create jobs A recent initiative by the Dangote Petroleum Refinery, which includes the distribution of Premium Motor Spirit (PMS) and diesel to marketers, petrol dealers, manufacturers, telecommunications companies, the aviation sector, and other large-scale users across the country, with free logistics support …
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Samer Chedid, CEO of Nestlé Indonesia has been appointed CEO of Nestlé Central and West Africa (CWAR) replacing Mauricio Alarcón who has taken on a new role within the Nestlé group. A business leader with diverse experiences across Nestlé including Middle East, Asia, and Africa, Mr. Chedid is no stranger …
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Fidelity Bank Plc (“the Bank”) refers to the recent circular issued by the Central Bank of Nigeria “CBN” (Reference No. BSD/DIR/CON/LAB/018/008) concerning regulatory forbearance on Single Obligor Limit (SOL) and other credit facilities and wishes to provide the clarifications below to its esteemed shareholders, NGX Regulation Limited (NGX RegCo), …
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Development is a crucial goal for every community striving for a better quality of life, improved infrastructure, and sustainable economic growth. Unfortunately, many local communities continue to face setbacks due to the persistent activities of what can best be described as the “enemies of development” and Oshodi is not …
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Lagos, Nigeria – June 16, 2025 – Our attention has been drawn to a publication on Sahara Reporters website titled, “Fidelity Bank MD Onyeali-Ikpe Confesses to Paying ₦5Billion To Avoid Police Detention Amid Over ₦19Billion Fraud Probe”. We would like to categorically state this story is patently false …
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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 promises a reform-focused era anchored on policy advocacy, ethical standards, and digital innovation to deepen risk governance across sectors in the …
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A High Court of the Federal Capital Territory (FCT) on Monday granted bail in the sum of ₦2 billion to Godwin Emefiele, a former Governor of the Central Bank of Nigeria (CBN), Justice Halilu Yusuf, while delivering the ruling, granted the bail following Emefiele’s arraignment on an eight-count charge. He …
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Tensions are boiling within the All Progressives Congress (APC) as a rumoured plan to drop Vice President Kashim Shettima from the 2027 presidential ticket begins to tear at the party’s seams. Although the next general election is still two years away, the controversy has already triggered violent clashes, protests, and …
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The National Emergency Management Agency ( NEMA) says 6,527 people have been displaced in different attacks by gunmen in Benue. The agency said the figure included nursing mothers, pregnant women, and the elderly, among others. NEMA made this revelation in the aftermath of the Saturday attack on Yelewata community in …
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President Bola Tinubu has rescheduled his official visit to Kaduna State. Instead, he will travel to Benue State on Wednesday, June 18, 2025, as part of renewed efforts to foster peace and address the persistent conflict affecting communities in the state. The President’s visit aims to assess firsthand the recurring …
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