Fidelity Bank Provides Critical Funding Support to Abuja Special Needs Orphanage L-R: Deputy President, Valorem Inductees Class, Fidelity Bank Plc, Olamide Wilson; Team Lead, Corporate Social Responsibility (CSR), Fidelity Bank Plc, Victoria Abuka; Director, JKS Special Needs Academy, Abuja, Nifemi Ajileye; Team Lead, Human Resources Business Partner, Abuja and North, Fidelity Bank Plc, Aishatu Sambo; and President, Valorem Inductees Class, Fidelity Bank Plc, Ekeh Adaora; at the Fidelity Helping Hands Programme (FHHP) CSR Outreach in Abuja rec…
Power Sector Has No Quick Fix, Reforms Will Be Transparent Under My Watch – New Minister of Power, Joseph Tegbe The Ministerial-Designate for Power, Joseph Olasunkanmi Tegbe, has pledged to transform the power sector through high levels of transparency in his reforms to resuscitate the sector, which has been plagued by incessant national grid collapses and power failures Tegbe, who spoke during the Senate screening on Wednesday, 6th May, 2026, acknowledged persistent challenges across the power value chain, noting that while there is no “quick…
Julius Berger retains top spot in West Africa’s construction and Infrastructure sector ...Wins Best Construction and Infrastructure Company of the Year (West Africa) for the second time For the second consecutive year, leading engineering and construction firm, Julius Berger Nigeria PLC, has emerged as the Best Construction and Infrastructure Company of the Year (West Africa). The award was presented on Thursday in Lagos. Organised by the West Africa Innovation Awards, the recognition saw Julius Berger outperform competitors including Michelet…
Unity Bank Disburses Over N500 Million Through SHOCOF to Support Traders LAGOS.08.05.2026. As part of efforts to promote SMEs and strengthen support for operators in the informal sector, Unity Bank has continued to empower small-scale traders and shop owners across Nigeria through its initiative called Shop Collateralised Facility, SHOCOF. SHOCOF is an innovative loan product, and Unity Bank has disbursed over N500 million to beneficiaries, significantly improving access to financing, and further driving financial inclusion. Originally intro…
FirstHoldCo Sustains Strong Q1 Momentum As Gross Earnings Hit N942bn …Profit Rises to N321bn; FY Revenue Tops N3.4tn FIRST HOLDCO PLC GROWS GROSS EARNINGS TO ₦3.4 TRILLION FOR THE FULL YEAR ENDED DECEMBER 31, 2025 First HoldCo Plc. (“FirstHoldCo” or the “Group”) today announces its audited results for the financial year ended December 31, 2025. Financial Highlights Income statement (₦’billion) FY 2025 FY 2024 Δ Gross earnings 3,435.4 3,212.6 +6.9% Interest income 2,994.1 2,397.4 +24.9% Net Interest Income 1,916.9 1,401.3 +36.8% Non-Interest…
TEGBE AT THE SENATE -SETTING THE RECORD STRAIGHT Our attention has been drawn to inaccurate media reports alleging that the Honorable Minister-designate, Joseph Olasunkanmi Tegbe, promised to fix Nigeria’s power grid within three months. This claim is a clear misrepresentation of his remarks. At his Senate screening on May 6, 2026, Mr Tegbe made no such commitment. He stated unequivocally that the timelines are still being worked on and subject to diagnostics and stakeholder engagements. While assuring that initial grid stabilization efforts w…
NCC and Cameroon’s ART Hold Regulatory Benchmarking Meeting in Abuja with DG Philemon Zoo Zame and CEO Aminu Maida Philemon Zoo Zame, Director General, Telecommunications Regulatory Board (ART), Republic of Cameroon, and Aminu Maida, Executive Vice Chairman/CEO, Nigerian Communications Commission (NCC), during a benchmarking exercise at the NCC Head Office in Abuja on May 6, 2026.
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