Fidelity Bank appoints Onwughalu as Chairman following completion of Chike-Obi’s tenure Tier one lender, Fidelity Bank Plc, has announced the completion of the tenure of Mr. Mustafa Chike-Obi as Chairman of its Board of Directors effective December 31, 2025, and the appointment of Mrs. Amaka Onwughalu as the new Chairman of the Board, effective January 1, 2026. The board transitions are in alignment with the Bank’s policy and have been communicated to the Central Bank of Nigeria, the Nigerian Exchange Group, and other stakeholders. Under Mr…
FirstBank Hosts Nigeria Economic Outlook 2026, Leads Conversation on Economic Growth Lagos, 2 January 2026 – FirstBank, West Africa’s premier financial institution and financial inclusion service provider is pleased to announce the Nigeria Economic Outlook 2026 scheduled to hold on Tuesday, 6 January 2025. The theme of the session is “The Great Calibration: Mastering Resilience in an Era of Asynchronous Growth” Nigeria Economic Outlook is an annual customer-facing session which sets the tone on prevailing economic realities, equipping Firs…
Nigeria Reaffirms Her Commitment To Nigeria-China Strategic, Bilateral Trade and Economic Partnership Nigeria reflects positively on the progress of Nigeria–China relations over the course of 2025, following the elevation of bilateral ties to a Comprehensive Strategic Partnership, as agreed by His Excellency President Bola Ahmed Tinubu, GCFR, and His Excellency President Xi Jinping during the state visit to China in September 2024. The past year has seen sustained engagement at political, economic, and technical levels, reinforcing a relat…
GTCO RAISES N10 BILLION IN PRIVATE PLACEMENT Lagos, London – December 30, 2025: Guaranty Trust Holding Company Plc ("GTCO" or the "Company") has obtained the approvals of both the Central Bank of Nigeria (“CBN”) and the Securities and Exchange Commission to undertake a private placement of its ordinary shares, subject to the fulfilment of the applicable conditions precedent and regulatory requirements. The Financial Holding Company had earlier on August 29, 2025 announced that its banking subsidiary (Guaranty Trust Bank…
Governor Soludo Signs Anambra 2026 Appropriation Budget into Law Alongside Three Additional Bills In a landmark move to set Anambra State on a path of steady growth and development, Governor Chukwuma Charles Soludo has signed the 2026 Appropriation Bill into law, alongside three other significant legislations. The signing ceremony held at the Light House in Awka heralds a new chapter in the state’s fiscal management and governance. The 2026 Appropriation Law, which saw its budget increased from seven hundred and fifty-seven billion naira to…
AltBank Supports Teachers as Nigeria Confronts Deepening Classroom Crisis Lagos, Nigeria – 29 December 2025 In a direct response to the declining access to trained educators across Nigeria, The Alternative Bank (AltBank) partnered with the Busayo Ademuyiwa Foundation (BAF) to host the 2025 BAF Teachers’ Conference in Lagos. The concentrated, one-day intervention was designed to strengthen the capacity of frontline educators. The event delivered hands-on training to hundreds of primary and secondary school teachers drawn from underserved comm…
Pepsi Reinforces Its Cultural Leadership This December as Baba for the Streetz With December festivities in full swing, Pepsi is reaffirming its leadership in Nigeria’s entertainment and youth culture landscape, further strengthening the reputation that has earned it the title 'Baba for the Streetz.' The brand’s continued investment in music, culture and consumer-driven experiences remains central to its identity and longstanding connection with young Nigerians. “Pepsi has been one of the most prominent champions of Afrobeats, recogn…
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