Fidelity Bank Partners NIYEEDEP to Empower 6million Youths
Fidelity Bank Partners NIYEEDEP to Empower 6million Youths Leading financial institution, Fidelity Bank Plc, has announced its selection as one of the partner banks for the Nigeria Youth Economics Engagement and De-Radicalization Programme (NIYEEDEP)”. NIYEEDEP (Nigerian Youth Economic Engagement and De-Radicalization Programme), is an initiative of the Federal Ministry of Youth Development, in collaboration with the Nigerian Senate, through its committee on Sports Development. The primary aim of the initiative is to empower Nigerian Youths fo…
ADVERSE EFFECTS OF HIGH INTEREST RATE SPREADS ON THE NIGERIAN ECONOMY
ADVERSE EFFECTS OF HIGH INTEREST RATE SPREADS ON THE NIGERIAN ECONOMY By Mustafa Chike Obi & Adetilewa Adebajo Introduction The interest rate spread is the difference between the interest rates charged on loans and the interest rates paid on deposits. This has been an area of concern since the Nigerian banking liberalisation regime. The unusually wide spreads in comparison to regional and global banking institutions, suggests there are intrinsic and systemic inefficiencies within the Nigerian banking system and distortions in the economy…
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Airtel CEO Reaffirms Commitment to Excellent Service Experience Following Tariff Adjustment Approval
Airtel CEO Reaffirms Commitment to Excellent Service Experience Following Tariff Adjustment Approval LAGOS-JANUARY 30, 2025: Airtel Nigeria, one of the country’s top telecommunications providers, has reaffirmed its commitment to delivering superior customer service following the Nigerian Communications Commission’s (NCC) recent approval of a 50% tariff adjustment across the industry. The NCC, in addition to approving the new tariff, also mandated that operators meet all quality-of-service (QoS) benchmarks in providing service to customers. Ai…
Aburime Extols Soludo's Holistic Approach to Anambra Security, Calls for Public Appreciation of Strategic Thinking
Aburime Extols Soludo's Holistic Approach to Anambra Security, Calls for Public Appreciation of Strategic Thinking Governor Charles Soludo's excellent approach to tackling the security challenges in Anambra State has been commended by his Chief Press Secretary, Christian Aburime, who urged Nigerians to value strategic thinking over quick fixes. Aburime said that while Governor Soludo faced intense criticism from opposition politicians and religious figures regarding the state's security challenges, he remained focused on taking a h…
CNN’s Marketplace Africa meets Chidi Ajaere
CNN’s Marketplace Africa meets Chidi Ajaere In the latest episode of Marketplace Africa, CNN highlights the work of Chidi Ajaere, the Executive Chairman of Greatman Legend. The company started as a homegrown logistics business in Nigeria and has grown into a broader technology conglomerate operating out of multiple countries. Formerly known as the GIG-Group, Ajaere begins the interview by explaining the development of his company, “We've grown from a small transport company run out of just Benin, Asaba, and Lagos. And we have metamorphosed…
Fidelity Bank Chairman, Chike-Obi Honoured with Lifetime Achievement Award
Fidelity Bank Chairman, Chike-Obi Honoured with Lifetime Achievement Award For his exceptional leadership and contributions to banking and finance, the Board Chairman of Fidelity Bank Plc, Mr Mustafa Chike-Obi, has been presented the Lifetime Achievement Award at the Thisday Awards. At a well-attended event featuring leaders across Nigeria’s public and private sectors, the erudite banking professional joined a host of awardees who were recognized for their leadership across various sectors of the economy. Lauding the event organisers for the …
African Humanitarian Awards Recognizes Adedolapo Osuntuyi’s Work in Education
African Humanitarian Awards Recognizes Adedolapo Osuntuyi’s Work in Education Adedolapo Osuntuyi, Executive Director of the Dolly Children Foundation, earned the African Humanitarian Award in the "Education Champion" category on January 26, 2025, at the Sheraton Hotel in Lagos. The award celebrates her unrelenting commitment to empowering poor children in Africa via education. The African Humanitarian Awards, hosted on January 26, 2025, at the Sheraton Hotel in Ikeja, Lagos, honor those who have made significant contributions to huma…
Ikenga Community Leaders Commend Soludo on New 10.95 Kilometers Road
Ikenga Community Leaders Commend Soludo on New 10.95 Kilometers Road The community leaders of Ikenga community in Aguata Local Government Area of Anambra state have applauded the infrastructure drive of Governor Charles Soludo, with the completion of the 10.95 kilometers road that connects the Igboukwu, Ikenga, Ekwulobia, and Ezinifite communities. This is a reflection of Governor Soludo's ongoing economic and infrastructure transformation of Anambra which spans through key sectors of the state's economy, and as contained in his 2025 b…
Access Bank to Host Pioneering Africa Trade Conference in Cape Town
Access Bank to Host Pioneering Africa Trade Conference in Cape Town Cape Town, South Africa – January 29, 2025: Access Bank PLC is set to host its first-ever Africa Trade Conference (ATC), a landmark event focused on advancing Africa’s economic transformation under the theme, ‘Empowering Africa Through Trade, Innovation, and Sustainable Growth’. Scheduled for March 12, 2025, in Cape Town, South Africa, the conference is poised to bring together the most influential voices in trade, finance, and policy to address the future of commerce across t…
Sec. Blinken: Ceasefire-hostage deal is “on the basis of the plan that President Biden put forward back in May”
Sec. Blinken: Ceasefire-hostage deal is “on the basis of the plan that President Biden put forward back in May” In his final TV interview in office, US Secretary of State Antony Blinken told CNN’s Christiane Amanpour that the Gaza ceasefire and hostage release deal is based on President Joe Biden’s proposal from May of last year. Speaking just hours before sources confirmed to CNN that both Israel and Hamas have agreed to the deal, Blinken explained: “Two things: it’ll be on the basis of the plan President Biden put forward back in May and tha…
Sterling One Foundation’s Education Interventions Propel Progress Amid Global Focus on AI, Learning
Sterling One Foundation’s Education Interventions Propel Progress Amid Global Focus on AI, Learning With the transformative role of technology in education more critical now than ever, this year’s theme for the International Day of Education, “AI and Education: Preserving Human Agency in a World of Automation,” highlights the need for inclusive and technology-driven education systems. According to UNICEF, Nigeria’s education system continues to face significant challenges, with the number of out-of-school children rising to 18.3 million. This …
Union Bank Rewards 360 Customers with N21 Million in First Save and Win Palli Promo 4 Draw
Union Bank Rewards 360 Customers with N21 Million in First Save and Win Palli Promo 4 Draw Lagos, Nigeria – Union Bank, Nigeria’s leading financial institution, has kicked off its Save and Win Palli Promo 4campaign on a high note following the announcement of its first set of winners in its inaugural monthly draws. The first live draw of this season, which took place at the Bank’s Head Office in Marina, Lagos, rewarded 60 customers with ₦100,000 each. Additionally, 300 other winners went home with ₦50,000 worth of gift vouchers during the i…
NESG Appoints Wole Adeniyi, Mohamad Darwish, and Olusegun Alebiosu as Board Members
NESG Appoints Wole Adeniyi, Mohamad Darwish, and Olusegun Alebiosu as Board Members The Nigerian Economic Summit Group (NESG) has announced the appointment of three leaders, Mr Wole Adeniyi, Mr Mohamad Darwish, and Mr Olusegun Alebiosu, to its board of directors. These appointments reflect the NESG's steadfast dedication to promoting visionary leadership and strengthening partnerships with key business leaders and private sector stakeholders. The addition of these accomplished professionals is expected to drive strategic initiatives aimed …
Access Bank Clinches THISDAY’s ‘Global Bank of the Year’ Award, Aig-Imoukhuede is Named ‘Titan of the Year’
Access Bank Clinches THISDAY’s ‘Global Bank of the Year’ Award, Aig-Imoukhuede is Named ‘Titan of the Year’ Access Bank PLC (‘the Bank’), the flagship subsidiary of Access Holdings PLC (‘the Company’), has been honoured with the prestigious THISDAY Global Bank of the Year award for 2024, recognising its significant impact on the global banking landscape. In addition, Aigboje Aig-Imoukhuede, Chairman of Access Holdings, received the distinguished THISDAY Titan of the Year award for his exceptional contributions to the banking sector in 2024. PH…
Julius Berger is a beacon of excellence in Infrastructure development – Quantity Surveyors
Julius Berger is a beacon of excellence in Infrastructure development – Quantity Surveyors L-R: Chief Risk Officer, Julius Berger Nigeria Plc, Shakira Mustapha, Director General, NIQS Foundation, QS Dr. Celestina N Eke, Director, Administration, Julius Berger Nigeria Plc, Alh. Dr. Abdulaziz Kaita, Chairman, NIQS BOT, Olusegun J. Ajanlekoko and BOT member, Rabiu Suleiman Yusuf making a presentation to Julius Berger Nigeria Plc . A group photograph by the visitors and members of Team Julius Berger at the event, Thursday A group of certified Quan…
DG, Nigeria-China Strategic Partnership Celebrates with Chinese Lunar New Year
DG, Nigeria-China Strategic Partnership Celebrates with Chinese Lunar New Year As part of the strong economic and bilateral ties with China, the Director-General of the Nigeria-China Strategic Partnership (NCSP), Mr. Joseph Tegbe, extended his warmest greetings to the Chinese community in Nigeria and the people of China on the celebration of the Chinese Lunar New Year. Tegbe, in a celebratory message, said "As we mark the beginning of the Year of the Snake, we reflect on the strong bonds of friendship and cooperation between Nigeria and C…
Dangote sets to buy 12m barrels of crude oil from United States for refinery operations
Dangote sets to buy 12m barrels of crude oil from United States for refinery operations The Dangote Petroleum Refinery is awaiting up to 12 million barrels of crude oil from the United States. The refinery resorted to crude importation as local supply challenges hindered the new $20bn refinery’s push to reach full refining capacity. Recall that the refinery plans to reach its 650,000 barrels per day capacity in June this year. However, low local crude supply from the Nigerian National Petroleum Company Limited is currently a challenge to this …
The NPA Lagos International Polo Tournament Returns with GTCO as Headline Sponsor
The NPA Lagos International Polo Tournament Returns with GTCO as Headline Sponsor Lagos, Nigeria – 28 January 2025 – Guaranty Trust Holding Company Plc (GTCO) is proud to be the headline sponsor of the 2025 NPA Lagos International Polo Tournament. The highly-anticipated Polo Series will be held at the prestigious Lagos Polo Club, Ikoyi, from 4th to 23rd February 2025. A staple in Nigeria’s sporting and social calendar, the NPA Lagos International Polo Tournament is celebrated for its rich heritage, thrilling competitions, and vibrant atmospher…
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