Africa needs to be competitive, says Chike-Obi, Fidelity Bank's Chairman
Africa needs to be competitive, says Chike-Obi, Fidelity Bank's Chairman Africa needs to be competitive and efficient in its area of strength, according to Mustafa Chike-Obi, the Chairman of Fidelity Bank, who spoke with CNBC Africa's Kenneth Igbomor on the sidelines of the AFREXIMBANK Annual meetings in Nassau, the Bahamas. Chike-Obi emphasized the importance of focused and sharp leadership in harnessing the continent's strengths to achieve prosperity. He highlighted the need for Africa to identify areas of competitive advanta…
Rite Foods Spices Up Ojude Oba Festival 2024
Rite Foods Spices Up Ojude Oba Festival 2024 Rite Foods Limited, Nigeria's leading food and beverage company says its partnership with the Ojude Oba Festival is a testament to its commitment to promoting and preserving the rich cultural heritage of its communities. The Ojude Oba Festival is an annual cultural display of the array and various dances, troops, and gallantry of the Ijebu people – at the King's Court. This year's edition themed: "Ojude Oba: Peace, Unity and Harmony, Our Gifts" was celebrated on Tuesday, 18th…
Fidelity Bank: Here’s the perfect opportunity to grab your slice
Fidelity Bank: Here’s the perfect opportunity to grab your slice On Thursday June 20, Nigeria’s 6th largest bank, Fidelity Bank Plc will open its public offer and Rights Issue. According to an article on the Businessday website and authored by Iheanyi Nwachukwu, the bank is raising a total of up to N127.100billion by way of a Rights Issue to existing shareholders and a Public Offer (the Combined Offer). Under the Rights Issue, 3.2 billion ordinary shares of 50 kobo each will be offered in the ratio of 1 new ordinary share for every 10 ordin…
Rivers Crisis: Police Announce Takeover of 23 Council Secretariats, Critical Govt Infrastructure
Rivers Crisis: Police Announce Takeover of 23 Council Secretariats, Critical Govt Infrastructure Following what they described as “breakdown of law and order” at the various local government secretariats in Rivers State yesterday, the police have announced the temporary takeover of all the 23 councils’ secretariats, as well as critical government infrastructure in the state. The police also confirmed the death of two persons in Eberi-Omuma, Omuma Local Government Area, including an officer and an unnamed local security guard, popularly known…
Political Marginalisation of Igbos a Dangerous Trend, Salis Warns
Political Marginalisation of Igbos a Dangerous Trend, Salis Warns Former gubernatorial candidate of the Alliance for Democracy (AD) in Lagos State, Chief Owolabi Salis, has warned that the continuing marginalising of the South East and other minorities in the political equation of Nigeria is a time bomb that is about to explode. Salis who said this in a statement insisted that the trend “is a potential time bomb capable of causing incalculable damage to the advancement of the nation,” even as he stressed that “no nation pushes the issue of ma…
Access Bank PLC Breaks Ground on 60 Additional Classrooms in Kaduna, Seeks to Double Child Enrolment
Access Bank PLC Breaks Ground on 60 Additional Classrooms in Kaduna, Seeks to Double Child Enrolment Access Bank PLC, one of Africa’s leading financial institutions, has continued to demonstrate its commitment to education and community development, breaking ground for the construction of 60 additional classrooms in Maraban Jos, Kaduna. This development, which took place on the sidelines of the 2024 Access Bank Charity Polo Tournament, builds on the Bank’s previous efforts having commissioned 30 blocks of 2 classrooms each at the tourname…
BREAKING: Police Rescue Abducted Fouani Brothers in Lagos
BREAKING: Police Rescue Abducted Fouani Brothers in Lagos The Lagos Police Command has rescued the three abducted Fouani brothers, Abbas Fouani, Youssef Fouani, and Amtal Fouani. The brothers, who are part of the prominent Fouani Nigeria Ltd family, were kidnapped on June 14 around 6 pm while travelling by boat from their factory. Fouani Nigeria Ltd, a leading electronics company, is the sole distributor of LG, Hisense, and Maxi products in Nigeria. It was reported that the Monday night rescue was disclosed by the police spokesperson in the…
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