Tag: Banking,
Fidelity Bank Recorded N434bn Gross Earnings in Q1 2026 — Up by 37%
Lagos, Nigeria — May 27, 2026 Fidelity Bank Plc has announced a strong financial performance for the first quarter of 2026, recording gross earnings of N434.95 billion, representing a 37.9 percent increase compared to the N315.42 billion posted during the same period in 2025.The bank disclosed this in a statement released on Tuesday, attributing the…
NIGERIA, USA DEEPEN COOPERATION ON SECURITY, COUNTERTERRORISM AS RIBADU MEETS VP VANCE, RUBIO
WASHINGTON D.C., UNITED STATES – MAY 9, 2026 Nigeria and the United States are moving forward in deepening cooperation on security, counterterrorism, regional stability, and strategic partnership following a series of high-level engagements in Washington D.C.A statement by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, disclosed that Nigeria’s National Security…
Reps Approves $516 Million Loan Request For Sokoto–Badagry Super Highway
Abuja, Nigeria — April 29, 2026 The House of Representatives has approved a $516 million loan request by Bola Ahmed Tinubu to finance critical sections of the proposed Sokoto–Badagry Super Highway.The approval followed deliberations by lawmakers, who expressed support for the project as a strategic infrastructure investment aimed at boosting national connectivity and economic growth….
EFCC Chairman Pledges Strict Enforcement of Financial Regulations to Cleanse Nigeria’s Banking Industry
Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has committed to rigorously enforcing financial regulations in a bid to clean up Nigeria’s banking sector. Speaking at the Chartered Institute of Bankers of Nigeria’s (CIBN) Annual Banking and Finance Conference, Olukoyede issued a stern warning to senior officials involved in financial misconduct, stressing…