Ponzi Scheme Operator nabbed for N2billion Fraud
Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested Ahamba Tochukwu, Chief Executive Officer, CEO, Gavice Logistics Limited for allegedly defrauding several investors in his logistics investment schemes to the tune of N2,000,000,000( Two billion Naira only). Tochukwu, through Gavice Logistics Limited, rolled out elaborate investment pla…
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Sterling Bank Marks One Year Of Africa’s Groundbreaking Core Banking System
Number one Best Workplace in Banking in Nigeria and recognised as Africa’s most agile company, Sterling Bank Limited celebrated the first anniversary of SeaBaas, the revolutionary core banking system designed and built in Africa. In just twelve months since its go-live, SeaBaas has processed over 2 billion transactions, reduced processing times by about 60%, and dri…
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Dangote denies owning truck that caused the Enugu accident
…Says investigation shows owner as Visco Investment Global Limited The Management of Dangote Industries Limited, (DIL), has clarified that the truck involved in the recent accident in Enugu State is not owned by the Dangote Group. Investigations have revealed that the vehicle belongs to Visco Investment Global Limited, a third-party operator. We are actively engag…
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Union Bank of Nigeria Completes Merger with Titan Trust Bank
Union Bank of Nigeria, one of the nation’s longest-standing financial institutions, today announced the successful completion of its merger with Titan Trust Bank Limited, following final approval from the Central Bank of Nigeria (CBN). This milestone concludes a process that began with the signing of a Share Sale Agreement in 2021 and positions Union Bank as an even …
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Fidelity Bank Plc Champions Africa’s Export Growth at FNITCC Atlanta 2025
Leading financial institution, Fidelity Bank Plc, has announced plans to convene a high-level panel of seasoned experts to chart a strategic roadmap for promoting African exports in global markets. The panel session, titled “Laying the Tracks: Strengthening the Institutional Infrastructure for Africa’s Trade Promotion,” is scheduled for Day 2 of the Fidelity Nigeria …
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Dangote Group to build 3 million metric tons, valued $2.5bn fertiliser plant in Ethiopia
…Will maintain 60% ownership Ethiopian Investment Holdings (EIH), the strategic investment arm of the Government of Ethiopia, and Dangote Group have announced the signing of a comprehensive shareholders' agreement to develop, construct, and operate a world-class urea fertilizer production complex in Gode, Ethiopia. Under the partnership structure, EIH will hold a…
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FG Increases Passport Fees to N100,000 & N200,000
The Nigeria Immigration Service (NIS) has announced a new increase in fees for the Nigerian Standard Passport, effective from September 1. The update was communicated through a statement by SPRO Mr. Akinsola Akinlabi on Thursday, delivered from Abuja. Akinlabi explained that the adjustment aims to uphold the quality and integrity of the Nigerian passport. Under the r…
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Polaris Bank, NCF Partner on Tree-Planting Drive to Combat Carbon Emissions in Rivers
Polaris Bank has partnered with the Nigeria Conservation Foundation (NCF) to launch a tree-planting initiative in Rivers State. The exercise, held at Bodo City Girls Secondary School in Gokana Local Government Area, is part of efforts to combat carbon emissions and promote sustainable environmental practices. Speaking at the event, Polaris Bank's Divisional He…
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Fidelity Bank to Host Eduthrive Conference to Empower School Owners Ahead of New Academic Session
Leading financial institution, Fidelity Bank Plc, is set to convene key stakeholders in Nigeria’s education sector for Eduthrive, an inspiring two-day conference designed to equip school owners with the tools and strategies needed to thrive in the upcoming academic session. Themed “Positioning Your School for Growth,” the event will take place from August 28 to 29…
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LASAA reaffirms commitment to fairness, safety and industry growth
Lagos State Signage and Advertisement Agency (LASAA) has responded to recent apprehensions suggesting a resurgence of heavy-handed regulation and arbitrary enforcement in the State's outdoor advertising sector. While acknowledging the concerns, LASAA sought to reaffirm its commitment to regulatory fairness, industry professionalism and the sustainable growth of…
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Road Safety: 1,500 Dangote Cement Drivers Undergo Screening Exercise
No less than 1,500 Dangote Cement truck drivers have undergone intensive screening exercises to ascertain their mental, psychological and physical fitness for safe driving. Group Managing Director of Dangote Cement Plc, Arvind Pathak disclosed this to journalists after his presentation at the 2025 Annual Drivers Retreat held at Ilaro, Ogun state. He explained that th…
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GAIM 6: Fidelity Bank Unveils 20 New Millionaires in 7th and 8th Monthly Draws
... Rewards Another 29 Customers from the 4th, 5th, and 6th Monthly Draws with Cash Prizes Leading financial institution, Fidelity Bank Plc, has reaffirmed its dedication to financial empowerment and a savings-oriented culture with the emergence of twenty new millionaires in the seventh and eighth monthly draws of its Get Alert in Millions (GAIM) Season 6 Savings Pro…
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PMAN Clarifies: No Shooting on Plot 504; One Suspect Sustained Minor Injury While Fleeing; Police Maintains Lawful Perimeter Protection
Following misleading online claims, PMAN clarifies that no person was shot on the Monaco/Plot 504 site. During a police-supported dispersal of an unlawful incursion, tear gas was deployed. In the ensuing flight, one individual (Yakubu Lawal Omaye) stumbled and sustained a minor knee injury. He is receiving care at the Muhammadu Buhari Police Hospital and, upon discha…
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Veteran Actor, Fabian Adibe dies at 80
Nollywood actor Fabian Adibe, who played a major role in the classic TV series Things Fall Apart, has passed away. Adibe, who celebrated his 80th birthday in February 2025, reportedly died peacefully around 2:30 am on Wednesday, according to a source close to the family. He gained widespread admiration for his iconic portrayal in the adaptation of Chinua Achebe’s Thi…
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GAIM 6: Fidelity Bank Unveils 20 New Millionaires in 7th and 8th Monthly Draws
...Rewards Another 29 Customers from the 4th, 5th, and 6th Monthly Draws with Cash Prizes Leading financial institution, Fidelity Bank Plc, has reaffirmed its dedication to financial empowerment and a savings-oriented culture with the emergence of twenty new millionaires in the seventh and eighth monthly draws of its Get Alert in Millions (GAIM) Season 6 Savings Prom…
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Former PDP National Chairman, Audu Ogbeh dies at 78
A former National Chairperson of the Peoples Democratic Party (PDP), Audu Ogbeh, has passed away at the age of 78. He died on Saturday, according to a statement by his family. "It is with deep sadness that we announce the passing of our beloved husband, father and grandfather; Chief Audu Ogbeh. He passed away on the 9th of August 2025 at the fulfilled age of 78.…
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Dangote Refinery debunks shutdown rumour, says PMS’s gantry price remains N850
The Dangote Petroleum Refinery has firmly dismissed recent reports alleging a shutdown of its operations, reassuring the public and market stakeholders that its activities remain fully active and stable. In an official statement by the Group Chief Branding and Communications Officer, Anthony Chiejina, the refinery’s management categorically denied claims that truck l…
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Sterling Bank Names First Beneficiaries of ₦2B ‘Beyond Education’ Fund
Sterling Bank, Nigeria’s leading financial institution, has announced the first recipients of its ₦2 billion Beyond Education Scholarship, a groundbreaking nationwide initiative designed to fund university education for 600 exceptional young Nigerians and connect them to future careers in high-impact sectors. The announcement reflects a major step in the Bank’s commi…
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Ekiti State Residents Benefit from Fidelity Food Bank Programme
As part of its ongoing commitment to community development and the fight against hunger, leading financial institution, Fidelity Bank Plc has donated hundreds of food packs to residents of Ado-Ekiti, Ekiti State through its flagship Fidelity Food Bank program. The initiative is the bank’s nationwide food intervention aimed at alleviating hunger and cushioning the imp…
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“We are not family”, Fidipote Royal Family clears air on status of alleged imposter
OFTEN a time, a butterfly may think itself a bird. But, it needs to be jolted back to reality that, although, it may have some semblance of wings, which make it fly to some level up in the sky, it is actually not a BIRD! That appears to be the present situation in the royal families of the Fidipote of Ijebu, Ogun State and Odo-Nla, Ikorodu-Lagos, state. Apparently ir…
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