As part of this year’s International Women’s Day celebrations, the London Business School (LBS) Alumni Community Nigeria hosted a private brunch and fireside chat that placed the spotlight firmly on one of Nigeria’s most impactful business leaders—Dr. Nneka Onyeali-Ikpe, the Group Managing Director and Chief Executive Officer of Fidelity Bank Plc. Held in Lagos, the event gathered an elite group of C-suite executives from across finance, FMCG, investment, and other critical sectors for a powerful conversation on leadership, resilience, and the shared responsibility to “Accelerate Action,” this year’s global Women’s Month theme. But it was Dr. Onyeali-Ikpe’s presence and insights…
Author: Oluwatoyin Mathnuel
Reinforcing its position as one of Nigeria’s most profitable financial institutions, Wema Bank, Nigeria’s oldest indigenous bank, most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has received a unanimous vote of confidence from its shareholders across Nigeria as it disclosed a record-breaking financial performance at its 2024 Annual General Meeting (AGM). The Wema Bank 2024 AGM held virtually in Lagos on Thursday, May 22, 2025. According to the Bank’s 2024 Annual Report, Wema Bank, in 2024, recorded an all-time-high performance, with Gross Earnings growing by 91.51% from N225.75 billion in FY 2023 to N432.34 billion in…
… Ahead of Istanbul, Pune Lagos has been named the fastest-growing tech ecosystem in the world for Y2025 by Netherlands-based research firm Dealroom.co, ahead of Istanbul, Turkey and Pune, India. The organisation, a foremost data provider on start-ups, growth companies, and tech ecosystems around the globe, broke the news in its Global Tech Ecosystem Index 2025 report, which has just been released. According to the report, Lagos is home to five unicorns, comprising Interswitch, Flutterwave, Jumia, OPay, and Moniepoint, which makes the State stand out as an appealing hub for new enterprises. Ranking Lagos under the ‘Rising Stars’ category of Tech…
The Nigerian Exchange Group (NGX) has affirmed that the recent purchase of 18 million units of Fidelity Bank shares by its Managing Director/Chief Executive Officer, Dr. Nneka Onyeali-Ikpe, was conducted in full compliance with applicable regulations. In a letter dated May 22, 2025, the regulator dismissed allegations of insider trading and the misuse of bank funds for the transaction stating “….Following the filing of the Bank’s 2025 Q1 UFS on 30 April 2025, the Directors and other insiders of the Bank became eligible to trade on the securities of the Bank after twenty-four (24) hours. Therefore, the share purchase transaction…
Adron Homes & Properties Ltd. has recently become aware of a serious allegation published by the Foundation for Investigative Journalism (FIJ) on May 22, 2025. The report claims that our company failed to refund a land payment to a client, Mr. Solomon Oludare Akinbo, after he allegedly made full payment for a plot at our Treasure Park and Garden, Phase 2, located in Shimawa, Ogun State. We would like to express our strong disappointment that FIJ did not take the necessary steps to reach out to us for verification of these claims before making such serious allegations. The report contains…
After muted days of buy activities, Nigeria’s stock market recorded early rally on Friday as invested pounced on the stocks of Fidelity Bank Plc. As at 11am, the NGX All Share Index (ASI) was up by 0.19 percent to 109,385.94 points. Fidelity Bank was up to N18.60, after adding N1.255 (6.63 percent). After Thursday’s negative close, Vetiva analysts said in their post trading commentary that, “With market breadth weakening and key sectors under pressure, investors may stay defensive unless renewed buying interest emerges in oversold key names. Barring a strong rebound in the banks or consumer goods space, the market…
The Federal Road Safety Corps (FRSC), Lagos State Sector Command, hereby alerts the general public that 75,259 processed driver’s licenses remain unclaimed across the state. These unclaimed licenses are currently housed at the Motor Vehicle Administration Agency (MVAA) or Board of Internal Revenue (BIR) offices. However, applicants can visit any of the 25 Driver’s License Centers (DLCs) across Lagos State to confirm their license pickup code. Many applicants have completed their biometric capture but have failed to return for their permanent license The FRSC reiterates that possession of a valid driver’s license is not only a legal requirement in Nigeria…
Queen Salawa Abeni , the lady waka queen Shared her traumatic experience of paralysis of six years with a front line media personality coupled with the miracle that restored her life I was ill for about six years. It all began around 2008, and I didn’t fully recover until six years later. During that time, I couldn’t perform or attend any social events—I was completely paralyzed. Walking was impossible, and all I could think about was how to get back on my feet. I prayed to Allah constantly to help me regain what I had lost. What exactly happened? It’s…
Tier-one lender, Fidelity Bank Plc, has recently announced salary increments for its staff following a remarkable full year 2024 financial performance. The salary increase announced in May follows a prior increment from November 2024 and aims to recognize staff contributions in customer service and achieving corporate goals. It will be recalled that the Dr. Nneka Onyeali-Ikpe-led institution recorded the highest growth in year-on-year profitability in the Nigerian banking industry in 2024 with a 210% growth in Profit Before Tax to N385.2 billion. Similarly, the bank recently announced that it was on the verge of closing out on the Central Bank…
Senator Yunus Akintunde the Distinguished Senator representing Oyo Central Senatorial District has sent felicitations messages to Honourable Akin Alabi as he is being approved as the Jagun Olubadan of Ibadanland marking his joining the ladder of promotion on the prestigious Olubadan traditional chieftancy system. In a release made available to the public through Kunle Olatunji the Special Assistant on Media and Publicity to Senator Akintunde, he expressed his best wishes to Hon Akin Alabi whom he described as a beacon of hope for younger generation on leadership as he commenced on the ladder of promotion in this new status within…