The Cable NG reports that the market capitalisation of Fidelity Bank has crossed the N1 trillion mark as the share value of the company appreciated by 1.27 percent at the close of trading. According data from the Nigerian Exchange Group (NGX), the bank’s market capitalisation hit N1 trillion after its share price rose from N19.75 on Tuesday to N20 on Wednesday. The increase moved the company’s valuation from N991.6 billion to N1 trillion. With the development, Fidelity Bank joins the list of financial institutions with a market capitalisation of over N1 trillion. The companies are Zenith Bank, Access Bank, United…
Author: Oluwatoyin Mathnuel
The Lagos Waste Management Authority (LAWMA), in a demonstration of unwavering commitment to the welfare of sanitation workers, has presented financial support cheques to sweepers who sustained injuries while on duty, as well as to families of deceased sweepers who lost their lives in the course of service. Managing Director/CEO of LAWMA, Dr. Muyiwa Gbadegesin, commenting on the presentation, reaffirmed the Authority’s dedication to protecting the lives and livelihoods of sanitation workers, describing them as frontline environmental heroes who play a vital role in keeping Lagos clean and habitable. He said, “Our sanitation workers go to great lengths, often under…
FirstBank, the West Africa premier bank and financial inclusion services provider, is thrilled to announce that its Corporate University, FirstAcademy, has been awarded the Gold Award for Best Corporate University in Social & Climate Change at the Global Council of Corporate Universities (GlobalCCU) Awards 2025. This highly acclaimed award recognises FirstAcademy’s outstanding commitment to driving social and climate change learning initiatives, aligning its learning and development programs with internal stakeholder needs, and promoting Corporate Social Responsibility (CSR). The GlobalCCU Awards is a prestigious, biannual recognition of excellence in corporate universities, setting the highest standard for the industry. With a rich 12-year…
The Lagos State Government is compelled to address the recent allegations made by Mr. Peter Obi regarding the demolition of a property belonging to his brother. We wish to categorically state that the Lagos State Building Control Agency (LASBCA) or any other arm of the Lagos State Government did not carry out the said demolition. Dr. Olajide Abiodun Babatunde, Special Adviser, eGIS & Urban Development, who supervises LASBCA, has confirmed that the agency was not involved in the demolition. We find it disturbing that Mr. Peter Obi would make such allegations without verifying the facts. The Lagos State Government is…
Fidelity Bank Plc, one of Nigeria’s top-tier financial institutions, has promoted 376 employees following its recently concluded annual performance review exercise. This represents approximately 12% of the bank’s workforce, underscoring its management’s deep appreciation for the pivotal role played by staff in recoding the highest growth by percentage volumes in the banking industry with 210% increase in its Profit Before Tax (PBT) which grew from N124.3 billion in 2023 to N385.2 billion in 2024. The announcement, which was recently communicated internally, comes on the heels of a 20% across-the-board salary increase implemented in June 2025—a gesture that reflects the bank’s…
Senator Yunus Akintunde has described the two-term tenure of the late Governor Abiola Ajimobi as a remarkable era filled with enduring achievements that laid the foundation for Oyo State’s ongoing development and transformation. Reflecting on his time working closely with the late governor during his first term between 2011 and 2014 and afterwards as a close associate, Senator Akintunde noted that several of the projects and reforms initiated under Ajimobi’s leadership set the state on a path of growth in infrastructure, governance, and public service delivery. “Working with Governor Abiola Ajimobi offered me the opportunity to witness his depth, discipline,…
The Nigeria Union of Journalists (NUJ), Lagos State Council joins numerous well-wishers across the state and beyond in celebrating the 60th birthday of the Executive Governor of Lagos State, Mr. Babajide Olusola Sanwo-Olu. In a congratulatory message, the Chairman of Lagos NUJ, Mr Adeleye Ajayi, lauded the Governor for his exemplary leadership, which had positioned Lagos as one of the most progressive and smart cities in the world. The Union commended Governor Sanwo-Olu for his unwavering commitment to public service and his remarkable achievements that had significantly placed the state on the global map. According to Ajayi, as Governor Sanwo-Olu…
Reports published by Sahara Reporters on June 25 claimed that Fidelity Bank’s MD, Dr. Nneka Onyeali-Ikpe was a party to an ongoing case involving fraud on Woobs Resources account with the bank. This is however not true. The charge sheet dated 12 May 2025 (sighted by this reporter) stated that the Defendants in the suit were Victor Ukutt, Esq, Fidelity Bank Plc, Whoba Ugwunna Ogo and Safiya Whoba. It will be recalled that the Office of the Attorney General of the Federation and Minister of Justice issued a press release on 9 June 2025 explaining that Dr. Onyeali-Ikpe’s name was…
Born in Zaria and raised in Lokoja, the Miller twins, Dora Maude Akanya and Mary Jummai Jarma, were inseparable in life and purpose. Their careers in education and public service mirrored each other, driven by a shared belief in women’s empowerment. The Miller twins are one of the early Fulani’s that came in contact with White Christian missionaries. The two women grew up to redefine the essence of unity, not only in the northern region, but in other parts of the country. As successful educationists, they raised many influential Nigerians of different faiths. They were the only two women at…
In 1982, Kunle Idiagbon, son of the late General Tunde Idiagbon, was a student at Military School in Zaria, the same institution his father once attended. Discipline in the school was strict, and though his father, then a brigadier general and military secretary, was back in Lagos, Kunle still saw him simply as “daddy.” During one of the intense drills, Kunle was called to the commandant’s house with news that his father had come to see him. Relieved at the opportunity to escape the strenuous exercise, he rushed over, excited to see his father, who was seated with the commandant,…