Global credit rating agency, Fitch Ratings, has affirmed Fidelity Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ and upgraded its National Long-Term Rating to ‘A+(nga)’ from ‘A(nga)’. The upgrade, announced on May 29, 2025, reflects the bank’s strengthened capital buffers and improved profitability, signaling continued positive momentum in its performance. According to Fitch, the rating upgrade is underpinned by Fidelity Bank’s successful capital raise through a rights issue and public offer, as well as a notable improvement in profitability—driven by higher interest income and a stable base of low-cost current and savings deposits. Commenting on the announcement, Managing Director/CEO…
Author: Oluwatoyin Mathnuel
As IGP Reaffirms Commitment to Public Safety, Crime Reduction. The Nigeria Police Force, through multiple coordinated efforts in Abia and Kogi State Commands, has recorded significant success in the fight against crime with the rescue of trafficked children and the interception of illegal arms. These developments underscore the Force’s renewed dedication to ensuring the safety and security of lives and property across the country. Recently, Officers of the Kogi State Police Command intercepted a green-colored Sharon vehicle that ran through a security checkpoint at high speed. The team engaged the bus in a hot pursuit, and the driver, upon realising…
Several mysteries have happened in the political space of Nigeria but if what happened on Saturday between Governor Sanwoolu and President Tinubu isn’t a mistake, then we are about to witness the biggest political fracas in the country. Governor Sanwoolu has been in the news since yesterday following the cold reaction he got from President Tinubu when he tried to greet him at the venue for the commissioning of Lagos-Calabar costal highway. The president, who got a standing ovation on arrival at the fully packed event centre, was seen in a video exchanging pleasantries with governors, senators and very important…
KCB Group PLC (KCB Group) and Access Bank PLC(Access Bank) have completed the sale of National Bank of Kenya Limited (NBK) toAccess Bank Plc, marking the conclusion of a transaction that began in March 2024.This follows the receipt of all regulatory approvals customary for a transaction of thisnature.As a result, NBK, where KCB Group had 100% ownership, is now a wholly ownedsubsidiary of Access Bank Plc. NBK and Access Bank Kenya will continue to operateindependently, pending the completion of all integration processes.The acquisition is a pivotal step in Access Bank’s expansion strategy in East Africa.The combined entity will significantly enhance…
Ogun State Governor, Prince Dapo Abiodun, on Sunday, sent a powerful delegation to Kano State to commiserate with the government and people of the state over the loss of athletes and officials returning home from the just concluded Gateway 2024 National Sports Festival (NSF) held in Ogun State. The governor also gave NI million each to the families of the victims as initial support over the loss of their loved ones, totaling N31 million. The delegation led by the Ogun State Deputy Governor, Engr Noimot Salako-Oyedele, included the Secretary to the State Government, Mr Tokunbo Talabi; the Commissioner for Sports…
By Oluwatoyin Mathnuel The Oto-Awori community in the Ojo Local Government Area of Lagos State was filled with excitement and celebration on Saturday, May 31st, 2025, as High Chief Kehinde Dawodu-Avoseh, the Akogun of the Kingdom, gave his daughter, Fatima Oluwaninsola, in holy matrimony to Sodeeq Adedayo Abdulrahmon, a native of Osogbo, Osun State. It was a beautiful celebration of love, peace, and trust. The radiant bride shared with Insight Global News how their journey began at the University of Ilorin, Kwara State, where they met as undergraduates. With a smile, she recalled, “It all started during my university days…
Senator Yunus Akintunde’s excellent representation in perspectives: Kunle OLATUNJI We received with mixed feelings of appreciation and somewhat concern, the analysis of Ashiwaju Adegboyega Yekini on the performance and score card of elected lawmakers and representatives from Oyo State in the last two years of the present administration. Appreciation of his analysis in the interest of public expectations on accountability to the people as necessary and expected. “Our concern” basically is about the accuracy of his position in absolute assessment either being miserly with the truth and correct positioning of issues or with a sincere submission of limited facts available…
Ogun State Governor, Prince Dapo Abiodun has expressed deep sorrow over the tragic incident involving members of the Kano State contingent who were returning home after participating in the 22nd edition of the National Sports Festival (NSF) held in Ogun State. A bus conveying the athletes was said to have been involved in a crash about 50 kilometres from Kano after passing through Kaduna State, claiming the lives of 20 athletes. Abiodun, in a statement issued in Abeokuta, the Ogun State capital, on Saturday, said the incident had left him completely traumatized, especially given that the athletes were vibrant young…
A white Mack tanker conveying sugar soda content fell sideways on Iganmu Bridge, this morning, disrupting early morning traffic and raising alarm among commuters. The lone crash, reported at exactly 07:33hrs, was attributed to loss of control on the rough section of the bridge. The Federal Road Safety Corps (FRSC), Lagos Sector Command, under the leadership of Corps Commander Kehinde G. Hamzat, confirms that the crash, though minor, involved two adult males, with no injuries nor fatalities . Immediate action was taken to prevent further risk to lives and property. As the distress call was received by FRSC at 07:35hrs,…
Senator Yunus Akintunde has expressed shock at the announcement of the passage of Oniroko of Iroko, His Royal Highness Oba Ismaila Olasunkanmi Abioye Opeola, who died early hours of the 30th of May, 2025. In a release made available to the media through Kunle Olatunji the Special Assistant on Media and Publicity to Senator Yunus Akintunde, he described the late Monarch as quite exceptional and highly respected among his subject and other traditional rulers within the Oyo State traditional Council. “I received with shock the news of the demise of Kabiyesi Oniroko of Irokoland, His Royal Highness, Oba Ismaila Olasunkanmi…