A LEADING pan-African group, Ecobank Nigeria Limited, has expressed its commitment to enhancing the export potential of Adire, a traditional Nigerian textile, leveraging the African Continental Free Trade Agreement (AfCFTA). This initiative was revealed by Kola Adeleke, Executive Director of Commercial Banking at Ecobank Nigeria, during the th...
OPENING OF nominations for the 7th Edition of the Gani Fawehinmi Impact and Integrity Awards (GFIIA 2024) has been announced by the Human and Environmental Development Agenda (HEDA) Resource Centre. GFIIA is prestigious event named after the late renowned human rights activist and legal expert Chief Gani Fawehinmi, and aims to recognize and ho...
By Ajibola Olaide, JKNMedia Reporter THE INVESTING public has shown resonant support for Fidelity Bank Plc’s N127.1 billion combined rights and public offers, reflecting confidence in the bank’s impressive growth and investor-friendly track record. Stakeholders from the Nigerian Exchange (NGX), stockbrokers, and investors have all lauded the m...
By Jemimah Wellington, JKNMedia Report AFRICA’S ECONOMIC success hinges on identifying and capitalizing on its competitive strengths, stated Mustafa Chike-Obi, Chairman of Fidelity Bank during an interview with CNBC Africa at the AFREXIMBANK Annual Meetings in Nassau, Bahamas. Chike-Obi emphasized the critical need for sharp, focused lea...
By Zahur Youssef IN SUPPORT of humanitarian efforts in Sudan, the United Arab Emirates has expressed its commitment towards allocating 70% of its $100 million pledge to United Nations agencies and humanitarian organizations. This pledge was made during the “International Humanitarian Conference for Sudan and Neighbouring Countries”. The UAE...
By Jemimah Wellington, JKNMedia Reporter SET TO OPEN its public offer and rights issue on Thursday, June 20, Fidelity Bank Plc, has disclosed its intentions to raise up to N127.1 billion, combining a rights issue for existing shareholders and a public offer for new investors. Being Nigeria’s sixth-largest bank, it says the rights issue will [&...
By Ajibola Olaide, JKNMedia Reporter WITH THE launch of the Smart Health Information Platform (SHIP), a transformative change has been initiated in Lagos State’s health sector. This innovative digital cloud platform is poised to revolutionize data transmission and management across all state-owned healthcare facilities. Developed through...
By Joke Kujenya SIXTY HIGH-ranking executives from 13 commercial banks have been hurled into legal proceedings by Guaranty Trust Bank (GTBank) as the conflict over a N17 billion Anchor Borrowers Programme loan involving GTBank and Afex Commodity Exchange continues to escalate. The executives, including chairmen, CEOs, directors, and company se...
By JKNMedia A WAVE OF misinformation is noted to have been sweeping through Nigeria’s banking sector following the Central Bank of Nigeria’s (CBN) revocation of Heritage Bank Plc’s license on June 3, 2024. This targeted campaign seeks to undermine Fidelity Bank Plc, a financial institution known for its stability and sound financia...
By JKNMedia A PROMINENT financial institution dedicated to fostering innovation and progress, Sterling Bank, has announced a pioneering partnership with the School of Politics, Policy, and Governance (SPPG) to enhance credential verification through blockchain technology to signify a transformative step in improving the efficiency, security, a...
