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Execution Discipline Will Define Tegbe’s Agenda for Nigeria’s Power Sector
Execution Discipline Will Define Tegbe’s Agenda for Nigeria’s Power Sector When the Minister-Designate for Power, Joseph Olasunkanmi Tegbe, told the Nigerian Senate that there was “no quick fix” to Nigeria’s electricity crisis, the statement stood out for departing from the familiar rhetoric that has long shaped public conversations about the sector. In a country where ambitious declarations on power reform have often generated headlines faster than measurable outcomes, Tegbe’s remarks offered an early signal of a different leadership posture,…
Fidelity Bank’s liquidity position rises above N1trn on stronger cash holdings
Fidelity Bank’s liquidity position rises above N1trn on stronger cash holdings Fidelity Bank strengthened its liquidity position in the 2025 financial year as cash and cash equivalents rose by 87 percent to N1.32 trillion, reflecting improved cash buffers, stronger deposit mobilisation, and growth in interest-earning assets. The lender’s audited financial statement for the year ended December 31, 2025, showed that cash and cash equivalents increased from N707.45 billion in 2024, underscoring the bank’s stronger liquidity profile amid Nigeria’s…
Mirroring Fidelity Bank's Giant Footprints in Aviation Financing in Nigeria
Mirroring Fidelity Bank's Giant Footprints in Aviation Financing in Nigeria Aviation business, not only in Nigeria, is generally known to be a capital intensive one and strictly guided by international regulations as prescribed by the International Civil Aviation Organisation (ICAO). The ICAO recommended standards and Practices are to be referred to when dealing in aviation business, therefore, Nigeria being a signatory to ICAO should uphold international civil aviation standards and fulfill its obligations under the Convention on Internat…
Fidelity Bank's gross earnings rise by 45%, shareholders' funds cross N1trn mark
Fidelity Bank's gross earnings rise by 45%, shareholders' funds cross N1trn mark Fidelity Bank Plc has reported a 45 percent increase in gross earnings for the 2025 financial year, as the lender’s shareholders’ funds crossed the N1 trillion mark following sustained balance sheet expansion and fresh capital injection. Analysis from the audited financial statements for the year ended December 31, 2025, reveals that the bank delivered robust results across key financial metrics, including Gross Earnings, which stood at N1.5 trillion, up f…
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The Alternative Bank Addresses Nigeria's Medicine Security Crisis with Financing for Local Pharma
The Alternative Bank Addresses Nigeria's Medicine Security Crisis with Financing for Local Pharma Africa bears roughly a quarter of the global disease burden yet imports nearly 97 percent of its pharmaceutical commodities, a vulnerability starkly exposed during the COVID-19 pandemic. This severe import dependence leaves Nigeria's medicine security inherently weak. To address this, The Alternative Bank (AltBank) is stepping in as the financing answer, deploying asset-backed, risk-sharing capital to fund local pharmaceutical production, …
We’ll continue to award projects to Julius Berger – Gov Oborevwori
We’ll continue to award projects to Julius Berger – Gov Oborevwori Delta State governor, Rt. Hon. Sheriff Oborevwori addressing workers at Julius Berger’s Osubi site, Okpe Local Government Area of Delta State Monday Delta State Governor, Rt. Hon. Sheriff Oborevwori, has reaffirmed his administration’s commitment to awarding more construction projects to leading engineering firm, Julius Berger Nigeria Plc, as part of ongoing efforts to drive job creation and accelerate infrastructure development across the state. The Governor also reiterated hi…
AMVCA 12 Celebrates African Storytelling, Talent, and Cinematic Excellence
AMVCA 12 Celebrates African Storytelling, Talent, and Cinematic Excellence The 12th edition of the Africa Magic Viewers’ Choice Awards was held on May 9, 2026, at the Eko Hotel and Suites Convention Centre, under the evolving partnership between Canal+ and MultiChoice, bringing together the biggest names in African film, television, and entertainment for a night of celebrating cinematic excellence and storytelling across the continent. Hosted by Nomzamo Mbatha and Bovi, the ceremony opened with the Best Costume Design category, where Valerie O…
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