NIA Boss, Ahmed Abubakar, Resigns Director-General of the National Intelligence Agency (NIA), Ahmed Abubakar, has tendered his resignation to president Bola Tinubu. Abubakar was appointed in 2018 by former President Muhammadu Buhari. He was reappointed in December 2021.
1,500 Osun Residents Benefit from Fidelity Food Bank Outreach Over 1,500 residents made up of women, children, widows, and the elderly have benefited from the one-day feeding program organized by Fidelity Bank in Osun State. The food bank project was held at St. Benedict Catholic Church, Osogbo, Osun[Read More…]
Stock Exchange rates Fidelity Bank highest on corporate governance Fidelity Bank Plc complies with the highest corporate governance standards as the leading commercial bank adheres promptly to all full disclosure requirements and global best practices. Fidelity Bank is awarded CG+, the highest rank under the Corporate Governance Rating[Read More…]
FG increases fees for Nigerian Passport The federal government has announced an increase in the cost of obtaining the Nigerian Passport effective from September 1, 2024. The Nigeria Immigration Service‘s spokesman, Kenneth Udo, revealed this in a statement posted on the NIS’s X handle on Wednesday. According to the statement,[Read More…]
Chinese investors put Nigeria’s guest houses in UK for sale at $2.2m The contract dispute between Nigeria and Chinese investment group, Zhongshang Fucheng Industrial Investment Ltd, seems to have taken a new turn. The Chinese firm accused Ogun State Government of violating a 2001 trade treaty between Nigeria and[Read More…]
Naira exchange rate to dollar Today The Naira to the United States Dollar exchange rate today, August 21, 2024, in the black market is 1,600 for buying, while the selling rate is N1,610. Also the Central Bank of Nigeria, CBN official exchange rate for one dollar today remains at[Read More…]
Ajaero fails to honour police invitation, proposes different date, NLC threatens nationwide strike Joe Ajaero, the President of the Nigeria Labour Congress, NLC, on Monday failed to honour an invitation from the Nigeria Police Force over his alleged link to terrorism financing. In a letter from the labour leader’s counsels,[Read More…]
Union Bank reports 20% growth in PBT H1, 2024, despite CBN’s intervention Despite the challenging environment following the Central Bank of Nigeria’s intervention in January 2024, which led to heightened customer concerns, Union Bank of Nigeria has reported a profit before tax of N79.8 billion on gross earnings of N333[Read More…]
Nigeria Labour Congress (NLC) President, Joe Ajaero has been invited by the police in connection with a case of terrorism financing. In an invitation issued on Monday, August 19, 2024, and signed by Assistant Commissioner of Police, Adamu Mua’zu on behalf of the Deputy Commissioner of Police, Intelligence[Read More…]
NNPC Reports N3.3trn profit for 2023 The Nigerian National Petroleum Company (NNPC) Limited has declared a profit of N3.3 trillion for the fiscal year 2023. Pius Akinyelure, chairman of the NNPC board, stated this during a media briefing on the company’s 2023 audited financial statements (AFS) on Monday. Akinyelure said[Read More…]
