Trust Africa News

Fidelity Bank, Greenfingers Partner for Tree Planting at Elegushi Beach

By Ayomide Otitoju Fidelity Bank Plc has reinforced its commitment to environmental preservation and sustainable development by partnering with Greenfingers Wildlife Initiative to plant trees at Elegushi Beach, Lekki, Lagos. The initiative forms part of the bank’s Corporate Social Responsibility (CSR) program, the Fidelity Helping Hands Programme (FHHP). The project was spearheaded by Fidelity Bank’s…

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Russia Wary of NATO Presence in Greenland Amid Trump Threat

Russia has expressed serious concern over the arrival of NATO forces in Greenland, a mineral-rich Arctic island that US President Donald Trump has publicly threatened to seize. On Wednesday, France, Sweden, Germany, and Norway announced they would deploy military personnel to Nuuk, Greenland’s capital, for a reconnaissance mission. The move followed a meeting in Washington…

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Sanwo-Olu Backs Lagos Armed Forces Remembrance

By Ayomide Otitoju Lagos State Governor, Babajide Sanwo-Olu, has reaffirmed his administration’s steadfast support for the Nigerian Armed Forces, highlighting the state’s commitment to safeguarding the welfare of military personnel and the families of fallen heroes. The Governor, represented by Deputy Governor Dr. Kadri Obafemi Hamzat, made the pledge on Thursday during the Parade and…

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FCT Court Dismisses FG Defamation Case Against Senator Akpoti-Udughan

By Ayomide Otitoju Justice Chizoba Orji of the Federal Capital Territory High Court, Abuja, on Thursday struck out the defamation suit filed by the Federal Government against the senator representing Kogi Central, Natasha Akpoti-Udughan. The case was discontinued following an application by the prosecution counsel, Aderonke Imana, seeking to withdraw the charges. Counsel to the…

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Dangote Refinery Denies Favouring Any Marketer

By Ayomide Otitoju Dangote Refinery Plc has dismissed allegations that its pricing arrangement favours MRS Oil Nigeria Plc or undermines competition in the downstream petroleum sector, insisting all marketers buy products on equal terms at the refinery gate. David Bird, the refinery’s newly appointed Managing Director, made the clarification on Wednesday during a press briefing…

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Tinubu Unveils $2bn Climate Fund, $500m for Resilient Infrastructure

By Ayomide Otitoju The Federal Government has said it is relying on green finance to drive Nigeria’s energy transition, as President Bola Tinubu on Tuesday unveiled plans for a $2 billion national climate fund. Speaking at the Abu Dhabi Sustainability Week summit, Tinubu said Nigeria’s Climate Investment Platform is expected to mobilise $500 million to…

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TotalEnergies to Sell 10% Renaissance JV Stake to Vaaris for $800m

By Ayomide Otitoju TotalEnergies has announced the signing of an agreement with Vaaris for the sale of its 10 per cent non-operated interest in the Renaissance Joint Venture (formerly the Shell Petroleum Development Company of Nigeria Joint Venture) for a total consideration of $800 million. In a statement, the international oil company said the transaction…

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