By Ayomide Otitoju Fidelity Bank Plc has strongly denied recent media allegations that its Managing Director, Mrs. Nneka Onyeali-Ikpe, paid ₦5 billion to evade detention by the Nigeria Police, describing the claim as “false, malicious, and intentionally misleading.” In a statement issued on Monday, the bank refuted a report published by Sahara Reporters under the…
By Ayomide Otitoju Kevin Ugwuoke, Executive Director and Chief Risk Officer at Fidelity Bank Plc, has formally taken office as President of the Chartered Risk Management Institute of Nigeria (CRMI), pledging transformative reforms aimed at strengthening risk governance across sectors in the country. Speaking during the handover ceremony held in Lagos over the weekend, Ugwuoke,…
By Ayomide Otitoju The Inspector-General of Police (IGP), Kayode Egbetokun, has vowed to end the wave of violence and senseless killings in Benue State and other parts of the country, declaring that the Nigeria Police Force will no longer tolerate attacks on communities. Egbetokun made the declaration on Monday during a visit to Governor Hyacinth…
By Ayomide Otitoju A fresh wave of Israeli airstrikes struck Tehran overnight, including a direct hit on the headquarters of Iran’s state television broadcaster, reportedly killing three people, as hostilities between Israel and Iran entered a fifth consecutive day. The Israeli military confirmed it had launched coordinated attacks on multiple missile and drone facilities in…
By Aymide Otitoju Nigeria and Ghana could face heightened economic pressures as a result of the escalating conflict between Iran and Israel, with rising oil prices and investor uncertainty threatening currency stability, foreign investment, and inflation, according to a new report by SBM Intelligence. In the report, titled The Escalating Iran-Israel Conflict and its Implications…
By Ayomide Otitoju The African Export-Import Bank (Afreximbank) has taken a central role in arranging a landmark $1.6 billion senior secured term loan facility for Suriname’s state-owned energy firm, Staatsolie Maatschappij Suriname N.V., marking a major milestone in the country’s push towards offshore oil production. Afreximbank served as global coordinator and joint mandated lead arranger…
By Ayomide Otitoju A German court on Monday sentenced Syrian doctor Alaa Mousa to life imprisonment for crimes against humanity, including murder and torture, committed during his time at military hospitals under the regime of former Syrian president Bashar al-Assad. The verdict, delivered by the Higher Regional Court in Frankfurt, marks a significant milestone in…
By Ayomide Otitoju Inspector General of Police (IGP) Kayode Egbetokun on Monday visited Benue State, North Central Nigeria, in the aftermath of deadly attacks by suspected herdsmen that claimed dozens of lives and displaced hundreds of residents. The IGP’s visit comes days after a wave of coordinated assaults on rural communities, continuing a cycle of…
By Ayomide Otitoju Justice Musa Umar of the Federal High Court in Abuja on Monday dismissed an application by the Federal Government seeking a bench warrant for the arrest of Senator Natasha Akpoti-Uduaghan over her absence at the commencement of her defamation trial. The Federal Government is prosecuting the senator over alleged defamatory remarks made…
