By Ayomide Otitoju The University of the West of England (UWE), Bristol, has formally launched the Centre for African Studies in Economics and Technology (CASET), a new initiative aimed at tackling Africa’s socio-economic challenges through research, partnerships, and innovative policy development. The Centre, inaugurated on UWE’s Bristol campus, is envisioned as a hub for academic…
By Ayomide Otitoju Labour Party’s 2023 presidential candidate, Mr. Peter Obi, has dismissed allegations linking him to the ownership of Fidelity Bank or a reported private meeting with President Bola Ahmed Tinubu over a fictitious N225 billion debt crisis. In a post via his verified X (formerly Twitter) handle @PeterObi, Obi described the claims as…
By Ayomide Otitoju Over 4,500 residents of Abere and Modakeke communities in Osun State have received food items through a two-day outreach organised by Fidelity Bank Plc, as part of its Fidelity Food Bank initiative aimed at tackling hunger and supporting livelihoods. The food distribution drive was carried out in partnership with the Osun State…
By Ayomide Otitoju Stanbic IBTC Bank has announced its 2025 Home Loan Breakfast Session, scheduled to take place on Tuesday, June 3 in Lagos, with a follow-up edition later in the year in Abuja. Themed “Building Tomorrow Today: Transforming the Path to Homeownership,” the event is designed to offer Nigerians a clearer path to property…
By Ayomide Otitoju The Dangote Petroleum Refinery & Petrochemicals has announced a fresh reduction of N15 in the price of Premium Motor Spirit (PMS), marking another step in its ongoing efforts to make fuel more affordable for Nigerians. Following the latest cut, PMS will now be sold at N875 per litre in Lagos, N885 in…
By Ayomide Otitoju Fidelity Bank Nigeria has been named the fastest-growing Nigerian brand, with its brand value more than tripling in the past year to displace Stanbic IBTC, according to the 2025 ranking by Brand Finance, a London-based brand valuation consultancy. The latest report highlights Fidelity Bank’s rising market influence and increasing investor confidence, underpinned…
By Ayomide Otitoju In a clear show of confidence in the resilience and long-term prospects of Fidelity Bank Plc, the bank’s Managing Director and Chief Executive Officer, Dr. Nneka Onyeali-Ikpe, has acquired an additional 18 million shares of the institution, amounting to approximately ₦366 million. The transaction, disclosed in a regulatory filing on the Nigerian…
By Ayomide Otitoju Fidelity Bank Plc has strongly refuted circulating rumours alleging it is on the brink of bankruptcy, describing such claims as baseless and misleading. The bank issued the clarification following a Supreme Court ruling involving a legacy $3 million credit facility originally granted by the defunct FSB International Bank in 2002. In a…
By Ayomide Otitoju Fidelity Bank Plc has solidified its status among Nigeria’s top seven banks by assets, after growing its balance sheet by N1.63 trillion in the first quarter of 2025. Regulatory disclosures filed with the Central Bank of Nigeria (CBN), Securities and Exchange Commission (SEC), and Nigerian Exchange (NGX) revealed that the bank’s total…
