archive2025

For the first time since February 2024, the Central Bank of Nigeria (CBN) has maintained the Monetary Policy Rate (MPR) at 27.5 percent. CBN Governor Yemi Cardoso announced the decision on Tuesday in Abuja following the 300th Monetary Policy Committee (MPC) meeting. Cardoso said all 12 MPC members voted unanimously to hold...

…her inspiring simplicity commended Anambra State's First Lady, Nonye Soludo’s demonstration of true leadership through love in action by transforming the state with her worthy initiatives, has been commended. After observing the first lady at the Solution City while playing with the children and members of the general public recently,...

The Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, has disclosed that the rollout of the N3.3 trillion 90,000 kilometres of fibre lines, 7,000 Telecom Towers infrastructure nationwide, will formally commence in Q4 2025. For the first time in the country, the ministry has funded 55 academic researchers...

Leading up to the recent superlative annual reports showcasing one of the most significant growth experienced by a Nigeria Financial Institution in recent years I was forced to ask “what is Fidelity Bank” doing right? My banking and financial sector experience got me digging deeper into the statistics of the...

The Joint Admissions and Matriculation Board (JAMB) has said that it will release the results of 379,000 candidates who sat for the rescheduled Unified Tertiary Matriculation Examination (UTME) on Wednesday. The resit was conducted between Friday last week and Monday this week following widespread complaints of technical and human errors...

BudgIT , a prominent civic tech organisation promoting transparency and accountability in Nigeria’s public finance ,has uncovered 11,122 projects valued at N6.93 trillion inserted by the National Assembly into the 2025 Federal Government Budget. According to the body, "What began as isolated irregularities has,over the years, evolved into a deeply...

The Central Bank of Nigeria (CBN) on Monday dismissed reports suggesting distress in a regulated financial institution, describing the claims as misleading and capable of triggering unnecessary panic in the financial system. In a press statement signed by the Acting Director of Corporate Communications, Mrs Hakama Sidi-Ali, the apex bank...

The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission (EFCC) Okotie-Eboh, on Friday, May 16, 2025, arraigned one Solomon Stephen Ufayo, a staff of Ecobank Plc, on a one-count charge bordering on alleged cybercrime to the tune of N2,404,000(Two Million Four Hundred and Four Thousand Naira) before...

 By Friday Atufe Several media platforms have gone to town with the news of the Supreme Court ruling on a dispute between the defunct FSB International Bank and Sagecom Concepts Limited with some of them questioning the ability of Fidelity Bank (the judgement debtor) to make the payment.   As...

Executive Vice Chairman/ Chief Executive Officer, Nigerian Communications Commission (NCC), Dr. Aminu Maida and Ag. Director General, National Communications Authority (NCA), Ghana, Edmund Fianko, during a benchmarking visit of the NCC to the NCA in Ghana recently....