Fidelity Bank assets cross N11trn
By Chukwuma Umeorah Fidelity Bank Plc grew its total assets to N11.35 trillion in the first quarter of 2026, as the lender recorded higher earnings, deposits and shareholders’ funds during…
EFCC gets 5-day ultimatum to make public probe of Edu cases
From Romanus Ugwu, Abuja The Economic and Financial Crimes Commission (EFCC) has been given a five-day ultimatum to make public the outcome of investigations into corruption allegations involving former Minister…
Group raises concern over worsening oil pollution in Bayelsa
From Femi Folaranmi, Yenagoa A coalition of international non-governmental organisations has described the impact of oil pollution on the environment and health of people in Bayelsa State as deeply traumatising.…
Navy begins construction of reference hospital in Abuja, commissions new naval base
From Molly kilete, Abuja The Chief of the Naval Staff, Vice Admiral Idi Abbas, has laid the foundation for the construction of the Nigerian Navy Reference Hospital and other projects…
Go after kidnappers, terrorists, Army Chief charges troops
By Philip Nwosu The Chief of Army Staff (COAS), Lieutenant General Olufemi Oluyede, has directed troops of Operation SAVANNAH SHIELD to intensify offensive operations against kidnappers, bandits and other criminal…
Fuel, food imports surge as 43 vessels head to Lagos ports
The Nigerian Ports Authority (NPA) has signalled a sustained uptick in cargo inflow into the country, with 43 vessels laden with petroleum products, food items and other commodities expected to…
EIU: Dangote Refinery has ended fuel import dependence
By Merit Ibe The Economist Intelligence Unit (EIU) has reported that the operational ramp up of the 650,000 barrels per day Dangote Petroleum Refinery & Petrochemicals is fundamentally reshaping Nigeria’s…
FOSAD poll identifies seaport as South-East’s most pressing need
The Forum of South-East Academic Doctors has revealed that the establishment and development of a functional seaport remains the most pressing need of the South-East geopolitical zone, according to the…
International transfers hit as NIBSS experiences second outage in 2 weeks
By Chinwendu Obienyi Nigeria’s electronic payment ecosystem suffered another setback on Tuesday as the Nigeria Inter-Bank Settlement System (NIBSS) experienced intermittent downtime, disrupting international money transfers and causing delays across…