Residents of Kamba in Dandi Local Government Area of Kebbi State have welcomed the opening of a new branch of Fidelity Bank Plc, describing it as a major milestone that will ease long-standing financial and logistics challenges faced by farmers, small-scale traders and individuals in the community. The Chairman of Dandi Local Government Council, Dr. Mansur Isah-Kamba, described the branch as a welcome relief after years of limited access to formal banking services. Represented by the Council Secretary, Alhaji Abdulkadir Muhammad, Isah-Kamba noted that residents – including over 83 traditional…

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Governor Alex Otti has defended the sealing of offices belonging to Globacom in Abia State, insisting that his administration will continue to respect and abide by court decisions. The telecommunications company’s offices were shut on Friday, February 6, 2026, following an order of the Abia State High Court over alleged non-remittance of taxes exceeding ₦4 billion to the state government between 2010 and 2022. Otti clarified the government’s position during his February media chat with journalists at the Government House in Umuahia, stressing that the action was in compliance with…

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The National Institute of Credit Administration (NICA) has conferred its prestigious Fellowship on the Managing Director/Chief Executive Officer of Polaris Bank, Kayode Lawal, alongside other distinguished leaders across Nigeria’s financial and corporate landscape, at an investiture ceremony held at the Muson Centre, Lagos. Also honoured at the ceremony was the Managing Director/CEO of Union Bank, Yetunde Oni, in recognition of her contributions to institutional governance and financial sector advancement. Similarly, Mrs. Olushola Momoh, Vice Chairman of Channels Television, was conferred with the Professional Fellowship in recognition of her leadership contributions…

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Union Bank of Nigeria has issued a statement reaffirming its steadfast position in the course of ongoing regulatory engagements in response to recent media queries at the Central Bank of Nigeria’s (CBN) 304th Monetary Policy Committee (MPC) press briefing. The bank’s affirmation comes in the wake of Governor Olayemi Cardoso’s clarification on the regulatory framework governing institutions under intervention while speaking on the complexities and structural considerations influencing the recapitalisation timeline. According to the CBN Governor, institutions currently under regulatory oversight are subject to unique circumstances that necessitate a differentiated…

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