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Shareholders Commend Fidelity Bank’s Strong Performance

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L – R: Kevin Ugwuoke, Executive Director, Risk Management; Stanley Amuchie, Executive Director/Chief Operations and Information Officer; Nneka Onyeali-Ikpe, Managing Director/Chief Executive Officer; Amaka Onwughalu, Chairman, Board of Directors; Ezinwa Unuigboje, Company Secretary; Henry Obih, Independent Non-Executive Director; and Ken Opara, Executive Director, Lagos and Southwest; (all of Fidelity Bank Plc) at the Bank’s 38th Annual General Meeting which held in Lagos and virtually recently. Shareholders of Fidelity Bank Plc have lauded the Bank’s Board and Management for strengthening its capital base, improving asset quality and sustaining earnings growth despite a challenging operating environment. The shareholders expressed their support at the Bank’s 38th Annual General Meeting, held virtually on Friday, 9 October 2026. Speaking during the meeting, Bisi Bakare, National Coordinator, Pragmatic Shareholders Association of Nigeria, drew attention to the Bank’s non-performing loan...
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Abacha Family Joint Venture Dispute: The fundamental Breaches Supported By Evidence – 18 Units Partitioned to 44 Units

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By Kolawole Abe The available contractual documents and recent court proceedings in the dispute over No. 68 Molade Okoya Thomas Street, Victoria Island, Lagos, appear to lend significant weight to the position of the original property owner, Dr. (Mrs.) Maryam Sani Abacha, that the property was entrusted to Levitikal Realties & Construction Limited strictly to develop 18 units of three (3) bedroom apartments and was never transferred to Levitikal as its unrestricted commercial asset. Under the agreement, nine completed apartments were to accrue to Levitikal as consideration for undertaking the development, while the remaining nine were to be retained by the landowner. Upon completion of the project and by the terms of the JVA, Mrs. Abacha will execute and sign Deeds of Assignment in favour of Levitikal or its nominees only for the nine units due to Levitikal under the agreement. Since there is a dispute on the development, it therefore means that any purchaser will have to wait unti...
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Abiodun Family Awards Over N100m Scholarships To 831 Indigent Students

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  L-R: The Ogun State Commissioner for Education,Science and Technology; Prof. Abayomi Arigbabu, the Governorship candidate of the All Progressives Congress (APC); Senator Solomon Olamilekan Adeola, Governor Dapo Abiodun and his wife; Mrs Bamidele Abiodun during the fourth edition of the Gbemiga Abiodun Memorial Education Support Programme held in Iperu on Friday. The family of Ogun State Governor, Prince Dapo Abiodun, has awarded scholarships worth over ₦100 million to 831 indigent students across different levels of education under the Gbemiga Abiodun Memorial Education Support Programme, an initiative established to sustain the humanitarian legacy of the governor’s late son. Governor Abiodun announced this at the third edition of the programme, held at Christ Apostolic Grammar School, Iperu, noting that the initiative had supported a total of 1,277 students since its establishment in 2023. The governor explained that the foundation was established in honour of his late son, Gbem...
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Ogun Sustains Palliative Support For Public Servants, Allocates N987.185m In Mine Months

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The Ogun State Government has allocated ₦987.185 million for palliative support for public servants between April and December 2026, including ₦327.31 million earmarked for the fourth quarter. Disclosing this in a statement on Friday, the Head of Service, Alhaji Olanrewaju Iskeel Saka, said the sustained intervention reflected the administration’s commitment to workers’ welfare and its efforts to cushion the effects of prevailing economic challenges. The latest allocation of ₦327,310,000 covers October to December 2026, following ₦330,630,000 allocated for April to June and ₦329,245,000 for July to September, bringing the total provision for the three quarters to ₦987,185,000. The continuation of the programme underscores the government’s determination to sustain support for public servants amid economic pressures, particularly the rising cost of transportation and other essential expenses. The intervention also highlights the administration’s recognition of the importance of workers’ ...
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Abiodun Approves J4-Gao Road, Sets November for Deep Sea Port Groundbreaking …Says Port, LNG Projects to Transform Ogun Waterside into Energy, Maritime Hub

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Ogun State Governor, Prince Dapo Abiodun, has approved the construction of the J4-Gao Road in Ogun Waterside Local Government Area as part of measures to open up the axis and provide critical infrastructure to support the emerging investments in the area. Abiodun disclosed this on Wednesday at an All Progressives Congress (APC) stakeholders’ engagement meeting held in Ibiade, headquarters of Ogun Waterside Local Government Area. The Governor, who lamented the prolonged neglect of the area by successive administrations, said the decision to construct the J4-Gao Road was informed by the strategic importance of Ogun Waterside to the State’s emerging economic and industrial landscape. He also disclosed that the Federal Government had approved the construction of a four-kilometre bridge that would connect the local government to the Lagos-Calabar Coastal Highway, describing the development as a major infrastructure intervention that would facilitate access to the area and support the take-o...
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Fidelity Bank To Convene Lagos Entrepreneurs For Sustainable Business Growth

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Leading financial institution, Fidelity Bank Plc, is set to host the Lagos edition of its Quarterly Business Forum, bringing together entrepreneurs, industry experts and key stakeholders to explore strategies for building competitive and sustainable businesses. Themed “Built to Compete: Positioning Lagos Businesses for Sustainable Growth,” the forum will examine the opportunities and challenges within Lagos’s dynamic business environment. Discussions will focus on competitiveness, access to finance, market expansion, innovation, digital transformation and sustainable growth. Speaking ahead of the event, Ugochi E. Osinigwe, Divisional Head, SME Banking, Fidelity Bank Plc, said the forum would enable the Bank to engage entrepreneurs and better understand their needs. “Businesses need more than capital to thrive. They require knowledge, structure, networks and the right strategies to compete and grow sustainably. Through the Quarterly Business Forum, we are creating a platform for entrepr...
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The Person on the Other End of the Line

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This Customer Service Week, the extra mile starts with something simpler: making sure that when a customer, caller, or visitor needs a human being, one is there. By Olufunmilola ‘Funmie’ Aluko | Customer Experience Leader | Chief Brand and Marketing Officer/ Head, Customer Experience, Union Bank of Nigeria On any ordinary day, in any large city, the same moment plays out thousands of times. A woman calls her mobile network because her line has been barred and she cannot reach her children's school. A man rings a hospital switchboard, trying to find out which ward his father has been taken to. A small business owner stands at the reception desk of a large company, holding an invoice that has been unpaid for four months. A traveller dials an airline hotline at two in the morning from an airport she does not know. None of them is calm, and none of them has reason to be. What happens next depends almost entirely on one person: the agent, operator, or receptionist who answers. If that p...
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