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The Cable NG reports that the market capitalization of Fidelity Bank has crossed the N1 trillion mark as the share value of the company appreciated by 1.27 percent at the close of trading. According data from the Nigerian Exchange Group (NGX), the bank’s market capitalisation hit N1 trillion after its share price rose from N19.75 on Tuesday to N20 on Wednesday. The increase moved the company’s valuation from N991.6 billion to N1 trillion. With the development, Fidelity Bank joins the list of financial institutions with a market capitalisation of over N1 trillion. The companies are Zenith Bank, Access Bank, United…
Fidelity Bank Plc, one of Nigeria’s top-tier financial institutions, has promoted 376 employees following its recently concluded annual performance review exercise. This represents approximately 12% of the bank’s workforce, underscoring its management’s deep appreciation for the pivotal role played by staff in recoding the highest growth by percentage volumes in the banking industry with 210% increase in its Profit Before Tax (PBT) which grew from N124.3 billion in 2023 to N385.2 billion in 2024. The announcement, which was recently communicated internally, comes on the heels of a 20% across-the-board salary increase implemented in June 2025—a gesture that reflects the bank’s…
… Listing of Dangote Fertiliser Will Revolutionise Capital Market – Dangote The Group Chairman of Nigerian Exchange Group (NGX Group), Alhaji (Dr.) Umaru Kwairanga, has praised the President/Chief Executive, Dangote Group, Aliko Dangote for his substantial contributions to the Nigerian capital market and private sector development. He noted this during a courtesy visit to the Dangote Petroleum Refinery & Petrochemicals and Dangote Fertiliser Limited by capital market stakeholders. Kwairanga, who called for the listing of Dangote Petroleum Refinery and Dangote Fertiliser on the NGX, stated that it would represent a natural progression in the Dangote Group’s journey towards transparency, market…
FirstBank, the West Africa premier bank and financial inclusion services provider, is thrilled to announce that its Corporate University, FirstAcademy, has been awarded the Gold Award for Best Corporate University in Social & Climate Change at the Global Council of Corporate Universities (GlobalCCU) Awards 2025. This highly acclaimed award recognises FirstAcademy’s outstanding commitment to driving social and climate change learning initiatives, aligning its learning and development programs with internal stakeholder needs, and promoting Corporate Social Responsibility (CSR). The GlobalCCU Awards is a prestigious, biannual recognition of excellence in corporate universities, setting the highest standard for the industry. With a rich 12-year…
L-R the Moderator, Mrs Wumi Oghoetuoma-Jolomi, PS Faruk Yabo Yusuf (lead speaker), Dr Ahmed Tambuwal (Rep, DG NITDA) and Kevin Cunnington. National Information Technology Development Agency (NITDA) has introduced a Digital Competence Framework and Career Progression Model aimed at strengthening ICT capacity and retaining skilled professionals within the civil service, to curb the rising wave of brain drain affecting Nigeria’s public sector. NITDA’s Director General, Kashifu Inuwa, CCIE, at the initiative, said the move is part of broader efforts to make public service roles more attractive and professionally rewarding. During the maiden edition of the International Civil Service Conference organised…
The recent endorsement of Governor Charles Soludo by Anambra North stakeholders, culminating in the conferment of the prestigious Oluatuegwu chieftaincy title, marks a pivotal moment in Anambra State’s political landscape, signaling confidence in his re-election for a second term. The testimonials from both All Progressives Grand Alliance (APGA) and the Peoples Democratic Party (PDP) leaders highlight Governor Soludo’s infrastructural achievements and his reputation as a “transformer” who was fully “prepared for the job.” According to the Governor’s Chief Press Secretary, Christian Aburime, this cross-party show of support, featuring traditional rulers, current and former officials, and grassroots leaders, reflects a rare…
The Lagos Waste Management Authority (LAWMA), in a demonstration of unwavering commitment to the welfare of sanitation workers, has presented financial support cheques to sweepers who sustained injuries while on duty, as well as to families of deceased sweepers who lost their lives in the course of service. Managing Director/CEO of LAWMA, Dr. Muyiwa Gbadegesin, commenting on the presentation, reaffirmed the Authority’s dedication to protecting the lives and livelihoods of sanitation workers, describing them as frontline environmental heroes who play a vital role in keeping Lagos clean and habitable. He said, “Our sanitation workers go to great lengths, often under…
In a renewed effort to strengthen Nigeria-China relations, the Nigeria-China Strategic Partnership (NCSP) hosted a high-powered delegation from the Central Party School of the Communist Party of China (CPC) in Abuja. The visit marked a significant milestone in bilateral institutional cooperation, with particular focus on governance, public service reform, investment, and strategic development planning. The Chinese delegation was led by His Excellency, Professor Gong Weibin, Vice President of the Central Party School, accompanied by senior officials from key departments within the institution. Also in attendance was His Excellency Ambassador Yu Dunhai, the Chinese Ambassador to Nigeria. Welcoming the delegation, NCSP…