In a decisive move underscoring unwavering confidence in Fidelity Bank Plc’s resilience, Managing Director and CEO, Dr. Nneka Onyeali-Ikpe has acquired an additional 18 million shares of the bank, valued at approximately ₦366 million. According to a regulatory filing posted on the Nigerian Exchange Group (NGX) Disclosures portal, this strategic investment was executed at ₦20.35 per share on May 19, 2025, the same day an online platform published an unsubstantiated report on a Supreme Court ruling in a decades-long case that the bank inherited from the defunct FSB International Bank…
Read MoreDay: May 21, 2025
Davido hosts highlife singer Bright Chimezie in Lagos
Nigerian hip-hop artiste, David Adeleke popularly known as Davido, has finally met and hosted Bright Chimezie, the legendary highlife singer, in Lagos. The meeting comes months after Davido sampled Chimezie’s 2010 hit song ‘Because of English’ in ‘With You’, his collaborative track with Omah Lay. On Friday, Bright Chimezie showed his appreciation while dancing to the tune, saying, “I thank Davido for the sample credit of my song.” Davido, in turn, praised the veteran musician for his influence on the industry, saying he had long admired Chimezie and hoped to…
Read MoreBanky W bags Master’s degree in Policy Management from US University
Bankole Wellington, Nigerian singer and politician, popularly called Banky W, has earned a Master’s degree in Policy Management from Georgetown University in Washington, D.C., USA. He announced this in a post accompanied by photos from his graduation on Instagram on Tuesday. In his post, Banky, who welcomed a second child with his wife, Adesuwa, revealed how the past few years stretched him as he juggled full-time graduate studies, a fellowship on Capitol Hill, and parenting two young children in the United States. He wrote, “I am thankful to share that…
Read MoreDangote listed among Times top 100 world philanthropists
Aliko Dangote, the Chairman of the Aliko Dangote Foundation and President/Chief Executive of Dangote Industries Limited, has been named in the inaugural 2025 TIME100 Philanthropy list, which recognises the 100 most influential leaders shaping the future of philanthropy across the world. A statement by the Dangote Group on Tuesday said the businessman is the only Nigerian on the list. The list, published by TIME Magazine on Tuesday, features Aliko Dangote, whose Foundation spends an average of $35m a year on programmes across Africa, alongside other global figures in charitable work,…
Read MoreStray bullet kills WAEC student during chase in Ibadan
A police officer, yesterday, shot a 15-year-old secondary school student named Taiwo, while he was en-route to an examination centre in the Gbagi area of Egbeda Local Government Area of Oyo State. The tragic incident occurred when Taiwo was struck by a stray bullet in the lower part of his body. Taiwo’s father was driving him and his twin brother to the examination centre for the West African Exanination Council, WAEC, when the shooting took place. Following the incident, he rushed Taiwo to Welfare Hospital, in Alakia, before transferring him…
Read MoreEFCC: Premium Trust Bank officials, 3 others arraigned for hacking database
Two employees of Premium Trust Bank; Kehinde Odeyemi and Matthew Adeniyi Damilola, were arraigned by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, Awolowo on Tuesday, May 20, 2025, before Justice Alexander Owoeye of the Federal High Court sitting in Ikoyi, Lagos. They were arraigned alongside Samson Latshin Dakup, Bolaji Omotosho Yinka and Sunday Badeniyi Okunola on a seven-count charge bordering on conspiracy to steal. The defendants allegedly conspired to manipulate the server and domain credentials of the bank in a bid to gain unauthorised…
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