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Stewardship, Not Seizure: What the Union Bank Case Is Really About There is a particular genre of financial commentary that mistakes legal process fora factual verdict. A court delivers a first-instance ruling, procedural questions are raised, and before the ink is dry on the appeal filing, the narrative has already hardened: the regulator overreached, investor confidence is shattered, andNigeria’s financial governance is on trial before the world. Much of the commentary currently circulating about Union Bank of Nigeria belongs to that genre. It is not without merit on certain procedural questions. But it is, at its core, incomplete — and incompleteness in financial journalism carries costs that run well beyond the column. Tunde Lemon                                                          Former Chairman, Titan Trust Bank The Acquisition That...

  ‎FOR IMMEDIATE RELEASE MONDAY 25TH MAY, 2026 ‎KWARA ATTACKS: A GRUESOME TESTAMENT TO LEADERSHIP FAILURE – BAMOFIN LADIPO JOHNSON* ‎ ‎LAGOS, NIGERIA – The recent coordinated assault on the Yashikira Emir’s Palace and the Yashikira Police Divisional Headquarters in Baruten LGA, Kwara State, is a chilling reminder that the current administration has completely lost its grip on the security of this nation.  ‎Nigeria Democratic Congress (NDC) stalwart, Bamofin Ladipo Johnson, who made this known in a statement yesterday  condemned the attacks in Kwara and Oyo states as evidence of a systemic security collapse, highlighting the abduction of over 30 pupils in Oyo and fatal incidents in Baruten LGA. Johnson, a Lagos Central Senatorial aspirant, warned that this insecurity is causing severe economic paralysis, with food prices at Oyingbo market in Lagos State rising about 150% and logistics costs increasing 30-40% due to supply chain disruptions. ‎ ‎"Early Monday morning, while ...

  NNPP blames INEC for delay in fixing,  holding primaries, plans protest  The New Nigeria Peoples Party ((NNPP) led by Dr Boniface Aniebonam has blamed INEC for its setbacks in concluding screenings and fixing its primaries for aspirants of the party.  The party also said that with no option left, it may have to mobilise for protest against the commission. Recall that the party shelved its planned protest against INEC over delays in uploading the authentic leadership of the party to its website, following appeals by well meaning Nigerians that it may be hijacked by hooligans to cause mayhem.  However, in a statement on Thursday, the party's National Secretary Comrade Ogini Olaposi stated that INEC is again pushing the NNPP to the wall with inexplicable delays that may deny the party its rights to fully participate in the 2027 general elections.  "We used all legal means via the courts to get the commission to comply with Court orders and stop the unnecessa...

 WAEC ADMINISTRATIVE AND FINANCE COMMITTEE REAFFIRMS STRONG CONFIDENCE IN THE MANAGEMENT OF WAEC NIGERIA AMID ONGOING UNION ENGAGEMENTS The Administrative and Finance Committee of the West African Examinations Council (WAEC) has expressed full confidence in the leadership of the Nigeria National Office under the Head of National Office, Dr. Amos Josiah Dangut, FSTAN, MNIM, RAS following its 240th Meeting held in Ibadan, Oyo State. The Committee, which is the Council’s highest advisory body on administrative and financial matters in Nigeria, commended Dr. Dangut and his Management team for their exemplary leadership, operational efficiency and institutional discipline, particularly in sustaining the smooth and uninterrupted conduct of the ongoing West African Senior School Certificate Examination (WASSCE) for School Candidates, 2026, despite recent union-related concerns. Following a comprehensive review of the Nigeria National Office’s operations, the Committee noted that Managemen...

Press Release Fidelity Bank Extends Food Bank Initiative to Thousands in Surulere Photo caption:                                                      L-R: Team Lead, Corporate Social Responsibility (CSR), Fidelity Bank Plc, Victoria Abuka; Personal Assistant to the President on Constituency Affairs, Hon. Khadijat Kareem Omotayo; Branch Leader, Adeola Odeku Branch, Fidelity Bank Plc, Ifeyinwa Asomugha; Surulere Local Government Executive, Anthonia Adenike Adjivon; and First Vice Chairman, Community Development Committee (CDC), Surulere Local Government, Adebayo Odukoya; during the Fidelity Food Bank outreach in Surulere, Lagos recently. Leading financial institution, Fidelity Bank Plc, has reinforced its commitment to community welfare and sustainable development with the distribution of food packs to over 1,500 residents in Surulere, Lagos state. The out...

  Press Release  Sterling Financial Holdings Sustains Record Growth, Deepens Capital, as Assets Cross ₦4 Trillion Mark in Q1 2026 ...Year-on-year Group Profit increases 89% in FY25, 52% in Q1 '26 Sterling Financial Holdings Company Plc (“Sterling Financial” or “the Group”) has announced its audited financial results for the year ended December 31, 2025, alongside its unaudited results for the first quarter ended March 31, 2026, delivering strong earnings growth, balance sheet expansion, and improved capital strength across the Group. Adebimpe Olambiwonnu  According to statement by Group CFO, Sterling Financial Holdings Company PLC, Adebimpe Olambiwonnu, Gross Earnings for FY2025 increased by 44.4% to ₦486.8 billion, representing the strongest performance in the Group’s modern history. Profit Before Tax rose by 89.2% to ₦86.8 billion, while Profit After Tax increased by 74.8% to ₦76.3 billion. The Group’s balance sheet also strengthened significantly during the year. Total...