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  Union Bank responds to Cardoso’s remarks at MPC meeting with calm assurance 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 re- capitalisation timeline. According to the CBN Governor, institutions currently under regulatory oversight are subject to unique circumstances that necessitate a differentiated approach, distinct from those institutions that have had an extended period to prepare for re capitalisation. This clarification was made in direct response to queries raised by journalists seeking insight into the operational status of ...

  Press Release Fidelity Bank to Empower Women with Sustainable Entrepreneurship Skills with HAP 2.0 Leading financial institution, Fidelity Bank Plc, has announced the launch of the second edition of its flagship women-empowerment initiative, the HerFidelity Apprenticeship Programme 2.0 (HAP 2.0). Designed to equip women with practical, income‑generating skills and structured pathways to entrepreneurship; HAP 2.0 will build on the success of its inaugural edition held in 2023.    Osita Ede                                                                 Divisional Head, Product Development,           Fidelity Bank Speaking with journalists at a media chat to herald the launch of HAP 2.0, the Divisional Head, Product Development, Fidelity Bank Plc, Osita Ede, explained that the ini...

  Drug Free World Africa Commends NDLEA for Foiling Drug Smuggling at Seme Border Drug Free World Africa has commended the operatives of the National Drug Law Enforcement Agency (NDLEA) for the arrest of a woman who attempted to smuggle tramadol by concealing the illicit substance beneath a simulated pregnancy at the Seme Border. In a video currently circulating on social media and monitored by Drug Free World Africa Media, the suspect confessed to transporting the consignment from Kano State to the Republic of Benin. She further alleged that her involvement in the drug trafficking operation was facilitated by her cousin, who introduced her to the network responsible for the crime.            Dr. Lina Okereke                                                   Country Representative            ...

  PRESS RELEASE Sterling HoldCo Commences Allotment of Public Offer Shares … Achieves 109.8% Subscription Lagos, Nigeria: Sterling Financial Holdings Company Plc ("Sterling HoldCo" or "the Group") has announced the commencement of the allotment process for its 2025 Public Offer of 12,581,000,000 ordinary shares of 50 kobo each at ₦7.00 per share.  This follows the earlier receipt of final approval from the Central Bank of Nigeria (CBN) and the recent clearance by the Securities & Exchange Commission. The allotment process, which begins immediately, marks the continuation of a disciplined, multi-year capital-raising programme that has positioned the Group as one of the fastest-growing financial institutions in the region. The Public Offer, which opened on September 15, 2025, attracted strong participation from the investing public, with the Company receiving 18,280 applications for 16,839,524,401 ordinary shares valued at approximately ₦117.88 billion.  Following...

  Polaris Bank Launches Global Gift Card Feature on VULTe Polaris Bank, through its digital lifestyle platform VULTe, has introduced a faster, smarter way for users to send love, appreciation, and rewards across borders with the launch of its new Gift Card feature, enabling customers to deliver global brand gift cards to family and friends anywhere in the world in seconds. Designed for speed, security, and everyday relevance, the feature allows users to choose from a wide range of international and local brands spanning groceries, beauty and wellness, fashion, electronics, entertainment, gaming, and lifestyle services, all seamlessly accessible on VULTe. Whether it is paying for a Netflix subscription in London, sending Spotify Premium to a friend in Accra, gifting a Starbucks coffee in New York, or helping a loved one shop at Amazon or Shoprite, VULTe’s Gift Card feature transforms digital transfers into meaningful real world experiences, powered by Polaris Bank’s secure digital i...

 , PRESS RELEASE WAEC BEGINS FULL IMPLEMENTATION OF DIGITAL CERTIFICATE SERVICES ACROSS ITS MEMBER COUNTRIES The West African Examinations Council (WAEC) has unveiled the much-anticipated WAEC Digital Certificate Services System (WAEC DigiCert) across all its member countries: The Gambia, Ghana, Liberia, Nigeria, and Sierra Leone. The Digital Certificate Services platform is a mobile and Web-based application that provides enormous benefits to the various stakeholders. It is designed to offer simple features that enable users to access, request, confirm or share digital forms of the original certificates. Users can also recover lost WAEC examination numbers on the system. The system is reliable, the authenticity of the certificates is guaranteed, and the cost benefits to users cannot be overstated. Following its successful pilot in Nigeria, WAEC DigiCert received positive feedback from candidates and educational institutions worldwide. The general public and all stakeholders are ad...

  Press Release  RELEASE OF RESULT OF THE COMPUTER-BASED WEST AFRICAN SENIOR SCHOOL CERTIFICATE EXAMINATION (CB-WASSCE) FOR PRIVATE CANDIDATES, 2025-SECOND SERIES  The West African Examinations Council (WAEC), Nigeria, wishes to announce to candidates, stakeholders and the general public that the result of the Computer-Based West African Senior School Certificate Examination (CB-WASSCE) for Private Candidates, 2025–Second Series, has been released.  The examination took place in Nigeria between Tuesday, November 11 and Wednesday, December 17, 2025. The Coordination of Examiners and Marking of Candidates’ Scripts were carried out at SEVEN (7) Marking Venues in Lagos, Ibadan, Benin, Enugu, Uyo, Jos and Kaduna from Wednesday, January 14, to Tuesday, February 3, 2026. A total of THREE THOUSAND THREE HUNDRED AND SIXTY-ONE (3,361) Examiners participated in the Coordination and Marking Exercise. SIXTY-NINE THOUSAND, SIX HUNDRED AND FOUR (69,604) candidates, representing a 1...

 Proposed U.S investigations of Kwankwaso on terrorism act most unfortunate-- NNPP  The Dr Agbo Major Gilbert led New Nigeria Peoples Party (NNPP) on Thursday described the proposal by U.S lawmakers to investigate and sanction its 2023 presidential candidate, Sen. Rabiu Kwankwaso and others as unfortunate.  The party said this in a statement signed by its National Vice Chairman, Northwest, Alhaji Sani Danmasani. Recall that United States lawmakers introduced a bill aimed at addressing alleged religious persecution and mass killings of Christians in Nigeria, including a proposed terrorist designation for Fulani militias and sanctions against certain Nigerian individuals and groups, including Kwankwaso. Danmasani wondered why news of the alleged complicity of Kwankwaso terrorism acts is jilting Buba Galadima, the Kwankwasiya Movement and other followers of the NNPP 2023 presidential candidate. "The sudden medical trip of Kwankwaso overseas have resulted in the dis...

  Press Release  Fidelity Bank Donates Essential Items to Ikoyi Correctional Centre Photo caption: L-R: Sunday Olasupo, Assistant Controller, Ikoyi Correctional Centre; Nwamaka Kalu, Head, Human Resource Business Partnerships and Communication, Fidelity Bank Plc; Sunday Ogundele, Assistant Controller, Ikoyi Correctional Centre; Obiora Mbaekwe, Head, HR Shared Services, Fidelity Bank Plc; Dr Julius Ogueri, Deputy Controller, Ikoyi Correctional Centre; Charles Nwachukwu, Chief Human Resources Officer, Fidelity Bank Plc; and Dr Chidi Nwankwo, Assistant Controller, Ikoyi Correctional Centre; during the Fidelity Helping Hands Programme (FHHP) donation of essential materials to inmates at Ikoyi Correctional Centre in Lagos, recently. Leading financial institution, Fidelity Bank Plc, has demonstrated its unwavering commitment to enhancing the lives and wellbeing of indigent persons with the donation of relief items to inmates at the Ikoyi Correctional Centre in Lagos. The project, e...

  L-R: (Front Row Seated) Chief Brand and Marketing Officer, Union Bank of Nigeria, Mrs. Olufunmilola Aluko; Director-General, Advertising Regulatory Council of Nigeria (ARCON), Dr. Olalekan Olumuyiwa Fadolapo; and Director Regulation, Monitoring and Enforcement, ARCON, Mrs. Emme Akande with (Back Row Standing) 2nd Right, Head Strategic Brand Management, Union Bank, Alvin Agorom; 5th Right, Head Product Marketing, Ejiebhen Egbomondion; 6th Right, Head Strategic Communications and Media, Olufisayo Adelekun with other Union Bank Inductees during their induction by ARCON as Registered Advertising Practitioners of Nigeria held at the Stallion Plaza in Marina, Lagos recently. Recently, Union Bank inductees were recognized by ARCOA as registered advertising practitioners of Nigeria at an event held at the Stallion Plaza in Marina, Lagos.

  Press Release  New Telegraph Award, Dinner Night: Ooni Is Royal Father Of The Day, Osoba Event Chair   His Imperial Majesty Oba Adeyeye Enitan Ogunwusi, Ojaja II,          The Ooni of Ife,  The Ooni of Ife, His Imperial Majesty, Oba Adeyeye Enitan Ogunwusi, Ojaja II, has accepted to be the Royal Father of the Day at the New Telegraph Awards Night/ Dinner holding at the Grand Ballroom of the Oriental Hotels, Lagos this Friday, February 13th, 2026. Aremo Olusegun Osoba                                        Former Governor of Ogun State That is as veteran Elder journalist and former Governor of Ogun State, Aremo Olusegun Osoba, has also accepted to be the Chairman of the event.  The New Telegraph Awards Night/Dinner is a high octane event, where governors, captains of industry, banking and financial institutions and executives as well as p...

  BREAKING NEWS  UNMITIGATED CORRUPTION IN THE CUSTOMS PORTS IS WORRISOME-- NAGAFF  May we draw the attention of the leadership of the Gov Agencies in the Nigeria customs ports and borders to the avoidable corruption circumstances in our approved entry points. It is our hope that the leadership of the Nigeria Customs Service, the Standards Organisation of Nigeria (SON) , the National Drug Law Enforcement Agency, the Nigeria Police Force- Maritime and NAFDAC in-paticular shall increase their supervisory roles with a view to stemming the tide The concept of the renewed hope agenda of Mr President is predicated upon the principles of rule law and hardwork. It is therefore the belief of NAGAFF that industrial harmony and productivity of the Nigerian state shall be the tonic required to achieve objective.  Therefore the urgent need for the leadership of the various Agencies of the government assigned to the Nigeria entry points to work harder with a view to stemming th...