ConnectOnlineTv

  Fidelity Bank to Drive SME Growth with Quarterly Business Forum Leading financial institution, Fidelity Bank Plc, is set to launch a strategic engagement platform aimed at promoting the growth and sustainability of small and medium enterprises across Nigeria. Known as the Fidelity Quarterly Business Forum, the initiative is designed to bring together SME business leaders, founders, policymakers and industry experts to discuss business opportunities, economic trends, innovation and sustainable growth strategies. Ugochi Osinigwe                                                    Divisional Head, Small & Medium-scale Enterprises, Fidelity Bank Plc  Speaking on the initiative, Ugochi Osinigwe, Divisional Head, Small and Medium-scale Enterprises, Fidelity Bank Plc, said the forum reflects the bank’s commitment to delivering a wide range of initiati...

  FidBank UK Broadens Investment Pathways for Nigerians into the UK Market Photo caption:                                                      L – R: The Governor of Lagos State, Mr. Babajide Sanwo-Olu, represented by the Honourable Commissioner for Finance, Mr. Abayomi Oluyomi; Managing Director/Chief Executive Officer, FidBank UK Ltd, Mr. Johnson Ememandu; Chairman, Fidelity Bank Plc, Mrs. Amaka Onwughalu; British Deputy High Commissioner in Lagos, Mr. Jonny Baxter; and Chairman, FidBank UK Ltd and Chief Executive Officer, Fidelity Bank Plc, Dr. Nneka Onyeali-Ikpe; at the FidBank UK Ltd exclusive product showcase held at the British Deputy High Commissioner’s residence in Lagos recently. Leading financial institution, Fidelity Bank Plc’s international subsidiary, FidBank UK Limited, has announced a commitment to support Nigerians – both individual...

  Lagos PDP suspends Bode George, 23 others over anti- party activities The Disciplinary Committee of the Lagos State chapter of the Peoples Democratic Party (PDP) yesterday suspended former Deputy National Chairman of the party,chief Olabode George, and 23 other members over what it described as anti- party activities.  Elder Kayode Ogunbiyi                                         Chairman, PDP Disciplinary Committee  The disciplinary committee in a statement signed by its chairman, Elder Kayode Ogunbiyi,and the secretary,Barrister Desmond Agbo respectively, said the decision became imperative as the party could no longer tolerate conducts that are likely to cause dis affection among members of the party. The decision to suspend George and other erring members was contained in the resolution of the meeting held on Tuesday, May 26, 2026,where various petitions were pre...

                                                                      DISCLAIMER FAKE LETTER CIRCULATING ON THE DEPLOYMENT OF SECURITY PERSONNEL FOR WASSCE FOR SCHOOL CANDIDATES, 2026 The attention of the West African Examinations Council (WAEC), Nigeria, has been drawn to a fraudulent letter making the rounds in the media space. The fabricated letter, dated May 27, 2026, bears the reference number L/SED/12/DIST/VOL. 4/460 and is addressed to "The Proprietor/Principal of schools. The forged document falsely claims that the Council has finalized plans for a "comprehensive deployment" of personnel from the Nigeria Police Force and the Nigeria Security and Civil Defence Corps (NSCDC) to all WAEC examination centers across Nigeria, effective June 1, 2026. The letter also features a forged signature of the Senior Deputy...

  Fidelity Bank grows gross earnings by 38% to N434.95b in Q1 Fidelity Bank Plc recorded 37.9 per cent growth in gross earnings to N434.95 billion in first quarter 2026 as the international commercial bank continued to expand its core banking market share. Interim report and accounts of Fidelity Bank for the three months ended March 31, 2026 released at the Nigerian Exchange (NGX) showed that gross earnings rose from N315.42 billion in first quarter 20025 to N434.95 billion in first quarter 2026, representing an increase of 37.9 per cent. The top-line performance was driven by impressive growth in the bank’s core business operations with interest incomes rising by 22.8 per cent to N314.48 billion in first quarter 2026 as against N256.10 billion in first quarter 2025.  With net interest income at N180.97 billion, the bank closed the period with profit before tax of N92.48 billion. After taxes, net profit stood at N74.47 billion for the three-month period. Earnings per share rem...

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...

  Fidelity Bank Chairman Amaka Onwughalu wins “Women on Bank Boards” at AWBFA 2026  Amaka Onwughalu                                               Chairman Board of Directors, Fidelity Bank Mrs. Amaka Onwughalu, Chairman of the Board of Directors of Fidelity Bank Plc, has emerged winner in the “Women on Bank Boards” category at the Africa Women in Banking and Finance Conference and Awards (AWBFA 2026). The event, themed “Redefining Women’s Leadership in African Finance”, held at the Lagos Marriott Hotel Ikeja on Friday, 8 May 2026, is a platform established to celebrate women driving leadership and impact across Africa’s financial services ecosystem. It also spotlights professionals whose contributions are often overlooked, while advancing visibility for women shaping banking and finance. Ezinwa Unuigboje                ...