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Fidelity Bank hits N1trn market cap after share price increase

The market capitalisation 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, a report by TheCableNG said. According to data from the Nigerian Exchange Group (NGX), the bank’s market capitalisation hit N1 trillion after …

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President Tinubu rejects NDLEA Amendment Bill

President Bola Tinubu has declined assent to the National Drug Law Enforcement Agency (NDLEA) Amendment Bill, 2025, recently passed by the National Assembly. The News Agency of Nigeria (NAN) reports that the bill proposes granting the NDLEA the power to retain a portion of the proceeds from drug related crimes …

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Ex- PDP chairman dies

A former chairman of the Peoples Democratic Party (PDP) in Ebonyi, Dr Augustine Alugbala Nwazunku is dead. Dr. Nwazunku, a one-time governorship aspirant on the PDP platform during the 2023 general election, was until his death, a consultant and Associate Professor of Environmental Health at the Faculty of Health Sciences, …

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INEC fixes August 16 for by-elections in 16 constituencies

The Independent National Electoral Commission (INEC) has scheduled bye-elections in 16 constituencies across 12 states for August 16, 2025. The announcement was made on Thursday by INEC Chairman, Professor Mahmood Yakubu, during a meeting with leaders of registered political parties in Abuja. According to Prof. Yakubu, the bye-elections would involve …

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President Tinubu signs four Tax Bills into law

President Bola Tinubu has signed the four tax reform bills recently passed by the National Assembly into law. The ceremony took place at the Presidential Villa on Thursday. The ceremony was witnessed by top government officials including the President of the Senate, Godswill Akpabio, the Speaker of the House of …

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NIMC trains corps members for nationwide NIN ward enrolment

The National Identity Management Commission (NIMC), in partnership with the Ministry of Youth Development and the National Youth Service Corps (NYSC), has commenced the training of selected Youth Corps members to drive the National Identification Number (NIN) enrolment in all the wards in the country. According to a statement by …

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US trains Nigeria, others on effective drug enforcement

Special Agents from the U.S. Drug Enforcement Administration (DEA), will host an advanced-level course for 35 law enforcement, prosecutors, magistrates, and training personnel from Botswana, Ghana, Nigeria, Senegal, Sierra Leone, The Gambia, and Togo. According to a statement by the U.S. Embassy, “the training addresses the growing threat of transnational …

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