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Fidelity Bank appoints Mohammed Balarabe as the acting MD/CEO

The Board of the bank said the Executive Director, North, Mohammed Balarabe, was appointed as the acting Managing Director/Chief Executive Officer with immediate effect...

Aftermath of Okonkwo’s Arrest: Panic Withdrawals Hit Fidelity Bank, Experts Predict Share Price Fall

….Court orders EFCC to hold him, bank takes desperate measures to stay afloat   These are certainly not the best of times for the Managing...

$115m cash deposit was duly reported, says Fidelity Bank

The management of Fidelity Bank Plc on Thursday said the $115 million cash transfer, which led to the arrest of its Managing Director and...

First Bank to sack 1000 staff

No fewer than one thousand Staff of First Bank of Nigeria (FBN) will be sacked owing to the “very bad” 2015 earnings, which saw...

CBN records N123bn operating surplus

The Central Bank of Nigeria’s (CBN) Consolidated and Separate Financial Statements for the year ended 2015 released on Wednesday showed that its net income...

NCDMB Unveils Plans For National Oil And Gas Park

…..As NEITI Warns Against NNPC 445,000bpd …….Stakeholders Speak On Achieving Local Content The Nigerian Content Development and Monitoring Board (NDCMB) has listed key gains and challenges...

Electricity: Mining coy begins generation of 300MW from coal

The Executive Director, Corporate Relations of the ETA-Zuma, Mr Joseph Ayalogu, on Friday said the company will start generating 300 megawatts of power from coal...

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