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Fidelity Bank Strengthens Leadership With New Board Appointments

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In a strategic move to sustain its impressive performance, leading financial institution Fidelity Bank Plc has announced significant changes to its Board of Directors, effective January 14, 2025.

According to a regulatory filing on the corporate disclosure portal of NGX Regulation Limited, the Bank has received the Central Bank of Nigeria’s (CBN) approval to appoint Alhaji Abdullahi Sarki Mohammed as an Independent Non-Executive Director, Ms. Obiaku Augusta Okam as a Non-Executive Director, and Mr. Sufiyanu Ibrahim Garba as an Executive Director, all effective January 14, 2025.

Alhaji Mohammed brings over 36 years of experience in financial services, public administration, and human resources development, having held key leadership and executive roles at prestigious institutions including First Bank of Nigeria Plc and Polaris Bank Limited. His extensive expertise encompasses banking, public service, and business advisory.

Ms. Okam boasts more than 30 years of impressive experience across banking, financial services, real estate, and retail sectors. Currently the Managing Director/CEO of Skycurve Nigeria Limited, she has held leadership positions at Zenith Bank Plc and Nigeria International Bank Limited (Citibank).

 

Mr. Garba has over 30 years of multifunctional and cross-border experience at leading financial institutions in Nigeria and the United Kingdom including executive and leadership roles at prestigious financial and non-financial institutions such as Access Bank Plc, Union Bank of Nigeria Plc and Keystone Bank Limited. His career background spans banking, financial services, public service, general management and business origination across a broad range of segments.

Commenting on the appointment, Mustafa Chike-Obi, Chairman of Fidelity Bank Plc stated that “The Board welcomes these distinguished individuals and looks forward to leveraging their extensive experience to drive the Bank’s strategic objectives and further its growth trajectory.”

 

In a separate regulatory filing on January 16, 2025, the Bank announced the meritorious retirement of Alhaji Isa Mohammed Inuwa, a former Independent Non-Executive Director, and Mr. Chidi Agbapu, a former Non-Executive Director, following the completion of their tenures in line with the Bank’s policies whilst expressing sincere appreciation for their service and wishing them the very best in their future endeavours.

Ranked among the best banks in Nigeria, Fidelity Bank is a full-fledged customer commercial bank serving over 8.3 million customers through its 251 business offices in Nigeria and the United Kingdom, as well as through digital banking channels. The bank has garnered multiple local and international awards, including the Export Finance Bank of the Year at the 2023 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, Best Payment Solution Provider Nigeria 2023, and Best SME Bank Nigeria 2022 by the Global Banking and Finance Awards. It was also recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence 2023 and the Best Domestic Private Bank in Nigeria by the Euromoney Global Private Banking Awards 2023.

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Tinubu The Best Thing To Happen To Nigerians, Says Lagos Assembly

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Members of the Lagos State House of Assembly on Thursday listed some achievements of the Bola Tinubu-led administration describing the President as a blessing to Nigeria.

Speaking during plenary, the lawmakers took time to eulogise the President saying he came into office at a time when Nigerians were at a crossroads over the country’s socio-economic status before the 2023 elections.

Raising the motion, Hon. Tobun Abiodun (Epe I) told his colleagues that the policies initiated by Tinubu had begun to yield positive results in less than two years of his being in office.

Tobun noted that the country’s GDP had been boosted following Tinubu’s economic expertise. According to him, this is further reflecting in the current continuous strength of the Naira.

“Currently, the policies are yielding positive results and the Gross Domestic Product (GDP) has increased. The value of naira is gradually gaining strength.

“There is no more fuel scarcity anymore in the country. We need to encourage the federal government to continue on the good pedestrian it started two years ago,” Hon. Tobun said.

In his contribution, the Majority Leader of the House, Hon. Adewale Temitope (Ifako-Ijaiye I) said the President’s steps had shown that he was prepared before he took the baton of leadership.

Temitope said the Federal Government under Tinubu continues to meet the yearnings of Nigerians citing the refineries that are in operation and that have led to drops in the price of Premium Motor Spirit (PMS).

He re-echoed the efforts and sacrifices made by Tinubu, who he described as a true democrat, for the continued successes and strength of the ruling All Progressives Congress (APC) both in the state and the nation.

He said the House remains committed to the ideals of the party, its leadership and the Governance Advisory Council (GAC), a team of elders that continue to guide the party in Lagos.

On his part, Hon. Gbolahan Yishawu (Etim Osa II) praised the President for his fight against insecurity and his reducing inflation.

Contributing to the debate, Hon. Aro Moshood (Ikorodu II), commended the President for the upward review of the country’s minimum wage, his investment drive that has seen the country securing over $40 million and for assuaging the effects of the removal of subsidy.

Speaker Mojisola Meranda expressed optimism that the President would meet the yearnings of Nigerians.

“I know President Tinubu will take us to the Promised Land. When he started, it was rough but it is becoming obvious the policies are yielding results.

“This is a positive result happening within the short time Tinubu came into power. Tinubu’s investment in the security architecture is also yielding results as we have insecurity reducing,” she said.

She directed the acting Clerk of the House, Abubakar Taiwo Ottun, to send a commendation letter to the President acknowledging the positive impact of his policies and programmes.

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Tinubu Approves Retirement Age Increase For Doctors, Healthcare Workers To 65 Years

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President Bola Tinubu has approved an increase in the retirement age for doctors and other healthcare workers from 60 to 65 years.

Dr Mannir Bature, national publicity secretary, Nigerian Medical Association (NMA), made the disclosure in a statement on Wednesday in Lagos.

Bature said the coordinating minister of Health and Social Welfare, Professor Muhammad Pate, has been directed to formally present the approval to the council on establishment through the office of the Head of Service for finalisation.

He said the policy shift was conveyed by Pate during a high-level meeting with the

NMA President, Professor Bala Audu, and key stakeholders in the health sector.

Bature said the meeting also had in attendance the leadership of the Medical and Dental Consultants Association of Nigeria (MDCAN), the National Association of Nigerian Nurses and Midwives (NANNM) and the Joint Health Sector Unions (JOHESU).

He said discussions centred on progress made regarding the welfare of doctors and other healthcare professionals in Nigeria.

According to him, the coordinating minister confirmed that the arrears resulting from the adjustment of the Consolidated Medical Salary Structure (CONMESS) are set for payment.

“The necessary funds have been secured, and disbursement to beneficiaries will commence soon,” he said.

Bature quoted the minister as saying that President Tinubu has approved the correction of consequential adjustments for both CONMESS and the Consolidated Health Salary Structure (CONHESS), arising from the implementation of the new minimum wage.

“The process to effect this correction is at an advanced stage, providing much-needed relief to doctors and other healthcare workers” he said.

He said following an extensive review initiated by the NMA, approval has been granted for the implementa tion of new tariffs for healthcare service providers.

“This will particularly benefit members of the Association of Nigerian Private Medical Practitioners and Nurses (ANPMPN), ensuring better financial remuneration and sustainability for healthcare services nation-wide,” he said.

Bature said the coordinating minister expressed appreciation for the patience and collaboration of all stakeholders, reaffirming the Federal Government’s commitment to improving the welfare of all healthcare workers.

He said attendees at the meeting renewed their commitment to work together in advocating for the welfare of healthcare workers and ensuring the full implementation of key reforms.

The News Agency of Nigeria (NAN) reports that NMA has championed increasing the retirement age of health workers from 60 to 65 years to address brain drain, improve knowledge transfer and for quality healthcare delivery.

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First Lady Commiserates With Families Of 17 Zamfara School Fire Victims

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The First Lady, Senator Oluremi Tinubu, has condoled with the families of those who died in a fire outbreak that affected an Islamic school in Kaura Namoda, Zamfara State, on Tuesday night.

The police in Zamfara confirmed the death of 17 almajiris (street children), while 17 others were injured in the fire incident in Kaura Namoda Local Government Area.

In a statement on Thursday, Senator Tinubu also commiserated with Governor Dauda Lawal of Zamfara over the tragic incident.

“I pray Allah to comfort and give the families and loved ones of the departed the fortitude to bear this painful loss.

“This, once again, brings to mind the need for precautionary safety measures in all our public facilities.

“I pray that such an incident will not recur, not only in Zamfara but in any other part of Nigeria.

“May Allah grant the souls of the departed Aljannah Firdaus,” she said.

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