Connect with us

News

Fidelity Bank Reaffirms Support for Digital Innovation in Africa

Published

on

Leading financial institution -Fidelity Bank PLC -has restated its devotion to support the development of the African technology sector to actualize its potentials. This was revealed at the Africa Technology Expo (ATE 2024) which took place over the weekend.

Held at the Landmark Event Center, Victoria Lagos, the well-attended event provided an avenue for African businesses to display their creativity and gain opportunities in the competitive tech industry.

In her keynote speech at the event, Dr Nneka Onyeali-Ikpe,OON, Managing Director/Chief Executive Officer, Fidelity Bank Plc, stated that Fidelity Bank is rapidly implementing a digital-based retail-banking strategy by creating an SME business hub to facilitate networking and collaboration among startups, content creators and other digital entrepreneurs.

L – R: Chief Innovation Officer, Africa Technology Expo, Nnaemeka Clinton; Commissioner for Innovation, Science, and Technology in Lagos State, Olatubosun Alake; Executive Director and Chief Risk Officer, Fidelity Bank Plc, Mr. Kevin Ugwuoke; and Vice President, Ventures and Ecosystem, Africa Technology Expo, Cynthia Chisom; at the 2024 Africa Technology Expo (ATE 2024) which took place over the weekend in Lagos.

“At Fidelity Bank, we are convinced that Africa can be the hub of emerging technology and we encourage stakeholders to close ranks to tackle the two main constraints to start-ups tech growth, namely: lack of investment -an internal issue, and inadequate support -an external issue.

“This informs our decision to partner with SPARK Africa and other stakeholders to host the African Technology Expo -a platform for start-ups and participants to meet with investors, growth partners and network amongst leaders in the industry. We are convinced that the 2024 edition can kickstart Africa’s Digital transformation and spur growth across communities and economies. Fidelity Bank seeks to water the seeds for this Digital transformation and we are delighted to host tech start-ups aligned with this purpose”, explained Dr Onyeali-Ikpe, who was represented by the bank’s Executive Director and Chief Risk Officer, Mr. Kevin Ugwuoke.

Speaking earlier at the event, the Lagos State Governor, Babajide Sanwo-Olu, who was represented by the Commissioner for Innovation, Science, and Technology in Lagos State, Olatubosun Alake, highlighted the State’s intervention in the technology and innovation industries while acknowledging the role of tech startups in driving economic growth and social development.

On his part, the Chief Innovation Officer of the Africa Technology Expo, Nnaemeka Clinton, pointed to the commendable growth and innovation within the African tech industry in his welcome address, noting that, “From the wider tech landscape of the African continent to the busy hubs of Accra and Lagos, we have witnessed relentless innovation that is shaping our future.”

He acknowledged the challenges faced by startups, including competition and the need for more support, but stressed the resilience and potential of African tech entrepreneurs.

Ranked as one of the best banks in Nigeria, Fidelity Bank is a full-fledged commercial bank with over 8.3 million customers serviced across its 251 business offices in Nigeria and the United Kingdom as well as on digital banking channels.

The bank has won multiple local and international awards including the Export Finance Bank of the Year at the 2023 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, the Best Payment Solution Provider Nigeria 2023 and Best SME Bank Nigeria 2022 by the Global Banking and Finance Awards; Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence 2023; and Best Domestic Private Bank in Nigeria by the Euromoney Global Private Banking Awards 2023.

News

Boko Haram Demands $300,000 Ransom For Abducted Borno Ex-LG Chair, Another Victim

Published

on

By

A new video has emerged showing two men reportedly kidnapped by Boko Haram insurgents in Borno State, pleading for assistance to secure their release.

 

One of the captives, former Biu Local Government Area Chairman Hassan Biu Miringa, revealed that their abductors are demanding a $300,000 ransom.

 

Miringa said he and another individual were taken in December 2025 and have remained in the custody of the militants.

 

In the video shared by Zagazola Makama, Miringa introduced himself, saying: “I am Hassan Biu Miringa, former Chairman of Biu Local Government from 2020 to 2022. Four years after my tenure, we were kidnapped by the soldiers of Khilafa about two weeks ago. Alhamdulillah, we are still alive, but we urgently need help to save our lives.”

 

He added that negotiations with the kidnappers had been underway, with some preliminary agreements reportedly reached.

 

“We have engaged them on four separate occasions and reached an understanding. We appeal to our leaders, especially Borno State Deputy Governor Alhaji Usman Umar Kadafur, the National Assembly representative for Biu, Kwaya, and Shani Hon. Betera Aliyu, as well as our community leaders, to temper justice with mercy and assist us. We are their children and have been working together,” Miringa said.

 

He confirmed the ransom demand, explaining that each captive is expected to pay $150,000, totaling $300,000 for their freedom, and pleaded for urgent intervention to reunite with their families.

 

The video highlights ongoing concerns over kidnappings and insecurity in southern Borno State, which have persisted despite government efforts to curb insurgent activity in the region.

Continue Reading

News

How Rivers Women Spread Wrappers For Wike’s Motorcade During Port Harcourt Visit

Published

on

By

The Minister of the Federal Capital Territory, FCT, Nyesom Wike, on Saturday visited Port Harcourt City Local Government as part of his “thank you” visit across Rivers State.

 

Upon his arrival, a group of women displayed a symbolic gesture of loyalty by spreading their wrappers on the ground for his motorcade.

 

The women and supporters of the Minister were in a jubilant mode as Wike drove on the wrappers.

 

Wike has been going around local governments in the state to appreciate them for their support while reeling out moves ahead of the 2027 general elections.

 

In the course of his visits, the Minister had fired several salvos at political actors in the state, warning that their sudden support for President Bola Tinubu won’t secure them any ticket in 2027.

 

Wike also renewed rivalry with Governor Sim Fubara over the leadership control of the political space in the state.

 

Continue Reading

News

Impeachment Proceedings Against Fubara, Deputy Still Active – Rivers Assembly

Published

on

By

The Rivers State House of Assembly has officially reaffirmed that the impeachment proceedings against Governor Siminalayi Fubara and his deputy, Prof. Ngozi Odu, are ongoing and have not been suspended.

 

The Assembly said the process is still ongoing and is being conducted strictly in line with constitutional provisions.

 

This was contained in a statement issued on Friday by the Chairman of the House Committee on Information, Petitions and Complaints, Hon. Enemi George.

 

According to the statement, the impeachment process, which began on Thursday, January 8, 2026, remains on course in line with the 1999 Constitution of the Federal Republic of Nigeria (as amended).

 

The lawmakers disclosed that separate notices of allegations bordering on gross misconduct have been served on both the governor and his deputy in line with Section 188 of the Constitution.

 

“The notices of allegations of gross misconduct against the Governor and the Deputy Governor have been duly forwarded to them by the Speaker of the House, Rt. Hon. Martins Amaewhule, and the House is awaiting their responses,” the statement said.

 

The Assembly maintained that it is constitutionally obligated to act in the interest of the rule of law and ensure that no public office holder acts outside legal boundaries.

 

Reacting to reports suggesting that the impeachment move had been halted, the House accused some individuals and media outlets of deliberately spreading misinformation to mislead the public and stir tension between the legislature and Rivers residents.

 

The lawmakers described such reports as false and insisted they would not succumb to intimidation, threats, or blackmail.

 

“We are aware of renewed attempts by certain persons and media platforms to misinform the public by claiming that the impeachment process has been discontinued. The public should disregard such falsehoods, as the process remains active,” the statement added.

 

The Assembly reaffirmed its commitment to democratic principles and constitutional responsibilities, stressing that it would not be distracted by what it termed “cheap propaganda.”

 

It also appreciated the people of Rivers State for their support and prayers amid the ongoing political developments and extended goodwill to Nigerians committed to the nation’s democratic journey.

 

JomogNews reports that during Thursday’s plenary session, presided over by the Speaker, the Majority Leader, Major Jack, formally read the notice of allegations of gross misconduct against Governor Fubara on the floor of the House.

 

 

 

Continue Reading

Trending