Fitch Ratings has upgraded Fidelity Bank Plc’s long-term issuer default rating (IDR) from ‘B-’ to ‘B,’ reflecting the bank’s increased creditworthiness. The rating agency also upgraded Fidelity’s National Long-Term Rating to ‘A(nga)’ from ‘BBB+(nga).’ According to the global rating agency,…
The police on Wednesday brought six men before a Yaba Chief Magistrates’ Court in Lagos State for allegedly breaking into a church and stealing musical instruments worth N28 million. The defendants are Kelechi Israel, 39; James Abichele, 28; Simon Abi,…
A 67-year-old traditional chief, Atemoloro Anthony, was, on Wednesday, arraigned before an Ado-Ekiti Chief Magistrates’ Court over alleged unlawful damage and forcible entry. Anthony, whose address was not provided, is facing a four-count charge, bordering on conspiracy, forcible entry, unlawful…
A Kano Chief Magistrates’ Court sitting on Wednesday, ordered the remand of two men, Abdullahi Hassan and Ibrahim Mu’azzam, 25, in a correctional centre, for alleged robbery attempt. Hassan, 22, and Mu’azzam, 25, both residents of Kurna Quarters, Kano State,…
The Lagos State Directorate of Public Prosecutions (DPP) has dropped a charge of defilement filed against Kingsley Okwumbu, a former driver of Beehive Nursery and Primary School, Agidingbi in Ikeja, Lagos. He was accused raping a three-year-old pupil of the…
The police on Wednesday brought a 40-year-old man, Isaiah Ighosere, before a Badagry Chief Magistrates’ Court in Lagos State, for allegedly defrauding a loan service company, of N400,000. Ighosere, who has no fixed address, is facing a three-count charge of…
The Lagos State government, on Wednesday, engaged construction experts on domestication of the National Building Code (NBC) to develop standards to tame building collapse. The experts brainstormed at a workshop in Ikeja, organised by the Lagos State Ministry of Physical…
The Nigerian Content Development and Monitoring Board (NCDMB) on Tuesday sought the support of security agencies in its bid to enforce the Nigerian Content Act in the oil and gas industry. Executive Secretary, NCDMB, Mr Simbi Wabote, made the appeal…
Some Oil and Gas experts have advised the Federal Government to fully leverage on our domestic potential to end the incessant hike in price of Liquefied Petroleum Gas (LPG). The experts also called for a better storage capacity of LPG,…
That Nigeria is peddling the lines of food insufficiency is inarguable. The profile of such insufficiency has brought before sight a looming food crises. The profile of food inflation recently have only put unsavoury thirst in the mouth of many.…
