Fidelity Bank Plc increases its dividend payout by 59% in 2020
Nigerian lender, Fidelity Bank Plc has announced a dividend payment of N0.35 kobo per 50 kobo ordinary share. The ordinary share is for the financial year ended 31 December, 2021. The dividend declared for the period is a 59% increase from what the bank paid its shareholders in 2020 (N0.22
Innoson vehicle to establish new manufacturing plant in Owerri
Indigenous automobile manufacturer, Innoson Vehicle Manufacturing (IVM) Company, has as part of its expansion drive. And announced plans to establish another manufacturing plant in Owerri, Imo State. The current expansion effort by the Innoson Group is to actualize its mission to become a giant in vehicle manufacturing in Africa by
US sentences a Nigerian prince to prison
By Dooshima Fidelis A Nigerian prince, identified as Sobanke Idris Sunday Adereti, 24, pleaded guilty on Oct. 25, 2021, to passport fraud and attempted bank fraud, and was sentenced to 33 months in federal prison in Texas, US. Adereti was arrested on Wednesday, March 30, by U.S. District Judge Jeremy
Women march to Aso rock in support of Tinubu, call for consensus
Thousands of Women and youths from across the 19 northern states of Nigeria on Friday, April 1 marched to Aso Rock They demand the adoption of All Progressive Congress (APC) aspirant, Bola Tinubu as the consensus candidate of the party in the forthcoming 2023 presidential election. The Nigerians said Tinubu
Kaduna state: Government to bomb bandits from existence
By Dooshima Fidelis The Kaduna State Governor Mallam Nasir El-Rufai has renewed his call that security forces should bomb bandits out of existence from the state. The governor made this call following last Monday’s night attack on the Abuja-Kaduna train. He noted that there was a collaboration between bandits and
Breaking: Final draw for Qatar 2022 World Cup
The draw for the 2022 World Cup takes place today at 19:00 local time in Doha, Qatar, as the group stage for the 32 nations is announced. Of the 32 teams involved, only 29 have been confirmed, as two intercontinental play-off matches will take place in June, while in Europe
Court grants N2m Bail to church general overseer
A Federal High Court sitting in Lagos State on Friday, April 1, granted General Overseer of Christ Living Hope Church, bail to the tune of N2m. Adaeventsnews gathered that operatives of the National Drug Law Enforcement Agency, NDLEA, arrested the cleric with drugs at the Murtala Muhammed International Airport on
Tinubu too weak, he should leave presidential ambition for younger, healthier Nigerians –Pete Edochie
Nollywood veteran, Pete Edochie said one of the All Progressives Congress aspirants, Bola Tinubu, is too old and weak for 2023 Presidency. Tinubu, a former Lagos governor, is also the national leader of the party. However, the actor noted that Tinubu has been in power for a long time until
Aliko Dangote, gains $915 million in Q1, now worth $20 billion
Aliko Dangote, the richest man in Africa, posted decent gains in Q1 despite increased geopolitical uncertainty and high inflation. Bloomberg Billionaires Index data shows that the wealthiest black man in the world now has an estimated net worth of $20 billion and posted gains of about $915 million in the
Police arrests three members of dreaded Awawa cult group
Police officials of Lagos Rapid Response Squad (RRS) have arrested three notorious Awawa cult members in order to reduce the rising crime and violence in Agege area of the state. The suspects are Abubakar Mohammed (26), Nofiu Odusanya (19), and Idowu Daramola (22). The Commander, Rapid Response Squad (RRS), two