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Business

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

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ICT

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Governors, NCC Set for Broadband Awareness Forum Oct 20

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

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NGX Reaffirms Leadership in Advancing Africa’s Islamic Finance Ecosystem

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SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

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Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

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AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

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Sovereign Trust Insurance Secures Board’s Approval to Raise N5bn Capital

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Insurers Support Partnership with State Govts to Drive Insurance Penetration in Nigeria

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Business

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

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NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

NGX T+2 Settlement Cycle ‘Goes Live’ Event

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FG Reassures Investors, Pledges Balanced Capital Gains Tax Outcomes as NGX Lists MREIF

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NGX Reaffirms Leadership in Advancing Africa’s Islamic Finance Ecosystem

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Insurance

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

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Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

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AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

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Sovereign Trust Insurance Secures Board’s Approval to Raise N5bn Capital

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AGF: Why We Discontinued Legal Action Against Fidelity Bank CEO

The attention of the Office of the Attorney General of the Federation and Minister of Justice has been drawn to reactions trailing the discontinuation of the criminal charge against the Managing Director and Chief Executive Officer MD/CEO of Fidelity Bank Plc.

The Attorney General’s decision to discontinue the criminal charge against Dr. Nneka Onyeali-Ikpe, MD/CEO of Fidelity Bank Plc, is a testament to the office’s commitment to upholding justice and fairness. As the chief law officer of the federation, the AGF has the constitutional power to enter a nolle prosequi, discontinuing a prosecution where it is deemed necessary to prevent a miscarriage of justice.

This decision followed a careful review of the case which did not connect Dr. Onyeali-Ikpe to the charge as she was neither the account officer nor the Managing Director of the Fidelity Bank when the account used in the alleged scheme of fraud was opened.

The Attorney General’s decision is guided by the principles of justice, fairness, and the rule of law, and we have every confidence that this decision is in the best interest of justice and the public.

This decision does not to exculpate Fidelity Bank from the allegations contained in the charge which is still pending before the court, but rather a demonstration of the Attorney General’s duty to ensure that justice is served.

We urge the public to allow the legal process to run its course and to refrain from speculation or jumping to conclusions.

The AGF will ensure that the best interest of Justice is served at all times and that all those found wanting, at any time, face the full weight of law to serve as a deterrent to others.

Kamarudeen Ogundele

S A to the President on Communication Publicity,

Office of the AGF& Minister of Justice

June 09, 2025

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Topics

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Diamond Bank Earnings: Succumbing to Cost & Regulatory Pressures?

Diamond Bank Plc recently published its audited FY: 2014 and Q1:2015 results on March 30, 2015 and April 13, 2015 respectively on the floor of the Nigerian Stock Exchange (NSE). The results show mixed performances at the top and bottom lines. We present the highlights of the FY: 2014 result, Q1:2015 and our 2015 estimates below:

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