The Abuja Times
Fidelity Bank Successfully Redeems $400 Million Eurobond Upon Maturity

Fidelity Bank Successfully Redeems $400 Million Eurobond Upon Maturity

OCT 28, 6:45 PM

Fidelity Bank Plc has completed the redemption of its $400 million Eurobond, originally issued in October 2021, marking a significant milestone in its financial operations. This five-year bond, which matured on October 28, 2026, featured a coupon rate of 7.625 percent, reinforcing the bank's commitment to fulfilling its financial obligations.

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Senate Urges Tinubu to Honor Late Afenifere Leader Reuben Fasoranti with Institutional Renaming

OCTOBER 28, 5:45 PM•BY The Abuja Times

In a gesture of respect, the Nigerian Senate has called on President Bola Ahmed Tinubu to rename an educational institution in memory of the late Reuben Fasoranti, a prominent Afenifere leader who passed away last week. This tribute reflects the significant impact Fasoranti had on the socio-political landscape of Nigeria.

Senate Urges Tinubu to Honor Late Afenifere Leader Reuben Fasoranti with Institutional Renaming

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GTCO Reports 12% Decline in Nine-Month Profit Amid Rising Costs

GTCO Reports 12% Decline in Nine-Month Profit Amid Rising Costs

Guaranty Trust Holding Company (GTCO) has announced a 12% drop in profit for the first nine months of the year, attributing the decline to soaring interest expenses that surged by nearly 28%. Despite an increase in interest income, the financial services group is grappling with the pressures of rising operational costs.

BY The Abuja Times• 2 COMMENTS
Corruption Allegations Surface Against Former Aviation Minister Hadi Sirika

Corruption Allegations Surface Against Former Aviation Minister Hadi Sirika

Former Minister of Aviation, Hadi Sirika, faces serious corruption charges related to a controversial N1.3 billion contract awarded to a close associate. Testimonies reveal potential favoritism in the awarding of the Nigeria Air project, raising questions about governance and accountability in Nigeria's aviation sector.

BY The Abuja Times• 0 COMMENTS
Nigeria's Economic Outlook Brightens as Fitch Upgrades Credit Rating

Nigeria's Economic Outlook Brightens as Fitch Upgrades Credit Rating

The Nigerian government has welcomed Fitch Ratings' decision to upgrade the country's credit outlook from Stable to Positive, attributing the change to improvements in foreign exchange reserves and economic reforms. This development signals growing confidence in Nigeria's economic recovery amid easing inflationary pressures.

BY The Abuja Times• 2 COMMENTS

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The Abuja Times Daily Brief: National Security, Economic Policy, and Federal Governance Review
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APC Unveils Supplementary List for Tinubu's 2027 Presidential Campaign Council

The All Progressives Congress (APC) has released a supplementary list detailing appointments for its presidential campaign council, aimed at bolstering support for Bola Ahmed Tinubu's 2027 bid. This comprehensive roster includes leaders and members across various directorates and operational units within the council.

OCTOBER 28, 9:15 PM•BY The Abuja Times
APC Unveils Supplementary List for Tinubu's 2027 Presidential Campaign Council

October: A Call for National Conscience and Reflection

Cyril Abaku proposes that October should be designated as Nigeria's National Month of Conscience, emphasizing the importance of reflection and confronting unresolved injustices. This month, which marks significant anniversaries in Nigeria's history, calls for more than ceremonies—it demands truth-telling and accountability.

OCTOBER 28, 8:45 PM•BY The Abuja Times
October: A Call for National Conscience and Reflection

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Tributes Flow as Toluwanisings' Wife Remembers Late Gospel Artist
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Tributes Flow as Toluwanisings' Wife Remembers Late Gospel Artist

OCT 27, 10:45 PM•BY The Abuja Times

At a heartfelt tribute night, Toluwanisings' wife expressed her profound grief, stating, 'I will forever miss you,' following the sudden passing of the beloved gospel artist. The event brought together friends, family, and fans to honor his impactful life and legacy.

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The Abuja City Gate
Airport Road, Abuja•Photo: FCT Photo Desk

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