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FidBank Ltd Broadens Investment Pathways For Nigerians Into UK Market

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FidBank

FidBank Ltd Broadens Investment Pathways For Nigerians Into UK Market

FIDBANK UK Limited
Leading financial institution, Fidelity Bank Plc’s international subsidiary, FidBank UK Limited, has announced a commitment to support Nigerians – both individuals and corporations – in acquiring properties in the United Kingdom.

Fidbank UK is to deliver tailored financial solutions for individuals seeking to invest in the UK real estate market through its Buy-to-Let product.

Fidbank UK which provides a comprehensive suite of financial services, including trade finance, personal and business banking, treasury services, commercial lending, and private banking, is set to deliver tailored financial solutions for high-net-worth individuals (HNIs) seeking to invest in the UK real estate market through its FidBank Buy-to-Let product.

This announcement was made at an exclusive product showcase hosted by the British Deputy High Commissioner, Mr. Jonny Baxter at his Residence in Lagos on Tuesday, 26 May 2026. The event was attended by a select audience comprising captains of industry and corporate leaders.

Highlighting the significance of the event, the Managing Director/Chief Executive Officer of FidBank UK Ltd, Mr. Johnson Enemadu, said: “This event is about showcasing to the market and our customers that there is something exciting in the market and we are able to take them along in this journey, supporting their businesses by bringing capital both in the financial institutions and corporate space and also for our high networth inidividuals. It is a total experience.

“Today’s event is also taking place against the backdrop of strengthened bilateral relations between Nigeria and the United Kingdom, highlighted by the recent state visit of the President of the Federal Republic of Nigeria to the UK. This renewed engagement between both countries continues to unlock new pathways for trade, investment, and financial collaboration; and FidBank UK is pleased to play a leading role in driving this.”

In his welcome remarks, the British Deputy High Commissioner in Lagos, Mr. Jonny Baxter said: “The United Kingdom remains firmly committed to deepening its economic partnership with Nigeria, with a clear focus on driving inclusive, sustainable investment, trade and economic growth. London’s position as a leading global financial centre is central to this, supported by robust financial infrastructure that enables efficient trade flows and seamless cross-border transactions between our markets.

“It is, therefore, encouraging to see institutions such as FidBank UK advancing financial service offerings that not only expand investment opportunities in the UK, but also strengthen the financial systems supporting growing commercial ties. We welcome and support efforts that continue to enhance liquidity, facilitate trade, and drive sustainable UK-Nigeria economic connections.”

The well-attended event also featured art exhibitions by two of Nigeria’s leading visual art talents -Femi Morakinyo and Oswald Chukwunyeremugo – who displayed their latest works to the admiration of the guests.

FidBank

FidBank

Also speaking at the event, the Governor of Lagos State, Mr. Babajide Sanwo-Olu, represented by the Honourable Commissioner for Finance, Mr. Abayomi Oluyomi, lauded the initiative as it aligned with the administration’s T.H.E.M.E.S. Agenda, saying: “FidBank UK offers a private banking relationship grounded in regulatory rigour and institutional trust. This is not a catalogue of products, it is a comprehensive financial architecture built for people who live, work and invest across the Nigerian-UK corridor.”

Operating from the heart of the City of London since 1983, FidBank UK provides a comprehensive range of banking services to customers doing business from and into Nigeria and other West African countries, including trade finance, personal banking, business banking, treasury services, commercial lending and private banking.

The bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority and subscribe to the Financial Services Compensation Scheme. Eereporter.com

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Appeal Court Refuses Bail For Ex-FCTA Director Jailed For N319M Fraud In The ICPC Case

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Appeal Court Refuses Bail For Ex-FCTA Director Jailed For N319M Fraud In The ICPC Case

The Court of Appeal, Abuja, has refused the application for bail pending appeal filed by Mr. Garba Mohammed Dukku, a retired Director of Finance and Administration with the Abuja Metropolitan Management Council (AMMC) under the Federal Capital Territory Administration (FCTA), who was convicted and sentenced to 24 years’ imprisonment for the diversion of public funds amounting to approximately N319 million.
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Mr. Dukku had approached the Court of Appeal seeking to be admitted to bail pending the determination of his appeal against the judgment of the Federal High Court, Abuja, which sentenced him to a total of 24 years imprisonment for corruption and money laundering offences.

In its ruling, the Court of Appeal held that the Appellant/Applicant failed to show any exceptional circumstance to warrant the exercise of the Court’s discretion in granting bail pending appeal. The Court consequently refused the application.

The Court, however, granted an accelerated hearing of the substantive appeal in order to ensure the expeditious determination of the matter.

Mr. Dukku was convicted by the Federal High Court, Abuja, presided over by Honourable Justice James Omotosho, on six counts bordering on corruption and money laundering in charge number FHC/ABJ/CR/608/2022.

The ICPC had established during trial that between 2012 and 2013, Mr. Dukku fraudulently diverted a total sum of N318,250,000 belonging to the AMMC into his personal Fidelity Bank account in various tranches, including N56.25 million, N71 million, N53 million, N54 million, N46 million, and N36.3 million.

The Commission further proved that the diverted funds were subsequently transferred to Bureau de Change operators for unauthorized purposes.

Although Mr. Dukku claimed during trial that the funds were handed over to his superiors, the Federal High Court dismissed the defence for lack of credible evidence and held that the prosecution had proved its case beyond reasonable doubt.

Justice Omotosho consequently sentenced the convict to four years’ imprisonment on each of the six counts, amounting to a total jail term of 24 years. The Court also imposed an option of fine equivalent to five times the amount involved in each count, totaling approximately N1.6 billion.

The ICPC welcomes the decision of the Court of Appeal refusing bail pending appeal and views it as a reaffirmation of the principle that applications for such relief must be supported by exceptional and compelling circumstances.

Appeal Court

Appeal Court

The Commission remains resolute in its commitment to the diligent prosecution of corruption cases and the protection of public resources from abuse and misappropriation.

J. Okor Odey
Head, Media and Public Communications, ICPC
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IGP Disu Unveils CNG Buses Donated By Sterling Oil At Force Headquarters

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IGP Disu Unveils CNG Buses

IGP Disu Unveils CNG Buses Donated By Sterling Oil At Force Headquarters

The Inspector-General of Police, IGP Olatunji Riliwan Disu, psc (+), NPM, today officially unveiled two (2) newly acquired Compressed Natural Gas (CNG) buses donated to the Nigeria Police Force by Sterling Oil Exploration and Energy Production Company Limited (SEEPCO) at the Force Headquarters, Abuja.
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The unveiling ceremony was attended by Senior Police officers alongside key executive management from SEEPCO, including the Managing Director, Mr. Mohit Barot; Director of Business Development, Mr. Raj Bhargava; and its Public Relations Officer and other officials.

Speaking at the event, IGP Disu commended Sterling Oil for its generous corporate social responsibility initiative, emphasizing that the eco-friendly CNG buses will significantly enhance welfare logistics and operational mobility for personnel.

IGP Disu Unveils CNG Buses

IGP Disu Unveils CNG Buses

The leadership of SEEPCO reaffirmed the company’s commitment to supporting security agencies and bolstering public safety efforts across the nation.
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ICPC Charges Security Personnel On Professional Conduct, Says “First Impressions Last”

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ICPC Boss

ICPC Charges Security Personnel On Professional Conduct, Says “First Impressions Last”

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has charged officers of its Internal Security and Support Unit (ISSU) to recognise that their conduct at the reception desk is more than a mere formality; it is a direct reflection of the Commission’s integrity and commitment to public trust.
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The admonition came during a one-day sensitisation and capacity-building programme held recently at the Commission’s Headquarters in Abuja, designed to sharpen the skills of ISSU personnel who serve as the frontline ambassadors of the anti-graft agency.

Representing the Secretary to the Commission, Mr. Clifford Okwudiri Oparaodu, the Director of Legal Services, Mr. Henry Emore, underscored that the manner in which visitors are received leaves an indelible impression on the public perception of the ICPC.

“While professionalism and courtesy must guide your interactions, vigilance and firmness in executing security protocols remain equally non-negotiable,” Emore stated. He expressed optimism that the training would empower officers with the requisite competencies to discharge their duties with excellence and distinction.

In her welcome address, the Service Improvement Officer, Mrs. Chinenye Thelma Ani, noted that the programme was meticulously designed to acknowledge the pivotal role ISSU personnel play as the Commission’s first point of contact with citizens.

The training, she explained, would strengthen capacities in customer service, effective communication, conflict management, protocol adherence, and other critical areas that foster efficient service delivery and bolster public confidence in the Commission’s operations.

Describing the initiative as timely, the Head of the Internal Security and Support Unit, Mr. Henry Hwande, reminded participants that their duties often demand split-second decisions in high-pressure situations. He urged officers to approach the sessions with open minds, leveraging the opportunity to refine their professional edge.

ICPC Boss

ICPC

The event featured a paper presentation by Mrs. Nneka Oleh, Deputy Team Leader for ICPC from the National SERVICOM office, who dissected “The Components of Effective Service Delivery”; offering participants practical frameworks for balancing security imperatives with hospitality standards.

As the ICPC continues its crusade against corruption, the message resonates clearly: the battle for public trust begins not in the courtroom, but at the Commission’s entrance.
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