Gov Mbah Inaugurates Committee To End Gender-Based Violence In Enugu


In demonstration of its commitment to financial empowerment targeting Youths, Unity Bank Plc has again championed the cause of financial literacy by facilitating Training in 13 secondary schools across Nigeria to commemorate the 2025 Global Money Week.
Held under the theme, “Think before you follow, wise money tomorrow,” this year’s engagement focused on helping young people develop discernment and critical thinking in making financial decisions, particularly in an era shaped by social media influence and digital distractions.
Unity Bank’s Managing Director/Chief Executive Officer, Mr. Ebenezer Kolawole, supported the initiative as the Bank held an impactful session at Boys Model Secondary School, Owerri, Imo State. Represented by the Bank’s Zonal Head, South South/South East, Mr. William Odigie, Mr. Kolawole shared practical lessons on financial responsibility, guiding students on how to cultivate savings culture, investment and financial management; advising against any impulsive financial behaviours, more especially those involving online.
Speaking through the Zonal Head during the Training session, Mr. Kolawole emphasised the importance of being exposed early to financial management: “The habits you form now around saving, spending, and investing will shape your financial future. It’s not about how much you have, but how wisely you manage it.”
In each of the 13 schools visited nationwide, Unity Bank’s facilitators engaged students in interactive discussions, practical money management exercises, and quizzes. Participating students who displayed exceptional skills at various sessions got recognition and were presented with branded gift items to strongly reinforce the financial literacy training.
Recall that recently, Unity Bank launched GenFi digital banking app, a youth-focused solution designed to empower children and teens with smart money habits through gamified learning, goal-setting, and parental guidance. The participation of the Bank in the financial literacy training marks this year’s Global Money Week is to further Youth engagement.
Global Money Week is a worldwide initiative coordinated in Nigeria by the Central Bank of Nigeria in collaboration with the Bankers’ Committee and Junior Achievement Nigeria. The engagement aims to instil sound financial knowledge and habits in young people from an early age, being a strategy to promote financial inclusion.
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Amaka Obiefuna
The National Pension Commission (PenCom) has mapped out strategies to double Pension Contributors from the already attained 10.65 million to 20 million by the end of year 2027.
The Director General of PenCom, Ms. Omolola Oloworaran, announcing this on Saturday at the Pension Industry Leaders’ Retreat in Lagos said the commission plans to meet the target through the expansion of Personal Pension Plan (PPP) formerly known as MIcro Pension Plan (MPP), engagements with stakeholders, and enforcement of pension compliance certificates, especially by state governments amongst other initiatives.
Noting that pension growth is essential for economic growth and development, she said the industry expects a 50 per cent growth in this regard and disclosed that as at February 28, 2025 the pension fund assets was N23.27 trillion and Retirement Savings Account (RSA) holders 10.65 million.
According to Oloworaran the retreat has provided opportunities for the industry to adopt new strategies, while also stating that the resolutions reached will be fully implemented before the end of first quarter 2026.

Central Securities Clearing System (CSCS) PLC, held its 31st Annual General Meeting (AGM) on Friday, May 9, where its shareholders approved a total dividend of ₦8.8 billion for the financial year ended December 31, 2024. This represents a 17.3% increase from the ₦7.5 billion dividend approved in the previous year. Shareholders will receive a dividend of ₦1.76 per share, up from ₦1.50 per share in 2023.
In his statement, Temi Popoola, Chairman of the Board of CSCS, highlighted the company’s strong financial performance in 2024. Stating that it underscores CSCS’s ability to translate revenue growth into robust bottom-line results despite the prevailing inflationary pressures and currency headwinds.
Mr. Popoola attributed this financial strength to increased capital market trading activity, favourable yields in the fixed income space, and foreign exchange gains, further supported by growing demand for CSCS’s expanding suite of services and solutions.
Looking ahead to 2025 and addressing potential shareholder impact, Mr. Popoola acknowledged the implications of current tariff tensions on global capital markets. However, he expressed optimism about Nigeria’s economic outlook, “We believe that the structural reforms already initiated, such as fiscal discipline, infrastructure investment, and improved ease of doing business, are laying the groundwork for sustained economic growth and enhanced investor confidence. Furthermore, tariff-induced adjustments may spur local industry development, fostering innovation and creating new value chains.”
Haruna Jalo-Waziri, Managing Director/CEO of CSCS PLC, in his statement to shareholders gave a comprehensive overview of the business environment and CSCS’s operational resilience. He noted the complexities of the global economy in 2024, and the specific challenges faced in Nigeria, including elevated inflation, naira devaluation, and rising borrowing costs. Despite these, he emphasized that “economic growth was driven by robust government spending, stronger services sector performance, and improved oil revenues, helped by favourable global oil prices and a depreciating naira.”
Mr. Jalo-Waziri stated, “Innovation continues to remain central to our strategy, enabling us to elevate service delivery, drive operational efficiency, and deepen market engagement. A recent milestone in this journey is the successful launch of the CSCS Chatbot, a tool designed to enhance customer experience through real-time, 24/7 responses to inquiries across our digital channels. In a similar vein, the rollout of the Debt Management Office (DMO) Portal marks a significant leap in strengthening market infrastructure. Developed in close collaboration with the DMO, the portal simplifies and digitizes the subscription process for FGN Savings Bonds, making it faster, more transparent, and user-friendly for a wider investor base.”
Mr. Jalo-Waziri reiterated the company’s commitment to drive innovation and build a more resilient and competitive financial market infrastructure.
At the AGM, shareholders also elected Dr. Aisha Muhammed-Oyebode and Mrs. Bola Adesola as Independent Non-Executive Directors, who were appointed since the last meeting. Additionally, shareholders re-elected Mrs. Chinelo Anohu and Mr. Ibrahim Dikko as Independent Non-Executive Directors.
Shareholders present at the AGM commended the company for its improved financial performance and the significant dividend payout, urging the Board and Management to sustain this positive trajectory.

The United Bank For Africa, UBA’s Ramon Nasir, Head, Media and External Relations, was one of the top winners at the 6th Edition of the Industry Summit 2025 organized by The Industry Newspaper, a West Africa’s leading brand marketing publication.
Fidelity Bank Plc, one of Nigeria’s leading Tier-1 financial institutions, has announced a remarkable financial performance for the first quarter of 2025, recording a Profit Before Tax (PBT) of N105.8 billion, representing an impressive growth of 167.8% compared to N39.5 billion in Q1 2024.
The bank’s unaudited financial statements, released on the Nigerian Exchange (NGX) on April 30, 2025, highlight a substantial increase in Gross Earnings, which rose to N315.4 billion, marking a year-on-year growth of 64.2% from N192.1 billion in the same period last year. Growth in interest income was primarily led by 38.6% yoy (7.4% ytd) expansion in earning assets base, while the increase in non -interest revenue came from FX-related income, trade and commission on banking services, etc., supported by increased customer transactions.
Commenting on the bank’s performance, Dr. Nneka Onyeali-Ikpe,OON, Managing Director/Chief Executive Officer of Fidelity Bank Plc, stated, “We started the year with triple-digit growth in profit and sustained the momentum in our earning assets growth. This performance shows the resilience of our business model and reinforces our confidence in delivering a better result in the 2025 financial year.”
Other areas of the unaudited financial statements, equally show a marked improvement with Total Deposits growing by 11.1% ytd to N6.6tn from N5.9tn in December 2024, driven by 10.6% ytd growth in low-cost deposits to N6.1tn, which represents 92.2% of total customer deposits. Local currency deposits increased by 2.0% ytd while foreign currency deposits increased by 21.4% from $1.9bn in December 2024 to $2.3bn.
Net Loans and Advances increased by 5.0% ytd to N4.6tn. The growth in the bank’s Loan Book was skewed to LCY Loans as cost of risk declined to 0.6% from 1.5% in 2024FY.
“Beginning the year with such positive momentum reinforces our commitment to supporting the growth of individuals and businesses, while enhancing our financial sustainability. As we go into the rest of the year, we remain focused on building a resilient banking franchise with a diversified earnings base,” Onyeali-Ikpe added.
Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank serving over 9.1 million customers through digital banking channels, its 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.
The Bank is the recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards; the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine. Additionally, the Bank was recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and as the Export Financing Bank of the Year by the BusinessDay Banks and Financial Institutions (BAFI) Awards.