Distinct Media

  Tensions flared once again at the Owode Motor Spare Parts Market in Lagos early Thursday morning as alleged landgrabbers, accompanied by heavily armed policemen and thugs, reportedly stormed the market and began a renewed wave of demolitions, despite a standing court injunction. According to traders at the scene, the early morning operation involved the use of caterpillars to demolish shops, while police operatives fired shots into the air to disperse resisting market occupants. Several traders were allegedly injured in the fracas, with pictorial and video evidence said to support the claims. This incident follows an earlier raid on March 6, 2025, when over 500 shops were demolished, sparking widespread protests and a formal petition submitted to both the Lagos State House of Assembly and Governor Babajide Sanwo-Olu on March 27. With no governmental intervention forthcoming, affected traders turned to the courts. The case, B.I. Olowu vs Shomolu and Kosofe Local Governments (Suit ...

Fidelity Bank Plc (“the Bank”) refers to the recent circular issued by the Central Bank of Nigeria “CBN” (Reference No. BSD/DIR/CON/LAB/018/008) concerning regulatory forbearance on Single  Obligor Limit (SOL) and other credit facilities and wishes to provide the clarifications below to its esteemed shareholders, NGX Regulation Limited (NGX RegCo), and other stakeholders: (a) As a responsible financial organization, Fidelity Bank Plc remains committed to ensuring compliance with regulatory policies and directives, including the CBN circular on forbearance which is aimed at strengthening capital buffers and enhancing financial prudence within the banking industry. (b) In terms of Capital, the Bank successfully raised ₦273 billion through a recent Public Offer and Rights Issue which were oversubscribed by 237.92% and 137.73% respectively and intends to raise the additional sum of ₦200 billion through a Private Placement in 2025FY, to achieve the  new minimum regulatory capital r...

Fidelity Bank Plc (“the Bank”) refers to the recent circular issued by the Central Bank of Nigeria “CBN” (Reference No. BSD/DIR/CON/LAB/018/008) concerning regulatory forbearance on Single  Obligor Limit (SOL) and other credit facilities and wishes to provide the clarifications below to its esteemed shareholders, NGX Regulation Limited (NGX RegCo), and other stakeholders: (a) As a responsible financial organization, Fidelity Bank Plc remains committed to ensuring compliance with regulatory policies and directives, including the CBN circular on forbearance which is aimed at strengthening capital buffers and enhancing financial prudence within the banking industry. (b) In terms of Capital, the Bank successfully raised ₦273 billion through a recent Public Offer and Rights Issue which were oversubscribed by 237.92% and 137.73% respectively and intends to raise the additional sum of ₦200 billion through a Private Placement in 2025FY, to achieve the  new minimum regulatory capital r...

  The Prophetic Hall of Fame and Peace Ambassador, Prophet Godwin Ikuru of the Jehovah Eye Salvation Ministry, has expressed grave concern over the persistent security challenges plaguing Nigeria, particularly in Benue State. In a strongly worded statement, the cleric called for the immediate resignation of the Governor of Benue State, Reverend Father Hyacinth Alia, the State Commissioner of Police, and the Inspector General of Police. According to Prophet Ikuru, Governor Alia has failed in his primary constitutional responsibility of safeguarding the lives and property of the citizens under his leadership. “It is both disgraceful and deeply disheartening that Governor Alia has so woefully failed in his core duty as the chief security officer of Benue State. He has not been able to guarantee the safety of his people. It is a national embarrassment. Nobody wishes to visit Benue anymore. Farmers are being massacred daily; communities are being invaded and decimated with alarmin...

  The 11th Anambra State Executive Council (ANSEC) meeting at the new Government House, known as the Light House, Awka, has unveiled plans to commence the Anambra Rebirth Programme, a project aimed at changing behaviors to restore the Igbo values of integrity and hard work. This is based on the Igbo saying: "Aka aja aja na-ebute onu mmanụ mmanụ," meaning that happiness and success are based on hard work. According to the State's Commissioner for Information, Law Mefor, the ANSEC meeting held Monday, 16th June, 2025, June 16, 2025, took the decision aimed at restoring the ethical rebirth of the core values that places premium on hard work among the Igbo people, against the norms of earning free money without working, or through nefarious activities. The new programme is part of our government's way of building a better homeland for all in Anambra State. This follows after Governor Charles Soludo's speech at the Platform in Lagos on Democracy Day, 12th June, where h...

  .   The Governor of Anambra State, Professor Charles Chukwuma Soludo at the 11th Anambra State Executive Council (ANSEC) meeting held at the new Government House Awka on Monday, has announced plans to start training and retraining drivers in the state to ensure safety on the state's roads. The State Executive Council, (ANSEC), would thereafter place drivers who commit major traffic violations on a blacklist, a move that is aimed at instilling discipline in motorists and lessening vehicular traffic hazards This according to the State's Commissioner of Information, Law Mefor, is part of the Council's decision at the session held on Monday, 16th June 2025, where the members also unveiled plans to commence the Anambra Rebirth Programme, a project aimed at changing behaviours to restore the Igbo values of integrity and hard work. This is based on the Igbo saying: "Aka aja aja na-ebute onu mmanụ mmanụ," meaning that happiness and success are based on hard work. Also, ...