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‘Nigeria has suffered severe reverse in governance’ ~ Oseloka H. Obaze

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Mr. Oseloka H. Obaze is a diplomat, writer, public policy and governance expert and politician. He is the MD/CEO of Selonnes Consult, a policy, governance and management consulting firm. He was the Peoples Democratic Party (PDP) candidate in the Anambra State governorship election in 2017. A former United Nations official, he served as Secretary to the Anambra State Government under Governor Peter Obi and Governor Willie Obiano from 2012 to 2015. In this interview, Obaze responds to questions on politics, his personality and pressing national and continental challenges.

Nigeria will be sixty in a few days. Are you thrilled? How well have we done as a nation?

In the past several years, Nigeria has suffered a severe reverse in governance in every ramification. There is seeming movement, but hardly any discernible progress in term of substantive change. Rather the country has regressed in various aspects of governance. Two things have happened, and both are defeatist: the incumbent leadership is under the illusion that it is bringing about change, but that is hardly the case. And the national elite and attentive public have suddenly gone quiet, which is acquiescence, even if by default. Both trends are dangerous for the nation. But far more dangerous, is the ramped up insecurity and polarization in the country. The increasing demand to restructure or risk Balkanization is a tale tale sign that all is not well. Such tendencies should give us pause.

Nigeria’s economy is obviously in comatose. It could be said that this has an immediate & remote cause. What indices are responsible for this and how can our economy be rejigged?

Leadership indiscipline at all levels is our bane. But we must also begin to look closely at the negative impact fostered by bad followers. It is the bad followers that elect bad leaders; and support and sustain them in office. Fiscal, and economic discipline will be imperative. Federal, State and Local government cannot spend more than they generate. We can start by making zero-based budget and budgetary transparency mandatory.Then we can focus on public procurement policies and the implementation methodologies.

The emolument of public officials, especially the legislative branch is hugely embarrassing. Recently a serving minister made a public personal donation of N11 million to a relief cause. The question that arises is this: how much a minister’s monthly salary?

I would suggest that we have a Common Regimentation Emolument Structure Table (CREST) where a Senator is ranked with General of the Army, a Supreme Court Judge, a Minister, the Inspector General of Police and Heads of Statutory Agencies. They should all earn the same salary and the same prescribed perk and perquisites. We are wasting a lot of resources on recurrent expenditure and far less on infrastructure and capital development.

We must scrap the two-tier foreign exchange regime and allow the market forces to drive the economy. Economic and political reforms are imperative and one word for that is restructuring. Power and resource control need to devolve more to the regions and states. We already have NDDC and NEDC, we must complete the mosaic by setting up SWDC and SEDC, thus replicating the functional regional arrangements of the First Republic, which served us well in terms of development. For now the Central Government is too powerful. In a democracy, that is a contradiction of subsisting tenets.

Considering the position of the South East in Nigerian politics, do you see the possibility of an Igbo man becoming the President of the Federal Republic of Nigeria in 2023? Or should we rather clamour for Restructuring?

Unquestionably yes. An Igbo person can become Nigeria’s President. We need a President of Igbo extraction not an Igbo President as some aver. The latter is too frightening for some Nigerians. Yet the Igbo nation must rally to a consensus and speak with one voice. There are sufficiently compelling reasons to believe that the Presidency will devolve to the south in 2023. But there will be high contestations for the slot between the three zones in the South. There will also be “spoilers” who will opt for the vice-presidency slot, thus confusing matters. The position of the south-east needs to be strategically and tactically managed. We cannot take anything or any support fo granted.

That said, the south as a collective, has to be strategic in handling this matter. Once you encounter an intra-south jostling and bickering, the default option will kick in, which is to maintain the status quo. That will be utterly unacceptable. Contextually, Nigeria must restructure or risk disintegrating. As I see it, restructuring will be incremental rather than a one-off formed event. We already see that manifesting in the security sector reform and governance.

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In the question before the last one, you talked about restructuring and in the last question, you also talked about restructuring as a response. It appears restructuring mean different things to different people. In the two contexts above, what kind of restructuring did you mean?

Simply, we need to fine tune our governance and power and resource sharing modalities. Call it whatever name you want. Nigeria as presently constituted and governed is largely dysfunctional. That need to change. Restructuring means different things to different ethnicities and vested interests. It scares the hell out of some Nigerians. I don’t believe restructuring means the Balkanization of Nigeria, even as that remains a remote possibility. We can either come together and agree on change modalities, or risk that happening by default, which may lead to catastrophic implosion of the country. All said, we are long overdue for a change in our governance and power sharing modalities.

The debt profile of most African countries is on the rise. Where does this leave Africa as a continent?

Africa must continue to look inwards. Intra-African trade capacity is huge and sufficiently broad to serve Africa. There is an inevitable nexus between Africa’s external trade deficit and its growing indebtedness to Western nations and more troubling, to China. With the African Trade Agreement in place, African nations need to collaborate more closely to avoid being entrapped in a collective debt peonage. As things stand, Africa’s debt overhang is already huge and troubling. The optics are not salutary, so we need to change the narrative quickly.

With your experience, what do you think Africa needs to do better to get things right?

Africa has shining exemplars in some emerging leaders and nations. Rwandan and Ethiopian leaders and countries are validators. Where you elect good leaders, good governance and sustainability will follow. External interests will not develop Africa for us. Our aspirations, policies and governance methodologies must be unapologetically Afrocentric. Quite unfortunately, we cannot say that of our country Nigeria any longer. Once Africa’s bellwether, Nigeria has lost that credential, and sadly so.

Were you elated about the reopening of Enugu airport. South East leaders seemed upbeat about it. Incidentally, the reopening of the airport coincided with the killings of some igbo youths suspected to be IPOB sympathizers. South-East governors did not collectively react to the killings. Was that right?

I am happy for south easterners who suffered immeasurably due to the closing of the airport. Beyond that I see nothing to celebrate. If the reopened airport does not really become international with at least three foreign airlines landing there, then we are not serious. In the ream of policy there has been obvious double standards; when Abuja airport was close Kaduna airport was upgraded to handle the additional traffic. When Enugu airport was closed neither the Asaba airport or Owerri airport was upgraded. Go figure that one out.

It is also regrettable that the recent killing of Igbo youths in Enugu only garnered nuanced reaction from the south-East leaders. It is most disconcerting that for the sake of political correctness, our leaders demur when they ought to speak up. Constitutionally, every Nigerian, regardless of tribe, religion, or gender is afforded freedom of assembly, faith and speech. Political belief and ideology are also subsumed within the freedom of thought. Hence, when the security operatives kill innocent, unarmed and defenseless Nigerians as was the case with the killing of Igbo youths recently in the so-called IPOB-Police incident in Enugu, we must speak up. Not to condemn such unbridled used of deadly force in the strongest terms, is to allow impunity to become deeply entrenched. We must continue to speak truth to power.

Some claim that Anambra State is now in utter bad shape. You were an insider as former three-time Secretary to Anambra State government. When you were in government things ran smoothly, what changed?

As the SSG I had a synoptic job description, which was “fostering policy coherence and coordination and problem solving.“ My job and position required of me as a public servant and technocrat to be a professional to the core; and a PRO – persistent, resilient and optimistic. I will not blow my own horn of my accomplishments, but the policy options, undertakings and accomplishments during my tenure are amply documented in my 2015 book, Here To Serve. Of my greatest accomplishments: I helped Governor Peter Obi to finish strong and Governor Willie Obiano to start strong and hit the ground running. In all modesty, when I left, the Obiano government literarily went off the good governance trajectory.

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How was it that “the Obiano government literally went off the good governance trajectory”? Can you expatiate?

I do not wish to court controversy. Obiano arrived to vie for Governor unprepared and without a blueprint or manifesto. It was my campaign blueprint and manifesto that Gov. Peter Obi took and gave to him and it was adapted and reformulated into what eventually became the Obiano Blueprint. Naturally, there were additional input, but the core premise was based on my notion of governance. The young man assigned to rewrite that template was a member of my campaign and strategic team. At the outset, I had ample leeway to advise on policy formulation and implementation, with a hard focus on cohesiveness, coordination and due process. When I left, these three variables derailed, governance became freewheeling and transactional.

The difference was that as former schoolmates, age mate and friend, I could look the Governor straight in the face and honestly tell him what was working and what was not. He did not always like it, be he knew I was honest and selfless about governance. Good governance is not about political sloganeering, which works well during campaigns, but is a suspect attribute of justifying governance performance that ought to be self-evident.

Some say that as a former diplomat you are too gentle and not cut for the wheeling and dealing rough-and-tumble Anambra politics. Indeed, though you are an acclaimed technocrat, why did you enter the fray of partisan politics after a successful career as a Diplomat?

If you desire to serve you must do so from within and from a position where you can add value. I was a child of two public servants. So I have always believed in public service. I had done so, supporting my principals at the federal, international and state levels. Running for office was aimed at serving by being at the helm to articulate and drive public policies rather than merely implementing policies articulated by others. Above all, I wanted to add value by bringing on board, international best practices related to good governance.

Looking to 2021 and beyond, from your experience you fared better in 2017 even though you lost. In 2013, you were literarily knocked out of the race. In hindsight, what were the lessons learned?

In 2013, I was knocked out of the race deliberately, and on technical grounds. I did not have a voters’ card. Only INEC could issue me one, and they shifted the issuance date. I certainly could not have presented a fake card or lied that I possessed one. I had a window of opportunity to rectify the situation, but those in APGA who were against my emergence pulled the plug before the fact. In 2017, I followed due process, ran, won the PDP nomination, but some powers that be, indeed some major PDP stakeholders within and outside Anambra, mostly for selfish personal or sectional interests opted to align with the ruling APGA party. They could not countenance a supposed outsider wining the PDP primaries, even though it was free and fair and nationally televised.

I lost an election PDP was all set to win; losing had nothing to do with the power of incumbency, but more with subterfuge, in INEC, within PDP and by the ruling party. The Federal Might was squarely deployed against us at the last minute to garner a win for APGA and assign APC the second place. I might have lost the election, but Anambra as history has shown, was the biggest loser.

Can you speak more candidly and with specificity on what you refer to “subterfuge”, more so since you did not legally contest the electoral outcome.

My take is that it’s the people and not the Courts that elect leaders. Unfortunately, by default we have subscribed to judicial supremacy in electoral matters thus making the judiciary at all levels the Electoral College. Going to court is expensive, distractive and always with an indeterminate outcome, not based on facts or reality. So why waste my time and resources, and for that matter, Anambra State resources? It did not make any sense. My position has since been validated by court rulings on the 2019 presidential elections, and recent court rulings on the Imo and Kogi State Governorship elections.

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Now that we have your undivided attention can you end the speculation as to whether you will run for the Governorship of Anambra State in 2021?

In life, you never ever say never! Doing so may prove precipitate and unrealistic. My options remain on the table and indeed remain open. I’m very sympathetic to the clamour of zoning aimed at allowing the South senatorial zone to produce the next governor. But the South must also admit that in the past, they have never offered other zones the sanctity and unfettered space they now seek. It seems all too convenient. More importantly, what Anambra needs now is a capable leader, not a person elected on partisan, sectional, religious or gender sentiments.

If the truth be told, Anambra is in very bad shape than most people know, and it will only worsen unless we elect a good administrator, who is fiscally disciplined and understand the inner workings of bureaucratic governance. I feel sorry for anyone who might succeed Obiano, myself included, which is not to say I’m already running.

Your party PDP seems to be immersed in deep and factionalizing controversy over the issue of zoning. Some power brokers and even some Traditional Rulers have been drawn into the controversy. Speak to us about zoning since some believe your candidacy in 2017 was predicated on zoning, and that it should now be the turn of the South.

Zoning has its utility in prescribed circumstances. It ought not become a preferential policy and in that sense defeatist. Let me repeat what I have said consistently in the context of zoning in Anambra. The South Senatorial zone is not bereft of competent politicians who can be governors. What PDP needs is to put its best foot forwards in order to wrestle power away from the ruling party. As such, to win, PDP must present its best candidate and a united front, the zone from which the candidate emerges notwithstanding. The risk we face, is the possible polarization and fracturing of the party as is happening now, over presumptive zoning arrangements. If I recall correctly, since 1999 PDP aspirants from the three Senatorial zone have always competed for the ticket. It happened in 2013 and 2017 so I don’t think it will be any different in 2021. Yet the inherent danger will manifest, if the South senatorial decides to scuttle the chances of a person who emerges as the PPD candidate, but is not from the Southern senatorial zone.

Were that to happen, the PDP will remain in the doghouse and in political opposition for another four years and perhaps, longer than that. The corollary is that APC and YPP will continue to wax stronger as opposition elements in the State. Personally, what I seek is good governance in Anambra. There are capable people in PDP who can govern Anambra well, of which I can humbly count myself as one.

We are certain you are aware of what transpired when Arthur Eze took some Traditional Rulers to Abuja to pay President Buhari a visit and the controversy that ensued. Does such happenstance and posturing augur well for Anambra ahead of the 2021 elections? Was Governor Willie Obiano’s reaction germane to peace and stability?

As a matter of personal policy and principles, I decided after the 2017 governorship election not to comment on the activities of the Anambra State government, for good or bad, despite being in the opposition. I will stand on that premise. However, insofar as it relates to 2021 governorship electioneering, I must say that ‘all politics is local.’ Routinely, the rich, mighty and powerful in Anambra State play a very divisive and dangerous type of “helicopter politics.” They pull plugs and punches in Abuja, often to their own advantage but inimical to Anambra State’s collective interests.

I don’t see Dangote, Adenuga, Adekeye, Otedola, Elumelu and others doing that in their respective states. If theses power brokers wished to run the state as their individual fiefdoms, the least they can do is subject themselves to electoral suffrage. Mike Bloomberg, a U.S. billionaire ran and served as Mayor of New York City and eventually ran for the presidency. We need to imbibe international best practices.

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Economy

Fidelity Bank Resumes International Transactions on Naira Debit Cards

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Fidelity Bank

Tier-one Lender, Fidelity Bank Plc., has announced the resumption of international transactions on its Naira Debit Cards.

This recommencement gives customers the freedom to make seamless payments abroad, online, and at ATMs outside the country.

The Divisional Head of eBanking, Fidelity Bank, Ifeoma Onibuje, shed light on the development.

Onibuje said: “We are delighted to inform the public that Fidelity Naira Cards are now enabled for global use.

“This means that our travelling customers can now utilize their Naira Debit cards outside the country to shop, spend and withdraw internationally without hassles.”

“Consequently, our customers can now spend up to $1,000 quarterly for international POS and online transactions; and withdraw up to $500 quarterly on international ATMs.”

The announcement offers Fidelity Bank customers another way to complete international transactions, in addition to the Bank’s existing foreign currency debit and credit cards.

The bank stated that it further reinforces its commitment to delivering solutions that fit seamlessly into customers’ lifestyles.

With Fidelity Bank’s VISA and Mastercard Naira Debit Cards, Nigerians can now enjoy effortless global access.

Beyond payments, Fidelity VISA cardholders, one of the variants of the bank’s card offerings, also enjoy premium travel and lifestyle benefits.

The benefits range from airport lounge and spa access via the Visa Airport Companion App, to fast-track immigration lanes and 20% discounts on SIXT car rentals worldwide.

This move, the bank said, also reflects its commitment to provide secure, convenient, and reliable banking services that empower customers in Nigeria and beyond.

The bank noted that it has deliberately made the process of getting a Fidelity Naira card seamless.

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It stressed that customers can easily apply for their Fidelity VISA or Mastercard Naira Debit card via the Fidelity Mobile App or simply visit the nearest Fidelity bank branch to request for one and they can start transacting globally with ease.

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.

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Celebrity/Entertainment

How Nigerian TikToker Geh Geh Made ₦45 Million in One Night

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A Nigerian TikTok sensation known as “Geh Geh” has stunned the internet after pulling in over $30,000 from a single live session that attracted more than 177,000 viewers.

The young entertainer, who calls his platform the “University of Wisdom and Understanding,” has quickly built a cult following with his raw and unfiltered lectures about women, money, and survival in Nigeria.

During the live broadcast on Thursday, August 21, viewers showered him with virtual gifts that he later calculated to be worth over $30,000.

The milestone instantly pushed him into the spotlight as one of Nigeria’s fastest-rising online personalities.

 

Reacting in disbelief after the stream, Geh Geh said:

“More than 177,000 people watch my lectures today. Jesus! University of wisdom and understanding, the only university where once you graduate, woman go fear to ask you for money.”

 

Despite not having a formal education, Geh Geh proudly calls himself “the first illiterate to find a university in the history of Nigeria.” In a video after the viral live, he reminded fans of his humble background:

“I no be graduate too, but by the grace of God, I don find school. I be orphan, but now Nigerians don show me love.”

 

The TikTok star admitted he was overwhelmed by the generosity of his supporters.

“See gift I made over… more gift when they give me today is worth about $30,000. I no go take this love for granted, because I no really do anything for am.”

 

His rise has been hailed as proof of how social media is transforming lives in Nigeria. With no degree, no rich background, and no industry connection, Geh Geh has managed to build a fanbase that now calls themselves “students” of his unusual university.

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Still, his controversial views on women and relationships continue to spark heated debates. While some dismiss his advice as reckless, others insist his boldness speaks directly to Nigeria’s frustrated youth.

 

Reflecting on his sudden fame, Geh Geh compared himself to great thinkers:

“If Nigeria be country wey value great people, by now them suppose dey compare people like me with Aristotle, Wole Soyinka, Einstein… but I thank God say people dey see my head and my own difference.”

From an orphan with no prospects to a viral star earning in dollars, Geh Geh’s story has become one of digital empowerment.

His journey shows how platforms like TikTok are creating new forms of fame, money, and influence for Nigerians especially those once written off by society.

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Africa

UK Dominates Nigeria’s Q1 2025 Capital Inflows With N5.5tn — NBS

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The United Kingdom has once again cemented its position as Nigeria’s leading source of foreign capital, accounting for more than N5.5 trillion in inflows during the first quarter of 2025, according to the latest data from the National Bureau of Statistics (NBS).

Figures from the Capital Importation Report show that capital from the UK rose to $3.68bn (N5.52tn) in Q1 2025, representing 65.26% of Nigeria’s total $5.64bn inflows for the quarter.

This marked a 29.2% rise from the $2.85bn recorded in Q4 2024 and more than double the $1.81bn inflows seen in Q1 2024.

This underscores Britain’s dominance in Nigeria’s external financing profile and highlights the strong bilateral financial ties between both nations.

Breakdown of Q1 2025 Capital Inflows by Country

United Kingdom: $3.68bn (65.26%)

South Africa: $501.29m (8.88%)

Mauritius: $394.51m (6.99%)

United States: $368.92m (6.54%)

United Arab Emirates: $301.72m (5.35%)

Together, these top five countries accounted for over 92% of Nigeria’s capital inflows, reflecting both the concentration of Nigeria’s foreign investments and the risks of over-dependence on limited markets.

Other contributors included:

Cayman Islands: $114.76m (up sharply from $0.64m in Q4 2024)

Belgium: $70.54m

France: $47.33m

Netherlands: $42.68m (down significantly from $425.61m in Q4 2024)

Singapore: $36.79m

Overall, capital importation into Nigeria stood at $5.64bn in Q1 2025, up 10.9% from Q4 2024’s $5.09bn, and a remarkable 67.1% higher than the $3.38bn recorded in Q1 2024.

The NBS noted:

“Capital Importation during the reference period originated largely from the United Kingdom with $3,681.96m, showing 65.26 per cent of the total capital imported.”

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A separate survey by Strategy Management Partners (UK) reveals that British companies are increasingly targeting Africa as a strategic growth frontier.

50% of UK firms with annual turnover above £20m are already operational in Africa and planning expansions.

Another 28% of executives said they are interested but remain cautious about entry strategies.

Africa’s appeal lies in its resource wealth and demographic potential:

30% of the world’s mineral reserves

8% of natural gas reserves

12% of oil reserves

65% of the world’s arable land

Projected to host 25% of the global workforce by 2035

Seven key sectors remain magnets for foreign capital inflows into Nigeria and Africa at large:

1. Technology

2. Oil & Gas

3. Power and Renewable Energy

4. Agriculture

5. Manufacturing

6. Infrastructure

7. Strategic Minerals

Analysts warn that while Nigeria’s reliance on UK-driven inflows reflects strong global confidence, the concentration of sources exposes the economy to external shocks if investor sentiment shifts in these countries.

Diversification of investment partnerships  particularly within Asi

a, the Americas, and intra-African trade will be crucial to ensuring long-term resilience in capital inflows.

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Africa

U.S. Govt Reacts to Nigerian Minimum Wage

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The United States government has said that Nigeria’s new N70,000 minimum wage has lost real value due to the sharp fall of the naira, leaving millions of workers trapped in poverty.

According to the 2024 Country Reports on Human Rights Practices, released by the U.S. Department of State’s Bureau of Democracy, Human Rights, and Labour, the wage translates to just $47.90 per month.

The report noted that currency devaluation and weak enforcement have undermined the wage increase.

The report also revealed that many states are yet to implement the new wage law. Several governors cited financial challenges as the main excuse.

Even where the law exists, compliance remains poor because of limited labor inspectors and weak oversight from authorities.

Wage Devaluation and Exclusion

The report highlighted that firms with fewer than 25 workers are excluded from the minimum wage law, leaving millions of employees without protection.

This also explained that about 70 to 80 percent of Nigeria’s workforce operates in the informal sector, where wage and labor rights are almost never enforced.

This means a majority of Nigerians continue to earn far below the national benchmark, despite the government’s approval of N70,000 as the new minimum wage.

The U.S. report stressed that the naira’s sharp decline, trading above N1,500 to the dollar, had worsened the wage erosion. This has left workers unable to afford basic needs, pushing many deeper into poverty.

Human Rights and Labor Challenges

The document pointed out that weak enforcement of labor laws contributes to worsening poverty levels in the country.

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Workers in the informal sector, such as street vendors, artisans, and small traders, rarely benefit from labor protections.

The report also noted that Nigeria’s minimum wage is rarely sufficient to cover basic food, housing, and transport needs.

This has further exposed structural gaps in the government’s approach to economic reforms and poverty reduction.

Governors Push Investment Platform

Meanwhile, the Nigeria Governors’ Forum (NGF) has launched a new investment initiative called NGF Investopedia.

The platform seeks to attract capital flows into bankable projects across all 36 states, with the goal of tackling Nigeria’s annual $100 billion infrastructure financing deficit.

The launch event in Abuja gathered governors, international partners, and investors. The forum described the platform as a long-term strategy to unlock growth opportunities across states and strengthen Nigeria’s subnational economies.

NGF Chairman and Kwara State Governor, Abdulrahman AbdulRazaq, said Nigeria must urgently leverage its human and natural resources to address poverty and joblessness.

“Here is Africa’s largest economy, endowed with abundant human and natural resources,” he said, stressing that state governments must play a bigger role in attracting investments and supporting local industries.

A Widening Gap

The contrast between the U.S. report on wage decline and the governors’ push for investment highlights Nigeria’s economic paradox.

While authorities promote foreign capital inflow, millions of workers continue to survive on wages that have lost most of their value.

With inflation rising, food prices soaring, and the naira weakening, the gap between earnings and cost of living keeps widening.

Unless enforcement improves and the informal sector is integrated into wage protections, the N70,000 benchmark may remain symbolic rather than effective.

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Economy

Global Card: Fidelity Bank Hits Milestone As Fidelity Naira Card Accepted Globally

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Fidelity Bank

Fidelity Bank may have hit another milestone the Fidelity Naira Card is now accepted globally.

This was disclosed in a message sent to Diaspora Digital Media (DDM) via email on Monday.

According to the statement entitled “Your Fidelity Naira Card Now Works Globally; Shop, Pay and Withdraw with Ease!“, customers can buy favourite global brands online using their Fidelity Naira Card.

The band also stated that they can equally pay at POS terminals abroad and make cash withdrawals at ATMs as they travel.

The message reads:

“We’re excited to let you know that your Fidelity Naira Card is now enabled for global use — so you can shop, spend and withdraw internationally with confidence.

“Here’s what you now enjoy every quarter:

Channel

Transaction Limit
ATM Withdrawal abroad $500
Online/Web & POS Payments $ 1,000

“What does this mean for you?

  • Shop your favourite global brands online
  • Pay at POS terminals abroad with ease
  • Withdraw cash at ATMs when you travel.”

The statement, however, noted that the $1,000 quarterly limit applies to all international transactions combined, including ATM withdrawals, online purchases, and POS payments.

The bank urged customers who may need assistance with setting card limits or activating their cards for global use, to contact the bank’s customers care “Centre Trueserve”, which is available round the clock, whether in Nigeria, or outside the country.

“Your world, your card — spend smart, spend globally with Fidelity,” the message concludes.

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