Business
How Abacha Killed Musa Yar’adua with deadly Virus – Obasanjo reveals
Former President Olusegun Obasanjo, has alleged that former military dictator, Sani Abacha, injected a deadly virus into Shehu Musa Yar’Adua, an Army major general who served as his Chief of Staff, while the deceased, MKO Abiola and himself were in prison.
The former president disclosed this at a dinner program organized by an inter-denominational Christian organization, Christ The Redeemer’s Friends International of the Redeemed Christian Church of God, Lagos Province 39 Chapter yesterday July 8th.
According to Sahara Reporters, Obasanjo alleged that Yar’Adua was poisoned by Abacha’s killer squad, adding that he was to be next victim, but that he was saved by God’s divine grace.
“Two people had earlier told me Abacha promised that three of us would not come out of prison or detention alive; myself. Shehu Yar Adua and MKO Abiola. And two of them did not come out alive. So, that I came out alive, maybe God has a purpose. And therefore if the purpose is for me to serve the people and by so doing, serve God, then so be it. Abacha claimed that I was plotting a coup.
I wasn’t the first to be arrested. When Shehu (Yar’Adua) was arrested, I tried to plead for his release. When Abacha said he didn’t know about Shehu’s arrest, I said to him, ‘the number two man in this country cannot be arrested without you knowing.’
He then said he would go and find out. In Abacha’s plan, he left God out of it and because he left God out of his plan, it (his government) eventually failed. There is God’s hand in the life of each and every one of us and every institution. I believe that very well.
When I was arrested, they took me to a house in Ikoyi (Lagos) and that became my abode (I was) in isolation, for three months. In the meantime, there were national and international pressures for my release, (former US) President Jimmy Carter was one of the world leaders that came to ask for my release. Some African leaders like Yoweri Museveni and Robert Mugabe came.
I believe it was because of those pressures that I was released from isolation in Ikoyi where I was under house arrest.”
According to the former president, one of the worst days on earth would be the day he was court-martialled and sentenced
“I must say that, that day, in a split second, it felt like the worst day in my life. What flashed through my mind was that I was forever ruined. I asked myself, ‘What did I do to deserve this? Is this what I get for serving Nigeria?’ But then, I told myself again that this was not done to me by Nigeria, but that one man did it for me.”
Obasanjo said he and Yar’Adua were detained in Jos and Port Harcourt prisons because they were the best prisons in the country at the time.
“I was to go to Jos (prison) and Yar’Adua was to go to Port Harcourt (prison). In Jos, I was visited by my colleagues, including Yakubu Danjuma, Joe Garba, Domkat Bali, many of our colleagues, and then family members and friends.
Then a decision was made that I was becoming too popular in Jos prison and I had to be transferred to Yola prison which is a native authority prison and I don’t need to tell you what life was there.
In Jos prison, before I was transferred to Yola prison, they had decided that Shehu Yar’Adua and myself should be poisoned. So, they took him from Port Harcourt prison to Abakaliki. In the process, he was injected with the virus that killed him.
The same was supposed to be done to me. The man who came took me from the prison to a guest house in the GRA in Jos, said, ‘We know you have a problem with cholesterol so I have to take your blood for a test.’ Then I said, ‘Not on your life, I don’t have any problem with cholesterol. I was slightly diabetic.
But God had taken care of it because I was checking my blood sugar almost on a daily basis and it had become better than normal. So, I refused him (the man) touching me with anything. So, they took me to Yola and he said, ‘when you get to where you are going, we will come again.’”
Obasanjo said a doctor and specialist in the prison saved him from being poisoned. “The doctor was a professional man in charge of the General Hospital in Yola.
He listened to my case that I needed special food because I was diabetic. He said the specialist would come to see me. The specialist turned out to be somebody from Okeogun in Oyo State. Two, he was a Baptist, and three, he had heard about me and knew me. So, he looked at me and said, ‘Don’t let anybody touch you with anything.
Within three weeks the man that came to me earlier returned again and said he wanted to take my blood. I said, ‘No, you have to get my doctor to come and take my blood for you.’
That was the arrangement between me and the doctor. And my doctor came and he brought a syringe and he took my blood and gave it to him. He now asked the man, ‘When would we have the result? ’The man said, ‘Within 24 hours of my getting to Abuja.’I haven’t heard the result until today.”
Obasanjo said after his release from prison, he gave into pressure to contest for the presidency and he ended up becoming president for two terms by the grace of God. “Nigeria that was a pariah state became a darling (of the world). What is the lesson for me?
I developed in prison but unfortunately, I was not able to sustain it. Maybe because there was nothing else to do in prison except to pray and fast. I used to fast a lot. On three occasions, I fasted for seven days, no water, no food… a unique power was given to me by God.
In all these, God did not leave me alone, and I know that. I say to people that God has never let me alone nor disappointed me in spite of all. I am a sinner. It is not because of my goodness, but because of the grace of God, and the grace of God continues to abound.”
Bank
Union Bank Honoured by ASBON at Nigeria National SME Business Awards
Union Bank Honoured by ASBON at Nigeria National SME Business Awards
Lagos, Nigeria – Union Bank of Nigeria has reaffirmed its reputation as a strong supporter of Nigerian businesses, receiving the Best SME Growth Banking Initiatives Award for 2025 from the Association of Small Business Owners of Nigeria (ASBON) at the Nigeria National SME Business Awards, held recently in Lagos.
The award was presented to the Bank in recognition of its strategic leadership in advancing the growth and resilience of small and medium-sized enterprises, through a differentiated suite of solutions designed to enable business expansion and long-term value creation.
Receiving the award on behalf of the Bank, Ayokunnumi Abraham, Head of SME Segment at Union Bank, described the recognition as a strong endorsement of the Bank’s commitment to supporting small and medium-sized businesses. He said:
“We are honoured to receive this recognition, which reflects Union Bank’s continued commitment to helping SMEs grow by making banking simpler, faster, and more accessible. Through enhancements to our specialised platforms such as Union360, we have meaningfully reduced the time it takes for businesses to come on board and begin transacting. These improvements have shortened onboarding, increased digital adoption among our SME customers, and supported the acquisition of new business clients. Our focus remains on delivering practical solutions that help Nigerian businesses thrive.”
Organised by ASBON in partnership with the Lagos State Government through the Ministry of Commerce, Cooperatives, Trade and Investment, the event convened stakeholders from the public and private sectors to recognise individuals and organisations driving meaningful impact across Nigeria’s SME ecosystem.
Union Bank remains focused on deepening its support for SMEs through customer-led solutions and processes that strengthen business growth across the ecosystem.
Bank
Atlantian Crown Bank Rebrands as Arizona Global Bank LLC, Begins Licensing for Global Expansion
*Atlantian Crown Bank Rebrands as Arizona Global Bank LLC, Begins Licensing for Global Expansion*
_By AGP News
*UNITED KINGDOM OF ATLANTIS* — In a move signaling a push into international markets, the Royal Throne of the United Kingdom of Atlantis on Sunday announced the corporate transformation of Atlantian Crown Bank LLC into *Arizona Global Bank LLC*, as part of a wider restructuring to position the institution for global banking and financial innovation.
The announcement was made at a press conference in the UKA capital by *HRM Queen Amb. Cletus C. Leaticia*, Chief Executive Officer of the newly named bank. She told reporters the rebranding marks _“more than a name change”_ and reflects a strategic pivot toward digital finance, cross-border investment, and modern banking standards.
_“This transformation represents our commitment to innovation-driven banking and our vision to become a globally competitive financial institution,”_ Queen Leaticia said.
*Licensing Process Underway*
According to the Department of Financial Administration and Corporate Affairs, which issued the official communication, Arizona Global Bank LLC has formally begun the process of applying for a *Banking Operational Licence* under UKA’s financial regulatory framework.
Once licensed, the bank plans to operate as a modern financial enterprise focused on four pillars:
1. Innovation-driven banking and digital financial solutions
2. Corporate financing and structured investment services
3. International financial partnerships and cross-border trade facilitation
4. Financial inclusion initiatives
Bank officials stressed that the institution will _“maintain strict compliance with all banking regulations and supervisory standards”_ set by UKA financial authorities.
*Strategic Shift Amid Global Ambitions*
Management described the rebranding as part of a broader restructuring initiative to _“strengthen the bank’s international identity, expand its global financial footprint, and align operations with contemporary banking standards.”_
Representatives called the licensing and rebranding process a _“major milestone”_ aimed at supporting economic growth, international trade, and cross-border investment initiatives.
*No Disruption to Existing Commitments*
Addressing potential concerns from clients and partners, management reassured stakeholders that _“all existing institutional commitments, operational objectives, and long-term strategic plans remain fully intact throughout the transition process.”_
The Royal Throne indicated that further updates on the licence approval, commencement of operations, corporate partnerships, and investment programmes will be released through official UKA and Arizona Global Bank LLC channels.
_The Department of Financial Administration and Corporate Affairs, Royal Throne of United Kingdom of Atlantis, issued the official statement._
Bank
Fidelity Bank grows Gross Earnings by 45.6% for FY 2025
Fidelity Bank grows Gross Earnings by 45.6% for FY 2025
Lagos, Nigeria – Fidelity Bank Plc, a leading Nigerian financial institution, has announced its audited financial results for the year ended 31 December 2025, reporting Gross Earnings growth of 45.6% from N1.04 trillion in 2024 to N1.52 trillion in FY 2025, reflecting stronger topline momentum across core business segments.
The Group recorded a Profit Before Tax of N347.7 billion. This performance was underpinned by a 38.7% year-on-year increase in interest income to N1.11 trillion (FY 2024: N803.1 billion) and a 44.7% year-on-year rise in fees and commission income to N113.4 billion (FY 2024: N78.4 billion).
On the balance sheet, total assets grew by 18.6% year-on-year to N10.46 trillion (FY 2024: N8.82 trillion), while customer deposits increased by 16.1% year on year to N6.89 trillion (FY 2024: N5.94 trillion), reflecting continued franchise strength and growing customer confidence in the brand. Net loans and advances declined by 2.4% year-on-year to N4.28 trillion (FY 2024: N4.39 trillion) as customers paid down on their mature obligations.
The Bank also strengthened its capital position during the period, with eligible capital rising to N561 billion, above the regulatory minimum of N500 billion for banks with international authorisation. In addition, capital adequacy remained robust, with Capital Adequacy Ratio of 30.94 percent as at 31 December 2025 (FY 2024: 23.47 percent).
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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