Business
CAPITAL LUXURY GROUP UNVEILS CAPITAL LUXURY VILLA, SEALS BUSINESS DEAL AS SOLE MARKETER OF ODOGWU BITTERS IN A’IBOM, CROSS RIVER ( Video)
CAPITAL LUXURY GROUP UNVEILS CAPITAL LUXURY VILLA, SEALS BUSINESS DEAL AS SOLE MARKETER OF ODOGWU BITTERS IN A’IBOM, CROSS RIVER
Business tourism experienced a boost over the week when some top Nigerian entrepreneurs and celebrities Obi Cubana, Emoney, the ‘Prime Minister’ of Cubana group, Lucky Luciano, Ned Okonkwo the real estate mogul, the Capital Luxury Ambassador Ini Edo, Hilda Baci and others took a three-day getaway trip to the Capital Luxury Villa, hosted by the Ceo of Capital Luxury Group Edidiong UdoIdiong . Earlier in the day, the celebrities attended the inaugural dinner of Pastor Umo Eno, the Governor of Akwa Ibom State to felicitate with him.
They conducted a tour of the newly commissioned Maintenance, Repairs & Overhaul (MRO) facility at the Victor Attah International Airport. There, they expressed their admiration at the high quality of the facility and commended the state government for completing the ambitious project which will make the state an aviation powerhouse in the West Africa sub-region.
In his remark, “the CEO of Capital Luxury, stated that the facility is state of the art and would enable aviation business to thrive. “Apparently, it will encourage CAPITAL LUXURY AIR fly more clients conveniently into the state and at large”.
They also conducted a tour around the Capital Luxury Customer-Centric Facility and Bus Terminal located at no 18 Itam Street, the transportation arm of the company. In his remark, Obi Cubana hinted it is a one-stop shop for a broad spectrum of businesses across the country and would love to do more business with the Capital Luxury Group.
On hopping on Capital Luxury Transit Bus, E-money remarked that the buses are of high standards and have served as flight alternatives for his road trips over the years. He also reminisced back in the days when he use to take bus trips it was totally inconvenient but with Capital Luxury Transit it is totally convenient and he will choose Capital Luxury Transit always. They all commended Capital Luxury CEO and the Vice President, Mrs. Eme Edidiong UdoIdiong for a job Well done.
Meanwhile, Capital Luxury Group has signed a business deal with Cubana Group to become the sole distributor of Odogwu Bitters and other related products, in Nigeria’s South-South states of Akwa Ibom and Cross River respectively. The deal was signed at Capital Luxury Villa and puts the brand in a pole position to market the luxury drink to patrons and new consumers.
Capital Luxury Global Resources is a multifaceted and prestige company with a commitment to providing unlimited luxury products and services. As a global luxury group, the company deploys innovative and creative energy to bring luxury into all aspects and serve customers and clients better, delivering luxury in Automobiles, Hotels, Entertainment and Destination Tourism Transportation, Road Construction, and Real Estate.
A Luxurious feast was held at the Capital Luxury Villa where the guests were treated to the full complement of the villa experience, showcasing the traditional Akwa Ibom hospitality, culture, food(Afere Afang,EdikanIkong,Ekpang etc) music, and dances performed by cultural troupes amongst other activities with Nollywood celebrity and Ambassador of Capital Luxury Ini Edo, immediate past Commissioner for Tourism and immediate past Special Assistant to Immediate past Governor of Akwa Ibom State, Mr. Udom Emmanuel on Entrepreneurial Development, Mrs Meflyn Anwana, a cross-section of AKISAN members and Chef Hilda Baci among others in attendance.
Capital Luxury Villa was designed and built by Capital Luxury Homes for tourists who are seeking a high-end travel experience. The resort provides more privacy, space, and luxury amenities than traditional hotels, giving tourists the chance to enjoy a luxurious home-away-from-home experience with concierge services, daily housekeeping, private chefs, providing a personalized and comfortable travel experience, vacation home rental, including private tours, transportation, and other high-end services.
https://youtu.be/Sr55bwVjSpM
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.
Business
ALIKO DANGOTE FOUNDATION’S FORGES PARTNERSHIP WITH ISLAMIC DEVELOPMENT BANK
ALIKO DANGOTE FOUNDATION’S FORGES PARTNERSHIP WITH ISLAMIC DEVELOPMENT BANK
Ms. Zouera Youssoufou, Managing Director & CEO of Aliko Dangote Foundation (ADF) in company with Mr. Ahmed Iya, Head of Community Engagement & Polio Eradication of ADF visited Dr. Rami Ahmad, Vice President (Operations) of the Islamic Development Bank at IsDB Headquarters in Jeddah.
The delegation used the occasion to highlight the activities of the Foundation so far which made great impact on people of all races by enhancing opportunities for social change through strategic investments that improve health and wellbeing, promote quality education, and broaden empowerment opportunities for individuals and communities.
Dr. Rami also expressed his expectation of a good and rewarding partnership between the two organisations, as many member countries of the IsDB face pressing debt challenges that constrain their investments in people and livelihoods.
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