Zenith Bank Plc has announced its audited financial results for the year ended December 31, 2024, delivering significant growth across key performance indicators. The Bank’s impressive performance reflects effective management and pricing of its risk assets, as well as an optimized treasury portfolio, reinforcing its position as a leader in …
Read More »FY 2024: Fidelity Bank records a 210.0% growth in PBT to N385.2bn
…Declares a total dividend of N2.10 per share Leading financial institution, Fidelity Bank Plc, released its 2024 full-year Audited Financial Statements, reporting a 210% growth in Profit Before Tax to N385.2 billion. According to the Bank’s results released on the Nigerian Exchange (NGX) on Friday, 28 March 2025, …
Read More »Wema Bank Releases Audited Results for FY 2024, Profit Before Tax Soars 135% to ₦102.5bn Billion; Proposes N1.00 final dividend per share; commences N150bn Rights issue in April 2025
Lagos, Nigeria – Wema Bank Nigeria (“Wema” or “the Bank”)) has released its audited Consolidated Financial Statements for the period ended December 31st, 2024, to the Nigerian Exchange Group (NGX). Wema Bank reported profit before tax of ₦102.51bn, representing an increase of 135% over the ₦43.59bn recorded in …
Read More »GTCO Plc Releases 2024 Full Year Audited Results
…Pays Shareholders Record Dividend of N8.03k for 2024 Financial Year Lagos, Nigeria – March 2025 Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2024, to the Nigerian Exchange Group (NGX) and London Stock Exchange …
Read More »FIRSTBANK FILES APPEAL
INJUNCTION AND STAY OF EXECUTION CARGO REMAINS UNDER ARREST In a surprising twist of events, its decision delivered today, the Federal High Court in a surprising shift from the true nature of FirstBank ’s claim held that the matter is not a maritime claim but rather, a simple case of …
Read More »Dangote Spreads Generosity to Katsina, Donates 35,000 Bags of Rice
Dangote Feeds Thousands In Katsina, Donates 35,000 Bags of Rice The Aliko Dangote Foundation has donated 35,000 bags of rice to the poor and vulnerable people of Katsina State. This is coming two weeks after it commenced the distribution of one million bags of rice worth N16billion across the 774 local …
Read More »US Imports Over 2 million Barrels of Jet Fuel from Dangote Refinery
… experts hail refinery, call for support The growing influence of the Dangote Petroleum Refinery & Petrochemicals is extending far beyond Africa and the Middle East, as the United States imports over two million barrels of jet fuel from the world’s largest single-train refinery in March. Experts assert that this …
Read More »UBA dividend sparks Stock Market boom as Investors rake in N369bn gain
The Nigerian stock market kicked off the week with a massive surge, delivering a whopping N369 billion gain to investors as performance indices jumped by 0.56 per cent on Monday. Nigerian e-commerce platforms The rally came on the heels of United Bank for Africa (UBA)’s blockbuster announcement of a three …
Read More »Kano Residents Benefit from Fidelity Food Bank Initiative
Over 1,500 residents have benefited from a Fidelity Food Bank outreach in Kabuga community, Dala Local Government Area of Kano state. The Corporate Social Responsibility (CSR) initiative, executed in partnership with Misnoory Foundation, saw staff of the bank distribute essential food items to support people during the holy month …
Read More »Dr. Adesola Adeduntan (FCA), appointed Pro Chancellor & Chairman of Governing Council of Abiola Ajimobi Technical University.
The Governor of Oyo State, His Excellency Seyi Makinde, has appointed Dr. Adesola Kazeem Adeduntan, the immediate past Managing Director/Chief Executive Officer of FirstBank Group, as the Chairman of the Governing Council of Abiola Ajimobi Technical University, Ibadan. The appointment, which takes immediate effect, was conveyed in an official letter …
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