Business

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 »

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 …

Read More »