Business

-Investors delighted with bank’s impressive performance Shareholders have expressed readiness to massively support and mobilise for the ongoing recapitalisation of Fidelity Bank Plc amid commendations for the impressive performance of the bank over the years. Shareholders were unanimous that Fidelity Bank has shown strong resilience over the years and demonstrated …

…We consider this project CSR – Dangote President Bola Ahmed Tinubu has described the newly commissioned Oworonshoki-Apapa Expressway as the Tenth Wonder of the World. This is just as he commended the President of Dangote Industries Limited, Alhaji Aliko Dangote, for his selflessness in actualising the project. President Tinubu, represented …

Dr. Taiwo Afolabi, Chairman, SIFAX Group, has called on the government to improve the remuneration of health workers in the country in order to stem the tide of migration of doctors and other health workers out of Nigeria. While speaking at his investiture as the Chancellor of Gerar University of …

VFD Group Plc., a leading proprietary investment company in Nigeria, today announced its Q1 unaudited financial results for the year 2024, reporting ₦2,620 billion profit after tax. According to the result published on the NGX portal, the company’s balance sheet improved in the period under review as total assets hit …

First Bank of Nigeria Limited, in partnership with Proparco, a Development Finance Institution is mainstreaming climate initiatives into its business operations and strategy. This is aimed at achieving a holistic integration of climate action on Greenhouse Gas (GHG) emissions reduction through an articulated strategic pathway to position the Bank as …

A fresh crisis is brewing within the Body of Benchers, the apex regulatory body for the legal profession in Nigeria, as the new chairman, Asiwaju Adegboyega Awolomo SAN, is accused of unilaterally reconstituting all committees without the customary approval of the Board. Awolomo’s decision to dissolve all existing committees and …

L-R: Marian Odidika, Middle Market and Youth Segment Officer, Stanbic IBTC Bank; Alice Adeyemo and Remi Adebayo, both winners in the Reward4Savings 3.0 April draw and Sadiya Ojo, Head, Entrenchment, Stanbic IBTC Bank, at the cheque presentation ceremony which was recently held at Stanbic IBTC Towers, Walter Carrington Crescent, Lagos. …

  Banky W Nigerian singer turned clergyman and politician, Olubankole Wellington, popularly known as Banky W has said that contrary to popular belief, money isn’t the key to happiness. According to the Empire Mate Entertainment boss, if money was the key to happiness, billionaires would not commit suicide. He stated this …

Interswitch Limited, one of the Nigeria payment platforms, is currently engulfed in a whooping N33 billion fraud. Interswitch Limited, in a bid to recover the huge loss, has instituted a suit against Access Bank Plc and 53 others before a Federal High Court, Lagos. Named as defendants alongside Access Bank Plc …

  FCMB Group Plc is set to hold its 11th Annual General Meeting (AGM) at the Balmoral Convention Center, Federal Palace Hotel, Victoria Island, Lagos on Friday, May 24, 2024. The meeting comes on the back of the financial institution’s remarkable performance over the past year, as detailed in its recently …