President Bola Tinubu has congratulated the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, on his admission to the prestigious Freedom of the City of London. Admission to the Freedom of the City of London is an honour bestowed on individuals either for their service to the city …
Read More »REVEALED: Trouble Hits DSTV/GOTV As MultiChoice Loses Nearly 4million Subscribers
MultiChoice, Africa’s leading entertainment provider and operator DStv, has warned shareholders to brace for tougher times as the company struggles in a challenging economic climate. The pay-TV giant has suffered a sharp decline in its subscriber base, dropping from over 23 million to 19.3 million in less than two years. …
Read More »Glo Foundation storms another Lagos community with food items, essentials
Globacom’s Corporate Social Responsibility (CSR) arm, Glo Foundation, has again put smiles on the faces of thousands of less privileged Nigerians with its food relief and household essentials shared in cartons. The charity fair was this time held at at Ikota community in Lagos on Saturday sequel to the first …
Read More »UBA Charts Path for 2025, to Focus on Innovation, Digital Transformation, Sustainability
To Expand Operations to Saudi Arabia, France in 2025. Africa’s Global Bank, United Bank for Africa (UBA) Plc, has outlined its roadmap for the 2025 financial year, with a strong focus on innovation, digital transformation, physical and financial strength as well as its global reach. On the back of its …
Read More »ZENITH BANK MAINTAINS SUPERLATIVE PERFORMANCE WITH PBT OF N1.3 TRILLION IN FULL YEAR 2024
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 …
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