In a bold move to redefine promotion of financial literacy, Nigeria’s retail lender, Unity Bank Plc, has unveiled GenFi, a new digital banking platform tailored to empower kids and teenagers between the ages of 8 and 18 with essential financial skills. The launch follows a report by the Central Bank …
Read More »Aliko Dangote Foundation Announces 2025 YGL Dangote Fellows
The Aliko Dangote Foundation, in collaboration with the Forum of Young Global Leaders (YGL), has unveiled the recipients of the 2025 Aliko Dangote Fellowship – a cohort of gifted and high calibre African changemakers selected as part of the prestigious YGL Class of 2025. This year’s Fellows join a global …
Read More »Stanbic IBTC Bank Nigeria PMI: Output growth hits 15-month high in April
The start of the second quarter of 2025 saw a further improvement in business conditions among Nigerian companies amid strengthening customer demand and growth of output. In response, firms ramped up their purchasing activity and took on extra staff, but this expansion of capacity was not sufficient to prevent a …
Read More »Wema Bank Celebrates 80 Years of Impact
…Sets the stage for a future of more possibilities Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has officially marked the incredible milestone of its 80th anniversary on Friday, May 2nd, 2025. Celebrated as Nigeria’s oldest indigenous bank, Wema Bank was founded on …
Read More »Man defrauds bank of N16.7m, gets jail sentence
An Ikeja Special Offences Court on Wednesday sentenced a man, Abubakar Sani, to one year imprisonment for defrauding Lotus bank of N16.7 million. Justice Olubusola Okunuga convicted Sani following his guilty plea to an amended one-count charge of being in possession of an item reasonably suspected to have been stolen. …
Read More »FCMB closes 2024 with stunning N7.1 trillion in assets, declares dividend
FCMB Group Plc held its 12th Annual General Meeting (AGM) in Lagos on April 29, 2025, where shareholders approved the Group’s 2024 audited financial statements and key resolutions aimed at driving long-term growth and strengthening corporate governance. The Group ended the 2024 financial year with total assets of ₦7.1 trillion …
Read More »Guinness Nigeria Celebrates 75 Years of Brewing Greatness and Building for More
Guinness Nigeria Plc, the country’s foremost total beverage alcohol company, is commemorating 75 bold and impactful years – a celebration of heritage, innovation, and deep-rooted connection to the Nigerian people. Established in 1950 and opening its first brewery in Lagos in 1962 – the very first Guinness brewery outside Ireland …
Read More »Emirates and Nigerian Ministry of Art Culture Tourism and the Creative Economy sign MoU to Stimulate Inbound Tourism
Emirates and Nigerian Ministry of Art Culture Tourism and the Creative Economy have signed a Memorandum of Understanding (MoU) at the 2025 Arabian Travel Market, to boost international visitors to Nigeria. The partnership underscores the airline’s commitment to the market through attracting visitors from across its global network of more …
Read More »ZENITH BANK PROMISES QUANTUM LEAP IN DIVIDENDS, PAYS N195.67 BILLION FOR 2024 FINANCIAL YEAR
Shareholders of Zenith Bank Plc, at the 34th Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos, on Tuesday, April 29, 2025, approved the proposed final dividend payment of NGN4.00 per share, bringing the total dividend for the 2024 financial year to NGN5.00 per share, with a …
Read More »Dangote Sugar grows turnover by 51%, to provide 75,000 jobs
The chairman of Dangote Sugar Refinery Plc, Aliko Dangote has revealed that the company’s turnover increased by 51 per cent to N665.6 billion for the year ended December 31, 2024, as against the corresponding figure of N441.5 billion recorded for the 2023 financial year. Speaking at the 19th Annual General Meeting …
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