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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 …

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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 …

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EFCC re-arraigns ex-NSA Sambo Dasuki, 3 others

The Economic and Financial Crimes Commission, EFCC, on Tuesday, March 25, 2025 re-arraigned former National Security Adviser, Colonel Sambo Dasuki (retd) before Justice Charles Agbaza of the Federal Capital Territory High Court, Abuja, for fraud. He was re-arraigned alongside a former General Manager of the Nigerian National Petroleum Corporation, NNPC, …

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Soyinka condemns modern-day slavery at UN General Assembly

Nobel Laureate, Prof. Wole Soyinka, has denounced the persistence of modern-day slavery in Africa and beyond. He made these remarks during his keynote address at the United Nations General Assembly, held at the UN Headquarters in New York, on Tuesday. The event marked the annual observance of the International Day …

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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 …

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