…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 »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, …
Read More »Nasarawa gov bans 2027 campaigns, denies having anointed candidate
Nasarawa State Governor, Abdullahi Sule, has debunked rumors of already having an anointed candidate for the 2027 governorship election. Addressing journalists on the development in Lafia, the state capital, on Wednesday, the Senior Special Assistant to the governor on Public Affairs, Peter Ahemba, described the rumors as baseless, adding that …
Read More »CBN plans fresh battle against forex speculators as naira slides
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says the apex bank remains resolute in its commitment to maintaining order in the country’s foreign exchange market by identifying and eliminating bad actors whose activities undermine the stability of the naira. This came as findings showed that the naira …
Read More »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 …
Read More »Political earthquake in Rivers as Fubara’s loyalists swept out in mass purge
A major political storm has hit Rivers State as all political office holders appointed by suspended Governor Siminalayi Fubara have been axed in a sweeping purge led by the state’s new administrator, Vice-Admiral Ibok Ibas (retd). The was contained in a statement titled: ‘The Rivers State Government announces the suspension …
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 …
Read More »