Fidelity Bank grows PBT by 167.8% to N105.8 billion in Q1 2025
Fidelity Bank Plc, one of Nigeria's leading Tier-1 financial institutions, has announced a remarkable financial performance for the first quarter...
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ZENITH BANK ASSURES SHAREHOLDERS OF QUANTUM LEAP IN FUTURE DIVIDENDS AT 34TH AGM, 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,...
SENATOR ADEOLA MISQUOTED ON BUHARI BORROWING $400 BILLION
Senator Solomon Adeola (APC, Ogun West) the chairman of Senate Committee on Appropriations has denied news report that the Administration...
Tincan Island Port Command Achieves ₦347 Billion Revenue Milestone in Q1 2025
The Tincan Island Port Command of the Nigeria Customs Service has recorded a remarkable revenue growth of ₦347,935,672,475.50 in the...
Rite Foods Chairman, Asiwaju Adegunwa Donates N2 billion Trauma Centre to OOUTH
The Chairman of Rite Foods Limited, manufacturers of Bigi, Fearless, and Sosa brands of non-alcoholic beverages, Asiwaju Sulaiman Adebola...
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
Wema Bank Nigeria (“Wema” or “the Bank”)) has released its audited Consolidated Financial Statements for the period ended December 31st,...
Senator Natasha Apoti NI00 Billion and Akpapio’s wife Ekaette Akpapio trade in N350 Billion suit: A delusional
By Prof Funmilayo Adesanya-Davies The recent lawsuit filed by Ekaette Akpabio, wife of Senate President Godswill Akpabio, against Senator...
Full Year 2024: UBA Grows Profit to ₦804 Billion, Declares N3.00 Kobo Final Dividend
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the full year...
Senator Natasha Apoti NI00 Billion and Akpapio’s wife Ekaette Akpapio trade in N250 Billion suit: A delusional
By Prof Funmilayo Adesanya-Davies The recent lawsuit filed by Ekaette Akpabio, wife of Senate President Godswill Akpabio, against Senator...
Gospel Singer Mercy Chinwo Slams VeryDarkMan with N1.1 Billion Law Suit
Gospel singer Mercy Chinwo has filed a N1.1 billion defamation lawsuit against blogger Martins Vincent Otse, popularly known as VeryDarkMan,...
Nestlé Announces Dairy Demonstration Farm, Invests Over ₦1.8 Billion in Dairy Development
Nestlé Nigeria has launched a dairy demonstration farm in Paikon Kore, marking a significant milestone in the company's commitment...
Stanbic IBTC Capital leads Presco PLC’s ₦82.9 Billion Bond Issuance to drive West African market growth
Presco PLC (Presco or the “Company”), has achieved a significant milestone with the successful issuance of its ₦82,896,000,000 7-year 23.75% senior unsecured...
Stanbic IBTC Holdings PLC successfully launches its ₦148.7 Billion Rights Issue
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has announced the opening of its ₦148.7 billion...
Lucky Fibres Limited Quotes ₦20.00 Billion Commercial Paper Issuance Programme on FMDQ Exchange
FMDQ Securities Exchange Limited (“FMDQ Exchange” or the “Exchange”), through consistent collaboration with its stakeholders, continues to deepen and effectively...
Precise Lighting Limited Registers ₦3.50 Billion Commercial Paper Programme on FMDQ Exchange
FMDQ Securities Exchange Limited (“FMDQ Exchange” or the “Exchange”) continues to lead the way in transforming the Nigerian debt markets,...
Governor Soludo Signs 2025 Budget of N606.9 Billion into Law, Focuses on Infrastructural Development
Governor Charles Chukwuma Soludo has signed the N606,991,849,118 Budget of the next fiscal year into law, focusing on key...
CBN fines Moniepoint and OPay N2 Billion
In a continuation of the Central Bank of Nigeria’s (CBN) increased scrutiny of fintech startups, two of the country’s...
Governor Soludo Presents 2025 Budget of N606.9 billion
…Infrastructure, Economic Transformation, Human Capital Development, Top List Governor Chukwuma Charles Soludo has presented the 2025 fiscal year budget of...
UBA To Raise N239.4 Billion Through Rights Issue To Strengthen Capacity
Shareholders to receive one new share for five existing shares Further strengthens regulatory capital and positions Group for...
inDrive Celebrates 5 Billion Deals Milestone Achievement
inDrive is celebrating a major milestone: the completion of 5 billion deals on its global mobility and urban services platform...
NB Plc N599.1 Billion Rights Issue to Eliminate Forex Exposure, Reposition Business Performance
L-R: Chief Executive Officer, NGX, Jude Chiemeka: Managing Director, Nigerian Breweries Plc, Hans Essaadi; Company Secretary/Legal Director, NB Plc, Uaboi...
Olam Agri Commits Over ₦6.5 Billion to Sustainable Social Investment in Nigeria Outlines Four-Year Implementation Plan
Olam Agri, a leading agribusiness in food, feed, and fibre in Nigeria, is significantly expanding its Corporate Responsibility and Sustainability...
Nestlé Nigeria Invests Over 6 billion Naira in Youth Empowerment and Skill Development
Nestlé Nigeria underscored its commitment to youth empowerment and skill development at the recent graduation ceremony of ten young...
ZENITH BANK FINALISES PLANS FOR N290 BILLION RIGHTS ISSUE AND PUBLIC OFFER
Zenith Bank Plc is set to raise N290 billion through a combination of a Rights Issue and a Public Offer...
DisCos’ Revenue Declines by 1.12% to N291 Billion in Q1 2024
The electricity distribution companies (DisCos) in Nigeria generated revenue of N291.62bn in the first quarter of 2024 down slightly when compared to...
Access Bank Raises N442 Billion Capital Through Syndicated Tier II Facility
Front row (L-R): Michael Jongeneel, Chief Executive Officer, FMO and Roosevelt Ogbonna, Managing Director/Chief Executive Officer, Access Bank Plc Back...
Fidelity Bank eyes oversubscription to N127.1 billion combined offers
Against the background of groundswell of supports and enthusiasm for the bank’s ongoing offers, Fidelity Bank Plc has started...
