Sudan: Dangote steps in, partners FG, Air Peace on re-settling evacuated Nigerians
Sudan: Dangote steps in, partners FG, Air Peace on re-settling evacuated Nigerians The Board of Trustees of the Aliko Dangote Foundation has resolved to be fully involved in the evacuation and resettling of thousands of Nigerians that are stranded in Sudan. Managing Director and Chief Executive Officer of Aliko Dangote Foundation (ADF), Zouera Youssoufou has been in contact with the Management of Air Peace and the Federal Government to indicate the Foundation’s readiness to support the stranded Nigerians. She said: “The Foundation will co…
Wema Bank Celebrates 78th anniversary, ALAT at six
Wema Bank Celebrates 78th anniversary, ALAT at six Lagos, Nigeria - Wema Bank, a leading Nigerian financial institution renowned for its innovative banking solutions and Africa's first fully digital bank, is set to commemorate its 78th and 6th anniversary with a bang. The week-long celebration, which commences on May 1st, 2023, promises an array of exhilarating activities and competitions open to its employees, clients, and the public. Kicking off the anniversary week is the virtual launch of ALAT Alumni, a platform for former Knights …
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Fidelity Bank: Strengthening the footprint of growth … with impressive FY’22 financials
Fidelity Bank: Strengthening the footprint of growth … with impressive FY’22 financials Fidelity Bank Plc has released its audited financial statements (AFS) for the year ended December 31, 2022 which showed the bank’s impressive growth across key top-to-bottom line figures. The full year 2022 scorecard The bank’s financial results released to the investing public at the Nigeria Exchange Limited (NGX) show its full year (FY) 2022 gross earnings printed higher at N337.050billion, representing 34.4percent increase against N250.776billion reco…
ZENITH BANK ACHIEVES REMARKABLE 41% GROWTH IN GROSS EARNINGS IN Q1 2023
ZENITH BANK ACHIEVES REMARKABLE 41% GROWTH IN GROSS EARNINGS IN Q1 2023 Zenith Bank Plc has announced its unaudited results for the first quarter ending 31st March 2023, with an exceptional double-digit growth of 41% in Gross Earnings, increasing from ₦191.5 billion in Q1 2022 to ₦270 billion in Q1 2023. The unaudited statement of account submitted to the Nigerian Exchange (NGX) on Friday, 28th April 2023, indicated that the significant double-digit growth in the topline also boosted the bottom line, with the Group experiencing an impressi…
Nestlé Nigeria Celebrates 3rd batch of Graduates from her Abaji Technical Training Center
Nestlé Nigeria Celebrates 3rd batch of Graduates from her Abaji Technical Training Center Picture TTC Abaji 2023 B – The graduating students. TTC Abaji – (L -R) Ayodele Ayeokere, Factory Manager, Nestlé Abaji Factory, Fridah Muchina, Regional Head of HR, Nestlé Central and West Africa, Mallam Muhammed Bashir, Director, Human Resources Management, Ministry of the Federal Capital Territory representing the Honorable Minister of the FCT, Shakiru Lawal, Country HR Manager, Nestlé Nigeria PLC, Wassim Elhusseini, MD/CEO, Nestlé Nigeria…
Africa Trade Barometer Report 2022 Showcases Promising Growth in Trade - Stanbic IBTC
Africa Trade Barometer Report 2022 Showcases Promising Growth in Trade - Stanbic IBTC Stanbic IBTC Holdings, a member of Standard Bank Group has shared some of its latest findings from the Africa Trade Barometer Report 2022 released recently. The report, which assesses key economic indicators in Africa highlights several noteworthy developments across 10 African countries. According to the report, Nigeria is placed eighth out of the ten countries on the Africa Trade Barometer (ATB) after dropping one position (sixth to seventh place) on t…
Fidelity Bank Records Stellar Performance in FY 2022 …… Declares total dividend of 50K per share
Fidelity Bank Records Stellar Performance in FY 2022 …… Declares total dividend of 50K per share Lagos, Nigeria, April 27, 2023: Fidelity Bank Plc, a leading financial institution released its 2022 Audited Financial Statements on the Nigerian bourse today. The results showed a 34.4% growth in Gross Earnings YoY to N337.1bn, driven by 45.2% growth in interest and similar income to N295.6bn. The increase in Interest Income was led by a combination of improved yield on earning assets and 19.1% YoY expansion in earnings base to N2.64trn. This …
WEMA BANK RECEIVES CERTIFICATE OF COMPLIANCE
WEMA BANK RECEIVES CERTIFICATE OF COMPLIANCE
Tech-enabled healthcare platform, CloudClinic, unveiled in Lagos.
Tech-enabled healthcare platform, CloudClinic, unveiled in Lagos. CloudClinic Limited (CCL), a digital healthcare service company, has launched its cloud-based healthcare solution called CloudClinic to facilitate virtual consultation between patients and licensed medical practitioners. The platform makes it possible for anyone to access affordable health care from the comfort of their homes, offices or on the go with the aid of their internet-enabled devices. L-R: Flourish Nnamdi, Product Manager; Ifeanyi Aneke, Founder and Chief Exe…
Dangote: Global Partnerships and Investments saved 12m lives from Malaria deaths
Dangote: Global Partnerships and Investments saved 12m lives from Malaria deaths As the World Malaria Day is marked globally, President of Dangote Group and United Nations’ Malaria Ambassador for Nigeria, Aliko Dangote has called for joint actions by all stakeholders globally if the collective goal of the disease elimination by 2030 is to be achieved. Dangote in his World Malaria Day statement titled “With Urgent Investment, Innovation and Implementation, Zero Malaria Spread is Possible” urged that all stakeholders must work together to …
*Network Int'l, Polaris Bank strengthens Partnership to deepen financial inclusion, digital transformation*
*Network Int'l, Polaris Bank strengthens Partnership to deepen financial inclusion, digital transformation* Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has renewed its partnership with one of Nigeria’s largest financial service providers, Polaris Bank Limited, to deepen financial inclusion and digital transformation. The partnership is anchored on the provision of payments processing solutions and API gateway services which supports the Bank’s goal of offering…
Wema Bank Plc. Reports Gross Earnings of ₦131.1 billion, up 42.3% y-o-y, declares dividend of 30kobo per share
Wema Bank Plc. Reports Gross Earnings of ₦131.1 billion, up 42.3% y-o-y, declares dividend of 30kobo per share Wema Bank Plc, Nigeria's most innovative bank, has delivered a stellar fourth quarter 2022 performance and continues its evolution into an unrivalled market leader and efficient bank. According to a press statement issued by the bank in respect of its audited financial results for the period ended December 31, 2022, the bank recorded gross earnings of N131.08 billion year on year, representing an increase of 42.3 percent over …
Onyeali-Ikpe, Olusanya make top 10 on 2023 definitive list of women CEOs
Onyeali-Ikpe, Olusanya make top 10 on 2023 definitive list of women CEOs The third annual Africa.com Definitive List of Women Chief Executive Officers (CEOs) was revealed on April 19. Nneka Onyeali-Ikpe, Managing Director/CEO, Fidelity Bank Plc and Miriam Chidiebele Olusanya, Managing Director, Guaranty Trust Holding Company made the top 10 list. Both companies are listed on the Nigerian Exchange Limited (NGX). The list is unique in that it is based on data-driven research. Sponsored by Standard Bank Group, it represents one of the first an…
Union Bank: Group Audited Financial Statements for the Year Ended December 31, 2022
Union Bank: Group Audited Financial Statements for the Year Ended December 31, 2022 Strong revenue growth driven by core business deepening Union Bank has announced the release of its audited financial statements for the year ended 31st December 2022, which reflects strong financial performance despite macroeconomic headwinds. Union Bank maintained consistent success due to the disciplined execution of its go-to-market strategy focused on deepening its core business while exploring new areas of opportunity to acquire, engage, and retain custo…
ALAT by Wema Launches "Sounds of ALAT"
ALAT by Wema Launches "Sounds of ALAT" LAGOS, NIGERIA: 14th April, 2023 ALAT by Wema, Africa's first fully digital bank, is celebrating its 6th anniversary with the launch of "Sounds of ALAT," a boot camp and creative workshop aimed at supporting young creatives in the entertainment industry in Nigeria. The event, which will run from May 1st to May 5th, 2023, at Wema Bank, Purple Academy, will equip participants with top-notch industry knowledge and offer an opportunity to win up to five million naira for the creatio…
Dangote Sugar pays N18.22bn Dividends, to produce 170,000 Tonnes next season
Dangote Sugar pays N18.22bn Dividends, to produce 170,000 Tonnes next season Despite the economic headwinds that characterised 2022, Dangote Sugar Refinery Plc (DSR) will pay N18.22 billion as dividends to shareholders for the year ended December 31, 2022, while also targeting the production of over 170,000 tonnes of sugar next season. The dividend payout will translate to N1.50 kobo per share held by shareholders. DSC_6611: L-R: Company Secretary/Legal Adviser, Dangote Sugar Refinery Plc, Temitope Hassan; Chairman, Dangote Sugar Refine…
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