ZENITH BANK RECOGNISED AS 'BEST CORPORATE GOVERNANCE FINANCIAL SERVICES' IN AFRICA FOR THE FOURTH YEAR RUNNING
ZENITH BANK RECOGNISED AS 'BEST CORPORATE GOVERNANCE FINANCIAL SERVICES' IN AFRICA FOR THE FOURTH YEAR RUNNING For the fourth consecutive year, Zenith Bank Plc has been named as the Best Corporate Governance 'Financial Services' Africa 2023 by the Ethical Boardroom. The award, which was published in the Spring 2023 edition of The Ethical Boardroom magazine, is in recognition of the bank’s adherence to global best practices and institutionalization of corporate governance, setting an industry-wide example of best practices i…
Stanbic IBTC Bank Nigeria PMI: Recovery from cash crisis continues in May
Stanbic IBTC Bank Nigeria PMI: Recovery from cash crisis continues in May Latest PMI data indicated that the Nigerian private sector continued to recover from the cash crisis in May as access to money improved and business conditions returned to normality. Output and new orders expanded for the second month running, with the latter increasing at the fastest pace in just over a year. Confidence remained historically subdued, however, meaning that firms continued to operate a cautious approach with regard to hiring. Input costs rose shar…
GOVT, FIRST BANK PARTNER TO BOOST HEALTHCARE DELIVERY IN IJE-ODODO COMMUNITY
GOVT, FIRST BANK PARTNER TO BOOST HEALTHCARE DELIVERY IN IJE-ODODO COMMUNITY In a bid to boost healthcare delivery to thousands of residents, the Lagos State Government has built and unveiled a new Primary Healthcare Centre (PHC) in Ije-Ododo Community, Iba Local Council Development Area (LCDA), under the Ojo Council Area of the state. The facility, which has been under construction since 2021 in partnership with First Bank of Nigeria Limited, was unveiled in the community in an opening ceremony attended by the Lagos State Governor, Baba…
NASCON RECORDS 84% INCREASE IN PROFIT
NASCON RECORDS 84% INCREASE IN PROFIT …shareholders commend dividend payment. NASCON Allied Industries Plc have recorded impressive growth in all performance indicators in the year ended December 31, 2022, with profit after tax surging by 84 percent, from N2.97 billion to N5.47 billion. Shareholders at the company’s 2022 annual general meeting (AGM) held at the weekend in Lagos commended the board and management of NASCON for consistent payment of dividends. DSC_3880: L-R: Executive Director Commercial, NASCON Allied Industries Plc, Fat…
Iconic Encounter: Music Superstar Davido Meets Wema Bank's New MD/CEO
Iconic Encounter: Music Superstar Davido Meets Wema Bank's New MD/CEO In what will be recorded as a historic occasion in the worlds of entertainment and finance, globally acclaimed Nigerian music artist, Davido met with Wema Bank’s Managing Director and Chief Executive Officer, Moruf Oseni, to explore opportunities for collaboration and transformation between the finance and entertainment industries. Iconic Encounter: Music Superstar Davido Meets Wema Bank's New MD/CEO In what will be recorded as a historic occasion in the worlds…
Nestle Plc celebrates Nigerian Childre
Nestle Plc celebrates Nigerian Children On Children’s Day, Nestlé Nigeria celebrates the resilience of Nigerian Children Nestlé Nigeria marked Children’s Day 2023 with children in the 30 Nestlé for Healthier Kids beneficiary schools, by providing them with learning materials. The company has been at the forefront of efforts to help children live healthier, happier lives through research, product innovation, food fortification, nutrition education and promotion of an active lifestyle. The company collaborates with stakeholders to reach …
Children's Day: Polaris Bank urges Parents to teach their kid's savings culture
Children's Day: Polaris Bank urges Parents to teach their kid's savings culture Lagos, Nigeria – May 26, 2023 – As the world commemorates 2023 children’s’ day celebration, Polaris Bank has urged parents to imbibe in their kids, the art of saving by opening Polaris Rainbow Account. To encourage savings amongst kiddies, Polaris Bank offers its customers a specialized savings account, Polaris Rainbow Account, for kids between zero and 12 years. The account is part of a range of products designed by the Bank to ensure that, from infancy…
Quadrant MSL, High-Stakes PR and GLG Communications, Partner to Host Africa Communications Week 2023
Quadrant MSL, High-Stakes PR and GLG Communications, Partner to Host Africa Communications Week 2023 L-R: Anthony Osae-Brown, Bureau Chief, Bloomberg Nigeria. Kingsley D. Uranta, Assistant General Manager Operations of Channels Television. Victoria Uwadoka, Corporate Communications and Public Affairs Manager, Nestlé Nigeria. Oluwatantimi Olaniyan, Business Lead, Quadrant MSL. Dr. Ogho Okiti, Chief Product Officer, ThinkBusiness and Dr. Ken Egbas, Founder/CEO TruContact CSR Limited. L-R: Victoria Uwadoka, Corporate Communications and Publi…
Shareholders Applaud Fidelity Bank for Exceptional Performance in 2022 FY
Shareholders Applaud Fidelity Bank for Exceptional Performance in 2022 FY 24 May 2023 – Lagos, Nigeria – Shareholders of leading financial institution, Fidelity Bank Plc, have commended the board and management of the bank for delivering an exceptional performance in FY 2022. This was made known at the bank’s 35th Annual General Meeting (AGM) held virtually on Tuesday, May 23, 2023. Speaking at the AGM, the Chairman Emeritus of the Independent Shareholders Association of Nigeria (ISAN), Sir Sunny Nwosu applauded the bank’s management for …
Nestlé Appoints Oyebode as Board Chairman as Ifezulike Retires
Nestlé Appoints Oyebode as Board Chairman as Ifezulike Retires The Board of Nestlé Nigeria PLC has appointed Mr. Gbenga Oyebode, MFR, as the new Chairman of the Board of Directors with effect from May 18, 2023. The appointment announced to shareholders and other stakeholders at the Annual General Meeting of Nestlé Nigeria PLC, held at the MUSON Center on May 17, 2023, follows the retirement of Mr. David Ifezulike as a Director and the Chairman of the Board of the Company with effect from May 18, 2023. Mr. Oyebode qualified as a Solicitor and A…
Dangote Refinery will generate $21billion, to employ over 100,000 youths
Dangote Refinery will generate $21billion, to employ over 100,000 youths Amid encomium from eminent personalities, which included President Mohammadu Buhari and five other African heads of state, President of the pan-African Conglomerate, Dangote Industries Limited (DIL), Aliko Dangote disclosed yesterday that the newly commissioned 650,000pbd refinery would employ over 100,000 Nigerians youths as well as generate over $21 billion, therefore saving the country huge forex, that would have been used for fuel importation. The company, accord…
Wema Bank Employees Donate chairs, tables to Isale Eko Grammar School
Wema Bank Employees Donate chairs, tables to Isale Eko Grammar School Wema Bank, Nigeria’s leading financial institution known for its dedication to social responsibility, marked a momentous occasion today as it made a substantial donation of chairs and tables to Isalẹ Eko Grammar School. This heartfelt gesture, a testament to Wema Bank's unwavering commitment to community development, was made possible through its Corporate Social Investment (CSI) initiative, the "Salary for Love" campaign. During this remarkable endeavor, We…
Buhari, five African Presidents to commission Dangote Petroleum Refinery (today)
Buhari, f ive African Presidents to commission Dangote Petroleum Refinery (today) In an epoch-making event that will positively transform Nigeria’s oil and gas sectoral landscape, President Muhammadu Buhari will today commission Dangote Petroleum Refinery & Petrochemicals, the world’s largest single train refinery in Ibeju-L ekki , Lagos ; alongside his counterparts from Ghana, Togo, Senegal, Niger, and Chad. Promoted by Africa’s richest man, Aliko Dangote, the petroleum refinery with a capacity to process 650,000 barr…
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