ZENITH BANK SUSTAINS ASTOUNDING PERFORMANCE WITH REMARKABLE TRIPLE-DIGIT GROWTH IN TOPLINE AND BOTTOM LINE IN Q3 2023 Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2023, recording a remarkable triple-digit growth of 114% from N620.6 billion reported in Q3 2022 to N1.33 trillion in Q3 2023. This performance demonstrates the Group’s resilience and strong market share despite a very challenging macroeconomic environment. According to the bank's unaudited third quarter financial results presented …
Polaris Bank wins Nigeria's Best Digital Bank of the Year Award, third time in a row ... scoops 'Best MSME Bank Of The Year' prize also Lagos, Nigeria: October 30, 2023: Polaris Bank shone brightest over the weekend as its bespoke home-grown digital bank, VULTe won for the third time, Nigeria's 'Best Digital Bank of the Year' prize at the prestigious BusinessDAY’s Banks And Other Financial Institutions (BAFI) Awards. *Photo Caption:* L-R: Nduneche Ezurike, Group Head, Brand Mngt & Corporate Communication; Bukol…
Fidelity Bank wins Export Finance Bank of the Year award at 2023 BusinessDay BAFI Awards L – R: Executive Director/Chief Risk Officer, Fidelity Bank Plc, Mr. Kevin Ugwuoke; Group Chief Executive Officer, Emerging Africa Group, Mrs. Toyin Sanni; and Executive Director, Lagos and South West Business, Fidelity Bank Plc, Dr Ken Opara at the BusinessDay and Other Financial Institutions’(BAFI) Awards 2023 where Fidelity Bank received the award of the “Export Finance Bank of the Year” over the weekend. 31 October 2023 - Lagos, Nigeria- Fidelity …
Oba Akiolu A Blessing to Nigeria, Obasa Says - Speaker congratulates monarch on 80th birthday - says Akiolu's reign has brought peace to Lagos State The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has described Oba Rilwanu Akiolu as a blessing to Lagos adding that at 80, the revered monarch had contributed immensely to the progress of the state. Dr. Obasa, the Baa'sofin of Lagos, said this in a congratulatory statement to mark the traditional ruler's 80th birthday on Sunday. Praising Oba Akiolu for…
City of Houston, Texas, USA proclaims October 25 as FITCC Day In recognition of Fidelity Bank Plc’s commitment to fostering bilateral trade and economic development between the city of Houston, Texas and Nigeria, the City of Houston has designated October 25 as “Fidelity International Trade and Creative Connect Day”. Mayor Sylvester Turner of Houston officially declared the special day in a statement released from Houston, Texas, on Thursday, 26 October 2023. The proclamation reads in part, “Whereas, The Fidelity International Trade and Cre…
We"ll continue to promote Yoruba culture through Inter-schools quiz- Dr. Faniyi Fashola Owode Grammar School Owode, Ota scored a total of 50 points to emerge winners of this year's interschool Yoruba Quiz Competition while 2nd and 3rd position go to Iju ebiye grammar school and Atan commercial School respectively. The founder, Araba of Ota, Dr. Oluwo Fashola made this declaration at the event organised by the Ancestral Pride Foundation ( APF) in collaboration with the 'Egbe Akomolede Ati Asa Yoruba', a sociocultural gr…
‘ She died in her sleep, I only wanted to get rid of the body’ – UNIPORT student denies killing girlfriend A 24-year-old student of the University of Port Harcourt, UNIPORT, Damian Okoligwe, who allegedly killed his 20-year-old girlfriend, Justina Otuene, has denied having a hand in the deceased’s death. Okoligwe denied the allegation during an interview with journalists at the Command Headquarters of the Rivers State Police Command, Moscow Road, Port Harcourt. The suspect who said he was sick when the deceased visited his home, claimed he …
Gunmen shoot Rivers Bolt driver, snatch car, victim hospitalised Gunmen suspected to be car snatchers have shot an E-hailing car driver and reportedly snatched his vehicle at the Rumuokalabo area of Port Harcourt, the Rivers State capital. This came barely 48 hours after the state Commissioner of Police, Emeka Nwonyi, paraded five suspected car snatchers arrested in different parts of the state, some of whom dispossessed Bolt drivers of their vehicles. An eyewitness said he was walking towards the D/Line area of the metropolis and suddenly…
Labour continues strike deadlines, economic hardships deal workers deepening blows Deborah Tolu-Kolawole Kindly share this story: As the economic crisis bites harder, workers under the aegis of the Nigeria Labour Congress and the Trade Union Congress, are waiting for the Federal Government to take concrete actions on the Memorandum of Understanding it signed with labour leaders, DEBORAH TOLU-KOLAWOLE writes These are not the best of times for Nigerians, including workers with the inflation going up and eroding their purchasing power. The Fede…
N’Assembly to probe lawyers, others behind $11bn P&ID scandal The House of Representatives, on Wednesday, resolved to investigate legal and other service providers involved in the case between Nigeria and foreign firm, Process and Industrial Development Limited. Following a botched gas project, P&ID had dragged Nigeria to arbitration and won an $11bn award against the country. The Federal Government, however, appealed on the basis that the ill-fated gas processing contract was obtained through a fraudulent process. In a verdict on Mon…
Fidelity Bank boosts Nigeria’s Non-oil Exports with FITCC Houston … Signs $40million deal with AFREXIM Bank and JohnVents Industries for cocoa export The much-anticipated second edition of the Fidelity International Trade and Creative Connect (FITCC) got off to a boisterous start on Tuesday, 24 October 2023 as leading financial institution -Fidelity Bank Plc -hosted a broad range of businesses, regulators, members of the diplomatic corps and other guests to the opening ceremony in Houston, Texas, United States of America. Tagged FITCC Hous…
GTCO Plc Releases Q3 2023 Unaudited Results …….. Reports Profit Before Tax of ₦433.2billion Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Unaudited Consolidated and Separate Financial Statements for the period ended September 30, 2023, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦433.2billion, representing an increase of 155.2% over ₦169.7billion recorded in the corresponding period ended September 2022. The Group’s loan book (net) grew by 17.7% f…
We Are Proud Of Dangote – President Tinubu The Dangote Group on Sunday, October 22nd, 2023 received a significant accolade from President Bola Ahmed Tinubu, who expressed Government’s position over the company’s numerous strides in Nigeria and across Africa. L-R: Consultant, ECOWAS Common Investment Market, Prof. Jonathan Aremu; Executive Secretary/CEO, Nigerian Investment Promotion Council, Aisha Rimi (who represented the Minister of Trade and Investment); Group Managing Director, Dangote Industries Limited, Olakunle Alake; former Mini…
Stanbic IBTC Bank's Reward4Saving 3.0 Promo: 70 lucky customers win exciting cash prizes in the maiden draw Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has rewarded 70 customers with cash prizes in the maiden draw of its Reward4Saving 3.0 Promo. The first draw of this season, which took place at the Stanbic IBTC Head Office in Walter Carrington Crescent, Victoria Island, Lagos, saw new and existing customers from seven regions win cash prizes of ₦100,000 each for meeting the savings milestone. Stanbic IBTC Bank aims to m…
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