Eko Disco MD Sanda Celebrates Two Years Of Outstanding Achievements, Says “When They Go Low, We Go High”
Eko Disco MD Sanda Celebrates Two Years Of Outstanding Achievements, Says “When Go Low, We Go High” The Managing Director of Eko Electricity Distribution Company (EKEDC) Plc, Dr, Tinuade Sanda, has reeled out her outstanding achievements as she clocks two years in her position on March 30, 2024. Put between conflicting interests of Shareholders, THEWILL recalls the recent controversy surrounding Sanda’s position as MD at Eko Disco. But Sanda, who remains defiant in her position as she looks forward to March 30th to mark her two years as the MD…
Access Holdings Announces US$1.5 Billion Capital Raising Programme
Access Holdings Announces US$1.5 Billion Capital Raising Programme ... Targets N365 billion by way of a Rights Issue as subset of Programme Lagos, Nigeria – March 28, 2024: Access Holdings Plc, one of Africa’s leading financial groups, has unveiled plans to establish a Capital Raising Programme of up to US$1,500,000,000.00 (One Billion, Five Hundred Million United States Dollars) or its equivalent (‘the Programme’). The Programme aims to enhance the Group's financial strength through the issuance of various financial instruments such…
Access Holdings Reports Strong FY2023 Financial Performance, Grows PBT by 335%, Earnings to N2.59 Trillion
Access Holdings Reports Strong FY2023 Financial Performance, Grows PBT by 335%, Earnings to N2.59 Trillion Access Holdings Plc (“The Group”) has announced its audited Consolidated and Separate Financial Statements for the year ended December 31, 2023. In the year under review, the Group recorded a robust growth in its Profits Before Tax, posting a healthy N729 billion, representing 335% year-on-year (YoY) increase from 2022. Access Holdings’ Gross Earnings also surged by 87% YoY to N2.59 trillion, up from N1.38 trillion in 2022. This rema…
Tinubu @72: Photos As Lagos Lawmakers Honour Nigeria's President
Tinubu @72: Photos As Lagos Lawmakers Honour Nigeria's President Lawmakers at the Lagos State House of Assembly took turns to speak glowingly of President Bola Ahmed Tinubu on Thursday as he marks his 72nd birthday on Friday. The lawmakers commended the President for deciding on no-celebration of his birthday in consideration of the mood of the nation as, according to them, this was the mark of true leadership. However, the lawmakers said it was important to celebrate the President's achievements while he was governor of Lagos and h…
Palliatives: Dangote donates 80,000 bags of rice to Lagos residents
Palliatives: Dangote donates 80,000 bags of rice to Lagos residents … Sanwo-Olu says Dangote prioritize Nigerians’ welfare above profit The Aliko Dangote Foundation, (ADF) has flagged off the distribution of 80,000 10kg bags of rice to the vulnerable in Lagos State. President of Dangote Group and Chairman of the foundation, Aliko Dangote, noted that the gesture is part of the over one million 10kg bags of rice that would be distributed to reach one million vulnerable people in the 774 local government areas of the country. Speaking at the…
Access Holdings Profit Surges 300% to N612.49bn in Wigwe’s Final Act
Access Holdings Profit Surges 300% to N612.49bn in Wigwe’s Final Act Access Holding’s a tier-one Nigerian lender reported a massive 300% surge in after-tax profit to N612.49 billion in its Full Year 2023 results, the last period for which late CEO, Herbert Wigwe was at the helms. Access saw growth at both net interest incomes of N555.8 billion and net fee income of N207.7 billion revenue lines while Fair value gains on non-hedging derivatives, equity investments and Fixed income securities brought in a further N512.3 billion. Earnings Per S…
He showed his true colour after we won election for him’ – Wike slams Fubara
‘He showed his true colour after we won election for him’ – Wike slams Fubara Former Governor of Rivers State and current Minister of the Federal Capital Territory, FCT, Nyesom Wike, has again expressed regret for helping Siminalayi Fubara to become the governor of the oil-rich state. Wike, while addressing a crowd of supporters, in Port Harcourt over the weekend, said the governor displayed a high level of pretence and deceived him [Wike] to work towards him becoming the governor. Wike has been at daggers-drawn with his successor, Governor…
Four burglars caught in Ogun
Four burglars caught in Ogun Operatives of Ogun Community Security Social Orientation and Safety Corps,(So-Safe Corps) have arrested four men suspected of stealing valuable items from a residential apartment in Ado-Odo/Ota Local Government Area of the State. So-Safe announced this in a press statement issued from the office of the State Commander of the Corps, Commander (Dr) Soji Ganzallo, through the Office of the Director of Information and Public Relations of the Corps, Assistant Commander Moruf Yusuf on Tuesday. According to the state…
BREAKING: Chinese who killed lover in Kano sentenced to death
BREAKING: Chinese who killed lover in Kano sentenced to death Justice Sanusi Ado Ma’aji of Kano State High Court sitting at Miller Road, Bompai, has found Quandong Geng, a Chinese national, guilty of killing his girlfriend, Ummulkusum Sani Buhari (Ummita). Geng had invaded the residence of Ummita in September 2022 and stabbed her to death during an argument. He had fled the scene but was subsequently arrested by the police and arraigned. During cross examination in court, he had said Ummita broke his heart by getting married to another per…
Navigating Uncertainty: The Enduring Value of Out-of-Home (OOH) Advertising in Challenging Times
Navigating Uncertainty: The Enduring Value of Out-of-Home (OOH) Advertising in Challenging Times By: Philip Odiakose In an era marked by economic volatility and shifting consumer behaviors, businesses are grappling with tough decisions regarding their advertising budgets. As a Media Analyst, I have witnessed firsthand the cyclical nature of economic downturns and their impact on marketing strategies. Amidst the uncertainty, one form of advertising continues to stand resilient: Out-of-Home (OOH) advertising. In this article, I explore why…
Tony Elumelu Foundation Announces 10th Cohort of Entrepreneurship Programme – 20,000 Entrepreneurs Funded Across Africa
Tony Elumelu Foundation Announces 10th Cohort of Entrepreneurship Programme – 20,000 Entrepreneurs Funded Across Africa • 10th Cohort of the Tony Elumelu Foundation Entrepreneurship Programme Announced •Over 50 business sectors from farming to technology represented. •20,000 entrepreneurs from 54 countries across Africa funded in 10 years – doubling original target. Lagos, Nigeria – March 22, 2024 – The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs from all 54 African countries, has announc…
Access Bank to boost financial inclusion with offline platform
Access Bank to boost financial inclusion with offline platform Access Bank Plc unveiled an offline banking platform, 901.ng on Friday, to provide customers with an additional channel to carry out their transactions and boost financial inclusion in the country. Financial inclusion in Nigeria has increased to 74 per cent in 2023, up from 68 per cent in 2020. The Central Bank of Nigeria has set a target of hitting 95 per cent in 2024. The idea was launched in collaboration with RemitPlus, which has been championing offline banking in the coun…
Coronation Group, Access Holdings Plc, Safaricom and M-PESA Africa Partner to Explore Remittances
Coronation Group, Access Holdings Plc, Safaricom and M-PESA Africa Partner to Explore Remittances Lagos, Nigeria and Nairobi, Kenya – 25 March 2024: A transformative collaboration aimed at broadening access to remittances across Africa has been forged among Coronation Group, Access Holdings Plc, Safaricom Plc and M-PESA Africa (the parties) as the parties come together in a strategic alliance dedicated to propelling financial inclusion and nurturing economic prosperity for millions across the continent. The parties aim to explore solutio…
Many feared killed in Plateau communnal clash
Many feared killed in Plateau communnal clash Several people have been reportedly killed in a clash between rival youths in the Mikang Local Government Area of Plateau State. It was learnt that many people were also injured during the clash said to have started on Saturday night between Taroh and Motola youths in the locality and lasted till the early hours of Sunday . The state Commissioner for Information , Musa Ashoms, confirmed the development to The PUNCH in Jos on Sunday . The commissioner, who blamed the situation on disputed land in …
Hunger: Dangote spends N15bn on food intervention programme across Nigeria
Hunger: Dangote spends N15bn on food intervention programme across Nigeria … Disburses 120,000 bags of rice In Kano …We’ll continue on this Path, Says Fatima Aliko Dangote President of Dangote Group, Aliko Dangote, launched his food intervention programme in Kano, On Saturday, The food intervention programme, which will cost his foundation, (Aliko Dangote Foundation ADF), close to N15 billion, started with the distribution of over one million bags of 10kg bags across the 774 local government areas of the 36 states and FCT in Nigeria. Speak…
We own Labour Party – NLC tackles Abure
We own Labour Party – NLC tackles Abure The Nigeria Labour Congress, NLC, Political Commission, has described the Labour Party, LP, National Chairman, Julius Abure, as a “drowning wannabe politricstar.” NLC said Abure has lost the confidence of most of the critical stakeholders in the party. The body re-empahsized that the Labour Party belongs to the NLC, while stressing that Abure violated a court order on the ownership of the party. This was contained in a statement signed by Comrade Titus Amba, Chairperson, NLC Political Commission, and Co…
The Aig-Imoukhuede Foundation Celebrates Graduation Of Third Cohort Of Public Servants From AIG Public Leaders Programme
The Aig-Imoukhuede Foundation Celebrates Graduation Of Third Cohort Of Public Servants From AIG Public Leaders Programme The Aig-Imoukhuede Foundation has announced the graduation of the AIG Public Leaders Programme (PLP) Class of 2023 at its closing ceremony on the March 20, 2024, in Abuja. This event marked the culmination of six months of intensive training for 68 public servants conducted by the faculty of the Blavatnik School of Government, University of Oxford. Throughout the programme, all participants underwent rigorous training, c…
Announcing The 2024 GTCO Food And Drink Festival: A Celebration Of Authentic Flavours…
Announcing The 2024 GTCO Food And Drink Festival: A Celebration Of Authentic Flavours… GTCO Food and Drink Festival The countdown has begun to the 7th edition of the most anticipated culinary festival in Africa and Guaranty Trust Holding Company Plc (GTCO) is excited to announce dates for the 2024 GTCO Food and Drink Festival, set to take place from Friday, April 26th to Sunday, April 28th, at GTCentre, Plot 1 Water Corporation Drive, Oniru, Victoria Island, Lagos. The GTCO Food and Drink Festival is widely recognised as the continent’s big…
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