Dangote Cement, FBNHoldings, others Lift Equity Market by N53bn
Dangote Cement, FBNHoldings, others Lift Equity Market by N53bn The equity market rebounded on Thursday from its previous session’s loss, gaining N53 billion. Investor interest in key stocks such as Dangote Cement, FBN Holdings, Guaranty Trust Holding Company, GTCO, and Fidelity Bank, alongside other advancing equities, contributed to the market’s positive performance. The market capitalisation increased by N53 billion, or 0.09 per cent rising from N62.257 trillion at the opening to N62.310 trillion at the close. Similarly, the All-Share Index…
JMG Limited Brings Succor to Less-Privileged, Donates Food Items to Orphanages
JMG Limited Brings Succor to Less-Privileged, Donates Food Items to Orphanages JMG Limited, a leading provider of electro-mechanical solutions in Nigeria, recently extended its act of kindness to children in orphanages in Lagos by donating food items and supplies to them as part of its corporate social responsibility (CSR) initiative. JMG staff members at the donation of food items and other essentials to officials of Compassionate Orphanage The foremost company with efficient and reliable solutions for homes and businesses demonstrated that g…
Nigeria's Telecommunications Sector Poised for Innovation and Growth
Nigeria's Telecommunications Sector Poised for Innovation and Growth From Left: Executive Vice Chairman/CEO, Federal Competition and Consumer Protection Commission, Dr. Tunji Bello and Executive Vice Chairman/CEO, Nigerian Communications Commission, Dr. Aminu Maida, during the Memorandum of Understanding (MoU) signing ceremony between the two regulatory agencies for increased telecom consumer protection in Abuja on Tuesday, January 14, 2025. A landmark partnership is set to revolutionize Nigeria's telecommunications sector, drivi…
FIRSTBANK CLARIFIES MISLEADING REPORTS, REASSURES CUSTOMERS OF GOLD STANDARD BANKING SERVICES
FIRSTBANK CLARIFIES MISLEADING REPORTS, REASSURES CUSTOMERS OF GOLD STANDARD BANKING SERVICES Our attention has been drawn to recent media reports regarding a commercial transaction between First Bank of Nigeria Limited (FirstBank) and General Hydrocarbons Limited (GHL) that is currently a subject of litigation. As a responsible and law-abiding corporate citizen of Nigeria with utmost respect for the courts, FirstBank will not be able to offer comments on issues which are pending for determination by the courts, as such issues are sub-judice. …
DG Nigeria-China Strategic Partnership, Joseph Tegbe Visits China To Deepen Economic Cooperation and Sustainable Development.
DG Nigeria-China Strategic Partnership, Joseph Tegbe Visits China To Deepen Economic Cooperation and Sustainable Development. The Director-General of the Nigeria-China Strategic Partnership (NCSP), Mr Joseph Tegbe, is currently visiting China to bolster China-Nigeria relations and foster economic and sustainable development between both countries,in line with President Bola Ahmed Tinubu's renewed Hope agenda. The Partnership DG, with the Nigerian delegation, on Monday was at the headquarters of the National Development and Reform Commissi…
Stanbic IBTC Pension Managers re-introduces self-service channels, an innovative way for customers to serve themselves
Stanbic IBTC Pension Managers re-introduces self-service channels, an innovative way for customers to serve themselves Stanbic IBTC Pension Managers, a leading pension fund administration firm in Nigeria and a subsidiary of Stanbic IBTC Holdings PLC, has reaffirmed its commitment to enhancing customer experience by providing innovative solutions through the self-service channels. This is to ensure that customers get the support they need quickly. These self-service options aim to streamline processes and provide easy access to pension manageme…
NGX weekly: Investors gain N1.137trn as Wema, FBN, Universal lead
NGX weekly: Investors gain N1.137trn as Wema, FBN, Universal lead The Nigerian Exchange Ltd. (NGX) All-Share Index and Market Capitalisation appreciated by 1.80 per cent each, to close the week at 105,451.06 and N64.303 trillion respectively. Theses are against 103,586.33 and 63.166 trillion posted last week. Consequently, equity investors gained a total of N1.137 trillion for the week under review. Similarly, all other indices finished higher with the exception of NGX Insurance, NGX AFR Bank Value, NGX AFR Div Yield, NGX MERI Value, NGX Consu…
EXPANDING FOOTPRINT - NIGERIA’S FIRSTBANK SETS SIGHTS ON ETHIOPIA, ANGOLA, CAMEROON
EXPANDING FOOTPRINT - NIGERIA’S FIRSTBANK SETS SIGHTS ON ETHIOPIA, ANGOLA, CAMEROON Building on its long-standing presence in sub-Saharan Africa, First Bank of Nigeria Limited is gearing up for its next growth phase as financial systems across the continent open up to new opportunities. More than a decade after an acquisition spree that boosted its footprint in sub-Saharan Africa, First Bank of Nigeria Limited is looking to expand into several other countries, including Ethiopia, Angola and Cameroon. “There are a number of large economies with…
Fidelity Bank Supports Improved Maternal Health in Lagos
Fidelity Bank Supports Improved Maternal Health in Lagos Leading Financial Institution, Fidelity Bank Plc, has donated maternity kits to 30 pregnant women at Mushin Primary Health Centre (PHC), Lagos. The donation, organized by the Great Minds Inductees Class, was made possible through the Fidelity Helping Hands Program (FHHP), a Corporate Social Responsibility (CSR) initiative by Fidelity Bank Plc aimed at promoting staff involvement in community development. Through the FHHP, staff across the bank's business locations identify projects t…
GTCO PLC Announces Successful Completion of the 1st Phase of Its Equity Capital Raise Programme; Raises ₦209 Billion
GTCO PLC Announces Successful Completion of the 1st Phase of Its Equity Capital Raise Programme; Raises ₦209 Billion [Lagos, Nigeria – January 6, 2025] Guaranty Trust Holding Company Plc (“GTCO Plc” or the “Group”) (NGX: GTCO) is pleased to announce the successful completion of the first tranche of its equity capital raise programme, following the completion of the capital verification exercise conducted by the Central Bank of Nigeria (CBN) and the approval of the Basis of Allotment of the Offer by the Securities and Exchange Commission (SEC).…
2025 PR Monitoring & Measurement Outlook: Local and Global Perspectives
2025 PR Monitoring & Measurement Outlook: Local and Global Perspectives Welcome to my first LinkedIn Newsletter in 2025, where I share insights as a public relations measurement professional with more than a decade of experience shaping conversations in Nigeria and globally. As we step into 2025, the world of PR monitoring and measurement is undergoing a significant transformation. This year, we anticipate trends that will reshape how brands, PR agencies, and independent measurement consultancies collaborate, ensuring transparency, unbiase…
Pernod Ricard Nigeria Celebrates the Yuletide Season with Consumers in the Spirit of Conviviality
Pernod Ricard Nigeria Celebrates the Yuletide Season with Consumers in the Spirit of Conviviality Pernod Ricard Nigeria, a proud member of the Pernod Ricard Group and a global leader in the spirits and wine industry, extends warm greetings to our esteemed consumers, partners, and stakeholders across the nation this festive season. This joyous message follows the exciting launch of Maison Martell, an innovative experiential tower, Jameson Yard, the first-ever creative hub for Jameson Irish whiskey. Both venues, located in prime areas of Lagos, …
Fidelity Bank Launches “Bundles of Joy” Initiative to Support Children with Special Needs and Their Families
Fidelity Bank Launches “Bundles of Joy” Initiative to Support Children with Special Needs and Their Families As part of its commitment to fostering inclusivity, Fidelity Bank Plc has inaugurated the Bundles of Joy programme, a groundbreaking initiative aimed at creating supportive spaces and activities for children with special needs while addressing the psychological and emotional well-being of their parents and caregivers. The first session of the programme was held over the weekend at a dedicated facility in Lekki, Lagos. Dr. Meksley Nwagbo…
Telecom Consumers to Gain from Tariff Update as Airtel Nigeria Prioritizes Enhanced Services
Telecom Consumers to Gain from Tariff Update as Airtel Nigeria Prioritizes Enhanced Services [Lagos, Nigeria – January 2, 2025] – As conversations intensify around tariff adjustments in Nigeria’s telecommunications sector, Airtel Nigeria CEO Dinesh Balsingh has reaffirmed the telecom giant’s commitment to delivering superior connectivity and fostering digital inclusion. In response to the economic realities of rising operational and capital costs, Balsingh noted that the proposed tariff adjustments aim to ensure the long-term sustainability of…
Winning the Premier League title is more important than personal accolades , says LFC's Mohamed Salah.
Winning the Premier League title is more important than personal accolades , says LFC's Mohamed Salah. Anfield will be the epicentre of the Premier League this weekend as Liverpool clash with arch-rivals Manchester United in a titanic showdown. Ahead of the game on Sunday, which will be shown live on Showmax Premier League at 18:30, Showmax caught up with the man of the moment, Liverpool attacker Mohamed Salah, to chat about his incredible season so far. Salah is currently the Premier Leagues top scorer (17), and has the most assists (1…
King Dokubo-Asari sends New year Goodwill message to Kalabaris worldwide: Urges Elites to come home To invest and youths to shun cultism and violence
King Dokubo-Asari sends New year Goodwill message to Kalabaris worldwide Urges Elites to come home To invest and youths to shun cultism and violence Da-Amakiri Tubo, Alhaji Mujahid Abubakr Dokubo-Asari, Amanyanabo of The Source (Elem Kalabari), Dabaye Amakiri 1, has issued a heartfelt new year goodwill message to monarchs, chiefs, elites, and the masses of the Kalabari kingdom and kalabaris in the diaspora. In his new year message, he emphasizes the importance of unity and peaceful coexistence among brethren in all Kalabari communities, stres…
Polaris Bank, Partners support 16,000 Students to reduce Out-of-School Children in Nigeria
Polaris Bank, Partners support 16,000 Students to reduce Out-of-School Children in Nigeria … Distributes school essentials to 1,000 students across 10 public schools in 5 states Lagos, Nigeria- December 30, 2024: Polaris Bank, in partnership with key stakeholders, has reaffirmed its commitment to combating the alarming rate of out-of-school children in Nigeria. Through its targeted interventions, the Bank has ensured continuous education for over 15,000 students, providing them with the opportunity to learn, thrive, and contribute to a b…
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FCMB Group Plc Announces Successful Completion of its Public Offer, raises ₦147.5 billion with 33%
FCMB Group Plc Announces Successful Completion of its Public Offer, raises ₦147.5 billion with 33% FCMB Group Plc (“FCMB Group” or the “Group”), a leading financial services group, is pleased to announce the successful completion of its public offer, following the approvals of the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC).The offer was oversubscribed by 33%, attracting 42,800 investors with 92% subscribing via more convenient digital channels such as the bank’s mobile app and ushering in over 39,000 new inv…
Stanbic IBTC Bank partners with Carloha to offer exclusive 6 percent discount on Chery Vehicles
Stanbic IBTC Bank partners with Carloha to offer exclusive 6 percent discount on Chery Vehicles Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has announced a strategic partnership with Carloha, a reputable auto showroom specialising in the retail sale and after service of Chery brand of vehicles. The official agreement was signed on Wednesday, 18 December 2024, marking a significant milestone for both organisations. This collaboration is set to provide exceptional value to customers looking to purchase quality vehicles. With th…
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