*FirstBank - Reaping the Benefits of a Solid Legacy*
*FirstBank - Reaping the Benefits of a Solid Legacy* FirstBank delighted investors with a pleasant surprise when it announced stellar results confirming that its turnaround strategy pinned on the pillars of innovation, resilience and digging deep is working. Its profit after tax spiked 108% to N32.4billion on the back of massive loan recoveries and a sharply lower level of non-performing loans (6.1%). Its capital adequacy ratio (CAR) increased to 17.4%, giving it the much-needed buffers required to withstand financial shocks and turbule…
Access Bank Reiterates Funding For SMEs…
Access Bank Reiterates Funding For SMEs… Access Bank Nigeria’s top financial lender, Access Bank, has pledged to fund entrepreneurs and create market access for small businesses by putting them in the right community. Speaking during a conversation with customers in the micro-, small- and medium-scale category, Deputy Managing Director, Access Bank, Victor Etuokwu, said the bank remained resolute in its drive to engage and empower MSMEs by providing access to funds, markets and knowledge, noting that these objectives were at the heart of t…
2023: APC group asks court to disqualify Tinubu
2023: APC group asks court to disqualify Tinubu Gaskiya Youth Movement, a youth group that says it is a member of the ruling All Progressives Congress (APC), has asked the Federal High Court in Abuja to disqualify Bola Tinubu, one of the party’s presidential aspirants. Umar Iliyasu, Suleiman Baba and Abubakar Adamu, on behalf of the group, filed a suit on June 2 with the APC, Mr Tinubu and the Independent National Electoral Commission (INEC) as the 1st, 2nd and 3rd defendants, respectively. Mr Iliyasu, who claims to be APC member in Bichi Loca…
Union Bank completes sale to Titan Trust Bank •Excludes UBUK from deal
Union Bank completes sale to Titan Trust Bank •Excludes UBUK from deal Union Bank of Nigeria (UBN) Plc yesterday, announced it has completed the transfer of its 93.41 per cent share capital to Titan Trust Bank (TTB). This comes as it also revealed it has completed the divestment of the bank’s entire shareholding interest (direct and indirect) in its subsidiary, Union Bank (UK) Plc (UBUK), to all the shareholders on the Company’s records as of March 4, 2022, pro rata to their existing shareholding interests in the Company, noting that UBUK was …
Excitement as Buhari Moves to Endorse Osinbajo
Excitement as Buhari Moves to Endorse Osinbajo Muhammadu Buhari’s allusion to his ‘preferred’ successor may be a pointer to Vice President Yemi Osinbajo President Muhammadu Buhari has given the clearest indication yet that he intends to endorse Vice President Yemi Osinbajo as his successor during the National Convention. The President spoke at a meeting with the 22 APC governors this afternoon at the State House, just before he travelled to Spain on official visit. APC’s National Chairman, Senator Adamu Abdullai, was also at the meeting. Buhar…
Buhari to Attend ECOWAS Extra-Ordinary Summit In Accra
Buhari to Attend ECOWAS Extra-Ordinary Summit In Accra *Meeting to review political situation in Mali, Guinea, Burkina Faso President Muhammadu Buhari leaves Abuja Saturday to attend an Extraordinary Summit of the ECOWAS Authority of Heads of State and Government on the political situation in Mali and other parts of the sub-region in Accra, Ghana. According to a release issued by Media Adviser to the President, Femi Adesina, the Summit which will hold at the Presidential Palace, Accra, also known as the Jubilee House, is expected to review p…
2023: Tinubu most prepared presidential aspirant, says SWAGA 6
2023: Tinubu most prepared presidential aspirant, says SWAGA 6 The South-West Agenda for Asiwaju Tinubu (SWAGA 6) on Saturday described Asiwaju Bola Ahmed Tinubu, as the most prepared presidential aspirant of the All Progressives Congress (APC) for 2023. The SWAGA 6 made this assertion at a press conference shortly before a solidarity walk in support of Tinubu’s ambition around major streets in Maitama, Wuse 2 and other parts of Abuja. National Publicity Secretary, of SWAGA 6, Comrade Babajide Akinbohun, described Tinubu as an enigma that need…
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