Tiwa Savage: Olamide declined feature after writing 49-99 Tiwa Savage has revealed how rap star and record label executive, Olamide declined a feature after writing her 2019 single, 49-99. Savage made this known during a chat with Ayo Shonaiya for a documentary on Afrobeats entitled Afrobeats the Backstory. The 42-year-old singer and mother of one revealed that the song was written by Olamide and when she asked him to feature on it, he declined to say he wrote and composed the song for her not for him to feature or perform it. Savage also reve…
Buhari’s senior aide rallies support for Tinubu Mallam Ya’u Darazo, Senior Special Assistant to President Muhammadu Buhari on Special Duties, has urged Nigerians, especially members of the All Progressives Congress(APC), to ignore the malicious attempt by opponents of Asiwaju Bola Tinubu to misrepresent what he told party leaders and delegates in Abeokuta, Ogun State on Thursday. Darazo, in a statement he signed in his personal capacity as supporter of the presidential ambition of Tinubu, noted the distortion of what the frontline presidential…
Stanbic IBTC Holdings links earnings rise to loans growth Chief Executive, Stanbic IBTC Holdings, Demola Sogunle has linked the bank’s uptick in earnings in the 2021 financial year to increased loan volumes and assets growth. Speaking during the bank’s 10th Annual General Meeting (AGM) in Lagos, the bank chief said: “We attained a record high of N946.3 billion (N665.3 billion in December 2020) on our gross loans, as we prudently grew loan volumes by 44 per cent. This further stabilised our earning capabilities for the foreseeable future, as we…
*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 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 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 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 …
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