Prove Datti Corrupt, I’ll Renounce My Ambition ― Obi The Presidential candidate of the Labour Party (LP), Peter Obi has vowed to drop his ambition for the presidency of Nigeria if anyone can prove that he or his running-mate, Datti Baba-Ahmed have corruptly gained from the government of Nigeria either at the federal or subnational level. Peter Obi, on Monday, said this while fielding questions at the Chatham House, London, United Kingdom. According to him, the challenges of health and power in Nigeria would be dealt with, within his administra…
Zenith Bank Rakes In N34.5billion After Market Capitalization Appreciates To N802.1billion Zenith Bank Plc has gained N34.5 billion w-o-w after its market capitalization appreciated to N802.1 billion from N767.6 billion at the end of the week. Analysts argued that the appreciation could be as a result of the 1.9% increase in its share price from N24.45 to N25.55. Town Crier News Nigeria reports that the bank’s Q3 2022 financial result for the period that ended September revealed that interest income for the period grew by 24.7% to N215.8…
Wema Bank stocks Best Performing Financial Stocks in 2022 - Report Wema Bank Plc's stocks emerged as the best-performing financial stocks on the Nigerian Exchange during the 2022 financial year. In a report titled "The Best Performing Stocks in Nigeria in 2022," Nairametrics compiled and analyzed the best-performing stocks in 2022, comparing their share prices as of December 31st, 2021, and December 30th, 2022. The analysis considered all 159 publicly listed companies during the period. According to the report, Wema Bank’s sh…
Fake News! Dangote denies story of refinery commissioning in January
Sterling One Foundation Wins Big at the ECOSEA 2022 Awards The Foundation became the pioneer winner of the ECOSEA Award for Most Outstanding Foundation in Environmental Sustainability. The Environmental Sustainability Conference, Expo, and Awards (ECOSEA) hosted by Brand Communicator, a leading brand and marketing publication, and Impact Report Africa, a fast-rising CSR, and Sustainability platform recognized the Sterling One Foundation for its strides in combating climate change in Nigeria with the Most Outstanding Foundation in Environ…
ADEDUNTAN URGES BANKS TO IMPROVE LOAN MONITORING TO PREVENT NPLS’ BUILD-UP Managing Director/Chief Executive Officer of FirstBank, Dr. Adesola Adeduntan, has advised financial institutions in the country to be vigilant and improve the monitoring of their customers’ loans in order to prevent the build-up of non-performing loans (NPLs) in the industry as a result of the macroeconomic challenges. Speaking in an exclusive interview with THISDAY, Adeduntan also urged businesses and their bankers to approach the new year in a collaborative r…
2023 Polls: INEC Chairman Meets Leadership Of APC, PDP, LP Others In Abuja Prof Mahmood Yakubu, the Chairman of the Independent National Electoral Commission, INEC, has met with party leaders. He held a meeting with the leadership of the 18 political parties at the commission’s headquarters in Abuja. The meeting, the first this year, is intended to present the 2023 voter register to the parties ahead of the elections as required by the 2022 Electoral Act. In attendance at the meeting were leaders of the All Progressives Congress, the Peoples D…
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