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As Fidelity Bank Remains Investors’ Toast*
*As Fidelity Bank Remains Investors’ Toast* In an increasingly uncertain macroeconomic environment, Fidelity Bank Plc has remained appealing in the banking sector. This is evident in its full year 2022 financial results which showed a better-than-expected performance amid the headwinds in the economy. Specifically, in the full year 2022 results, Fidelity Bank’s gross earnings increased to N337,050 billion as of December 31, 2022, significantly higher than the N250,776 billion recorded at the end of 2021. Also, Fidelity Bank’s Net Interest I…
Sudan: Dangote steps in, partners FG, Air Peace on re-settling evacuated Nigerians
Sudan: Dangote steps in, partners FG, Air Peace on re-settling evacuated Nigerians The Board of Trustees of the Aliko Dangote Foundation has resolved to be fully involved in the evacuation and resettling of thousands of Nigerians that are stranded in Sudan. Managing Director and Chief Executive Officer of Aliko Dangote Foundation (ADF), Zouera Youssoufou has been in contact with the Management of Air Peace and the Federal Government to indicate the Foundation’s readiness to support the stranded Nigerians. She said: “The Foundation will co…
Wema Bank Celebrates 78th anniversary, ALAT at six
Wema Bank Celebrates 78th anniversary, ALAT at six Lagos, Nigeria - Wema Bank, a leading Nigerian financial institution renowned for its innovative banking solutions and Africa's first fully digital bank, is set to commemorate its 78th and 6th anniversary with a bang. The week-long celebration, which commences on May 1st, 2023, promises an array of exhilarating activities and competitions open to its employees, clients, and the public. Kicking off the anniversary week is the virtual launch of ALAT Alumni, a platform for former Knights …
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Fidelity Bank: Strengthening the footprint of growth … with impressive FY’22 financials
Fidelity Bank: Strengthening the footprint of growth … with impressive FY’22 financials Fidelity Bank Plc has released its audited financial statements (AFS) for the year ended December 31, 2022 which showed the bank’s impressive growth across key top-to-bottom line figures. The full year 2022 scorecard The bank’s financial results released to the investing public at the Nigeria Exchange Limited (NGX) show its full year (FY) 2022 gross earnings printed higher at N337.050billion, representing 34.4percent increase against N250.776billion reco…
ZENITH BANK ACHIEVES REMARKABLE 41% GROWTH IN GROSS EARNINGS IN Q1 2023
ZENITH BANK ACHIEVES REMARKABLE 41% GROWTH IN GROSS EARNINGS IN Q1 2023 Zenith Bank Plc has announced its unaudited results for the first quarter ending 31st March 2023, with an exceptional double-digit growth of 41% in Gross Earnings, increasing from ₦191.5 billion in Q1 2022 to ₦270 billion in Q1 2023. The unaudited statement of account submitted to the Nigerian Exchange (NGX) on Friday, 28th April 2023, indicated that the significant double-digit growth in the topline also boosted the bottom line, with the Group experiencing an impressi…
Nestlé Nigeria Celebrates 3rd batch of Graduates from her Abaji Technical Training Center
Nestlé Nigeria Celebrates 3rd batch of Graduates from her Abaji Technical Training Center Picture TTC Abaji 2023 B – The graduating students. TTC Abaji – (L -R) Ayodele Ayeokere, Factory Manager, Nestlé Abaji Factory, Fridah Muchina, Regional Head of HR, Nestlé Central and West Africa, Mallam Muhammed Bashir, Director, Human Resources Management, Ministry of the Federal Capital Territory representing the Honorable Minister of the FCT, Shakiru Lawal, Country HR Manager, Nestlé Nigeria PLC, Wassim Elhusseini, MD/CEO, Nestlé Nigeria…
Africa Trade Barometer Report 2022 Showcases Promising Growth in Trade - Stanbic IBTC
Africa Trade Barometer Report 2022 Showcases Promising Growth in Trade - Stanbic IBTC Stanbic IBTC Holdings, a member of Standard Bank Group has shared some of its latest findings from the Africa Trade Barometer Report 2022 released recently. The report, which assesses key economic indicators in Africa highlights several noteworthy developments across 10 African countries. According to the report, Nigeria is placed eighth out of the ten countries on the Africa Trade Barometer (ATB) after dropping one position (sixth to seventh place) on t…
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