Access Holdings Profit Surges 300% to N612.49bn in Wigwe’s Final Act Access Holding’s a tier-one Nigerian lender reported a massive 300% surge in after-tax profit to N612.49 billion in its Full Year 2023 results, the last period for which late CEO, Herbert Wigwe was at the helms. Access saw growth at both net interest incomes of N555.8 billion and net fee income of N207.7 billion revenue lines while Fair value gains on non-hedging derivatives, equity investments and Fixed income securities brought in a further N512.3 billion. Earnings Per S…
‘He showed his true colour after we won election for him’ – Wike slams Fubara Former Governor of Rivers State and current Minister of the Federal Capital Territory, FCT, Nyesom Wike, has again expressed regret for helping Siminalayi Fubara to become the governor of the oil-rich state. Wike, while addressing a crowd of supporters, in Port Harcourt over the weekend, said the governor displayed a high level of pretence and deceived him [Wike] to work towards him becoming the governor. Wike has been at daggers-drawn with his successor, Governor…
Four burglars caught in Ogun Operatives of Ogun Community Security Social Orientation and Safety Corps,(So-Safe Corps) have arrested four men suspected of stealing valuable items from a residential apartment in Ado-Odo/Ota Local Government Area of the State. So-Safe announced this in a press statement issued from the office of the State Commander of the Corps, Commander (Dr) Soji Ganzallo, through the Office of the Director of Information and Public Relations of the Corps, Assistant Commander Moruf Yusuf on Tuesday. According to the state…
BREAKING: Chinese who killed lover in Kano sentenced to death Justice Sanusi Ado Ma’aji of Kano State High Court sitting at Miller Road, Bompai, has found Quandong Geng, a Chinese national, guilty of killing his girlfriend, Ummulkusum Sani Buhari (Ummita). Geng had invaded the residence of Ummita in September 2022 and stabbed her to death during an argument. He had fled the scene but was subsequently arrested by the police and arraigned. During cross examination in court, he had said Ummita broke his heart by getting married to another per…
Navigating Uncertainty: The Enduring Value of Out-of-Home (OOH) Advertising in Challenging Times By: Philip Odiakose In an era marked by economic volatility and shifting consumer behaviors, businesses are grappling with tough decisions regarding their advertising budgets. As a Media Analyst, I have witnessed firsthand the cyclical nature of economic downturns and their impact on marketing strategies. Amidst the uncertainty, one form of advertising continues to stand resilient: Out-of-Home (OOH) advertising. In this article, I explore why…
Tony Elumelu Foundation Announces 10th Cohort of Entrepreneurship Programme – 20,000 Entrepreneurs Funded Across Africa • 10th Cohort of the Tony Elumelu Foundation Entrepreneurship Programme Announced •Over 50 business sectors from farming to technology represented. •20,000 entrepreneurs from 54 countries across Africa funded in 10 years – doubling original target. Lagos, Nigeria – March 22, 2024 – The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs from all 54 African countries, has announc…
Access Bank to boost financial inclusion with offline platform Access Bank Plc unveiled an offline banking platform, 901.ng on Friday, to provide customers with an additional channel to carry out their transactions and boost financial inclusion in the country. Financial inclusion in Nigeria has increased to 74 per cent in 2023, up from 68 per cent in 2020. The Central Bank of Nigeria has set a target of hitting 95 per cent in 2024. The idea was launched in collaboration with RemitPlus, which has been championing offline banking in the coun…
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