Yoruba Week: Sanwo-Olu's Administration Writes Lagos Assembly

Yoruba Week: Sanwo-Olu's Administration Writes Lagos Assembly - Sets date for celebration - Assembly holds a minute silence for late Ezeife A letter from the executive arm of the Lagos State government to the state House of Assembly has announced a decision to set the last week of September every year for the celebration of the Yoruba culture. The decision of the government followed a resolution passed by the Lagos Assembly at a sitting held on September 19, 2023. The Permanent Secretary of the Ministry of Tourism, Arts and Culture, who…

Airtel Nigeria Leads Telecom Market Surge

Airtel Nigeria Leads Telecom Market Surge In a recent revelation from the Nigerian Communications Commission (NCC), Airtel Nigeria has emerged as a standout performer in the country’s telecommunications sector, marking significant gains in market share over the past year. According to the NCC data, by the end of March 2024, Airtel Nigeria has grown its market share over the last year into a remarkable 29%, solidifying its position as a leading telecom provider in the region. In stark contrast, other mobile network operators such as MTN and …

FOREMOST BANKER, JIM OVIA APPOINTED CHAIRMAN OF NIGERIAN EDUCATION LOAN FUND BY PRESIDENT TINUBU

FOREMOST BANKER, JIM OVIA APPOINTED CHAIRMAN OF NIGERIAN EDUCATION LOAN FUND BY PRESIDENT TINUBU President Bola Tinubu has approved the appointment of the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND). This was announced in a State House Press Release by the Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale on April 26, 2024.  According to the statement, ‘‘the President believes Mr. Ovia will bring his immense wealth of experience …

Fidelity Bank: Improved Share Price as Growth Indicator When the management of the Nigerian Exchange Limited (NGX) in July 2023 announced that it was reclassifying Fidelity Bank Plc from small-price stock to medium-price stock, financial analysts concluded that the road to attaining Tier1 status by the bank is closer than ever imagined. In full year 2022. Fidelity Bank briefly fell into the Tier 1 category and saw the highest gross earnings of N337.10 billion and profit before tax of N53.68 billion. The bank’s higher interest income relativ…

Q1: More Nigerians buy Dangote Cement, as volume rises by 26.1% to 4.6MT

Q1: More Nigerians buy Dangote Cement, as volume rises by 26.1% to 4.6MT  Strategies adopted by Dangote Cement to increase sales and ensure an adequate supply of products to customers are yielding the desired results as domestic sales volume increased, by 26.1 percent to 4.6Mt in the first quarter of 2024.  According to the cement manufacturers’ unaudited results for the three months that ended, on April 30, 2024, the Nigerian operations volume rose significantly and positively affected the rise in the Group’s overall volume to 7.0  Mt. The co…

Hydrogen Hosts Catalyst Workshop, Highlights Resilient Business Models For Fintech Startups

Hydrogen Hosts Catalyst Workshop, Highlights Resilient Business Models For Fintech Startups L-R:  Obinna Ojekwe, Head, Brand and Marketing, Hydrogen; Emeka Awagu, Chief Technology Officer, Hydrogen; Miracle Ezechi, Digital Marketing Lead, Hydrogen, and Ina Alogwu, Group Director, Digital Transformation, ARM HoldCo, at the training session organised by Hydrogen in partnership with CcHub for tech startups in Lagos... recently. As part of its mission to empower African businesses with tools needed to thrive, garner admiration, and foster glob…

Fidelity Bank Commends Air Peace’s Performance . Celebrates Airline For The Commencement of the Lagos-London Route

Fidelity Bank Commends Air Peace’s Performance . Celebrates Airline For The Commencement of the Lagos-London Route LAGOS – Fidelity Bank Plc has commended Air Peace’s performance since it commenced flight operations about 10 years ago. L – R: Vice Chairman, Air Peace, Mrs. Alice Onyema; Chairman, Air Peace, Dr Allen Onyema; Managing Director/Chief Executive Officer, Fidelity Bank Plc, Dr Nneka Onyeali-Ikpe; and Managing Director, Graviti Hill Ltd, Dr Ken Onyeali Ikpe at a special event organised by the bank to celebrate the commencement of …