Leadership Means Always Believing in Better - CEO, Sterling Bank

Leadership Means Always Believing in Better - CEO, Sterling Bank Abubakar Suleiman, the Chief Executive Officer of Sterling Bank Limited, delivered an enlightening discourse on leadership during the prestigious Lagos Leadership Summit 2024, powered by the Lateef Jakande Leadership Academy, shedding light on the profound essence of effective leadership and its transformative impact on society.  At the heart of Suleiman's message was the concept of leadership as a catalyst for change—a force that propels individuals and organizations to…

Dangote cement export of clinker, cement increased by 87.2%

Dangote cement export of clinker, cement increased by 87.2% Management of Dangote Cement Plc has revealed that the company dispatched seven ships of clinker- from Nigeria to Ghana and Cameroon and that the export, for the first quarter of 2024 increased by 87.2 percent at 264kt.  While the company commissioned 10 of the 17 Alternative Fuel Projects across the Group, the local demand for cement, in the same period under review in Nigeria increased significantly by 26.1 per cent to 4.6Mt and the overall group volume rose by 12.3 per cent to 7…

Truck involved in the Okene accident not our own, Dangote Cement clarifies

Truck involved in the Okene accident not our own, Dangote Cement clarifies Dangote Cement Plc has disowned a truck laden with cement that collided with a bus on Okene-Lokoja bypass in Kogi State, leading to the death of some passengers. The company however expressed sadness over the incident and condoled with the families of the victims, urging the public to disregard the erroneous news, that its truck was responsible for the fatal accident. Dangote Group’s Chief Branding & Communications Officer, Tony Chiejina in the statement explaine…

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…