AltBank, Sterling One Foundation, Foodbank combat hunger, champion education The Alternative Bank Limited (AltBank) has announced a strategic collaboration with FoodBank and Sterling One Foundation to raise approximately N20 million in support of hunger alleviation and educational initiatives. This initiative aligns with the theme of the African Union Summit 2024, "Educate and Skill Africa for the 21st Century." Hassan Yusuf, the Managing Director of The Alternative Bank, unveiled this plan in a press release, highlighting the fort…
Access Holdings Vests 23.8 million Units of Shares on Senior Executives In line with the disclosure requirements of the Securities and Exchange Commission and the Nigerian Exchange Limited, Access Holdings Plc, Africa’s leading financial services group, has announced the award of 23.8 million ordinary shares to some of its senior executives and executives of Access Bank, its flagship subsidiary. This is in pursuant of the terms of its shareholders approved Employees Performance Share Plan. Bolaji Agbede, the Acting Group Chief Executive…
ZENITH BANK’S LANDMARK N125.59 BILLION DIVIDEND PAYOUT EXCITES SHAREHOLDERS Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR (Centre) flanked by the Group Managing Director/Chief Executive, Dr. Ebenezer Onyeagwu (Left) and the Deputy Managing Director, Dame (Dr.) Adaora Umeoji, OON (Right) during the 33rd Annual General Meeting (AGM) of the bank held at The Civic Centre, Victoria Island, Lagos yesterday. Shareholders of Zenith Bank Plc, at the 33rd Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos, on We…
CNN’s Connecting Africa explores infrastructure projects across the continent In the latest episode of Connecting Africa, CNN International’s Eleni Giokos and new reporter Victoria Rubadiri highlight the infrastructure projects aiming to boost interconnectivity and trade by air, land, and sea. Africa is home to about 84,000 km of railways and more than 60 seaports, yet at least 80% of goods are being transported via roadways often sparse in remote areas or in poor condition. In Kenya, Rubadiri sees how the country is investing in its trai…
Aliko Dangote Foundation, WEF Announce 2024 Class of Dangote Fellows Aliko Dangote Foundation (ADF), in conjunction with the World Economic Forum (WEF) and Forum of Young Global Leaders (YGL), has unveiled gifted and high calibre individuals for the esteemed 2024 class of the World Economic Forum Young Global Leaders (YGL) Dangote Fellows. ADF and WEF, in a release, said, “With great excitement and anticipation, ADF and WEF announce this year's cohort, a group of visionary leaders poised to make impactful contributions to global devel…
Stanbic IBTC Breakfast Session highlights investment potential in Nigeria’s energy sector Stanbic IBTC Bank, a leading financial institution in Nigeria, recently hosted its pivotal Energy and Infrastructure Breakfast Session in Lagos. This event marked a significant milestone in the country's dialogue on sustainable energy, drawing together a distinguished assembly of industry leaders, policymakers and experts. Dr. Demola Sogunle, Chief Executive of Stanbic IBTC Holdings, delivered a keynote address, offering insights into the organis…
Abbey Mortgage holds charity walk to promote Autism Awareness in Nigeria Abbey Mortgage Bank, a leading institution in the African Mortgage industry on Saturday, May 4th, 2024 staged a walk to promote autism awareness and emphasize the importance of understanding and supporting individuals with such disorder. This year’s programme themed “Abbey Walk for Autism Awareness” saw Abbey bankers, led by their MD/CEO Mobolaji Adewumi, stage a charity walk from the bank's head office on Karimu Kotun to Falomo Bridge Ikoyi, through Alfred Rewan…
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