FBNH FY 2023 and Q1 2024 Results Rebound Looks Promising as Net Profit Rises +124.14%
FBNH FY 2023 and Q1 2024 Results Rebound Looks Promising as Net Profit Rises +124.14% “ In this life, rain is going to fall, but the sun will shine again,” - Kwame Alexander When Loans Go Bad. Despite a turbulent decade, FBNH, Nigeria’s oldest financial market lender, has demonstrated remarkable resilience in overcoming odds associated with a legacy institution. It has effectively tackled issues such as board governance recalibrations, high cost-to-income ratios (CIRs), poorly balanced loan asset distribution, large non-performing loans …
Obasa, Others Declare Support For Protection Of Vulnerable Boys
Obasa, Others Declare Support For Protection Of Vulnerable Boys - as Sanwo-Olu's wife visits Lagos Assembly The First Lady of Lagos State, Dr. Ibijoke Sanwo-Olu, on Friday led a team of young boys to the House of Assembly as part of a mentorship programme she initiated for the boy-child. The First Lady, who arrived with the wife of the Deputy Governor, Mrs. Oluremi Hamzat, was received by the Speaker of the House, Rt. Hon. Mudashiru Obasa, and members at a special plenary session held to encourage the children. Advising the young boys, …
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Fidelity Bank public offer, rights issue to open Thursday June 20
Fidelity Bank public offer, rights issue to open Thursday June 20 Nigeria’s 6th largest bank, Fidelity Bank Plc will on Thursday, June 20, 2024 open its public offer and Rights Issue. As part of this capital raising process, Fidelity Bank will same Thursday, June 20, 2024 at the NGX hold a Facts Behind the Offer presentation. According to an article posted on the Businessday website and authored by Iheanyi Nwachukwu, 3.2 billion ordinary shares of 50 kobo each will be offered in the ratio of 1 new ordinary share for every 10 ordinary shares …
Ecobank’s “Adire Lagos” Opens In Grand Style With Over 100 Exhibitors … Thousands throng fair
Ecobank’s “Adire Lagos” Opens In Grand Style With Over 100 Exhibitors … Thousands throng fair Lagos, June 14, 2024 - The annual Ecobank “Adire Lagos” exhibition has taken off in grand style with over 100 exhibitors showcasing their wares. The 4-day fair which opened June 14 and ends 17th, is taking place at the Ecobank Pan African Centre (EPAC) complex located in Victoria Island, Lagos. Originating from Abeokuta in Southwestern Nigeria, Adire textile is an indigenous indigo-dyed cloth made by using different wax-resistant methods to create…
Afropop singer, Adekunle Gold, is guest on Glo-sponsored African Voices
Afropop singer, Adekunle Gold, is guest on Glo-sponsored African Voices Afropop singer, Adekunle Almaruf Kosoko, popularly known as Adekunle Gold, is guest on this week’s edition of CNN African Voices Playmakers sponsored by telecommunications company, Globacom. Born on January 28th, 1987, Gold is reputed for his rich lyrics and unique rendition of his songs, He holds a Higher National Diploma in Arts and Design from the Lagos State Polytechnic. Gold hit the lime lights in 2015 after releasing his hit single “Sade” which was subsequently…
Depositors Panic As N2.76 bn Frauds Rock GTBank In One Year
Depositors Panic As N2.76 bn Frauds Rock GTBank In One Year Depositors of the Guaranty Trust Bank (GTBank) are jittery over the safety of their money as the bank recorded 16,965 fraud case in 2023 alone with a total amount of N2.76 billion involved. This was based on data from the Bank The breakdown of fraud and forgeries for the financial year is provided below The latest of such fraud being the alleged hacking into its system by one of its staff, Komolafe Oluwayomi, 45years old who allegedly stole N9.8 million from the account of the Bank …
Nigerian Idol Season 9 Heats Up, Gracia and David Garland Evicted
Nigerian Idol Season 9 Heats Up, Gracia and David Garland Evicted Nigerian Idol Season 9 intensifies! This week, the competition witnessed the shocking eviction of two talented singers, Gracia and David Garland. With Bigi, a product of Rite Foods Limited, continuing its support for the fourth year, the show has delivered electrifying performances in this nail-biting competition. This week's episode, themed “Divas and Divos,” saw the remaining contestants pay tribute to musical legends. Chioma's powerful rendition of Tina Turner's …
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