Stock Exchange rates Fidelity Bank highest on corporate governance
Stock Exchange rates Fidelity Bank highest on corporate governance Fidelity Bank Plc complies with the highest corporate governance standards as the leading commercial bank adheres promptly to all full disclosure requirements and global best practices. Fidelity Bank is awarded CG+, the highest rank under the Corporate Governance Rating System (CGRS), which screens quoted companies against prescribed best practices and standards. A review of the latest compliance report showed that Fidelity Bank sustains its highest-ranking rating of CG+, with …
Alliance for Youth Nigeria Reaches 1,331 Youths in Vocational Skills
Alliance for Youth Nigeria Reaches 1,331 Youths in Vocational Skills According to the Nigerian Bureau of Statistics, Nigeria's youth unemployment rate among individuals aged 15-24 rose to 8.6% in Q3 2023, reflecting an increase of 1.4% from Q2 2023. In response to this growing challenge, initiatives such as the Alliance for Youth Nigeria came together to address the gap by developing innovative solutions that create sustainable earning opportunities for young people across the country. Launched in August 2021, the Alliance for Youth is …
Unity Bank Champions Digital Literacy and Innovation for Youth Empowerment
Unity Bank Champions Digital Literacy and Innovation for Youth Empowerment Lagos.20.08.24. In line with its commitment to supporting youth empowerment and technological innovation, and creating opportunities for Nigerian youths to thrive in the digital economy, Unity Bank Plc recently held a high-impact webinar to explore the role of digital technology in sustainable development. The event drew participants from across Nigeria featuring the Telecommunications, Media and Technology, (TMT) ecosystem including start-ups, players in fintech, co…
First Bank Commemorates its Annual Corporate Responsibility & Sustainability Week
First Bank Commemorates its Annual Corporate Responsibility & Sustainability Week Lagos- 19 August 2024- FirstBank, the West African premier financial institution and financial inclusion services provider is proud to announce its 2024 Corporate Responsibility and Sustainability (CR&S) Week, scheduled for 19 to 24 August. This year's edition aims to reinforce the bank's positive outcomes of sowing seeds of kindness by empowering the lives of communities, and minimizing the environmental impact environment, while advancing …
Union Bank reports 20% growth in PBT H1, 2024, despite CBN’s intervention
Union Bank reports 20% growth in PBT H1, 2024, despite CBN’s intervention Despite the challenging environment following the Central Bank of Nigeria's intervention in January 2024, which led to heightened customer concerns, Union Bank of Nigeria has reported a profit before tax of N79.8 billion on gross earnings of N333 billion during the half year ended June 30, 2024 compared with a profit before tax of N66.5 billion on gross earnings of N210.5 billion during the corresponding period of 2023, representing a growth of 20 percent in profit b…
FG, States, LGs share N1.4 trn FAAC shares N907.5 b to FG, States, LGCs
FG, States, LGs share N1.4 trn FAAC shares N907.5 b to FG, States, LGCs The Federation Account Allocation Committee (FAAC) has shared the sum of N1.358 trillion to the three tiers of government. The funds came from the July Federation Accounts revenue, according to the statement by the Director of Press and Public Relations of the Office of the Accountant-General of the Federation, Mr. Bawa Mokwa, in Abuja, last night. The N1.358 trillion total distributable revenue comprised distributable statutory revenue of N161.593 billion, distributable …
Introducing "Tractor on The Go," a Game-Changing Tractor-Hailing App Service
Introducing "Tractor on The Go," a Game-Changing Tractor-Hailing App Service In a bold move to keep revolutionizing large-scale agriculture in Nigeria, "Tractor on The Go" (TOG), a subsidiary of Origin Tech Group, has launched a groundbreaking tractor-hailing app service. This innovative platform is designed to tackle the challenges of low tractor density and limited access to mechanization services among small-holder farmers. TOG’s mission is to empower farming communities by providing affordable and accessible mechanizati…
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