Fidelity Bank Stock record Over 20% Growth Following Combined Offer Growing investor confidence and strong market participation have continue to boost optimism about Fidelity Bank’s stock as the bank experienced a remarkable 20% surge on the Nigerian stock market, with its share price surpassing the N13 mark by the third week of September. This upward trend follows the bank’s combined offer, which included a Public Offer and Rights Issue launched on June 20, 2024. The combined offer consisted of 10 billion ordinary shares priced at N9.75 fo…
Access Bank’s Contributions in Africa’s Transition to a Low Carbon Economy Africa is facing a growing challenge of managing its waste and natural resources in a sustainable way. The current traditional linear economic model, characterized by a "take, make, dispose" pattern that is extracting, consuming, and disposing of materials, is inefficient, wasteful, and harmful to the environment and human health. According to the World Bank, Africa generated 174 million tonnes of waste in 2016, and this is expected to increase to 516 milli…
Access Holdings Reports N146.1 billion Pre-tax Profit in Q2 2024, Staff Salaries Surge 143% Access Holdings Plc, Nigeria’s largest bank by total assets, reported a pre-tax profit of N146.1 billion in the second quarter of 2024. This is according to information contained in the company’s half-year audited filings published on the website of the NGX. Combined with the first-quarter pre-tax profit of N202.7 billion, Access Holdings’ half-year profit now stands at N348.9 billion, compared to N167.6 billion reported during the same period last year…
Speaker Obasa Celebrates First Lady Oluremi Tinubu At 64 - calls her Nigeria's shining light The Speaker, Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has congratulated Senator Oluremi Tinubu on her 64th birthday describing her as a compassionate Nigerian dedicated to impacting the citizens of the country. In a message by the Speaker's media office, Dr. Obasa noted the First Lady's courage, commitment to a better society, support for the President, Asiwaju Bola Tinubu, and her belief in an egalitarian society. The Spe…
WEMA BANK SET TO LAUNCH SEASON 4 OF ITS 5 FOR 5 PROMO REWARD INITIATIVE From October 1st, 2024 Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, is set to launch the 4th season of its transformative reward initiative, the Wema Bank 5 for 5 Promo. The highly anticipated Season is scheduled to kick off on Tuesday, October 1, 2024. Introduced in 2021 the Wema Bank 5 for 5 Promo is a reward initiative pioneered by the Bank with the goal of rewarding its diverse range of customers for active lo…
Aig-Imoukhuede Foundation, PSHAN Revitalise Four Primary Healthcare Centres In Edo State …Advancing Healthcare Access Through Public-Private Partnerships The Aig-Imoukhuede Foundation, a philanthropic organisation committed to increasing access to primary healthcare across Africa, in partnership with the Private Sector Health Alliance of Nigeria (PSHAN) and Edo State Primary Healthcare Development Agency (EdoSPHCDA) has successfully revitalised four Primary Healthcare Centers (PHCs) in Edo State. These newly renovated facilities – Atoruru PH…
Euromoney Awards For Excellence 2024 - GTCO’s Guaranty Trust Bank Named Best Bank for Corporate Social Responsibility In Nigeria Guaranty Trust Bank Ltd (“GTBank,” or “the Bank”), flagship subsidiary of Guaranty Trust Holding Company Plc (GTCO), one of the largest financial services institutions in Africa, has been named Best Bank in Corporate Social Responsibility in Nigeria at the prestigious Euromoney Awards for Excellence 2024. This recognition underscores GTCO’s unwavering commitment to excellence, going beyond offering innovative financ…
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