Wema Bank Releases Q3 2024 Unaudited Results… Reports Profit Before Tax of ₦60.62billion, a 174% YonY Growth

Wema Bank Nigeria (“Wema” or “the Bank”)) has released its unaudited Consolidated Financial Statements for the period ended September 30th 2024, to the Nigeria Exchange Group (NGX). The Bank reported profit before tax of ₦60.62bn, representing an increase of 174% over the ₦22.13bn recorded in the corresponding period in 2023. Wema Bank’s balance sheet remained well structured with total assets …

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FirstBank Joins Partnership for Carbon Accounting Financials, Reinforces its Commitment to Climate Action

As part of its commitment to sustainable finance and taking active steps towards reducing its carbon footprint, FirstBank has joined the Partnership for Carbon Accounting Financials (PCAF) to promote sustainable finance, combat climate change and advance sustainable socioeconomic development for the just transition. PCAF is a collaboration between financial institutions worldwide to enable harmonised assessments and disclosures of greenhouse gas …

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Tinubu appoints Major General Olufemi Olatubosun Oluyede as acting Chief of Army Staff

President Bola Ahmed Tinubu, Commander-in-Chief of the Armed Forces, has appointed Major General Olufemi Olatubosun Oluyede as the acting Chief of Army Staff (COAS). Oluyede will act in the position pending the return of the indisposed substantive Chief of Army Staff, Lt. General Taoreed Abiodun Lagbaja. Until his appointment, Oluyede served as the 56th Commander of the elite  Infantry Corps …

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Nigerian Army denies claims of insurgents taking over military training camp in Niger State

The Nigerian Army has said that the story circulating in some media quarters claiming that insurgents have taken over a Military Training Area in Kontagora, Niger State is false. In a statement signed by the Director Army Public Relations, Major General Onyema Nwachukwu on Wednesday, the NA said “We acknowledge the palpable unease this baseless claim may have stirred within …

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