Dana Airline’s Troubled History of Scandals and Safety Concerns
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Bayo Adetu
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April 25, 2024
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BUSINESS, Featured
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In the turbulent skies of Nigeria’s aviation industry, Dana Airline has become synonymous with controversy and scandal. From regulatory violations to financial mismanagement, the airline’s history is marred by a litany of transgressions that have raised serious questions about its commitment to safety and integrity. One of the most alarming issues plaguing Dana Airline is the recurrent violation of flight …
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Fidelity Bank Commends Air Peace’s Performance …Celebrates Airline For The Commencement of Lagos-London Route
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Bayo Adetu
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April 24, 2024
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BUSINESS
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Fidelity Bank Plc has commended Air Peace’s performance since it commenced flight operations about 10 years ago. Dr. Nneka Onyeali-Ikpe, the Managing Director, Fidelity Bank Plc gave the commendation over the weekend in Lagos during a special event organised for the airline by the bank to celebrate Air Peace for the milestone of commencement of direct flights from Lagos …
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Court Adjourns Hearing on Binance Executive’s Bail Application
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Bayo Adetu
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April 24, 2024
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BUSINESS
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Justice Emeka Nwite of the Federal High Court sitting in Maitama, Abuja on Tuesday, April 23, 2024, adjourned hearing on the bail application of Binance Holdings Limited and its executive, Tigran Gambaryan till May 17, 2024. The Economic and Financial Crimes Commission, EFCC is prosecuting Gambaryan alongside Binance Holdings Ltd and Nadeem Anjarwalla, (currently at large) on five-count charges bordering on alleged …
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AltBank, Sterling One Foundation, Lagos Foodbank combat hunger, champion education
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Bayo Adetu
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April 18, 2024
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BUSINESS
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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 …
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Fidelity Bank grows Profit by 131.5% in FY 2023, Declares a final dividend of 60kobo per share
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Bayo Adetu
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April 16, 2024
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BUSINESS
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Leading financial institution, Fidelity Bank Plc, has released its 2023 full year Audited Financial Statements, reporting a 131.5% growth in Profit Before Tax to N 124,26 billion. According to the results, which was issued to the Nigerian Exchange (NGX) today, the bank grew Gross Earnings by 64.9% YoY to N555.83 billion, driven by 81.6% growth in Net interest income …
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Zenith Bank achieves impressive triple-digit topline and bottomline growth in 2023
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Bayo Adetu
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April 12, 2024
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BUSINESS
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Zenith Bank Plc has announced its audited results for the year ended December 31, 2023, achieving a remarkable triple-digit growth of 125% in gross earnings from NGN945.6 billion reported in 2022 to NGN2.132 trillion in 2023. According to the audited financial results for the 2023 financial year presented to the Nigerian Exchange (NGX), this impressive triple-digit growth in gross earnings …
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New Cryptocurrency “Chambs” Launches with Innovative Mining Model
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Bayo Adetu
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April 12, 2024
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BUSINESS
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A new cryptocurrency, Chambs, has entered the digital market with promises of revolutionizing utility tokens. Offering a plethora of features and benefits, including payments, staking, and a cutting-edge web3 social media platform, Chambs has quickly caught the attention of crypto enthusiasts worldwide. Powered by the Solana blockchain, Chambs boasts a seamless and efficient network, ensuring fast transactions and low fees. …
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Buratai Lauds Allen Onyema On Air Peace’s Inaugural Flight to London, Calls for Support
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Bayo Adetu
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April 9, 2024
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BUSINESS, NEWS
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The former Chief of Army Staff, His Excellency, Ambassador Lt Gen Tukur Yusufu Buratai (Rtd) CFR, lauded Allen Onyema, the Chairman of Air Peace Airlines for the successful inaugural Air Peace flight from Lagos to London. In a statement, Buratai hailed him for the Chairman’s unwavering commitment and patriotism amidst all obstacles on the Lagos – London flight by …
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Lekan Ajisafe receives 14th Man of the year award
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Bayo Adetu
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April 7, 2024
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BUSINESS
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Nigeria’s youth celebrity magazine, Young Achievers Nigeria has honoured one of Nigeria’s leading insurance brokers with its ‘Man of the year’ award 2023. The award ceremony, held in Ikoyi Lagos was received by Mr lekan Ajisafe, MD/CE0 of Post Assurance brokers Ltd in the presence of staff and well wishers. The Entrepreneur par excellence received the award on …
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Zenith Bank emerges Nigeria’s Best Bank for the 4th year in the last five at Global Finance Awards 2024
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Bayo Adetu
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April 2, 2024
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BUSINESS
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Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Best Banks Awards 2024, winning the award for the fourth time since 2019. The Bank was among other banks from 36 countries in Africa recognised as the prestigious Global Finance announced its 31st Annual Best Bank Awards Winners. The editors of …
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