AltBank, Sterling One Foundation, Lagos Foodbank combat hunger, champion education

  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

  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

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

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

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

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

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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Banks are in good stead to meet CBN’s recapitalisation target – ACAMB

The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has assured the banking public that banks in the country have the wherewithal to meet the Central Bank of Nigeria (CBN) recent directives on recapilitalisation of the sector.     The Association in a statement signed and released by its president, Rasheed Bolarinwa on Sunday said ACAMB had always …

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NASRE Congratulates Adaora Umeoji On Appointment As Group CEO Of Zenith Bank

The Nigerian Association of Social and Resourceful Editors, NASRE, congratulates Dame (Dr.) Adaora Umeoji, OON, on her appointment as the Group Managing Director/Chief Executive of Zenith Bank Plc with effect from June 1, 2024.       In a congratulatory message personally signed by the President of the association, Comrade Femi Oyewale, the media group describes Umeoji’s elevation from deputy …

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DR. Adaora Umeoji named Zenith Bank GMD/CEO

Zenith Bank Plc has announced the appointment of Dame (Dr.) Adaora Umeoji, OON, as Group Managing Director/Chief Executive with effect from June 1, 2024, subject to approval by the Central Bank of Nigeria (CBN).     She takes over from Dr. Ebenezer Onyeagwu, whose five-year term expires on May 31, 2024, after a very successful tenure. Dame (Dr.) Adaora Umeoji …

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