• Bayo Adetu
• August 9, 2024
• BUSINESS
• 0 Comments

Investors are literally scrambling for shares of Fidelity Bank Plc as the leading commercial bank’s capital raising continues to gather momentum among all categories of investors. Investors’ appetite for Fidelity Bank is shown in massive subscriptions to its ongoing rights and public offers and voluminous trading at the stock market. Current weekly report shows that Fidelity Bank was the most …

• Bayo Adetu
• August 8, 2024
• BUSINESS
• 0 Comments

Zenith Bank Plc is offering its ongoing hybrid rights and public offers at the banks lowest price range, locking in about 32 per cent gain in potential immediate return for existing shareholders and new investors. Nigeria’s largest bank by profit, Zenith Bank is offering a rights issue of 5.233 billion ordinary shares of 50 kobo each at N36 per share. …

• Bayo Adetu
• August 7, 2024
• BUSINESS
• 0 Comments

Union Bank of Nigeria, one of Nigeria’s foremost financial institutions, has added to its growing list of qualified personnel with the recent graduation of the 2024 set of Management Trainees. The ceremony, which was held at the Bank’s multiple-purpose sports complex, ‘The Stable, ’ in Surulere, Lagos, included the financial institution’s senior management officials and other staff, as well as …

• Bayo Adetu
• August 7, 2024
• BUSINESS
• 0 Comments

Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has partnered with the Ekiti State Government through the Ministry of Wealth Creation and Employment to launch the Ekiti-Wema MSME Empowerment Programme for youth and businesses in Ekiti State. Launched on Monday, August 5th, 2024, the Ekiti-Wema MSME Empowerment Programme is an initiative designed to …

• Bayo Adetu
• August 6, 2024
• BUSINESS
• 0 Comments

FirstBank, the West African premier financial institution and financial inclusion services provider has emerged the winner of the prestigious Euromoney Award for Nigeria’s Best Bank in Environmental, Social, and Governance (ESG), reinforcing its position as a leader in sustainable banking and finance practices in its 130 years of existence. Following a rigorous and highly competitive selection process, FirstBank was awarded …

• Bayo Adetu
• August 3, 2024
• BUSINESS
• 0 Comments

A New Business Marketing Platform that brings buying and selling to your doorstep has been unveiled, The Name of the online Platform is called KWANZO.COM NOW. The online Platforms gives you handful of opportunities to make choice , decide on what Goods and services you need at any specific Time with Peace of Mind and very easy access to go …

• Bayo Adetu
• August 1, 2024
• BUSINESS
• 0 Comments

The Africa Social Impact Summit (ASIS) 2024, co-convened by The Sterling One Foundation and the United Nations, was held at the Eko Convention Center from July 25-26. This landmark event highlighted the importance of collaboration across sectors, bringing together private sector organizations, NGOs, and other stakeholders to tackle Africa’s most pressing challenges. A significant outcome of the summit was the …

• Bayo Adetu
• July 30, 2024
• BUSINESS
• 0 Comments

Zenith Bank Plc is set to raise N290 billion through a combination of a Rights Issue and a Public Offer in compliance with the revised minimum capital requirements for Nigerian commercial banks introduced by the Central Bank of Nigeria (CBN). This announcement was made during the Zenith Bank Rights Issue/Public Offer Signing Ceremony held yesterday, July 29, 2024, at The …

• Bayo Adetu
• July 30, 2024
• BUSINESS
• 0 Comments

President Bola Ahmed Tinubu’s Special Adviser on Revenue and Chairman of the Federal Inland Revenue Service, Zacch Adedeji has said that Nigeria’s decision on sale of crude in Naira will save the country an estimated $7.3 billion annually. Adedeji disclosed this on Monday justifying why President Tinubu ordered the Nigerian National Petroleum Company Limited to sell crude in Naira. He …