Wema Bank Releases Audited Results for FY 2024, Profit Before Tax Soars 135% to ₦102.5bn Billion

…Proposes N1.00 final dividend per share; commences N150bn Rights issue in April 2025   Wema Bank Nigeria has released its audited Consolidated Financial Statements for the period ended December 31st, 2024, to the Nigerian Exchange Group (NGX). Wema Bank reported profit before tax of ₦102.51bn, representing an increase of 135% over the ₦43.59bn recorded in the corresponding period in 2023. …

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Dangote, Rabiu, Otedola, Adenuga Make Forbes’ 2025 Billionaires List

Aliko Dangote, Femi Otedola, Mike Adenuga, and Abdulsamad Rabiu have been named in the 2025 Forbes’ Africa billionaires list. Forbes Magazine released the list on Saturday. The quartet are the only Nigerians who made the lineup. Dangote, who owns the Dangote Refinery, tops the list with a net worth of $23.9 billion, up from $13.9 billion in 2024. “Aliko Dangote …

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Zenith Bank Pat Soars above N1 Trillion in full year 2024, Proposes N4.00 Final  Dividend 

Zenith Bank Plc has announced its audited financial results for the year ended December 31, 2024, delivering significant growth across key performance indicators. The Bank’s impressive performance reflects effective management and pricing of its risk assets, as well as an optimized treasury portfolio, reinforcing its position as a leader in Nigeria’s banking industry.   According to the audited financial results …

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Kano Residents Benefit from Fidelity Food Bank Initiative

Over 1,500 residents have benefited from a Fidelity Food Bank outreach in Kabuga community, Dala Local Government Area of Kano state.   The Corporate Social Responsibility (CSR) initiative, executed in partnership with Misnoory Foundation, saw staff of the bank distribute essential food items to support people during the holy month of Ramadan.   Commenting on the distribution event, Divisional Head, …

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FirstBank files appeal injunction, stay of execution on debtor’s arrested cargo

In a surprising twist of events, its decision delivered today, the Federal High Court in a surprising shift from the true nature of FirstBank’s claim held that the matter is not a maritime claim but rather, a simple case of debt recovery. This is quite surprising considering the fact that the order sought is to prevent further fraudulent sale of …

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Wema Bank gives out N11,000,000 to 131 women  …Commemorates women’s month through its 5 for 5 Promo

Reinforcing its reputation as a pro-women and inclusion-driven bank, Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has disbursed a total of N11,000,000 to 131 women across Nigeria in the women’s month draw of the Wema Bank 5 for 5 Promo. The highly anticipated draw took place on Friday, March 21, 2025, in …

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Fidelity Bank Equips Entrepreneurs for Global Trade Success with EMP 18

Tier-one lender, Fidelity Bank Plc, has once again highlighted the importance of promoting non-oil exports as it recently hosted the 18th edition of its dedicated capacity development training tagged Export Management Programme (EMP 18). The programme, which was held recently in Lagos provided a platform for entrepreneurs interested in exploring global trade opportunities to scale and acquire relevant expertise. Hosted …

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Polaris Bank Champions Accelerating Action at International Women’s Day Seminar

Polaris Bank has reaffirmed its commitment to gender equality and women’s empowerment through its International Women’s Day (IWD) Seminar, themed: “Accelerating Action: Breaking Barriers & Creating Equal Opportunities”. The event provided a platform for thought leaders, professionals, and advocates to emphasize the urgent need to accelerate action towards gender equality by breaking barriers and creating equal opportunities for women across …

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Zuriel Oduwole, Sterling One Foundation, Sanwo-Olu Harp on Gender Equality, Youth Empowerment

Nobel Peace Prize nominee Zuriel Oduwole and Sterling One Foundation have emphasized the need for gender equality and youth empowerment during a courtesy visit to the Lagos State Governor’s Office, where discussions focused on sustained action in creating opportunities for young leaders. At just 22 years old, Oduwole is the youngest Nigerian ever nominated for the Nobel Peace Prize and …

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20 New Millionaires Emerge from Fidelity Bank GAIM 6 Promo

Fidelity Bank Plc has announced 20 new millionaires at the 2nd and 3rd monthly draws of its Get Alert in Millions Season 6 (GAIM 6) promo held at the bank corporate head office in Lagos. The 20 lucky winners, randomly selected through an electronic draw across Lagos, North, Abuja, South-West, South-South, and South-East zones, will be rewarded with the sum …

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