News

  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, ...

  Lagos- 30 Ocrober 2024, 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 ...

  About 110 customers of the United Bank for Africa have been rewarded with N42.8m in its ongoing Legacy Promo. The promo, which is part of its ‘75 Years, 75 Winners’ celebration, held its October draw, where the winners emerged. ...

  Leading financial technology firm, OPay, has been recognised as the ‘Mobile Payment Solutions Provider of the Year’ award at the 12th Annual Banks and Other Financial Institutions Awards. OPay said that the recognition was a testament to its continued ...

  The Abia State Independent Electoral Commission has promised to deliver a free and fair Local Government election. This is as the commission invited political parties and stakeholders to a briefing ahead of the November 2, 2024, LG election in ...

  Heirs Holdings and the Tony Elumelu Foundation have provided $5,000 in seed capital to young African entrepreneurs to spur economic growth across the continent. The announcement was made during the Future Investment Initiative New Africa Summit in Saudi Arabia, ...

  The President of Coscharis Group, Dr Cosmas Maduka, has been inducted as a Fellow of the Chartered Institute of Directors, Nigeria. This conferment was made known through a statement made available to The PUNCH on Monday by the company’s ...

  The Managing Director/Chief Executive Officer of Wema Bank, Moruf Oseni, has harped on the need to maintain excellence in the banking sector, as he received the highest honour from the Chartered Institute of Bankers of Nigeria. Oseni was honoured ...

  Access Bank has revealed that it is considering selling dollar-denominated securities to Development Financial Institutions and on the open market to boost its capital base and fund expansion plans. This was disclosed by the Managing Director, Roosevelt Ogbonna, during ...

  The Nigerian Bottling Company has trained youths in Lagos and Imo states as part of its youth empowerment programme, #YouthEmpowered aimed at equipping young Nigerians with employability and entrepreneurial skills. In a statement, NBC said it designed the initiative ...

  The surging global popularity of TikTok has seen the co-founder of its parent company, ByteDance, become China’s richest person, the BBC reports. According to a rich list produced by the Hurun Research Institute, Zhang Yiming is now worth $49.3bn ...

Barely three weeks after raising the price of Premium Motor Spirit, popularly known as petrol, Nigerians were outraged when the Nigerian National Petroleum Company Limited on Tuesday adjusted the pump prices of the commodity, as oil marketers foresee further price ...

  The Imo State Police Command has arrested 17-year-old Jesse Chidiebere for faking her own k!dnapping and de.ath. Jesse is a student of Imo State University, IMSU. A press statement by the public relations officer of the command, ASP Henry ...

  Nollywood actress, Ngozi Nwosu has disclosed why she can’t serve her own home state for free. She described their act towards her as inhuman and wicked, vowing she can never render any free service for her state – Abia, ...

  Abductors of Rev. Fr. Thomas Oyode, have demanded a ₦200 million ransom for his release. His abductors made a contact with the Catholic Diocese of Auchi, and demanded the sum of money for his release from captivity. The Director of ...

  A leading member of Malawi’s opposition Patricia Kaliati, has been accused of plotting to k!ll the country’s President, Lazarus Chakwera. She has been charged with the alleged crime. Kaliati, Secretary-General of the UTM party, was arrested last week on suspicion ...

  At least 40 Chadian soldiers have been k!lled after an attack on their base, Sunday evening. President Mahamat Déby has ordered a counter-mission to track down the culprits, according to a statement from his office. The attack reportedly happened ...

  Social media commentator Daniel Regha has suggested that Nigerian churches should use members donations to provide Sunday meals for their congregations. In a post on X, Regha recommended that churches offer food after Sunday services to all members, stating ...

  Alex Ikwechegh, a member of Nigeria’s House of Representatives, has apologized for his altercation with ride-hailing driver, Stephen Abuwatseya. Ikwechegh released a statement acknowledging his actions were unacceptable and regretted the harm caused to Abuwatseya, his family, and the public. ...

  A man has stirred reactions online after he was filmed eating a roadside sacrifice, seemingly amid the country’s economic struggles. In a viral TikTok video, a driver noticed the man eating the sacrificial offering left by the roadside and ...

  The Ogun State Government has reportedly shut down Obada Grammar School, Obada, Idi-Emi over the de.ath of a pupil. The alleged teacher was also arrested and suspended for the corporal punishment that led to the student’s de.ath. The School’s Principal, ...

  An Ikeja Special Offences Court has heard how former Governor of Central Bank of Nigeria (CBN) Godwin Emefiele instructed his former dispatch rider not to formally acknowledge over $3millon received on his behalf. Monday Osasuwa, who was first prosecution witness ...

  A member of the House of Representatives, Alex Ikwechegh, on Sunday, assaulted an e-hailing (Bolt) driver who went to deliver a package to him. The distressed driver, Stephen Abuwatseya, in a viral video filmed what transpired between them in ...

  The Nigeria Labour Congress has criticised the International Monetary Fund for its denial of responsibility regarding the Nigerian government’s recent removal of subsidy on petrol. The congress describes the denial as cynical and emblematic of the IMF and World ...

  The Federal Capital Territory Police Command has said a member of the House of Representatives, Alex Ikwechegh is currently being interrogated at its Maitama Divisional Headquarters. Ikwechegh, who represents Aba North & South Federal Constituency, was alleged to have ...