By Ayomide Otitoju Fidelity Bank Plc, a leading financial institution in Nigeria, has donated maternity kits to 30 pregnant women at the Mushin Primary Health Centre (PHC), Lagos. The initiative, spearheaded by the Great Minds Inductees Class, was executed under the Fidelity Helping Hands Program (FHHP), the bank’s Corporate Social Responsibility (CSR) platform designed to…
By Ayomide Otitoju Dangote Cement Plc, Airtel Africa Plc, and 13 other blue-chip stocks accounted for a staggering 79.98% of the ₦62.76 trillion total market capitalisation on the Nigerian Exchange Limited (NGX) in 2024, cementing their dominance in the equities market. The elite group of stocks with market capitalisation exceeding ₦1 trillion includes BUA Foods…
By Ayomide Otitoju Zenith Bank Plc has recorded a rise in market value as investor interest in top-tier lenders on the Nigerian Exchange grows ahead of the bank’s fourth-quarter 2024 earnings release. The bank’s share price climbed 4.5% on Thursday to close at ₦46.50, reflecting strong demand for banking stocks. This surge in buying activity…
By Ayomide Otitoju MTN Nigeria Plc has seen a remarkable rise in its market value as expectations of a telecom tariff hike fuel investor interest. On Thursday, the telecom giant’s share price surged by 10%, closing at ₦242 on the equities market, pushing its market capitalization to ₦5.08 trillion. The upward momentum, which began midweek,…
Shell-shocked residents of Los Angeles surveyed widespread devastation on Thursday after wind-driven wildfires engulfed entire neighborhoods, claiming at least five lives and destroying more than 2,000 structures. Forecasters warned of continued dangerous conditions. Fast-moving flames fueled by gusts of up to 100 mph (160 km/h) wreaked havoc in Pacific Palisades and Altadena, where zero percent…
By Ayomide Otitoju Peter Obi, the Labour Party’s presidential candidate in the 2023 election and former Governor of Anambra State, has raised concerns over the growing wave of crime, particularly kidnappings, across Nigeria. In a statement shared on his X handle Thursday, Obi lamented the alarming rate of insecurity, which he said spares no one…
By Ayomide Otitoju Lagos State Governor Babajide Sanwo-Olu on Thursday signed the 2025 budget of ₦3.366 trillion into law, marking a historic investment in the state’s infrastructure and economic growth. The ceremony, held at Lagos House, Alausa, Ikeja, saw the governor commend the Lagos State House of Assembly, led by Speaker Mudashiru Obasa, for its…
By Ayomide Otitoju America paused in unity on Thursday as five U.S. presidents gathered at Washington’s National Cathedral to honor the life and legacy of Jimmy Carter, the 39th president, who passed away on December 29 at age 100. In a historic moment, incoming President Donald Trump, days away from his second inauguration, joined outgoing…
By Ayomide Otitoju Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has retained its position as the leading bank in customer experience in the 2024 KPMG West Africa Banking Industry Customer Experience Survey. The bank topped the retail banking segment for the fourth consecutive year with a customer experience score of 75.5%, while also…
