Trust Africa News

Iran’s WhatsApp Ban Lifted, but Impact Minimal Amid Restrictions

By Ayomide Otitoju Iran’s recent decision to lift its two-year ban on WhatsApp has gone largely unnoticed by many residents accustomed to circumventing the country’s stringent internet restrictions. Ardavan Yousefi, a café owner in Tehran, exemplified this sentiment. “Oh wow, is it really removed now?” he said, surprised by the news. Testing the app without…

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Bismarck Rewane Labels Tinubu’s 15% Inflation Target for 2025 as “Aspirational”

By Ayomide Otitoju The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has described President Bola Tinubu’s projection of a 15% inflation rate for 2025 as “aspirational” and “bullish.” Rewane shared his views during an appearance on Channels Television’s Business Morning segment of the Sunrise Daily programme on Thursday. During the presentation of the…

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Winners Announced at Stanbic IBTC FUZE Talent Show Finale in Lagos

By Ayomide Otitoju The grand finale of the third edition of the Stanbic IBTC Pension Managers’ FUZE Talent Show, themed “Light It Up,” concluded recently in Lagos, with winners announced across various creative categories. The event, organized by Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, showcased talents in music, dance, fashion, and…

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Jaiz Bank Projects N26.3bn Gross Earnings for Q1 2025

By Ayomide Otitoju Jaiz Bank Plc has forecasted gross earnings of N26.3 billion for the first quarter of 2025, spanning January to March. The earnings projection, disclosed in its financial forecast submitted to the Nigerian Exchange Limited on Monday, highlights robust expectations across key revenue streams. The bank estimates that financing and investment income will…

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BREAKING: Anthony Joshua Visits President Tinubu, Presents Autographed Glove

Two-time heavyweight boxing champion Anthony Joshua paid a courtesy visit to President Bola Ahmed Tinubu at his Lagos residence on January 1, 2025. During the meeting, Joshua presented the President with an autographed boxing glove inscribed with the message: “To the Great Asiwaju Jagaban Borgu of Africa, Bola A. Tinubu.” The Presidency shared details of…

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Sterling Financial Holdings Projects N121.81bn in Q1 2025 Earnings

Sterling Financial Holdings Company Plc has announced projections for its first-quarter performance in 2025, forecasting gross earnings of N121.81 billion. In a notice submitted to the Nigerian Exchange Limited, the company detailed an expected interest income of N89.27 billion against interest expenses of N34.82 billion, resulting in net revenue from funds of N54.45 billion. The…

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