By Ayomide Otitoju The Lagos State Government, in collaboration with EnterpriseNGR under the Lagos International Financial Centre (LIFC) platform, has urged both local and foreign investors to support the establishment of an International Financial Centre in Lagos to bolster economic and financial growth. Speaking at EnterpriseNGR’s first Quarterly Members’ Night of 2025, held in Victoria…
By Ayomide Otitoju Wema Bank Plc has announced its audited financial results for the year ended December 31, 2024, showcasing robust growth across key financial metrics. The bank reported a profit before tax (PBT) of N102.51 billion, reflecting an impressive 135% increase from the N43.59 billion recorded in 2023. Following this strong performance, the bank…
By Ayomide Otitoju Fidelity Bank Plc has announced a remarkable financial performance for the 2024 fiscal year, posting a 210% growth in Profit Before Tax (PBT) to N385.2 billion. The bank’s full-year Audited Financial Statements, released on the Nigerian Exchange (NGX) on Friday, March 28, 2025, highlight significant expansion across key revenue lines. Gross earnings…
By Ayomide Otitoju The Minister of Art, Culture, and Creative Economy, Hannatu Musa Musawa, has emphasized the need for stronger collaboration between the public and private sectors to ensure the sustainability of Nigeria’s art industry. Musawa made the call during her visit to the +234 International Art Fair at the Ecobank Pan African Centre (EPAC)…
By Ayomide Otitoju As part of its commitment to economic growth and sustainable development, the NNPC Foundation is set to launch a nationwide agricultural training program targeting 6,000 vulnerable farmers across Nigeria. The first phase of the initiative, scheduled for April 7–11, 2025, will train 1,000 farmers in the South-East and South-South regions. Participants will…
By Ayomide Otitoju Guaranty Trust Holding Company Plc (GTCO) has reported a profit before tax (PBT) of N1.27 trillion for the 2024 financial year, marking a 107.8% increase from the N609.31 billion recorded in 2023. The figures, disclosed in GTCO’s audited financial statement released on the Nigerian Exchange Limited (NGX) on Friday, also revealed a…
By Ayomide Otitoju The NNPC Foundation Ltd/Gte, the Corporate Social Responsibility (CSR) arm of NNPC Ltd., has launched three major initiatives to enhance healthcare, education, and agriculture across Nigeria. The programs, which include free cataract surgeries, STEM education support, and agricultural training for farmers, reflect NNPC Ltd.’s commitment to improving lives and fostering national development….
By Ayomide Otitojju Airtel Africa Foundation has fulfilled its ₦1 billion pledge in support of the 3 Million Technical Talent (3MTT) programme, an initiative designed to develop Nigeria’s digital workforce. During a ceremony in Abuja, Airtel Africa Foundation Chairman, Dr. Segun Ogunsanya, formally presented the donation to the Minister of Communications, Innovation & Digital Economy,…
By Ayomide Otitoju More than 1,500 residents of Kabuga community, Dala Local Government Area of Kano State, have benefited from a food distribution initiative organized by Fidelity Bank Plc in partnership with Misnoory Foundation. The Corporate Social Responsibility (CSR) program, known as the Fidelity Food Bank, provided essential food items to support vulnerable groups during…
