By Ayomide Otitoju Bank Plc has released its audited financial results for the full year ended December 31, 2024, reporting strong double-digit growth across key performance metrics. The bank’s performance underscores its effective risk asset management, optimized treasury portfolio, and leadership in Nigeria’s banking sector. According to the financial statements filed with the Nigerian Exchange…
By Ayomide Otitoju The Federal Government has uncovered how Simon Ekpa, the self-styled leader of the Biafra Republic Government in Exile (BRGIE), allegedly used accounts domiciled in MoniePoint Microfinance Bank for terrorist financing. Following an investigation conducted by the Nigeria Sanctions Committee (NSC), which examined a list of account numbers linked to terrorism financing across…
By Ayomide Otitoju The Aliko Dangote Foundation (ADF) has extended its nationwide food intervention programme to Kwara State, distributing 25,000 bags of 10kg rice across the state’s 16 local government areas. The distribution exercise, which took place on Tuesday, March 25, 2025, was led by the ADF team and received by the Kwara State Governor,…
By Ayomide Otitoju In the spirit of Ramadan, Adron Homes and Properties has launched its “Ramadan Delight” promo, offering significant discounts and rewards to make homeownership more accessible for Nigerians. The initiative, aimed at promoting affordable housing while embracing the essence of generosity, provides up to 30% discounts on land purchases. Additionally, customers can enjoy…
By Ayomide Otitoju MTN Group and Airtel Africa have signed agreements to share network infrastructure in Nigeria and Uganda as part of their efforts to enhance digital and financial inclusion across Africa. The partnership aims to improve network efficiency, expand coverage, and provide enhanced mobile services, particularly in remote and underserved areas. MTN Group President…
By Ayomide Otitoju The Naira strengthened in the parallel market on Tuesday, appreciating to N1,575 per dollar, up from N1,585 per dollar recorded on Monday. However, in the Nigerian Foreign Exchange Market (NFEM), the currency weakened, trading at N1,535 per dollar, reflecting a slight depreciation. According to data from the Central Bank of Nigeria (CBN),…
By Ayomide Otitoju MTN Nigeria, the official telecommunications partner of the Nigeria Football Federation (NFF), has reaffirmed its unwavering support for the Super Eagles following their hard-fought draw against Zimbabwe in the 2026 FIFA World Cup qualifier at the Godswill Akpabio Stadium, Uyo. The telecom giant had earlier expressed confidence in the national team, building…
By Ayomide Otitoju In a significant legal development, the Federal High Court (FHC) has ruled that FirstBank’s case is not a maritime claim but a simple debt recovery matter. The decision, delivered today, contradicts the bank’s position that the order sought was intended to prevent the fraudulent sale of crude oil aboard the FPSO Tamara…
By Ayomide Otitoju NNPC Retail Limited (NRL) has hosted She-Fix 2025, a flagship event aimed at empowering women in the automotive, technical, and energy sectors, in commemoration of International Women’s Day. The event, held in Lagos, brought together over 300 participants as part of the global celebration themed “Driving Diversity and Powering Progress.” According to…
