ZENITH BANK SECURES REGULATORY APPROVAL FOR N350B RIGHTS ISSUE AND PUBLIC OFFER PROCEEDS
ZENITH BANK SECURES REGULATORY APPROVAL FOR N350B RIGHTS ISSUE AND PUBLIC OFFER PROCEEDS Zenith Bank Plc has raised a total of N350.4 billion through its recently concluded hybrid Rights Issue and Public Offer. In a statement released to the Nigerian Exchange (NGX) Group on Sunday, January 26, 2025, the Bank announced that it has secured the full regulatory approval of the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) in respect of its recently concluded Hybrid Offer, comprising of a Rights Issue of 5,232,748,9…
Soludo's Operations Udo Ga-Achi yields massive results with the Breakthrough Against Kidnapping At Oba
Soludo's Operations Udo Ga-Achi yields massive results with the Breakthrough Against Kidnapping At Oba In a startling development, Anambra state operatives of Agunaechemba launched a surprise operation, resulting in the demolition of what has been described as a kidnapper's den masquerading as the Udoka Golden Point Hotel and Suites, also known as “La Cruise Hotel.” Located along the bustling Onitsha-Owerri road, the hotel harbored chilling secrets on its premises—a well-partitioned area containing over 30 graves, accompanied by a shri…
Against all Odds, FirstBank Eyes Another Decade of Growth
Against all Odds, FirstBank Eyes Another Decade of Growth In the first nine months of last year, the earnings per share (EPS) of FBNHoldings Plc, the parent company of First Bank of Nigeria Limited as well as its profit grew by 125 per cent year-on-year (Y/Y). But there is much more to where the premier bank stands in core banking and its profitability is not a mere accretion of transaction charges but that it has also increased its commitment to financial intermediation. In the three quarters, its interest income, which gives a clue of sustai…
Governor Soludo Congratulates Bishops Isizoh and Okoye on Their Birthdays
Governor Soludo Congratulates Bishops Isizoh and Okoye on Their Birthdays Governor Charles Soludo congratulates Most Reverend Dr. Dennis Chidi Isizoh, the distinguished Bishop of the Catholic Diocese of Aguleri, and Catholic Bishop of Nnewi Diocese, the Most Rev. Jonas Benson Okoye on their birthdays. Soludo said Bishop Isizoh is an outstanding man of God and a selfless Nigerian, with a passion for the growth of the Christian religion, and a strong advocate of peace and unity. He commended Bishop Okoye for his unwavering dedication, spiritual …
JMG Marks International Day of Clean Energy, Offers Solutions for Greener Environment
JMG Marks International Day of Clean Energy, Offers Solutions for Greener Environment JMG Limited, a premier provider of electro-mechanical solutions in Nigeria, joins the world in celebrating this year's International Day of Clean Energy, which promotes the transition from fossil fuels to renewable energy sources. Observed annually on 26th January, the global event was declared by the United Nations General Assembly as a call to raise awareness and mobilize action for a just and inclusive transition to clean energy for the benefit of peop…
Manchester City vs. Chelsea: A Clash of Titans Streaming Live on Showmax
Manchester City vs. Chelsea: A Clash of Titans Streaming Live on Showmax Premier League defending champions Manchester City will host Chelsea this Saturday in the marquee match of Matchday 23 of the 2024/25 season. Dubbed the “Battle of the Money Bags,” this encounter features former Manchester City assistant manager Enzo Maresca squaring off against his former mentor, Pep Guardiola, for the second time this season. The reverse fixture earlier in the campaign ended in a 2-0 victory for the Citizens. Fresh off a dominant 6-0 win over Ipswich la…
Sterling Bank Petitions IGP Over Court Ruling Violations, Abuse of National Assembly
Sterling Bank Petitions IGP Over Court Ruling Violations, Abuse of National Assembly Lagos, Nigeria — Nigeria’s leading commercial bank, Sterling Bank Limited, has petitioned the Inspector General of Police (IGP) to address alleged fraudulent activities linked to Miden Systems Ltd and its director, Dr. Brendan Innocent Usoro. The action followed a series of purported attempts by Usoro to leverage political connections and law enforcement to undermine a court-mandated debt settlement. The Federal High Court delivered a ruling on October 18, 202…
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