Glitz, Glam and Grandeur at Wema Bank’s 80th Anniversary Gala The media is buzzing with news of the grand 80th anniversary celebration of Wema Bank, Nigeria's oldest indigenous, innovative bank and pioneer of Africa's first fully digital bank, ALAT. Founded on May 2nd 1945, Wema Bank's rise to becoming the Bank for all generations has indeed been an admirable journey, marked by immense impact, remarkable resilience and a repertoire of innovative solutions that continue to redefine banking and financial services for all. The Bank…
Police arrest woman for flogging her 1-year-old baby to death in Delta The police in Isiokolo, Ethiope-East Local Government Area of Delta State, have arrested a woman for flogging her one year old baby boy to death with a cane. The incident occurred in Kokori Community. It was gathered that the flogging was so severe that the little boy could not survive the beatings from the woman. Neighbours and residents of the area described the lady as a frustrated women, and are accusing her of transferring aggression to the innocent child. It was lea…
Soludo Completes New Road Projects As Anambra Transformation Continues …Commended By Community Leaders Governor Charles Soludo has completed new road projects in Anambra, continuing his urban regeneration agenda to make the state a destination where business and economic activities thrive and a livable place for the people. The 10.3 km Isuaniocha-Urum-Amanuke-Achalla Road, which links 10 communities in Awka North Local Government Area to their headquarters, Achalla, has been delivered for the first time since the creation of the state. Before …
Organised Labour Rates Soludo Number One, Honours Him with "Workers' Beacon of Hope" Award Organised Labour in Anambra State has honoured Governor Charles Soludo with the "Workers' Beacon of Hope" Award in recognition of his bold and transformative reforms, which have significantly improved workers' welfare in Anambra. The Labour leaders, while presenting the award, emphasised Soludo's willingness to listen, his empathy, dedication, and unwavering support for workers as a demonstration of his incredible lead…
Sterling Bank to give Nigerians ₦1Million Extra Every Month Lagos, Nigeria: Leading commercial bank and Africa’s most agile company, Sterling Bank has announced the introduction of AlwaysOn by Sterling, a bold new feature on its OneBank platform that will give eligible customers up to ₦1 million extra every month -even when their account balances are running low. Launched on Workers’ Day 2025, the initiative is part of an ongoing movement to remove structural barriers to financial freedom and empower everyday Nigerians to move boldly, even in…
Stanbic IBTC Bank Nigeria PMI: Output growth hits 15-month high in April The start of the second quarter of 2025 saw a further improvement in business conditions among Nigerian companies amid strengthening customer demand and growth of output. In response, firms ramped up their purchasing activity and took on extra staff, but this expansion of capacity was not sufficient to prevent a build-up of backlogs of work. Meanwhile, inflationary pressures ticked up from March but remained muted relative to the picture in 2024. The headline figure deri…
GTCO SUSTAINS PROFITABILITY MOMENTUM WITH GROWTH IN CORE INCOME - DECLARES A PBT OF N300.4BILLION IN Q1 2025 Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2025, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦300.4billion on the back of strong performance posted on the core earnings lines of interest income which grew …
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