Author: Ifetayo Adeniyi

Zenith Bank post N406.8 billion pre-tax profits in Q2, on track to hit N1 trillion profits by year end The Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR (Centre) flanked by the Group Managing Director/Chief Executive, Dr. Ebenezer Onyeagwu (Right) and the Deputy Managing Director, Dame (Dr.) Adaora Umeoji, OON (Left) during a court-ordered Extraordinary General Meeting (EGM) held virtually from the Zenith Heights, Zenith Bank Plc, Victoria Island, Lagos, on Friday. Zenith Bank reported its 2024 second quarter results showing pre-tax profits topped N406 billion in the second quarter of 2024 as forex related gains boosted bottom…

Lagos launches ICT training for 200 youths across five divisions • Lagos launches ICT training for 200 youths across five divisions curbing lawlessness and enhancing involvement in digital space. The Lagos State Ministry of Wealth Creation and Employment and Mac Tay Consulting Ltd are set to launch a specialised ICT training programme for 200 youths across five divisions of Lagos State; Lagos Island, Lagos Mainland, Epe, Ikorodu, and Ikeja. The ministry disclosed this in a press statement that the initiative is to bridge digital skills gap and enhance employability in Lagos State and it will focus on Data Science and…

MoneyMasterPSB Received Approval For Second Phase Of Ounje Eko MoneyMasterPSB received approval for second phase of Ounje Eko The Lagos State Government has reappointed MoneyMasterPSB, a leading payment service bank, for the second phase of the “Ounje Eko” food discount market, which will open throughout the state on Sunday, September 1, 2024. The Lagos State Government launched Ounje Eko, a programme that offers the people a 25 percent discount on a range of food items. Its purpose is to provide relief to the state’s citizens amidst the rising cost of food items. On Sunday, September 1, the discount…

Nigerian Kelechi Ndukwe has become first Nigerian Navy to command US War Ship, on promotion Nigerian Kelechi Ndukwe has become first Nigerian Navy to command US War Ship, on promotion Nigerian own, Kelechi Ndukwe has become first Nigerian Navy to command US War Ship as he has been promoted to the rank of Navy Captain from Commander. He is the first Nigerian to have a command of US Navy War Ship. As the first Nigerian-American to command the ship, the new role is the zenith of his over 20-year career in the US navy, which started with him working as…

Oba of Benin honours Rema with gift of royal plaque Rema Oba of Benin honours Rema with gift of royal plaque The Oba of Benin honours one of the son’s of the soil, Rema, with gift of royal plaque Oba Ewuare II presented the plaque to Rema on Thursday during the artiste’s visit to the royal palace ahead of his much-anticipated homecoming concert at the Ogbe Stadium The Oba of Benin, Oba Ewuare II, has honoured afrobeats singer Rema with a royal plaque in recognition of the singer’s contributions to the promotion of the Benin Kingdom. The event marks a…

Crypto has come to stay, approvals granted to operators in Nigeria Crypto has come to stay as approvals has been granted to many operators in Nigeria. Approved firms are Busha Digital Limited, Quidax Technologies Limited, Trovotech Ltd, Wrapped CBDC Ltd, HousingExhange.NG Ltd, Dream City Capital, and Blockvault Custodian Ltd. Through the Securities and Exchange Commission (SEC), Nigeria has officially granted operational approvals to several crypto operators, indicating an acceptance of the digital currency. The SEC announced on Thursday that it had granted approval-in-principle to two Digital Asset Exchanges to begin operations under its Accelerated Regulatory Incubation Program (ARIP). Five…

Finally, Napoli’s Osimhen Set For Al Ahli Move In Record-Breaking €80m Deal • At last, Osimhen moves ahead with Al Ahli. Victor Osimhen’s career now relies on personal decision, as Napoli has sealed a transfer contract with Al Ahli, says a football transfer specialist Fabrizio Romano. Posting breaking news on X on Friday morning, Romano said, “Club-to-club deal done for €75/80m total package. Al Ahli have already booked a medical.” He added, “A four-year contract worth €25/30m per season net to Osimhen, plus a RELEASE clause. The final green light is up to Victor.” Romelu Lukaku has already been signed…

Fidelity Bank, Mastercard Launch Cross-Border Payment Solution In Nigeria Fidelity Bank Plc, a leading financial institution in Nigeria and Mastercard have collaborated to launch “Fidelity Send”, a new initiative to enhance cross-border payments and remittances in Nigeria. The collaboration leverages Mastercard’s extensive global network to facilitate near-real-time and cost-effective outbound transactions, driving financial inclusion in the country. The new solution utilises Mastercard Cross Border Services, a leading money transfer platform that allows participating banks to use the global Mastercard network to send money safely and securely to beneficiary bank accounts across the world. Individuals and businesses using Fidelity Bank branches…

Access Holdings Strengthens Commitment to Child Education, Donates Buses to Bethesda Child Support Agency In demonstration of its commitment to social impact, Access Holdings Plc has taken another significant step towards empowering vulnerable children through education. As part of its longstanding partnership with Bethesda Child Support Agency, the Human Resources and Executive Office team of Access Holdings PLC, as part of its Corporate Social Responsibility (CSR) program, acquired and formally handed over two coaster buses to the organisation during a ceremony held recently at Access Towers in Victoria Island, Lagos. L-R: John Abah, Principal, Ikota Secondary School; Joy Ashuike Scholarship…

Bankers’ Committee unveils remodelled National Theatre The Bankers’ Committee has announced the completion of the restoration and upgrade of the National Theatre, a landmark project that began in July 2021. Following approval by the Federal Government and the formal transfer of the iconic structure to the Committee, this ambitious renovation has now come to fruition. The restoration project, the committee noted, was driven by a vision to harness the creative sector’s vast potential for Nigeria’s burgeoning youth population. Once fully operational, the revamped National Theatre is poised to create numerous job opportunities, boost income generation, and enhance foreign exchange earnings.…