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Fidelity Bank Plc, one of the country’s most capitalised financial institutions, on Thursday said its gross earnings for the period ended December 31, 2015 grew to N146.9 billion from N136.1 billion recorded in 2014 Financial Year (FY). In the same vein, it promised shareholders N4.6 billion as dividend payout, thus maintaining a tradition of consistent dividend pay-out for the past ...
April, 2016
March, 2016
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31 March
Uneasy Calmness In Shell Nigeria As Dutch Probes Malabu Deal
Royal Dutch Shell yesterday said Dutch investigators visited its headquarters in the Hague over an investigation into a the controversial Nigerian offshore oil field located in oil prospecting licence (OPL) 245 retrieved from Malabu Oil over allegations of fraud in award of the oil block, and later sold to Shell and Eni. A Shell spokesman in Nigeria, Precious Okolobo, confirmed ...
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30 March
Fidelity Bank, LBS, NEPC Forge Alliance On Export Expansion Initiative
As part of efforts to accelerate the diversification of Nigeria’s monolithic economy, Fidelity Bank Plc, one of the nation’s most capitalised financial institutions, Lagos Business School (LBS) and the Nigerian Export Promotion Council (NEPC) has entered into a tripartite agreement aimed at enhancing the export readiness of Micro Small and Medium Enterprises (MSMEs) through a robust capacity building initiative. Dubbed ...
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24 March
Tony Elumelu’s $100m Foundation Attracts 1000 New Entrepreneurs
The Tony Elumelu Foundation (TEF) announces the selection of 1,000 entrepreneurs for the 2nd round of the Tony Elumelu Entrepreneurship Programme (TEEP). Launched in 2015, TEEP is the largest African philanthropic initiative devoted to entrepreneurship and represents a 10-year, $100 million commitment, to identify and empower 10,000 African entrepreneurs, create a million jobs and add $10 billion in revenues ...
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24 March
Fidelity Bank Raises N30billion MSMEs Fund
Fidelity Bank Plc has said the N30 billion it is raising from the Nigerian capital market will be injected into funding of Micro Small and Medium Enterprises (MSMEs) especially those focused in non-oil exports. Managing director/chief executive of the bank, Nnamdi Okonkwo, said he foresees an imminent growth in non-oil export as more Nigerians, governments begin to wake up to ...
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24 March
Guinness, NB, NBC, Others Sacked 405 Workers
Companies in the food, beverage and tobacco sector have sacked about 405 workers in the last four months, the National President, Food, Beverage and Tobacco Senior Staff Association, Mr. Quadri Olaleye, has said. According to him, the companies that have negotiated redundancy of their senior staff members from December till March under the guise of inadequate foreign exchange are Guinness ...
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24 March
GTBANK LAUNCHES INNOVATIVE SERVICE DELIVERY CHANNEL – BANK 737
Over the last few weeks, Nigerians all over the country have been faced with the question; Whatisthe737? From billboards to hash tags and radio hypes. Introduced by Guaranty Trust Bank plc, Bank 737 is more than just well rhyming numbers; it’s a simple, smart, and safe way to bank anytime, anywhere and on any device. Imagine if opening an account ...
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23 March
UBA Oduoza Turns Teacher; To Promote Financial Literacy
United Bank for Africa (UBA) Plc joined other financial institutions and the Central Bank of Nigeria (CBN) to celebrate the global money week. The UBA, had last week, held a financial literacy day for about 500 pupils at Imaguero College in Benin City, Edo State capital. Group Managing Director and CEO of UBA Plc, Phillips Oduoza, personally tutored the students ...
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22 March
Zenith Bank Basketball League: Benue Princess Beat Coal City Queens 73-39 For Second Win
Benue Princess on Monday thrashed Coal City Queens of Enugu 73-39 to record their second win in the Phase One of the 12th Zenith Bank National Women Basketball League. The Makurdi-based side had in their opening game on Saturday defeated Taraba Hurricanes of Jalingo 56-17 and lost 38-43 on Sunday to Plateau Rocks of Jos. The Group B match, played ...
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22 March
Dangote Fellowship Lauds Selection of 3 Nigerians as World Economic Forum Young Global Leaders
The Dangote Fellowship sponsored World Economic Forum (WEF)’s Young Global Leaders has released the names of the 121 laureates of the Class of 2016 of the Forum for Young Global Leaders (YGL) comprising government leaders, scientists, emerging entrepreneurs, government leaders, social activists and artists. Three Nigerians are among the fresh list of Leaders, aged under 40, who are pushing boundaries ...
