The Board of Directors of Ecobank Nigeria Limited has announced the appointment of Ichie (Dr) Nnaeto Orazulike as a Non-Executive Director. Ichie (Dr) Nnaeto Orazulike is a seasoned business magnate, corporate administrator, and philanthropist. He is the Founder and Group Managing Director of Genesis Group – a proudly Nigerian conglomerate with interests in Restaurants, Cinemas, Hotels, Food Production and Oil ... Read More »
Author Archives: NewsThumb Magz
2023 Election : looking at individuals, their credibility, character, experience, capacities and antecedents before You vote, Says CAN President
The President, Christian Association of Nigeria (CAN), His Eminence Most Rev. Daniel Okoh, has said Nigerians will not use political party as a deciding factor in the choice of candidate to succeed the President Muhammadu Buhari after his tenure in 2023. According to him, Nigerians have gone beyond casting their votes based on the political party fielding candidates. The Archbishop, ... Read More »
APC won Ebonyi 13 LG polls of the state
The Ebonyi State Electoral Commission has declared the candidates of the All Progressives Congress (APC) as winners of all the chairmanship and councillorship seats in the local government elections held on Saturday. The Commission said the ruling party won the polls in all the 13 local government areas of the state. The Chairman of the state Independent Electoral Commission (EBSIEC), ... Read More »
Unity Bank Posts N27B Gross Earnings in H1’22 Records 23% Growth in PAT
Retail lender, Unity Bank Plc has posted gross earnings of N27.6 billion for its 2022 half-year results, representing a growth of 17% year-on-year. In its unaudited half-year financials submitted to the Nigeria Exchange Group Limited, the Bank also made significant improvements across key performance indicators. The Bank grew Profit Before Tax (PBT) by 23% which rose to N1.8 billion from ... Read More »
property owners collecting two to three years’ rent in advance are causing more harm to Nigeria’s economy, Says Fashola
The Minister of Works and Housing, Babatunde Fashola, has said that the property owners collecting two to three years’ rent in advance are causing more harm than good to Nigeria’s economy. Fashola, who advocated the drive for monthly rent payments across the country, disclosed this on Thursday, as he urged state governments to look at ways to make the payment ... Read More »
LCFE, Heritage Bank, others unlock N445trn commodities ecosystem for economic industrialization
…as Exchange goes live Commodities and Future Exchange (LCFE), Heritage Bank Plc, Capital Market players and other stakeholders have unlocked the $1trillion (N445trn) commodities ecosystem as avenue to diversify the economy from a crude oil dependent economy to other critical economic sectors. This was revealed at the historic Commissioning Ceremony and Official Launch of Lagos Commodities & Futures Exchange, with ... Read More »
I’ve never met Onuorah Caritas Onyinye or collected money from any drug baron, says Abba Kyari
Suspended Deputy Commissioner of Police,DCP Abba Kyaria has said contrary to insinuations I’m some quarters,he has never met Onuorah Caritas Onyinye or collected money from any drug baron in his life. “We feel compelled to react to the false news being peddled by some section of the media because of the personality involved,”Kyari said in a statement obtained Thursday,by his ... Read More »
2023 : COALITIONS OF PROGRESSIVES MIND FOR BOLA AHMED TINUBU PRESIDENCY HOLDS INAUGURAL GENERAL MEETING
L-R;: Ms Bisi Oderinde,Secretary General, Mr, Olayinka Sotayo, Deputy Directyor General(DDG), Chief Yemi Oladokun,Director General(D.G)and Mrs.Omoye,women Leader The newly form pressure group for the actualisation of Asiwaju Bola Ahmed Tinubu presidency come 2023 called Coalitions Of Progressive Mind For Bola Ahmed Tinubu led by a foremost banker Chief Yemi Oladokun held there enlarged meeting on Sunday. The meeting was well ... Read More »
FOR THIRTEEN YEARS IN A ROW, ZENITH BANK RETAINS POSITION AS NUMBER ONE BANK IN NIGERIA BY TIER-1 CAPITAL IN THE 2022 TOP 1000 WORLD BANKS RANKING
Zenith Bank Plc has been ranked as the Number One Bank in Nigeria by Tier-1 Capital in the 2022 Top 1000 World Banks Ranking published by The Banker Magazine. For the thirteenth consecutive year, the Bank retained its position as the number one Tier-1 bank in Nigeria with a Tier-1 Capital of $2.75 billion, emerging as the 460th Bank globally.The ... Read More »
Bizarre : Nine years old love tale ended in tragedy as the two love birds succumbed to death in Osun
The love story of Boluwatife Bamidele and his fiancee, Ifeoluwa was, ordinarily, meant to blossom and bring forth offsprings. However, the nine years old love tale ended in tragedy as the two love birds succumbed to death over infidelity. The two young lovers were engaged to one another on October 4, 2021 with a view to solemnise the relationship before ... Read More »