Only six of 20 presidential aspirants on the platform of the ruling All Progressives Congress (APC) have picked the expression of interest and nomination forms, it was learnt yesterday. Also, no fewer than 63 governorship aspirants have picked nomination forms. The ruling party began the sale of nomination forms to presidential, governorship and federal parliamentary aspirants on Tuesday, April 26. ... Read More »

Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2022, with an impeccable growth of 22% in Gross Earnings from N157.3 billion reported in Q1 2021 to N191.5 billion in Q1 2022.  From the unaudited statement of account presented to the Nigerian Exchange (NGX) on Thursday, 28th April 2022, the strong double-digit growth in the ... Read More »

Nigeria’s premier banking institution and leading financial services inclusion services provider, First Bank of Nigeria Limited has won two awards: Best Bank in Nigeria 2022 and Best Banking Digital Transformation Nigeria at the International Investor Awards 2022, a print and online publication that provides insights, news and visual informative pieces with topics ranging from world markets, investing opportunities, industry analysis ... Read More »

Guaranty Trust Holding Company Plc (“GTCO Plc” or “the Group”) has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2022, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦54.3billion, representing an increase of 1.1% over ₦53.7billion recorded in the corresponding period March 2021. FX ... Read More »

MTN Nigeria and Pan-Atlantic University, on Wednesday, announced the launch of the MTN Media Innovation Programme which would be run by the PAU’s School of Media and Communication. This was revealed in a statement made available to Newsthumb on Wednesday. According to the statement, the initiative is open to media practitioners across the country, including print, electronic, and online platforms, ... Read More »

Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Magazine’s Best Banks Awards 2022, retaining the award for a third consecutive year. The Bank was among other banks from 36 countries in Africa recognised as the prestigious Global Finance announced its 29th Annual Best Bank Awards Winners.The editors of Global Finance made the selections ... Read More »

A Lagos High Court sitting at Tafawa Balewa Square, TBS, has dismissed Chidinma Ojukwu’s counsel, Mr. Onwuka Egwu’s objection to cross-examine the subpoenaed bank staff, who tendered the bank statements and account number of late Usifo Ataga, before the court. Justice Yetunde Adesanya, in a short ruling, said that Sections 218 and 219 of the Evidence Act 2011 (“the Evidence ... Read More »

PRESIDENT Muhammadu Buhari will on Tuesday evening host leaders of the All Progressives Congress, APC, in an Iftar dinner at the Presidential Villa, Abuja. According to an invitation letter those invited for the meeting include former Lagos State Governor and one of the party’s Presidential aspirant, Asiwaju Bola Tinubu, former National Chairmen of the APC, Dr John Oyegun and Comrade ... Read More »

….. Banky W Says, i was sad Wizkid didn’t attend my wedding The Special Assistant to Delta State Governor on media Mr. Ossai Ovie Success, has said that Nigeria singer Wizkid is ungrateful to his former boss Banky W. He said when Wizkid was signed to EME record label owned by Banky W, he was so humble and Banky did ... Read More »

The attention of the Bank has been drawn to recent reports in the media on money laundering and bribery allegations on certain customer’s transaction. The publication went ahead to mention the names of certain Wema Bank management staff to be allegedly involved in the said transaction. The Bank wishes to state categorically that there is no merit in the article, ... Read More »