The shareholders of Fidelity Bank Plc have unanimously endorsed the payment of a cash dividend of 22 kobo per share to all Shareholders whose names appear in the Register of Members at the close of business on April 16, 2021. This translates to a dividend yield of 9.2%, making it the 4th most rewarding Bank to investors in the ... Read More »
Author Archives: NewsThumb Magz
Unprofessional Conduct : Charles Odibo’s Statement on Imo State Government; False and Misleading- Concerned Imolites
Banker turned Blogger; Charles Odibo, is an erstwhile Marketing Communication Manager of Fidelity Bank and two other banks, who was notoriously known for running several rackets while he was in active service. February this year, he launched a website aimed at promoting the Igbo people, which was well applauded by all sundry for his interest in moving the South East ... Read More »
Latest Boxing : Andy Ruiz survives knockdown to beat Arreola in comeback fight
Andy Ruiz Jr returns to winning ways in his first fight since the rematch with Anthony Joshua; he has shed significant weight and linked up with Saul ‘Canelo’ Alvarez’s trainer but was forced to climb off the canvas to beat Chris Arreola. Andy Ruiz Jr was floored but overcame the early struggles to out-box Chris Arreola in his return to ... Read More »
MTN partners Remita on post-paid transactions
MTN Nigeria has introduced Remita, an electronic payment platform, for the management of all its post-paid invoicing, payment as well as service-and-expense reconciliation needs. The company in a statement on Thursday said it had integrated its system with Remita’s invoicing and payments solutions suite to enable ease of payments and achieve instant value in a flexible manner for its post-paid ... Read More »
Nigerian Idol Season 6 Commences Live Performance On May 9, Partners Rite Foods’ Bigi Brand
The much expected live performance of the exciting Nigerian Idol Season 6 kick-starts on May 9, 2021 and will culminate with a finale on July 11, where the winner will receive the grand prize of a recording contract with a leading record label and N50, 000,000 (Fifty Million Naira) worth of prizes.The very entertaining reality TV show which started with ... Read More »
DESPITE HEADWINDS, ZENITH BANK’S PROFIT AFTER TAX RISES BY 5% IN Q1 2021
In a clear demonstration of its resilience, Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2021, with Profit After Tax (PAT) rising by 5% to N53.1 billion, from N50.5 billion recorded in March 2020. This is despite a very challenging macroeconomic environment aggravated by the COVID-19 pandemic. From the unaudited statement of account ... Read More »
Unity Bank Sustains Growth Momentum, Posts 43% Profit Growth in Q1/2021
Nigeria’s foremost agric lender, Unity Bank Plc has sustained the growth momentum demonstrated in its 2020 full year earnings as it recorded an impressive performance of 43% in both profit before and after tax in Q1-2021. In the Bank’s unaudited Q1-2021 results submitted to the Nigerian Stock Exchange on Friday, the retail lender’s Profit Before Tax grew by 43% to ... Read More »
Security Crisis : Uzodinma returns to Imo six days after attack on country home
Governor of Imo State, Hope Uzodinma, on Friday returned to the state from from Abuja, amidst tight security and rising tension in Imo. Uzodinma’s return to the state came six days after his country home in Omuma in the Oru East Local Government Area of the state was razed by unknown gunmen last Saturday. The governor’s return came amidst speculations ... Read More »
CORPORATE STATEMENT ON THE NEW BOARD CONSTITUTION
We refer to the Central Bank of Nigeria Limited (CBN) pronouncement on the reconstitution of the Board of Directors of First Bank of Nigeria Limited. Further to the press conference held by the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele CON on Thursday, 29 April 2021, the Boards of FBN Holdings Plc and First Bank of Nigeria ... Read More »
Insecurity in Kaduna State has a link with the Decision of the State Government to Sack Workers Says Ayuba Wabba
…NLC opposes relocation of AFRICOM to Nigeria The Nigeria Labour Congress has opposed the appeal by the Federal Government for the relocation of the United States African Command from Stuggart Germany to Africa, saying it will be counter-productive. President of the NLC Ayuba Wabba stated this at the 2nd national security summit organised by the congress in Abuja yesterday. President ... Read More »