Friday , 24 January 2025

Author Archives: NewsThumb Magz

International Literacy Day 2020: FirstBank Set The Pace With Innovative e-learning Solutions

Covid-19 brought a huge challenge to education and literacy, First Bank of Nigeria Limited responded with a Rosetta stone of innovative e-learning initiatives that have far-reaching effects Since 1967 that the United Nations Educational, Scientific and Cultural Organization (UNESCO) have been celebrating International Literacy Day to promote the importance of literacy and education, every September 8 had witnessed book gifting, ... Read More »

$10m debt: Judge Refuses to hear Shoprite’s application

A Federal High Court in Lagos Monday declined to hear an application seeking to revoke a Mareva Injunction barring Shoprite Checkers (PTY) Ltd from transferring its assets. Vacation judge Justice Nicholas Oweibo ruled that the matter was not urgent enough to be heard during the court’s ongoing vacation. The South African retail company is seeking to overturn the July 14, ... Read More »

H1 2020: Fidelity Bank Posts Impressive Half Year Results.​

​ ​ ​ ​ ​Profits up by 22% as Gross Earnings hit N105.8bn. Despite the economic challenges occasioned by the COVID-19 pandemic, Fidelity Bank has sustained the financial performance trajectory of recent years, with another set of impressive financial results. Details of the Audited Half Year results ending June 30, 2020 for the top Nigerian lender, released on the Nigerian ... Read More »

COVID-19: Public institutions not ready- says ASUU  

University students across the country appear not ready for reopening yet despite Thursday’s advice by the presidential task force (PTF) on COVID-19 that school administrators should set machinery in motion for resumption of academic work. The National Coordinator of PTF, Sani Aliyu, had directed school administrators to conduct risk assessment and ensure compliance with COVID-19 safety protocols preparatory to resumption ... Read More »

GTBank Releases 2020 Half Year Audited Results

…….. Reports Profit before Tax of ₦109.7Billion Lagos, Nigeria – September, 2020 Guaranty Trust Bank plc has released its audited financial results for the half year ended June 30, 2020 to the Nigerian and London Stock Exchanges. The half year result reflects GTBank’s leading position as one of the best managed financial institutions in Africa. The Bank’s loan book grew ... Read More »

Polaris Bank introduces Target Savings Account

…admonish Nigerians To Strengthen Their Savings Culture Polaris Bank has launched ‘Polaris Target Savings Account’ to help Nigerians imbibe healthy savings culture as a means to building a strong financial base. The Bank in a statement released at the weekend quoting its Group Head, Products & Market Development, Mrs Adebimpe Ihekuna said “The savings culture is gradually going into extinction ... Read More »

IBUKUN AWOSIKA, FIRSTBANK’S CHAIRMAN STARS IN CITATION – A MOVIE THAT GIVES VOICE TO VICTIMS OF SEXUAL HARRASSMENT  

  Mrs. Ibukun Awosika, Chairman, First Bank of Nigeria Limited has made her debut in a movie produced by award-winning, and proudly Nigerian movie producer, Kunle Afolayan. The movie, Citation, is created to correct one of the greatest ills – rape and sexual molestation – which affects the educational system and indeed societies around the world. Mrs. Awosika plays the role of ... Read More »

Heritage Bank to stimulate economic growth with youth empowerment schemes

As part of its further response to deal with the global economic challenge occasioned by COVID-19, Heritage Bank Plc has reiterated commitment to deepen its support to young entrepreneurs in Nigeria to grow their businesses either as start-ups or prospective business owners. This, the bank said, is in line with its culture as timeless wealth partners, which would impact positively ... Read More »

AKINWALE ADEMOKOYA LAUNCHES AKAD RECORD LABEL

 AKAD RECORDS is a music discovery company, dedicated to discovering, supporting, and promoting visionary African artists from around the globe. Its pioneer act, Lil Dee has been signed to the record label while the new company also aims to sign one of the hottest producers around. CEO of the company, Akinwale Ademokoya offers a sneak peek into what this new record label ... Read More »

Interim report on Magu false, says defence counsel

Following controversy over the fate of his client, counsel to the suspended Acting Chairman of the Economic and Financial Crimes Commission, Mr. Ibrahim Magu, on Sunday said the Judicial Commission of Inquiry on its activities has not submitted any interim report. Mr. Wahab Shittu said the release of the purported interim report did not emanate from the panel. He said ... Read More »

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