Wednesday , 22 January 2025

Author Archives: NewsThumb Magz

Shareholders Applaud Fidelity Bank for Exceptional Performance in 2022 FY

Shareholders of leading financial institution, Fidelity Bank Plc, have commended the board and management of the bank for delivering an exceptional performance in FY 2022. This was made known at the bank’s 35th Annual General Meeting (AGM) held virtually on Tuesday, May 23, 2023. Speaking at the AGM, the Chairman Emeritus of the Independent Shareholders Association of Nigeria (ISAN), Sir ... Read More »

Update: Alleged N140bn fraud, EFCC arraigns Saadatu Ramalan-Yaro , DIrector Tsami Babi Resources LTD for money Laundering

Economic and Financial Crimes Commission on Monday arraigned Saadatu Ramalan-Yaro, a businesswoman, for the second time in Lagos State, two weeks after her first arraignment. The businesswoman was brought before Justice Obiora Egwuatu of the Federal High Court in Abuja on charges of money laundering amounting to over N140 billion. She is accused of not fulfilling her responsibilities as the ... Read More »

Breaking : Alleged Corrupt Governors, Ministers And Politicians exposed plans to flee the country Ahead of May 29, Says EFCC

The Economic and Financial Crimes Commission (EFCC) yesterday said it has uncovered plans by some politically exposed persons (PEPs) to flee the country after their tenure on May 29. The PEPs include governors, ministers and political appointees under watch. The commission again faulted Governor Bello Muhammed Matawalle over alleged $2 million bribe demand linked to its Chairman, Abdulrasheed Bawa. It ... Read More »

Update : Court moves to merge all the petitions against Tinubu and determine them together

The Presidential Election Petition Court, sitting in Abuja, has disclosed its intention to consolidate the three different petitions that are seeking to nullify the outcome of the 2023 presidential election. Consequently, the court, at its resumed proceedings on Saturday, said it was empowered by Paragraph 50 of the First Schedule to the Electoral Act, to merge all the petitions and ... Read More »

Sanwo-Olu Commissions SAIL Innovation Lab; Shettima Commends Senator Abiru, Wife

The Board of Trustees, SAIL Foundation, has officially launched the SAIL Innovation Lab facility in Ikorodu, Lagos State on Friday. The facility, which provides in-demand tech skills to motivated youths within the senatorial district, is an initiative by Senator Mukhail Adetokunbo Abiru and his wife, Mrs. Feyisola Abiru.  In attendance at the official commissioning of the facility were prominent personalities ... Read More »

May 29 Inauguration : swearing-in of Tinubu as president was bound to hold, “We need to obey the rule”, Says Agbakoba

A former president of the Nigerian Bar Association, Olisa Agbakoba, has said there is no constitutional process to delay the presidential inauguration on May 29. Requests to stop the swearing-in of the president-elect, Bola Tinubu, became rife after he emerged as the winner of the February 25 presidential election. This is as the presidential candidate of the Peoples Democratic Party, ... Read More »

Wema Bank Launches SME Business School 5.0

Wema Bank, the leading innovative bank in Nigeria, has announced the launch of its flagship capacity-building programme for small and medium-sized enterprises (SMEs) in Nigeria – the Wema SME Business School 5.0. The programme aims to equip SME business owners and entrepreneurs in Nigeria with the necessary skills and knowledge to succeed in business. The Wema SME Business School 5.0, ... Read More »

Ecobank Workers Conference: Experts Advise Employees, Small Business Owners On Income Diversification

Salary earners, individuals, self-employed and small businesses have been advised to make deliberate efforts to save and diversify their income stream in the light of the current state of the nation’s economy. This was the submission of panelists at the webinar titled: Maximising your income: the power of diversification, organized by Ecobank Nigeria as part of its commemoration of this ... Read More »

GTCO Shareholders Endorse N91.24bn Total Dividend Payout for 2022

Shareholders of Guaranty Trust Holding Company (GTCO) Plc, have endorsed the payment of a total dividend of N91.236 billion, representing N3.10 per share for the financial year ended December 31, 2022.This endorsement was made at the holding company’s second annual general meeting held on Thursday, virtually.The Group proposed a final dividend of N2.80 per unit of ordinary share held by ... Read More »

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