Leading financial institution, Fidelity Bank Plc, released its 2024 full-year Audited Financial Statements, reporting a 210% growth in Profit Before Tax to N385.2 billion. According to the Bank’s results released on the Nigerian Exchange (NGX) on Friday, 28 March 2025, Gross Earnings increased by 87.7% to N1,043.4bn, driven by 106.9% growth in interest and similar income to N950.6bn. The increase in Interest Income was led by a combination of improved yield on earnings assets and 51.6% expansion in earnings base to N6.3tn. This led to a Profit After Tax of N278.1 billion, representing a 179.6% annual growth. Commenting on the…
Author: Oluwatoyin Mathnuel
Wema Bank Nigeria (“Wema” or “the Bank”)) has released its audited Consolidated Financial Statements for the period ended December 31st, 2024, to the Nigerian Exchange Group (NGX).Wema Bank reported profit before tax of ₦102.51bn, representing an increase of 135% over the ₦43.59bn recorded in the corresponding period in 2023. The Bank also proposed a dividend of N1.00 per share on the back of the impressive result.The Bank’s Balance sheet remained well structured, diversified and resilient with Total Assets growing by 60% to ₦3,585.05bn in FY 2024 from ₦2,240.06bn in FY 2023. The bank also grew its deposit base year on…
Adron Homes and Properties extends warm greetings to the Muslim community across Nigeria and beyond as we celebrate the joyous occasion of Eid-al-Fitr. As we mark the end of Ramadan, a season of faith, sacrifice, and devotion, we reflect on the values of unity, gratitude, and generosity that define this celebration. The blessings of fasting and prayers bring peace, progress, and abundance to our beloved nation, and we pray for continued harmony, stability, and prosperity for Nigeria and its people. At Adron Homes, this season is also a time to express our heartfelt appreciation to our esteemed customers. Your trust,…
In his usual way of accommodating every religion, Primate Elijah Ayodele, the Leader of INRI Evangelical Spiritual Church, has extended his hands of magnanimity to the Muslim community by distributing bags of rice, chickens, bottles of vegetable oil, and other items as they prepare to conclude the Ramadan fasting period. The prophet engaged in the distribution on Friday, 28th March 2025, at his Lagos headquarters church, where Muslims also worship. The gifts, which were purely a show of love, benefited hundreds of Muslims in his church and the Oke-Afa, Isolo community in Lagos. It would be recalled that Primate Ayodele…
The Lagos Waste Management Authority (LAWMA) has called on residents to properly bag and dispose of their waste, through their PSP operators, during and after the Eid-El-Fitri festivities. Managing Director/CEO of LAWMA, Dr. Muyiwa Gbadegesin, in a statement, disclosed that the Authority had put adequate measures in place to ensure that the celebration was observed in a dirt-free environment. He said, “As we mark this year’s Eid-El-Fitri, it is important that we do so in an environment-friendly manner. For this reason, we have put adequate measures in place to ensure that cleanliness is maintained across the metropolis during and after…
The command is aware of a series of publications making rounds across some social media platforms alleging that operatives of the command Rapid Response Squad (RRS) tortured one Mr. Paul Obukohwo to death. For the avoidance of doubt and for members of the public not to be misled, especially via social media, which has been known to be an easy way to spread falsehood, the command wishes to state thus; On the 26th of March 2025, at about 1545 hours, operatives of the command’s Rapid response squad raided a black spot along Okpanam road and arrested one Prosper Odili ‘m’…
. The Delta State Commissioner Of Police, CP Abaniwonda Olufemi, has guaranteed that the Command would keep up its efforts to combat crime and criminality and enhance public safety and security across the State during the forthcoming Eid-El-fitr celebration. The Delta State Police Commissioner, CP Abaniwonda Olufemi, extend his warmest felicitation to all the Muslim Ummah residents in the state who are celebrating this auspicious occasion of this year’s Eid-El-Fitr. The CP has deployed officers of the command to all Muslim worship centers, nooks and crannies of the state to step up security in statutory mandate of securing lives and…
Today marks a special day in the life of Adebayo Faleke a true legend, a master of his craft, and a shining star in the media industry. As a loyalist, best news caster, on-air personality, head of marketing at Fresh FM Nigeria, and general manager of Tiwantiwa Radio, you have consistently demonstrated your passion, creativity, and commitment to excellence. Your tireless efforts to promote Yoruba and African culture, tourism, and values have not gone unnoticed. You are a true ambassador of our rich cultural heritage, and your dedication to preserving and promoting our traditions is inspiring. As a tourist expert,…
The Nigeria Security and Civil Defence Corps (NSCDC), Lagos state command, has deployed two thousand two hundred and fifty ( 2, 250 ) personnel to ensure safety of lives and property during the Eid-el-Fitr celebration in the state. The Eid-el-Fitr, also called, “Festival of Breaking the Fast,” is a religious holiday celebrated by Muslims worldwide. It marks the end of the month-long dawn-to-sunset fasting of Ramadan. The State Commandant, NSCDC, Lagos state command, Mr Adedotun Keshinro, while addressing officers and men of the Command, said that the special deployment of personnel also followed, the Federal Government’s declaration of Monday 31st…
A House of Representatives member, Tolulope Akande-Sadipe has expressed condolence to the Ajimobi and Kola-Daisi families over Bisola Kola-Daisi’s death. Akande-Sadipe, who Chairs the House committee on Humanitarian affairs, served under the late former Governor of Oyo State, Abiola Ajimobi, between 2011 and 2019, as a Special Adviser. The Oluyole Federal constituency representative said she was bewildered at the news of Bisola’s death on Thursday at the age of 42 in the United Kingdom, after a brief illness. Akande-Sadipe in a statement in Ibadan, wrote, “With a heavy heart, I extend my deepest condolences to the Ajimobi and Kola-Daisi families…