Sterling Financial Holdings Company PLC has achieved anothermilestone with the approval of the Central Bank of Nigeria (CBN) recognising anadditional ₦75 billion in its capital raise. This approval represents the final leg of thecapital injection that was achieved through a private placement in September 2024. Building on the private placement’s success, Sterling launched a Rights Issue in October2024, structured to provide existing shareholders the exclusive opportunity to deepen their stakes in the company and share in its growth story. The Rights Issue received significant interest and participation, highlighting the confidence and trust the company has cultivated among its shareholders over…
Author: Oluwatoyin Mathnuel
By Farouk Mohammed Once again, FirstBank has reaffirmed its position as a champion of arts, culture, and entertainment through its annual DecemberIssaVybe initiative. This year, the bank brought music lovers an unforgettable Christmas Eve experience with the Davido Live in Lagos concert, held at the iconic Eko Hotel Convention Centre. As part of the initiative, the event was a highlight of the festive season, delivering joy, excitement, and unmatched entertainment to thousands of fans. Delivering Exclusive Experiences True to its legacy, FirstBank ensured its customers and followers had the chance to enjoy this spectacular event through ticket giveaways across its…
By Oluwatoyin Mathnuel On this joyous occasion of Christmas and as we usher in a prosperous New Year, 2025, I, Eze Monday Lawrence Obi JP, Babaloja Ladipo international Market Mushin warmly extend my heartfelt greetings to you all. As the Ezediohamma 1 Mushin Odi-Olowo, Asiwaju Ndigbo of Ewu Kingdom as well as Bobaselu of Mushin Land, I am deeply thankful for the unity, resilience, and progress we have shared in the past year. May this Christmas bring peace, joy, and blessings to our homes, and may the New Year be filled with renewed strength, prosperity, and abundant opportunities for us…
Access Holdings Plc (‘the Company’) today announces that it has secured the full regulatory approvals of the Central Bank of Nigeria and the Securities and Exchange Commission of its recently closed Right Issue of 17,772,612,811 Ordinary Shares of 50 Kobo each at N19.75 Kobo per share (‘the Rights Issue’) and has raised the target amount of N351,009,103,017.25. This development has positioned the Company’s flagship subsidiary, Access Bank Plc (‘the Bank’) as the first bank to meet the Central Bank of Nigeria’s N500 billion minimum capital requirements for Banks with International Authorisation well ahead of the March 2026 regulatory deadline. With…
The Lagos State Traffic Management Authority (LASTMA) has reported a significant road traffic accident involving an LT commercial bus and a T4 commercial bus at Iyana-Era, inward Agbara, along the Mile 2-Badagry Expressway. Preliminary findings indicate that the T4 commercial bus, bearing registration number LSD 668 YE, was traveling at an excessive speed toward Agbara when its braking system failed. This mechanical malfunction led to a rear-end collision with an LT commercial bus (BDG 728 YE), which was stationary while loading passengers at Iyana-Iba bus stop. In a commendable demonstration of rapid response, LASTMA officials successfully rescued five severely injured…
On this Christmas Day, Primate Ayodele, leader of the INRI Evangelical Spiritual Church, has shared a heartfelt message calling on Christians worldwide to reflect on the true essence of Christmas — love. In his message, Ayodele emphasizes the significance of the birth of Jesus Christ as a profound symbol of God’s undying love, mercy, and the ultimate gift to humanity. “Christmas is a time to celebrate the birth of our Lord and Savior, Jesus Christ, whose life and sacrifice brought salvation and redemption to all of humanity,” Primate Ayodele said. “It is a moment to remember God’s great love for…
As the world embraces the joy and warmth of the Christmas season, Adron Homes and Properties, Nigeria’s foremost real estate company, has extended heartfelt greetings to its esteemed customers while reaffirming its commitment to addressing the nation’s housing challenges. In a message of gratitude and celebration, Adron Homes expressed deep appreciation to its customers for their trust and loyalty throughout 2024. The company highlighted its unwavering dedication to making incredible housing affordable for all Nigerians, in line with its mission of reducing the country’s housing deficit. “Christmas is a time to celebrate family, unity, and gratitude,” the statement read. “As…
On behalf of the good people of Egbeda/Ona-Ara Federal Constituency, I, Hon. Akin Alabi, Chairman, House of Representatives Committee on Works, extend my congratulations to His Excellency, Abdullahi Umar Ganduje, PhD, CON, National Chairman of the All Progressives Congress (APC), on the joyous occasion of his 75th birthday. As the Chairman of The Only Functional Political Party in Nigeria, Dr Ganduja has displayed unparalleled political wizardry and sagacity, which have been instrumental in driving the success of the APC. The achievements recorded under his chairmanship stand as a testament to his vision, strategic leadership, and dedication to the progressive ideals…
Christmas message delivered through his media aide, Hameed Mustapha Ramadan, Hon. Akin Alabi, the representative of Egbeda/Ona Ara Federal Constituency, Chairman of the House committee on works, extended warm greetings to his constituents, urging them to embrace the spirit of peace, unity, and love this festive season. Hon. Alabi emphasized that Christmas is not just a time for celebration but also an opportunity to reflect on the values that bind the community together. “This season reminds us of the virtues of sacrifice, compassion, and humility as exemplified by the birth of Jesus Christ. Let us, as a constituency, continue to…
In the spirit of the festive season, Senator Yunus Akintunde has extended felicitations to all Christian faithful in the celebration of Christmas marking the birth of Christ. In a statement released to the media through Kunle Olatunji the Special Assistant on Media and Publicity to Senator Akintunde, he further enjoined on the need to ensure the prevalence of love and kindness towards humanity. “I share in the joy of the celebration of Christmas with our brothers and sisters while I like to emphasize that we must not lose the symbolic spirit of love which is the essence of Christ birth…