…Declares ₦221.85bn Profit Before Tax, ₦1.25 Dividend, Total Assets hit ₦5 trillion mark. Wema Bank, Nigeria’s oldest indigenous bank, most innovative and pioneer of Africa’s first fully digital bank, ALAT, has released its FY 2025 Audited Financial Results, achieving record-breaking growth and unparalleled performance across several key metrics. Key figures include the doubling of the Bank’s Profit Before Tax (PBT) from ₦102.5bn in FY 2024 to ₦221.9bn, an impressive 116.4% increase. Profit After Tax (PAT) also surged by 125.4% from FY 2024’s ₦86.2bn to ₦194.5bn. Total assets also reached the 5 trillion mark, with the attainment of ₦5.07tn,…
Author: Oluwatoyin Mathnuel
PHOTO L-R: Prof. Shadrach Olufemi Akindele, Vice Chancellor, Redeemers University, Engr. Eloka Eje, Dr Perez Araka, Pastor (Mrs) Folu Adeboye, Mother-In-Israel, The Redeemed Christian Church of God, Mr Ade Buraimo, MD/CEO Alpha Morgan Bank, Dr (Mrs) Oluwatomi Somefun, Dr. Simeon Ifere, at the inauguration of the Redeemer’s University Business School, Redemption City, Ogun State on Thursday 2nd April, 2026 Alpha Morgan Bank has reaffirmed its commitment to education and institutional development through its support for the commissioning of the Redeemer’s University Business School. The Business School was officially inaugurated by Pastor (Mrs.) Folu Adeboye,…
The Speaker of the Kebbi State House of Assembly, Muhammad Usman Zuru, is dead. Zuru died on Monday night in an Egyptian hospital where he had been receiving treatment for an undisclosed illness. His death was confirmed by sources close to the Kebbi State Government, although details surrounding his illness were not disclosed. Until his death, he represented Zuru Constituency in the state assembly and was regarded as a key figure in the legislature. His death, though unfortunate, has fulfilled the prophecy of Nigerian prophet, Primate Elijah Ayodele which he shared towards the new year regarding house of assembly…
Sterling Bank, through its women focused initiative, OneWoman, convened a powerful gathering of women entrepreneurs, development finance institutions, ecosystem leaders, and business stakeholders at the Funding Her Future Breakfast Dialogue in Lagos. The session brought together voices from across sectors for a focused and necessary conversation on how to unlock more inclusive and effective financing pathways for women led businesses in Nigeria. At its core, the dialogue was not just about access to capital. It was about building the right systems around women entrepreneurs. Conversations explored how financing, business readiness, ecosystem support, and institutional partnerships must come together…
In a series of decisive, intelligence-driven operations aimed at dismantling criminal networks and reinforcing public safety, the Delta State Police Command has recorded notable successes across different parts of the State, leading to the arrest of suspects and recovery of firearms, illicit drugs, and dangerous weapons. 1. ARREST OF SUSPECTED KIDNAPPER/ARMED ROBBER, CULTIST AND DRUG PEDDLER; RECOVERY OF FIREARM AND ILLICIT DRUGS On 04 April 2026 at about 1300hrs, operatives of the Raiders Unit, acting on credible intelligence, raided a suspected criminal hideout at Ika South Local Government Area, Agbor. The operation led to the arrest of one Henry…
The Itsekiri Youths for Good Governance (IYGG) has urged President Bola Tinubu to reject mounting pressures for the decentralisation of pipeline surveillance contracts in the Niger Delta, describing the campaign as a veiled attempt by criminal elements to infiltrate and exploit the nation’s oil infrastructure. In a public statement issued on Monday, the group characterised the push for regional redistribution of surveillance contracts as a “dangerous and self-serving” agenda driven not by genuine equity concerns but by vested interests seeking access to pipelines for illegal bunkering and crude oil theft. The group recalled the turbulent years of Niger Delta…
At this point, it’s either that some security operatives are interested in the death of innocent Nigerians, or they are not just interested in taking their jobs seriously, because there is no reason anyone should be killed anyhow in Nigeria anymore. It has become a culture in Nigeria that even when security operatives receive intel about a particular incident before it happens, they would still not do anything to prevent it from happening. This is the situation of the Easter Sunday killings that happened in Kaduna state. Primate Ayodele had in a prophetic session a few days ago called…
The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has stated that Christianity has been reduced to a means of extorting church members by some pastors. In an Easter message signed by his media aide, Osho Oluwatosin, Primate Ayodele made it known that there is too much hate among churches and leaders are more concerned about beautiful edifices instead of instilling the teachings of Jesus Christ. He stated that there isn’t religious tolerance and religion is one of the things killing and bringing woes to the worship of Christians. “There is no love in Christianity, there is no…
Wema Bank Unveils New Jingle for ALAT: The Evolution Wema Bank has introduced a new jingle to mark the next phase of its digital banking journey, tagged the ALAT: The Evolution jingle. Designed to capture the energy of a smarter and more seamless banking experience, the jingle is bright, catchy, and full of life. It reflects a platform built to simply work, pairing sound with innovation as ALAT: The Evolution steps forward with enhanced features and a refreshed user experience. Everyday banking can often feel routine or even stressful, with multiple steps and delays slowing things down. The…
In a momentous occasion that underscores the rapid infrastructural advancement of Ogun State, renowned real estate mogul and philanthropist, Aare Adetola Emmanuelking, warmly received the President of the Federal Republic of Nigeria, Bola Ahmed Tinubu, at the official commissioning of the Gateway International Airport, located in Iperu-Remo. The landmark event, held under the visionary leadership of the Ogun State Governor, Dapo Abiodun, marks a significant stride in the state’s economic transformation agenda, positioning Ogun as a key hub for aviation, commerce, and investment in Nigeria. Aare Emmanuelking, who is also the Chairman/CEO of Adron Homes and Properties, commended…