Wema Bank PLC (Bloomberg: Wema NL) (“Wema” or “the Bank”) announces completion of its second tranche of N50billion capital raise.• N50billion Special placement subscribed by 100%• Total Qualifying Capital now N264billion; above N200bn threshold• Bank further surpasses regulatory requirements for Commercial Bank with National Authorization Wema Bank Plc is pleased to announce that it has received all requisite regulatory approvals for its ₦50 billion Private Placement capital raise. This is in addition to the earlier ₦150bn Rights Issue that was successfully completed in September 2025. The Bank now has a total of ₦264.87billion in qualifying capital, above the minimum requirement…
Author: Oluwatoyin Mathnuel
The Lagos State Traffic Management Authority (LASTMA) has once again affirmed its preeminent status on the national stage of traffic governance and road safety enforcement, emerging as the distinguished recipient of the Nigeria Transport and Logistics Leadership Award 2025 in the coveted category of “State Traffic Management Agency of the Year.” This illustrious accolade follows a rigorous nationwide nomination process coupled with an extensive online voting exercise across diverse media platforms, culminating in LASTMA’s resounding selection as Nigeria’s foremost traffic management institution. The award serves as a profound testament to the Authority’s unwavering commitment to operational excellence, innovative service delivery,…
A new chapter in African art history opened this week at Tate Modern, London, with the unveiling of Nigerian Modernism, a landmark exhibition made possible through a partnership with Access Holdings Plc and Coronation Group. The exhibition, which officially began with an opening reception at Tate Modern, celebrates Nigeria’s pivotal contribution to global modern art and runs from October 2025 to May 2026. Bringing together 50 artists and 250 works, Nigerian Modernism traces the evolution of Nigeria’s modern art movement from the 1940s to the 1980s, spanning the late colonial era through independence, and showcases paintings, sculptures, ceramics, textiles and…
CP OLUFEMI ABANIWONDA CAUTIONS YOUTHS TO DESIST FROM ABUSING DRUGS AS IT’S DETRIMENTAL TO THEIR HEALTH AND WELL-BEING The commissioner of Police, Delta Staten CP Olufemi Abaniwonda, while commending the gallantry of the DPO and his men, also advises youths to desist from crime, drug abuse, which is also one of the main drivers of crime. The CP also cautions that drug abuse is detrimental to the health and well-being of abusers hence should be avoided.
The Centre for Infrastructural and Technological Advancement for the Blind CITAB is calling on all levels of government, organizations, and the wider community to finally wake up and prioritize accessibility and safety for blind and visually impaired Nigerians, in line with the 2025 White Cane and Safety Day, theme: “Vision Beyond Sight: Celebrating Independence, Resilience, and Recognizing Achievements of the Blind”. In a press statement issued in Lagos today and signed by its Executive Chairman, Jolomi George Fenemigho, CITAB noted that White Cane and Safety Day, marked annually on October 15th, serves as a timely reminder that breaking barriers for…
Pivot Nigeria: Reframing the Lens is a national thought-leadership platform created to reset Nigeria’s reputation agenda. Powered by HighStakes PublicRelations Professionals (HighStakes PR Professionals), Pivot Nigeria catalyses dialogue to inspirepride, amplify authentic narratives, and co-create a stronger, more balanced Nigeria narrative.The inaugural Pivot Nigeria Conference held recently, brought together thought leaders, innovators,journalists, entrepreneurs and youth to emphasize the urgent need for Nigerians to own and shapeNigeria’s narrative. The conference blended high-impact keynotes, panels and hands-on co-creationlabs to inspire action.Urging attendees to become ambassadors of truth and optimism for Nigeria, Pivot Nigeria convener,Victoria Uwadoka-Anyianuka set the tone: “We are not here…
The United States Army War College (USAWC) has posthumously conferred one of its highest international honours on the late Lieutenant General Taoreed Abiodun Lagbaja, the 23rd Chief of Army Staff (COAS) of the Nigerian Army, with his induction into the prestigious International Hall of Fame (IHOF). The distinguished recognition, which took place on Monday, 13 October 2025, was conferred during the opening ceremony of the ongoing Association of the United States Army (AUSA) Annual Convention at the Walter E. Washington Convention Centre, Washington D.C., United States of America. In a solemn but yet colourful ceremony, the Commandant of the USAWC,…
Fidelity Bank’s market leadership has been affirmed once again as the tier-one lender bagged double honours at the BusinessDay Bank and Other Financial Institutions’(BAFI) Awards 2025. At the awards ceremony, which was held at the Lagos Continental Hotel, Victoria Island, Lagos on Saturday, 11 October 2025, Fidelity Bank was presented with the awards for the “Best Bank for Export & Trade Finance” and “Most Innovative Bank of the Year”. Dedicating the Export and Trade Finance Award to its customers, the Managing Director/Chief Executive Officer, Fidelity Bank Plc, Dr Nneka Onyeali-Ikpe,OON, who was represented by the Executive Director/Chief Operations and Information…
The Distinguished Senator representing Oyo Central Senatorial District, Senator Dr. Yunus Akintunde, has been named Best Senator of the Year by the Nigeria Union of Journalists (NUJ), Oyo State Council. In a statement signed by Comrade Demola Babalola, Chairman of the Oyo State Council of NUJ, the union explained that Senator Akintunde was selected for the prestigious honour following a thorough assessment of his sterling performance, impactful representation, and commitment to public service as a first-term senator in the 10th National Assembly. According to the NUJ statement: “Given your contributions to the development of the society, Oyo State, and Nigeria…
As part of activities marking the 2025 Press Week of the Nigerian Union of Journalists (NUJ), Oyo State Chapter, a delegation of journalists paid a courtesy visit to Adron Homes and Properties Limited, Nigeria’s leading real estate development firm. The Press Week, slated for October 12th to 17th, 2025, in Ibadan, focuses on strengthening media engagement and celebrating excellence in journalism. The visit aimed to foster collaboration between the NUJ and Adron Homes in promoting public awareness of housing and real estate investment. Led by the Oyo State NUJ Chairman, Comrade Ademola Babalola, the delegation was warmly received by the…