…Positions for Sustained Value Creation in Q4 and BeyondSterling HoldCo Delivers ₦341.7 Billion in Earnings as Profit Surges127%……Highlights Resilience and Operational Excellence Sterling Financial Holdings Company Plc (“Sterling HoldCo” or “theGroup”) has announced its unaudited financial results for the nine-month-periodended September 30, 2025, posting an impressive 127% year-on-year growth in profitafter tax (PAT) to ₦62.3 billion. The performance is testament to the Group’s robustearnings capacity, operational efficiency, and disciplined execution. The Group’s gross earnings rose by 44.1% to ₦341.7 billion (September 2024: ₦237.2 billion), driven by solid performances in both interest and non-interest income lines. Interest income grew by 38.7%…
Author: Oluwatoyin Mathnuel
. First Bank of Nigeria Limited (FirstBank), Nigeria’s premier and leading financial inclusion services provider, has announced the launch of the Verve Flash Promo, a special initiative rewarding customers with free Verve cards. The campaign, which commenced on 6 October 2025, and will run until 30 January 2026, is exclusively targeted at FirstBank customers whose ATM cards have expired. The free cards will be issued daily to 131 customers on a first-come, first-served basis across the Bank’s branches, nationwide. FirstBank’s unwavering commitment to convenience, accessibility, and customer satisfaction. Speaking on the rewards to FirstBank customers, Chuma Ezirim, the Group Executive,…
In an emphatic manifestation of its relentless commitment to urban regeneration, environmental rectitude, and the safeguarding of public order, the Lagos State Government has executed a sweeping enforcement exercise that led to the dislodgement of illegal squatters, demolition of over 200 illegal shanties, and evacuation of derelict vehicles sprawling around Apapa Road, Ijora, and Costain under bridges. The large-scale clearance operation, meticulously coordinated through a synergy of inter-governmental agencies, was spearheaded by the Special Adviser to the Governor on Transportation, Hon. Sola Giwa. The exercise strategically targeted the reclamation and sanitization of critical public spaces that had been desecrated by…
In a series of coordinated operations across Delta State, operatives of the Command have recorded significant successes in the ongoing fight against armed criminality, kidnapping, and illegal possession of ammunition. The latest breakthroughs, achieved through intelligence-led policing and swift tactical response, were recorded in Bomadi, Asaba, and Ubeji communities. On 30th October 2025 at about 1230 hrs, operatives of the Bomadi Division, under the command of DPO, CSP Adie Peter Bissong, while on a joint stop-and-search operation with the Bomadi Vigilante, intercepted a motorcycle along the Bomadi–Tuomo Road. The cyclist, who appeared uneasy, was conveying a 62-year-old woman, later identified…
Access Holdings PLC (“the Group” or “the Company”) today announced its nine-month ended September 30, 2025 (“Q3 2025”) results, recording gross earnings of ₦3.9trillion, which represented a rise by 14.1% year-on-year over ₦3.4trillion as at Q3 2024. This performance was driven by sustained growth in both interest and fees and commission, reflecting the strength of the Group’s diversified earnings base and improved performance from core operations across its banking and non-banking businesses. Maintaining the same momentum, gross earnings rose by 56.2% quarter-on-quarter from ₦2.5trillion as at Half Year (H1) 2025. Interest income rose by 21.1% year-on-year to ₦2.9 trillion in…
President Bola Ahmed Tinubu, GCFR, has executed the relevant instruments of release to complete the process of formally exercising his constitutional power of prerogative of mercy to grant pardon and clemency to specific individuals who were earlier convicted for various offences. Following consultations with the Council of State and public opinion on the matter, the President directed a further review of the initially approved list for consideration in furtherance of the President’s discretionary powers under Section 175(1)(&(2) of the 1999 Constitution (as amended). Consequently, certain persons convicted of serious crimes such as kidnapping, drug-related offences, human trafficking, fraud, unlawful possession…
Delta State Command has tightened the net on violent crime with two decisive operations that led to arrests and the recovery of multiple firearms and ammunition. The actions, driven by credible intelligence, sent a clear signal to cult groups and robbery syndicates that the State is not a safe harbour. On 25th October 2025 at about 1800hrs, a resident of Aviara community, under Oleh Division, reported that on 22nd October 2025 at about 0812hrs, a video depicting suspected Eiye cult activity was posted on a WhatsApp group known as “Real Men”. Upon receipt of the report, the Divisional Police Officer…
By Christian ABURIME Politics is that volatile turf where sentiments, propaganda, and innuendos often take centre stage in an election season. In this part of the world, the political game gets even more sinister as heightened sensibilities rush to react to every contentious news story to create warped impressions that desperate politicians exploit to denigrate their opponents. Thus is the perfect example of those making a mountain out of a molehill. Now, in the lead-up to the Anambra State governorship election on November 8, Governor Chukwuma Charles Soludo has been unfairly attacked with allegations of vote buying via incentivisation. The…
A House of Representatives committee says terrorists have threatened to bomb the national assembly. Garba Muhammad, chairman of the committee on internal security of the national assembly, spoke during a public hearing on Tuesday. The hearing was organised to consider a bill seeking to establish the legislative security directorate in the national assembly, which will outline the qualifications and conditions of service for the sergeant-at-arms and other personnel. As alarming as this information is, Nigerian prophet, Primate Elijah Ayodele, had warned about a bomb attack in Abuja some months ago. In a video released on his social media pages, the…
Nestlé Nigeria PLC has announced strong financial results in its 9-Month report, driven by high growth. Key highlights for January to September 2025 Results :Revenue Growth: Nestlé Nigeria PLC saw a robust 33% increase in revenue, totaling N884.5 billion compared to 9M of 2024.Operating Profit: The operating profit grew to N181.3 billion, a 63.6% increase from N110.8 billion in 9M of 2024.Profit Before Tax: The profit before tax reached N127.9 billion, in contrast to the loss of – N255.4 billion in the same period of 2024.Profit After Tax: The profit after tax amounted to N72.5 billion, compared to a loss…