Category: Business
Wema Bank Reports Audited FY 2024 Results: Profit Before Tax Surges 135% to ₦102.5bn; Proposes ₦1.00 Dividend; Launches ₦150bn Rights Issue in April 2025
Wema Bank Nigeria has published its audited Consolidated Financial Statements for the year ended December 31, 2024, submitting the report to the Nigerian Exchange Group [more…]
Wema Bank Empowers 131 Women with ₦11 Million in 5 for 5 Promo
Strengthening its reputation as a pro-women and inclusion-focused institution, Wema Bank—Nigeria’s leading innovative bank and the pioneer of Africa’s first fully digital bank, ALAT—has awarded [more…]
UST IN: House of Reps Approves Tax Reform Bills
House of Representatives The House of Representatives on Tuesday passed the four tax reform bills transmitted to the National Assembly in October 2024 by President [more…]
Wema Bank Celebrates International Women’s Day 2025 …Hosts HeForShe Awards, Big Sister Programme Graduation, and More
Wema Bank, Nigeria’s leading innovator and creator of Africa’s first fully digital bank, ALAT, celebrated International Women’s Day 2025 with a grand event on March [more…]
TCN Reports Power Generation Peak at 5,801.84MW
A file photo of a powerline. The Transmission Company of Nigeria has announced an increase in power generation to 5,801.84 megawatts. A statement signed [more…]
FEC Approves ₦10.3bn for HIV Drugs, Diabetes Kits, and More
President Bola Tinubu presides over the Federal Executive Council meeting at the Presidential Villa Abuja on November 14, 2024. Credit: State House/ @aonanuga1956 The [more…]
Dangote Refinery Lowers Petrol Price to ₦890 Per Litre in Lagos
The Dangote Refinery was commissioned in May 2023. X@Engr_Abdulmalik The management of Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium [more…]
One-Third Of Musk’s DOGE Staff Resign In Protest
(FILES) Tesla and SpaceX CEO Elon Musk speaks at a rally for former US President and Republican presidential candidate Donald Trump at Madison Square Garden [more…]
AI To Replace 4,000 Jobs In South-East Asia’s Largest Bank
(FILES) This illustration picture shows icons of Google’s AI (Artificial Intelligence) app BardAI (or ChatBot) (C-L), OpenAI’s app ChatGPT (C-R) and other AI apps on [more…]
Akpabio: Tax Reform Bills Are Nigeria’s Future, We Must Get Them Right
Senate President, Godswill Akpabio The President of the Senate, Senator Godswill Akpabio, has emphasized the critical role of the tax reform bills currently under public [more…]