…Set to reward 131 Nigerians in first monthly draw of 2025* Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, is set to reward 131 customers across Nigeria with N11,000,000 in cash prizes, in its first 5 for 5 Promo Season 4 monthly draw of the year happening in Warri, Delta State, on January 24, 2025. Launched in 2021, the 5 for 5 Promo is a reward initiative introduced by Wema Bank to reward its diverse range of customers for active loyalty to the brand, its products, and offerings. The 5 for 5 Promo…
Author: Lilian Azuh
The equity market rebounded on Thursday from its previous session’s loss, gaining N53 billion. Investor interest in key stocks such as Dangote Cement, FBN Holdings, Guaranty Trust Holding Company, GTCO, and Fidelity Bank, alongside other advancing equities, contributed to the market’s positive performance. The market capitalisation increased by N53 billion, or 0.09 per cent rising from N62.257 trillion at the opening to N62.310 trillion at the close. Similarly, the All-Share Index, ASI, advanced by 0.09 per cent, gaining 87.11 points to close at 102,183.06, compared to 102,095.95 reported on Wednesday. This performance brought the Year-To-Date, YTD, return to 0.72 per…
The Nigerian government, through the efforts of the National Information Technology Development Agency, (NITDA) and the Nigerian Financial Intelligence Unit, (NFIU) have kick-started an initiative that would ensure the exclusion of the country from the Action Task Force (FATF) Grey List by May 2025. The initiative was a directive of the President to request of the NFIU to develop and implement an Anti-Money Laundering/Counter Financial Terrorism/Counter Proliferation of Firearms Data Management Framework and Platform in collaboration with NITDA. In Abuja yesterday, at NITDA Headquarters, the inaugural technical session to kick start the process, NITDA Director General, Kashifu Inuwa, CCIE disclosed…
In a strategic move to sustain its impressive performance, leading financial institution Fidelity Bank Plc has announced significant changes to its Board of Directors, effective January 14, 2025. According to a regulatory filing on the corporate disclosure portal of NGX Regulation Limited, the Bank has received the Central Bank of Nigeria’s (CBN) approval to appoint Alhaji Abdullahi Sarki Mohammed as an Independent Non-Executive Director, Ms. Obiaku Augusta Okam as a Non-Executive Director, and Mr. Sufiyanu Ibrahim Garba as an Executive Director, all effective January 14, 2025. Alhaji Mohammed brings over 36 years of experience in financial services, public administration, and…
(VOL 3, NO 23) Combination of black and white outfits, that effortlessly command attention.
(VOL 3, NO 22) 2025: Classic Men’s fashion Ideas Update your wardrobe with timeless pieces. The goal here is to assemble a collection of top designs that are easy to style with choice outfits. The foundation of every good wardrobe is a solid and classic collection of shirts. Vibrant and sophisticated colors.
PM Starmer Many Nigerians are reportedly being hired as prison officers in the United Kingdom, UK as the British government seeks to address staffing shortages in overcrowded prisons. According to The Telegraph, the UK prison service is now sponsoring skilled worker visas for the first time, as a result of a rule change that allows them to recruit from abroad. Prison governors disclosed that many of the new recruits come from Nigeria, with some skilled workers switching to the role from other visa routes. However, many of these workers soon arrive in the UK only to encounter accommodation challenges, upon realizing that…
Dangote Petroleum Refinery has announced an adjustment in its pricing structure for Premium Motor Spirit (PMS), also known as petrol. In a notice on Friday titled, “Communication on PMS Price Review”, the refinery announced the new pricing structure setting the new bulk purchase rate at N955 per litre for customers purchasing between 2 million and 4.99 million litres.Bulk buyers acquiring 5 million litres or more will now pay N950 per litre, according to the notice.This price adjustment reflects a 6.17% increase, or N55.5 per litre, compared to the discounted rate of N899.50 per litre offered during December 2024’s holiday period. The…
Mbappe Former Paris Saint-Germain forward Neymar has revealed that Kylian Mbappé became “a little jealous” after Lionel Messi joined the French club in August 2021. Neymar made the statement on Thursday during a podcast hosted by Brazilian World Cup winner Romário, where he shared insights about life at PSG and the dynamics within their star-studded front three. Neymar, who joined PSG for a world-record £222 million transfer fee in 2017 after his successful stint at Barcelona, admitted there were tensions between him and Mbappé but described their relationship as generally positive. “He’s not annoying,” Neymar said in response to Romário’s…
Football Adeyemi Adewale, a 29-year-old footballer, tragically lost his life during the 5th Isiaka Adeleke Memorial Cup final held in Osun State. The incident occurred on Thursday, January 16, 2025, at the Ataoja School of Science field, where the tournament was organized to honor the memory of Governor Ademola Adeleke’s late elder brother, Isiaka Adeleke. The game coincided with his 29th birthday. Adewale, who was representing the Ilesa West Football Team, reportedly collapsed during the match against the Ejigbo Team. The tragic event has cast a shadow over the memorial tournament, leaving fans and participants in mourning.” The corpse has…