Category: Business

Feb

2025

Unity Bank Posts N59.3B in Gross Earnings, Grows Deposits by 23% in 2023 FY

Business#CBN, #Development, #Recapitulation, #Unitybank

Unity Bank Posts N59.3B in Gross Earnings, Grows Deposits by 23% in 2023 FY Retail lender, Unity Bank Plc posted gross earnings of N59.3 billion for the full year ended December 31, 2023, representing a growth of 3.84% year-on-year. In its audited financials submitted to the NGX Group Limited, the Bank also witnessed improvements across key performance indicators, including a significant appreciation of customer deposits by 23% to N402.9 billion from N327.4 billion within the period under review – an indication of sustained retail growth and customer confidence. Other key highlights of the full-year results include the total assets which…

Feb

2025

By Famous Reporters

10TH ACCESS BANK LAGOS CITY MARATHON: Access Bank Restates Commitment to Community, Sustainability

Business#AccessBank, #LateHerbertNwigwe

Access Bank PLC proudly celebrated the 10th anniversary of the Access Bank Lagos City Marathon last Saturday, highlighting the platform’s ability to foster unity, promote healthy lifestyles, and showcasing African excellence on the global stage. Since its inception in 2016, the marathon has evolved into a premier event, attracting participants from across the continent and beyond.This year’s event, themed, “Miles to Memories,” was particularly significant as it honoured the legacy of the late Herbert Wigwe, former Group Chief Executive Officer of Access Holdings PLC. Wigwe's visionary leadership was instrumental in establishing the Access Bank Lagos City Marathon, and ultimately transforming…

Feb

2025

By Famous Reporters

PCC Extols Julius Berger for Zero Complaints

Business#JuliusBerger

PCC Extols Julius Berger for Zero Complaints The Public Complaints Commission has hailed construction firm Julius Berger Nigeria Plc for its compliance with regulations and its track record of zero public complaints. The Commission’s Federal Capital Territory Commissioner, Musa Dikko, stated in a statement that the company deserves an award for its commitment to excellence in construction and labour relations. Speaking during a courtesy visit to Julius Berger’s headquarters on Wednesday, Dikko highlighted the company’s long-standing reputation for quality and fairness.“Our joy is that every construction done by Julius Berger Nigeria Plc is nearly perfect. I say ‘nearly’ because they say…

Feb

2025

By Famous Reporters

Ecobank Partners with Code 14 Labs to Enhance Digital Training for Students

Business#EcoBank

Ecobank Partners with Code 14 Labs to Enhance Digital Training for Students Lagos, February 23, 2025 - Ecobank Nigeria, a subsidiary of Ecobank Group, has teamed up with Code 14 Labs to expand the accessibility and reach of coding education for children across Nigeria. The partnership leverages Code 14 Labs’ interactive coding workbooks, including the "Andrew Teaches" coding workbook, along with its network of trained teachers, to offer affordable annual training and proficiency certification to students. As part of this collaboration, Ecobank will provide nationwide and pan-African access to coding education, utilizing its extensive operational network across the continent. In…

Feb

2025

By Famous Reporters

Access Bank Lagos City Marathon 2025: A Tribute to Wigwe Legacy

Business#AccessBank, #AccessBankLagosCityMarathon2025, #AssociationofInternationalMarathonsandDistanceRaces, #LateHerbertNwigwe

Access Bank Lagos City Marathon 2025: A Tribute to Wigwe Legacy As Lagos gears up for the highly anticipated Access Bank Lagos City Marathon on Saturday, February 15, 2025, excitement and emotion run high. This year’s edition is much more than a race, it is a moving tribute to legacy and a celebration of resilience. Under the evocative theme "Miles to Memories," every stride taken by the runners transforms physical distance into lasting recollections, blending athletic endurance with heartfelt remembrance of a visionary leader. A Race that Transcends the Finish LineSince its inaugural run in 2016, the Access Bank Lagos City…

Feb

2025

By Famous Reporters

FIRST YEAR MEMORIAL: World leaders, Associates, others Eulogise Herbert Wigwe

Business#AccessBank, #BabajideSanwo-Olu, #LateHerbertNwigwe, #OlusegunObasanjo

FIRST YEAR MEMORIAL: World leaders, Associates, others Eulogise Herbert Wigwe Eminent Nigerians and Global Leaders on sunday evening, remembered banking icon Herbert Wigwe in an evening of tributes and celebration of his life and legacy. It was the first anniversary of his passing in a helicopter accident in Southern California on February 9, 2024 He died along with his wife, Doreen, son Chizi and friend, Abimbola Ogunbanjo. The four-hour memorial service, held at the ballroom of the Eko Hotel, Victoria Island, Lagos, also featured prayers, musical performances and ministration by Lagos preacher, Pastor Itua Ighodalo. There was also a keynote…

Feb

2025

By Famous Reporters

Building Legacies: Herbert Wigwe’s Impact on African Banking

Business#AccessBank, #HerbertWigwe, #PanAfrica

Building Legacies: Herbert Wigwe’s Impact on African BankingBy Abimbola Richard Herbert Wigwe was more than a banker—he was a visionary, who reshaped Africa’s financial landscape. As a major driving force behind Access Bank’s transformation into a global powerhouse, he revolutionised corporate banking, championed financial inclusion, and set new standards for excellence. Under his leadership, Access Holdings became a model of resilience, innovation, and expansion, solidifying its place as one of Africa’s most formidable financial institutions.One year after his passing, his legacy remains deeply woven into the fabric of the banking sector. His contributions extended beyond financial growth—he redefined what it meant…

Jan

2025

By Famous Reporters

Access Bank Clinches THISDAY’s ‘Global Bank Of The Year’ Award

Business#AccessBank, #THISDAY

Access Bank Clinches THISDAY’s ‘Global Bank Of The Year’ Award, Aig-Imoukhuede Named ‘Titan Of The Year’ Access Bank PLC (‘the Bank’), the flagship subsidiary of Access Holdings PLC (‘the Company’), has been honoured with the prestigious THISDAY Global Bank of the Year award for 2024, recognising its significant impact on the global banking landscape. In addition, Aigboje Aig-Imoukhuede, Chairman of Access Holdings, received the distinguished THISDAY Titan of the Year award for his exceptional contributions to the banking sector in 2024. At THISDAY Awards 2025, Access Bank emerged victorious, surpassing African Export-Import (AFREXIM) Bank and United Bank for Africa (UBA) to…

Jan

2025

By Famous Reporters

Eunisell Interlinked Plc Reports Continued Growth in Half-Year Financial Results

Business#EunisellInterlinkedPlc

Eunisell Interlinked Plc Reports Continued Growth in Half-Year Financial Results Eunisell Interlinked Plc, a provider of electrical and electronic solutions, has published its unaudited financial results for the six months ending 31 December 2024. According to the statement filed with the Nigerian Exchange Limited, the company’s revenue, covering the periods from July to December 2024, increased by 961%, rising to ₦974 million from ₦91 million in the same period of 2023. Profit Before Tax (PBT) increased to ₦267 million, marking a significant recovery from a loss of ₦13 million in the second half of 2023. This improvement is part of…

Jan

2025

By Famous Reporters

Jubilations, as Zenith Bank Promotes Over 4,000 Staff, Increases Salary By 20% – 30%

Business#ZenithBank

Jubilations, as Zenith Bank Promotes Over 4,000 Staff, Increases Salary By 20% - 30% One of Africa’s leading financial institutions, Zenith Bank has reaffirmed its dedication to employee welfare by announcing the promotion of over 4,000 staff members and implementing salary increases ranging from 20% to 30% across various employee grades. This bold initiative, under the leadership of Managing Director/CEO Dame Adaora Umeoji, its aimed at boosting staff morale and productivity. With over 8,000 employees, this significant investment in human capital reflects Zenith Bank's belief that its workforce is its most valuable asset. The salary adjustments, effective January 1, 2025, aim to reward…