The First Bank of Nigeria Limited, with Rotary Club International, District 9110, has distributed N20 million worth start-up kits to 102 beneficiaries in Lagos to empower them across various trades. The News Agency of Nigeria (NAN) reports that start-up kits distributed included: grinding machines, plumbing kits, deep freezers, sewing machines, generators, gas burners and cylinders, barbers and hairdressers kits, among ...

Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR (Centre) flanked by the Group Managing Director/Chief Executive, Dr. Ebenezer Onyeagwu (Left) and the Deputy Managing Director, Dame (Dr.) Adaora Umeoji, OON (Right) during the 33rd Annual General Meeting of the bank held at The Civic Centre, Victoria Island, Lagos yesterday. Shareholders of Zenith Bank Plc, have approved the proposed ...

Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2024, with an impressive triple-digit growth of 189% in Gross Earnings, from ₦270 billion reported in Q1 2023 to ₦781 billion in Q1 2024. This is despite the challenging operating environment and tightening monetary policy stance. From the unaudited statement of account submitted to the ...

Zenpay Limited, a wholly owned subsidiary of Zenith Bank Plc, has signed an Agreement with the African Continental Free Trade Area (AfCFTA) Secretariat for the development and deployment of the SMARTAfCFTA Portal to facilitate trade within the African continent. The agreement which was signed by the Chairman of Zenpay Limited, Dr. Ebenezer Onyeagwu and the Secretary-General of the AfCFTA Secretariat, ...

Truetells Nigeria reports that Nwachukwu Placidus, a former bank manager at FCMB, Onitsha branch has been sentenced to 121 years in prison for embezzling N112 million from a customer’s fixed deposit account. This comes after he diverted fixed deposit funds totalling N112,100,000 (One Hundred and Twelve Million, One Hundred Thousand Naira only) from a customer for his personal gain. The ...

A scandal has rocked Stanbic Bank’s Soroti branch, revealing a network of sexual activity among staff members. The controversy revolves around a female staffer, known as Ademun, whose transfer from Kotido to Soroti sparked excitement among male colleagues. One by one, they pursued romantic relationships with her, leading to intimate encounters. Reports indicate that even employees from the Soroti regional ...

Queues have begun to vanish from filling stations across Nigeria’s major cities after the Nigerian National Petroleum Company Ltd intervened in the logistic issues that had breached the supply of premium motor spirit (PMS). Findings by this newspaper across filling stations in Abuja showed that queues are disappearing and normalcy has returned. Queues have disappeared from most filling stations across ...

The federal government last night approved a pay rise of between 25 and 35 per cent for civil servants across various consolidated salary structures. According to Daily trust, The announcement was made on the eve of May Day, or Labour Day, which is celebrated worldwide to recognise and honour the achievements and contributions of the working class. The announcement came ...

The Joint Admissions and Matriculation Board, JAMB, has released the 2024 Unified Tertiary Matriculation Examination results. Over 1.94 million candidates registered and sat the examination in 118 towns and over 700 centres across the country. The Registrar of JAMB, Prof. Ishaq Oloyede announced the release of the UTME results at a press conference held at the board’s headquarters, Bwari, in ...

Shareholders of Zenith Bank Plc unanimously approved the restructuring of the Bank to a holding company during a court-ordered Extraordinary General Meeting (EGM) held virtually from Zenith Heights, Zenith Bank Plc, Victoria Island, Lagos, on Friday, April 26, 2024. In accordance with the Scheme of Arrangement dated March 28 2024, pursuant to Section 715 of the Companies and Allied Matters Act (CAMA), 2020 ...