It’s FIRSTBANK’S finest hour, dazzles stakeholders with growth across key metrics
Rising from a lower profit margin of N10.2billion and a debilitating Non-Performing Loan portfolio of 45 percent in 2015, to an impressive profit of N147billion and a significantly lowered NPL rate of 5.6 percent in 2022, FirstBank has proven that its back-to-back profit-making is far beyond recoveries made, but rather it’s a reinforcement of a well-articulated growth trajectory driven by a committed, competent and experienced Board and management team, writes Festus Akanbi
Sanwo-Olu re-appoints Ayinde as Chief of Staff, Salu-Hundeyin replaces Jaji as SSG
Lagos State Governor, Mr. Babajide Sanwo-Olu, has re-appointed Mr. Tayo Ayinde and Mr. Gboyega Soyannwo as Chief of Staff and Deputy Chief of Staff respectively.
International Banker Awards 2023: Zenith Bank GMD, Ebenezer Onyeagwu wins Best Banking CEO of the Year in Africa
The Group Managing Director/Chief Executive Officer of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, has been named ‘Best Banking CEO of the Year in Africa’ in the International Banker 2023 Banking Awards. The award, published in the Spring 2023 Issue of the International Banker Magazine, sees Dr Onyeagwu honoured alongside other individuals and banks from the Middle East and Africa.
Wema Bank appoints Olorunshola as Board Chairman
The Board of Directors of Wema Bank has appointed Dr. (Mrs.) Oluwayemisi Olorunshola as its new Board Chairman, while assuring of improved performance.
E-hailing drivers increase transport fares by 200 percent
Workers in the e-hailing services sector have reviewed transport fares upward by 200 percent. It also set N2000 as the minimum cost for a trip following the removal of fuel subsidy by the Federal Government.
10th Assembly: Lagos 9th Assembly Ends, Lawmakers-elect Declare Obasa to Speak Again
The ninth session of the Lagos State House of Assembly (LSHA) officially ended on Friday with the returning lawmakers and lawmakers-elect all declaring support for Dr. Mudashiru Obasa as Speaker of the 10th Assembly.
Sanwo-Olu, Hamzat declare assets ahead May 29 inauguration
Lagos State Governor, Mr. Babajide Sanwo-Olu and his deputy, Dr. Obafemi Hamzat on Saturday submitted their Asset Declaration Forms.
Why corporal was arrested after opting to resign – Lagos Police Command
The Lagos State Police Command Spokesman, Benjamin Hundeyin, on Friday, disclosed why the force has denied the resignation of a female officer, Corporal Fauzziyah Ebunoluwa Isiak.
Sanwo-Olu dissolves cabinet, relieves aides ahead of May 29 swearing-in
Governor Babajide Sanwo-Olu of Lagos State, on Wednesday, ordered the dissolution of the state executive cabinet with effect from Friday, the 26th of May, 2023.
Ecobank: Shareholders approve all resolutions at ETI’s 35th AGM, EGM
Shareholders at the Ecobank Transnational Incorporated (ETI) 35th Annual General Meeting (AGM) and an Extra Ordinary General Meeting on Wednesday approved the accounts and the appropriation of profits for 2022.