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Press Release
FCMB Shareholders Approve Capital Increase, Double Dividend Payout at AGM
FCMB Group Plc's shareholders gathered at the company's 11th Annual General Meeting (AGM) on Monday and voted to significantly boost the company's capital reserves. Shareholders approved a plan to nearly double the bank's issued share…
Google Hustle Academy Returns with AI Boost for African SMBs
Applications are now open for the 2024 cohort of Google Hustle Academy, a program dedicated to empowering Sub-Saharan Africa's small and medium-sized businesses (SMBs). This year's iteration brings a significant upgrade: the integration…
Google I/O 2024 Delivers a Wave of AI Innovation: From Search to Music Creation
Google's annual developer conference, I/O, concluded this week, showcasing a breadth of advancements in artificial intelligence (AI).
Here's a breakdown of the key announcements that highlight Google's commitment to integrating AI…
Gen Zs & Millennials: You Think Retirement is Too Far Off? Think Again!
Steak and grills every weekend, a trip to that music festival you always wanted, maybe even owning a place of your own. Those feel like the real, immediate goals, right? Retirement? That's an "old people" problem, something to worry…
US Partners with FCMB to Bolster Nigerian Healthcare, Businesses
The United States government, through its aid agency USAID, announced a new partnership with Nigeria's First City Monument Bank (FCMB) aimed at strengthening the country's healthcare sector and private businesses.
The announcement…
Zenith Bank Soars in Q1 2024, Triples Gross Earnings Despite Economic Headwinds
Nigerian banking giant Zenith Bank reported stellar financial results for the first quarter of 2024, defying a challenging economic climate. In a filing with the Nigerian Exchange (NGX) on Friday, May 3rd, the bank announced a…
#DiscoverMyAfrica Shorts Challenge Launched by African Union and Google
The African Union (AU) and Google have joined forces to launch the #DiscoverMyAfrica Shorts Challenge, a month-long initiative celebrating the continent's rich diversity, cultural heritage, and vibrant spirit.
Running throughout May,…
Zenith Bank’s Fintech Subsidiary, Zenpay, Partners with AfCFTA to Launch SMARTAfCFTA Portal
In a move to boost intra-African trade, Zenpay Limited, a subsidiary of Zenith Bank Plc, signed an agreement with the African Continental Free Trade Area (AfCFTA) Secretariat on Friday, May 3rd, 2024.
The agreement, signed by Dr.…
FCMB Group Soars in Q1 2024: Profit Before Tax Nearly Triples
FCMB Group Plc reported a stellar first quarter of 2024, boasting a near-triple jump in profit before tax compared to the same period last year. Profit before tax rocketed 192.6% to N31.3 billion, up from N10.7 billion in Q1 2023. This…
FCMB Group Soars: 186% Profit Propels Dividend Proposal of 50k per Share
For the year ended December 31, 2023, FCMB Group Plc grew deposits, loans, assets under management, revenue and earnings and improved its environmental, social, and corporate governance scorecard.
The Group recorded a…
Google Seeks AI-Powered Startups for 8th Africa Accelerator Cohort
Tech giant Google is calling on African innovators! Applications are now open for the eighth edition of its Google for Startups Accelerator Africa program. This year, the program places a special emphasis on startups harnessing the…
Trusteeship Is for Everyone, Including You
You work hard for your cash, big pile or small. Naturally, you want it protected and passed to relevant parties after you are gone. That is where trustees come in, and they are not just for folks with private jets and islands. It is not…
UBA America in Spotlight at World Bank Summit: Hosts Key Players in Washington
UBA America, the United States subsidiary of United Bank for Africa (UBA) Plc hosted diplomats, government officials, and business leaders to a networking reception in partnership with the esteemed Business Council for International…
Jobseekers Take Note: How AI Tool “Gemini” Can Help You Land Your Dream Job in Nigeria
Nigeria's job market is a vibrant ecosystem, offering a wealth of opportunities across diverse sectors. However, navigating this competitive landscape can be challenging. How do you stand out from the crowd and secure your dream role?…
Zenith Bank Caps 2023 With Unprecedented Triple-digit Topline And Bottom-line Growth
Zenith Bank Plc has announced its audited results for the year ended December 31, 2023, achieving a remarkable triple-digit growth of 125% in gross earnings from NGN945.6 billion reported in 2022 to NGN2.132 trillion in 2023. According…