To make less than N22 as profit from every N100 made as its revenue, confirms the operations of First Bank Nigeria Holdings is driven by nothing but a refurbished profit engine . No doubt , First Bank of Nigeria Limited, FBN, a member of First Bank Nigeria Holdings,FBNH ,occupied a proprietary position, became the industry …
Category Archives: Brands
FCMB Raises N147.5bn from Public Offer, Meets CBN’s New Capital Base
About N147.5 billion has been raised by the First City Monument Bank (FCMB) Group Plc from a public offer, recording a 33 per cent oversubscription, a statement from the financial institution has confirmed. This disclosure disclosed that the exercise attracted about 42,800 investors, with 92 per cent subscribing via more convenient digital channels such …
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Flour Mills of Nigeria Plc H1 2025 Result: Shifting Operational Conditions Prompts Delisting as PBT Regains Momentum
On the release of Flour Mills of Nigeria Plc’s (FMN) Q1 2025 results, Proshare analysts had anticipated the company would embrace a strategic structural repositioning. Confirming this, FMN has announced a shift in its operational strategy, reflected in a share buyback proposal by its majority shareholder, Excelsior Shipping Company Limited (Excelsior). Excelsior intends to acquire all outstanding …
How Access Bank Holdings Expands Profit Exponentially, Tackles Costs .
Access Bank ,Nigeria’s biggest bank by assets ,deposit and earnings , had gross earnings spiked up phenomenally and wrenched up bottom line with a deft application of management’s experience beginning from leveraging interest and non interest income
Access Bank Plc to Prioritize Infrastructure Investments, Retail Banking and Growth of Small Businesses Across Africa
Access Bank Plc has said that it will continue prioritising infrastructure investments, improving retail banking services, and catalysing the growth of small businesses across Africa to enhance regional trade and development. The Managing Director/Chief Executive Officer of Access Bank Plc, Mr. Roosevelt Ogbonna, disclosed this in a recent media roundtable on the trajectory and priorities …
STERLING BANK: Staying Too Long on The Treadmill
Is Sterling Bank Plc under any jinx ? From its inception as a product of the banking consolidation, this bank, an amalgam of some weaklings saved from extinction by the regulatory authorities, has continued to display uninspiring and lethargic performance . It has remained on the treadmill perpetually as a glorified community bank . Even, …
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Re-inventing Pharmaceutical Sales: How Azeez Balogun is Transforming Access to Essential Medicines in African
August 13th,2024 Across Africa, access to essential medicines has long been hindered by supply chain inefficiencies, affordability issues, and regulatory barriers. In this landscape, Azeez Balogun, a seasoned sales professional in the pharmaceutical industry, has emerged as a beacon of hope for the Nigerian and African healthcare system. With a track record of success at …
Cardoso’s ScoreCard One Year On
When Olayemi Cardoso received his mandate to head Nigeria’s Central Bank, he gave himself the task of entrenching macroeconomic stability and to induce economic development. His focus therefore, he said would be on monetary ,price and financial stability . In the last one year ,with deft application of tools that a central banker is at liberty …
Dr. Zacch Adedeji’s Remarkable Leadership at FIRS: A Beacon of Nigeria’s Tax Reforms and Economic Diversification
By Amos Adetunji with Research materials provided by Ilemoboye Oluwakayode aka EKONET. Since his appointment in September 2023 as the Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Adedeji Adelabu Zacchaeus has steered the agency towards new heights in tax administration. His leadership has been marked by bold initiatives aimed at reforming Nigeria’s …
Dr Zacch Adedeji: The Egghead and Proddigy At FIRS
Growing Revenue exponentially ,targeting the fruits not the seeds ,focusing on wealth ena reporting and accountability ,among others . Zacchous Adedeji is ,indeed, a disruptive innovator : a T shaped person with a depth in one area and a breadth in lots , a mega-mind that sets himself hubristic goals in the like of “putting …
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