Nigerian banks collectively earned N4.85 trillion in interest income on loans and advances to customers in the first nine months of 2024. This marks a growth of 114.95 percent compared to N2.26 trillion recorded in the same period of 2023. Here’s a breakdown of the interest income for the top banks: BankInterest Income (2024)Interest Income (2023)Growth (%)Access HoldingsN1.13 trillionN458.41 billion146.4%Zenith BankN1.07 trillionN408.66 billion161.8%FBN HoldingsN915.35 billionN401.33 billion128.1%Fidelity BankN450.00 billionN260.51 billion72.7%Guarantee Trust Holding Co.N392.33 billionN212.30 billion84.8%FCMB GroupN317.53 billionN183.55 billion73%Stanbic IBTC HoldingsN283.95 billionN156.24 billion81.7%Wema BankN149.28 billionN84.42 billion76.8%Sterling BankN139.86 billionN90.45 billion54.6% Access Holdings led the industry with N1.13 trillion in interest income, followed by…
Author: Akintayo Adams
Babafemi Ojudu, former Special Adviser on Political Matters to ex-President Muhammadu Buhari, shared how he and other allies convinced President Bola Tinubu to reject an offer to serve as Minister of Finance under the late President Umaru Yar’Adua. Ojudu revealed this during an appearance on the podcast “State Affairs” hosted by Edmund Obilo. Ojudu noted that accepting the role would have posed significant political risks for Tinubu, who was then the leader of the Action Congress. He recounted how he warned Tinubu about the potential fallout of the decision, citing the fate of Bola Ige, a former Attorney-General and Minister…
China has declared a state of emergency due to a severe outbreak of multiple respiratory viruses, including Influenza A, Human Metapneumovirus (HMPV), Mycoplasma pneumoniae, and COVID-19. The situation has overwhelmed healthcare systems across the nation, with hospitals and crematoriums struggling to cope with the surge in cases. In densely populated cities like Beijing, Shanghai, and Guangzhou, patients face hours-long waits for hospital beds, and many are forced to seek care in crowded hallways. The crisis has strained medical staff and resources, with essential medications and oxygen supplies in short supply. The Chinese government has pledged swift action, deploying additional medical…
Nigerian-born British professional boxer, Anthony Joshua, has announced his ambitious goal for 2025: to defeat Tyson Fury and become a three-time world heavyweight champion. Joshua shared this target during an interview with State House Correspondents after his recent visit to President Bola Tinubu in Lagos. Joshua’s visit to Nigeria included a stop at Ogun State Governor, Dapo Abiodun’s residence, and was part of his festive season trip to his home country. Reflecting on his chances of beating Fury, Joshua said, “We’ll see, let’s get in the ring. Only God knows, but for me, we’ll see in the future.” The determined…
Megamound Investment Limited (Megamound) was registered at the Corporate Affairs Commission in 1992 with Registration No: RC 205724. Since its incorporation, the company has carved a niche for itself in construction, real estate development, management, dredging, and financial intermediation. Winner of the Direct Marketing Award, Megamound has a proven record of offering high-quality services effectively and efficiently. Apply || Account Officer (Female) at Hermes Oil Services Job Title: Architect Location: Lagos Job Type: Full-time Role Description: This is a full-time onsite Architect role at Megamound. As an Architect, you will be responsible for conceptualizing and designing structures, ensuring compliance with…
As we kickstart 2025, staying productive, healthy, and financially secure has never been more important. Mobile apps have become essential tools in achieving these goals, offering convenience and efficiency at our fingertips. Whether you want to manage your finances better, improve your health, or maintain a good work-life balance, there’s an app designed to help you succeed. Here are some top mobile apps to consider in 2025 that can positively impact your life. Related || Tips for boosting productivity and maintaining good health Finance Apps Health Apps Work-Life Balance Apps By integrating these apps into your daily routine, you can…
The European Organization for Nuclear Research (CERN) is inviting applications for the 2025 CERN Student Scholarship. This prestigious program offers a full-time training opportunity that covers travel, family, and health allowances, as well as a monthly stipend of 3,452 Swiss Francs. CERN Student Scholarship Summary Eligibility Requirements To be considered for the CERN Technical Student Program, you must: Benefits The CERN Student Scholarship offers the following benefits: Required Documents To apply, candidates must be ready to submit the following documents: How to Apply Interested and qualified applicants should follow these steps: Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google…
Hermes Oil Services, an energy and logistics company specializing in the haulage of petroleum products, bulk supply & distribution, safety practices & PPE supply, and petroleum station & LPG plant infrastructure design, construction, and operations, is recruiting to fill the position of Account Officer. Related || Logistics Officer at Hermes Oil Job Title: Account Officer Locations: Lagos and Oyo Employment Type: Full-time Responsibilities: Related || GTCO Summer Internship Program 2025 Job Skills and Requirements: Salary: ₦150,000 Monthly. Application Closing Date: 10th January, 2025. How to Apply: Interested and qualified candidates should send their CV to careers@hermesoilservices.com using the Job Title…
Maintaining a healthy balance between productivity and personal well-being can be challenging. Here are some detailed tips to help you stay productive in 2025 while ensuring you take care of your health: 1. Set SMART Goals 2. Prioritize and Focus 3. Create a Routine 4. Stay Active 5. Eat a Balanced Diet 6. Manage Stress 7. Get Enough Sleep 8. Continuous Learning 9. Stay Connected 10. Reflect and Adjust By incorporating these tips into your daily routine, you can enhance your productivity while maintaining good health in 2025. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.
Super Eagles goalkeeper Stanley Nwabali has announced the heartbreaking news of his mother’s passing on New Year’s Day. Nwabali, who plays for Chippa United in South Africa, shared the sad news on his social media, describing it as “the worst year of my life already.” This comes just two months after he lost his father in November 2024. The Nigeria Football Federation (NFF) extended heartfelt condolences to Nwabali, offering support and solidarity during this difficult time. Fans and well-wishers have also flooded social media with messages of sympathy and encouragement for the goalkeeper. Get instant and latest news updates via…