By JKNewsMedia FROM THE expansive Port Harcourt Ring Road to the Emohua-Abalama/Tema Junction Road and the Ahoada-Omoku-Ndoni Road, ongoing construction efforts are opening up new economic opportunities. At the helm is Julius Berger Nigeria Plc, a key player in enhancing transport corridors, facilitating movement, and unlocking business poten...
By JKNewsMedia BANKING FEES that once chipped away at customers’ funds are now set to become a thing of the past—at least for those using Sterling Bank. The bank says the industry-defining policy has taken effect, eliminating charges on all local transfers and reshaping the financial landscape. The announcement, made on 1 April, was initially...
By JKNewsMedia THE NIGERIAN National Petroleum Corporation (NNPC) Foundation is set to enhance its impact across Nigeria through three strategic programmes targeting healthcare, education, and agriculture. These initiatives aim to uplift vulnerable communities by addressing critical needs in each sector, underlining NNPC Ltd.’s dedicati...
By JKNewsMedia AGREEMENTS BETWEEN the MTN Group and Airtel Africa to share network infrastructure in Uganda and Nigeria aim to enhance digital and financial inclusion across the continent. The partnership, announced by Airtel in Lagos on Wednesday, will improve network efficiency, expand coverage, and provide better mobile services, particula...
By JKNewsMedia SURGING CORPORATE profits and record-breaking financial performance have intensified scrutiny on Nigeria’s banking sector, as Guaranty Trust Holding Company Plc (GTCO) reports a staggering 107.8% increase in pre-tax profits for 2024. With profit before tax hitting ₦1.266 trillion—more than double the ₦609.3 billion recorded in ...
By JKNewsMedia FIDELITY BANK has posted an extraordinary 210% growth in Profit Before Tax (PBT), reaching N385.2 billion for the 2024 financial year. Gross earnings surged by 87.7% to N1.043 trillion, fueled by a 106.9% rise in interest income to N950.6 billion. The bank, in a statement, says this was driven by stronger yields on […]
By JKNewsMedia HUNDREDS OF Lagos residents who benefited from Glo Foundation’s latest food relief fair on Saturday expressed profound gratitude to the company, describing it as a lifeline in their time of need. The Corporate Social Responsibility (CSR) arm of Globacom, Glo Foundation, extended its benevolence to the Ikota area of Lagos, foll...
By JKNewsMedia NIGERIA’s CONTINUES to grapple with a widening technical skills gap, leaving many young people unemployed despite the growing demand for skilled labour. The lack of structured vocational training has long hindered industrial growth, forcing companies to seek expertise abroad. Addressing these challenges, the first batch of trai...
By JKNewsMedia A 100% AIRTIME bonus has been launched exclusively for customers using Glo lines by MoneyMaster Payment Service Bank (MMPSB). This initiative aims to reward loyal customers and attract new users to its platform. According to a statement from the bank, the offer underscores its commitment to helping Nigerians maximise their fina...
By JKNewsMedia IN AN effort to mitigate food insecurity and uplift the underprivileged, Glo Foundation has launched a large-scale food initiative, providing essential supplies to thousands of residents in Ilaje community, Bariga, Lagos State. The initiative, executed in collaboration with Lagos Food Bank at the Love Lagos Jetty in Bariga, bro...