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Wema Bank Releases Audited Results for FY 2024

  *Wema Bank Releases Audited Results for FY 2024, Profit Before Tax Soars 135% to ₦102.5bn Billion; Proposes N1.00 final dividend per share; commences N150bn Rights issue in April 2025* Lagos, Nigeria – Wema Bank Nigeria (“Wema” or “the Bank”)) has released its audited Consolidated Financial Statements for the period ...

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W’Bank to approve Nigeria’s $632m loan request today

  The World Bank is set to approve fresh loans totalling $632m to Nigeria today (Monday) amid mounting concerns over the country’s rising debt profile, The PUNCH reports.   The loans are to support critical areas, including nutrition improvement and quality basic education.   Information obtained from the World Bank’s ...

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Wike yet to tell Fubara real reason for hostilities – Aide

  The Special Assistant to the suspended Rivers State Governor on Electronic Media, Jerry Omotsegunwa, has stated that Governor Siminalayi Fubara has yet to be informed by his predecessor, Nyesom Wike, about the cause of their ongoing political hostilities.   Fubara and Wike have been embroiled in a political crisis ...

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Corruption-free Nigeria possible, says EFCC chair

The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has expressed confidence that Nigerians have the capacity to defeat corruption through collective determination and commitment.   Olukoyede made this statement in Abuja on Sunday in his goodwill message to Muslims celebrating Eid-el-Fitr across the country.   “Tackling economic ...

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Rivers emergency rule, wise decision by Tinubu – Ladoja

  Former Oyo State governor and the Otun Olubadan of Ibadanland, Rashidi Ladoja, on Sunday, said the declaration of emergency rule in Rivers State has ensured relative peace in the state.   The PUNCH reports that President Bola Tinubu, on March 18, 2025, declared emergency rule in Rivers State over ...

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