Author: Newsjaunts

Lagos, Nigeria: Sterling Financial Holdings Company Plc (“Sterling HoldCo” or “theGroup”) has sustained its growth momentum, projecting gross earnings of N149.27 billion for the fourth quarter ending December 31, 2025. This projection builds onthe Group’s performance in the first half of the year, when profit after tax rose by157 percent, gross earnings climbed 39.7 percent to N212.61 billion, and earningsper share rose to 89 kobo from 56 kobo. Together, these results highlight a strongyear-to-date trajectory, reinforcing profitability and boosting investor confidence in the Group’s long-term outlook. According to the filing on the Nigerian Exchange, Sterling HoldCo expects interestincome of N116.73…

(Lagos, Nigeria) – Mediacraft Associates, a leading communications and public relations agency, has been named ‘Most Outstanding Corporate Reputation Management Firm Nigeria 2025’ by the World Business Outlook Awards. This is in recognition of the agency’s outstanding work in strategic communications and brand storytelling. The grand annual ceremony and presentaton will take place on November 8, 2025 in Pullman Bangkok King Power, Thailand The award celebrates Mediacraft’s ability to deliver measurable impact for its clients through creative campaigns, innovative media strategies, and a deep commitment to shaping meaningful narratives. Commenting on the award, Mediacraft CEO, John Ehiguese said: “This recognition is a testament to the passion, creativity, and…

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has launched the African Trade and Distribution Company (ATDC) to catalyse large scale trade in raw materials, minerals and value-added products from across Africa.  Afreximbank, through the Fund for Export Development in Africa (FEDA), established ATDC in collaboration with Arise Integrated Industrial Platforms (Arise IIP), Equitane DMCC and the African Continental Free Trade Area (AfCFTA) Secretariat. The new entity has already secured a US$1 billion funding pledge from Afreximbank to invest in aggregation of value-added goods, support logistics and distribution networks as well as financing its subsidiaries’ business operations. The President and Chairman of the…

ABEOKUTA — Hon. Emmanuel Olumuyiwa Babayemi (E.O.B.) has extended heartfelt birthday wishes to Rt. Hon. Tunji Samson Egbetokun, former Speaker of the Ogun State House of Assembly and a prominent figure in the state’s political landscape. In a statement released on Wednesday, Babayemi described Egbetokun as “a trailblazer in Ogun State politics,” praising his legacy of public service and democratic leadership. “Your exemplary leadership, courage, and commitment to the progress of our people continue to speak volumes,” Babayemi said. “You have carved a place of honor through service, and your name stands tall among those who have positively shaped our…

Leading financial institution, Fidelity Bank Plc, has extended its flagship Corporate Social Responsibility (CSR) program, the Fidelity Food Bank Initiative, to Anambra State, providing essential food supplies to over 2,000 vulnerable residents in Awka, the state’s capital. The two-day outreach, which held at St. Patrick’s Cathedral, Catholic Diocese, Awka and at Emmaus House, the Anglican Diocese of Awka, saw the distribution of relief materials to the elderly, widows and other vulnerable members of the community. Speaking during the distribution exercise, Dr. Nosa Orumwense, Regional Bank Head -Awka, Fidelity Bank Plc, reaffirmed the bank’s commitment to fighting hunger and improving the…

Members of the 2025 VLBC Christmas Committee have been formally unveiled at the Central Service held at the Victory City, kilometre 12, Ajebo Road Abeokuta on Sunday. Apostle Lawrence Achudume, at a special prayer session, commissioned the team for a Carol Service with a difference. Pastor Professor Eniola Fabusoro, at the special prayer session, asked God to prove Himself in the great task saddled on the committee. Speaking after, the Chairman of the Christmas Carol Committee, Elder Okudero said, according to Psalm 121 “Our help comes from the Lord, the maker of heaven and earth.” Elder Okudero in an interactive…

The global music business has welcomed a fresh contender as TMoney Atlanta & L’america Recording Label, under Rehoboth Global Services Limited, officially launched operations in Lagos with the unveiling of its first artist, Oladele Samson Oluwaseun, better known as Samygin. Unlike the typical debut of a record label, the management emphasized that the new company is entering with a disruptive mindset—seeking to merge business acumen with creative innovation in order to position African music more competitively on the world stage. According to the label’s Chairman, TMoney Atlanta & L’america is designed to be more than a management outfit. “Our vision…

Ogun State Governor, Prince Dapo Abiodun, has told the international community that Ogun State is actively breaking trade barriers through bold initiatives designed to attract investment and deepen trade. Governor Dapo Abiodun stated this while participating in a high-level panel session titled “Investment Showcase: Unveiling Opportunities from Select African & Caribbean Sub-Sovereigns” at the ongoing IATF25 in Algiers, Algeria. Reaffirming Ogun State’s position as Nigeria’s leading investment destination, Governor Abiodun highlighted the pivotal role of subnationals in driving the success of the African Continental Free Trade Area (AfCFTA). He noted that despite Africa’s enormous potential, intra-continental trade still accounts for…

The Big Game is imminent. You were planning to watch it at your local restaurant, but you left the planning too late. Now, kick-off approaches, and you don’t want to miss the match. You send a quick text to a friend: “What was the name of that pirate site you used?” They send the address, and you log on. After closing half a dozen pop-up ads and filling a couple of dialogue boxes, you manage to open a blurry, low-res window showing the game. It’s glitchy, and the sound is out of sync with the images, but it’s just about…

Vice President Senator Kashim Shettima has called on the African Union (AU), African Development Bank (AfDB), and Afreximbank to support the efforts of the Chartered Risk Management Institute of Nigeria (CRMI) in tackling the growing wave of global risks confronting Africa. Speaking at the 24th International Conference of CRMI in Lagos, the Vice President, represented by the Technical Adviser to the President on Economic and Financial Inclusion, Dr. Nurudeen Zauro, emphasized the need for strengthened continental collaboration in addressing risks ranging from climate change and cybersecurity to pandemics, terrorism, and disruptive technologies. “For over two decades, the Institute has been…