Author: Tribune Online

  • Nestlé calls for multi-sector alliance to tackle food crisis

    Nestlé calls for multi-sector alliance to tackle food crisis

    As Nigeria grapples with rising food inflation, malnutrition, and mounting pressure on household incomes, Nestlé Nigeria PLC has called for collaboration between government, industry, healthcare institutions, and development partners to drive sustainable nutrition and food system reforms. The company made the call at the 2026 Nestlé for Good Summit held in Lagos, where policymakers, healthcare […]

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  • Review your decision on BVN-linked phone number changes, CSOs urge CBN

    Review your decision on BVN-linked phone number changes, CSOs urge CBN

    Civil society organisations and digital rights advocates have urged the Central Bank of Nigeria (CBN) to reconsider its restrictions on changing phone numbers linked to Bank Verification Numbers (BVN). They warn that this policy could hinder financial inclusion and violate data protection rights. During a press conference in Abuja on Thursday, Mojirayo Ogunlana, the Executive […]

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  • RATTAWU @ 50: FG cautions media against fake, divisive narratives

    RATTAWU @ 50: FG cautions media against fake, divisive narratives

    The Minister of Information and National Orientation, Alhaji Mohammed Idris, has urged media and creative professionals to reject fake news and divisive narratives that could harm the unity of the country. Idris made this statement on Tuesday during the unveiling of the roadmap for the 50th anniversary celebration of the Radio, Television, Theatre, and Arts […]

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  • ILO, NLC advocate workers’ representation in climate negotiations

    ILO, NLC advocate workers’ representation in climate negotiations

    The Nigeria Labour Congress (NLC) and the International Labour Organisation (ILO) have called for enhanced participation of workers in climate governance. They warn that the global transition to a green economy may exacerbate inequality and jeopardise livelihoods unless workers are actively involved in the development of climate policies and decisions.  This call was made during […]

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  • Lagos govt reaffirms commitment to zero-waste economy

    Lagos govt reaffirms commitment to zero-waste economy

    The Lagos State government has reaffirmed its commitment to the transition process towards a zero-waste economy through strategic partnerships, improved landfill operations, recycling initiatives, and waste-to-energy projects. The affirmation was made by the Commissioner for the Environment and Water Resources, Tokunbo Wahab, during the 2026 ministerial press briefing of the seventh year in office of […]

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  • FCAH&PT, Friesland Campina Wamco collaborate to halt milk importation

    FCAH&PT, Friesland Campina Wamco collaborate to halt milk importation

    In a bid to halt milk importation, the Federal College of Animal Health and Production Technology (FCAH&PT), Moor Plantation, Ibadan and Friesland Campina Wamco Nigeria Plc, have empowered community livestock workers with skills in dairy production. The capacity-building training was held on the premises of FCAH&PT between May 11 and 22. Speaking with the Nigerian […]

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  • NECO final examination fee of 75 indigent students paid for in Ogun

    NECO final examination fee of 75 indigent students paid for in Ogun

    The Senior Special Assistant to Ogun State governor, Jamiu Ogundele, has paid for the National Examinations Council (NECO) of 75 indigent students in Yewa North/Imeko-Afon federal constituency. The gesture is aimed at promoting academic excellence and supporting the underprivileged families. The beneficiaries were selected from 25 secondary schools spread across the constituency, with the initiative […]

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  • FCMB Group Plc applauds annual Ojude Oba festival as symbol of Africa’s cultural identity

    FCMB Group Plc applauds annual Ojude Oba festival as symbol of Africa’s cultural identity

    FCMB Group Plc has described the annual Ojude Oba Festival as a powerful symbol of Africa’s evolving cultural identity, saying the globally celebrated event reflects a growing reconnection among Africans with their heritage, traditions and sense of belonging. The financial institution made the remarks ahead of the 2026 edition of the festival, scheduled to hold, […]

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  • ‘Declare Lokoja-Abuja road a national emergency now —KOCCIMA president

    ‘Declare Lokoja-Abuja road a national emergency now —KOCCIMA president

    President of the Kogi Chamber of Commerce, Industry, Mines and Agriculture (KOCCIMA), Dr. Akerejola Demiloye, has again called on the Federal Government to complete the Lokoja-Abuja road, lamenting that Nigerians endure severe hardship on the route every festive season. Akerejola said KOCCIMA earlier calculated the economic losses businesses suffer due to the persistent gridlock at […]

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  • Signature Bank reports stronger 2025 performance as profit rises to ₦3.59bn 

    Signature Bank reports stronger 2025 performance as profit rises to ₦3.59bn 

    Signature Bank Limited has reported a significantly stronger financial performance for the year ended 31 December 2025, reinforcing the Bank’s steady growth trajectory as it continues to strengthen its position within Nigeria’s banking industry.

    The performance was presented at the Bank’s 4th Annual General Meeting, where shareholders approved the Audited Financial Statements for the 2025 financial year alongside other statutory resolutions.

    ”Despite a challenging macroeconomic environment characterized by inflationary pressures, exchange rate volatility, and tighter regulatory conditions, the Bank recorded strong growth across key financial and operational indicators, with Profit After Tax rising to ₦3.59 billion from ₦726 million in 2024, Gross Earnings increasing by 94.5% to ₦24.99 billion, Total Assets growing to ₦224.7 billion, and Customer Deposits increasing to ₦170.8 billion.

    The Bank also recorded a significant improvement in operational efficiency during the year, with its Cost-to-Income Ratio improving from 92% to 66%. Shareholders’ Equity also strengthened to ₦25.2 billion.Speaking at the Meeting, Chairman, Board of Directors, Tijjani Borodo, described the 2025 financial year as a defining period for the Bank, marked by resilience, disciplined execution, and steady institutional growth despite the challenging operating environment.

    “The Bank demonstrated remarkable resilience in the face of macroeconomic pressures and continued to make measurable progress across key performance indicators.
     Our focus remained on disciplined growth, operational efficiency, sound governance, and building a stronger institution positioned for sustainable long-term value creation,” he said.

    Managing Director/Chief Executive Officer, Nixon Iwedi, said the Bank’s 2025 performance reflected the impact of deliberate institution-building efforts, disciplined execution, and the commitment of employees across the organization.

    “Our performance in 2025 is a reflection of the resilience of our strategy, the dedication of our people, and the confidence our customers continue to place in the Bank.
     We remained focused on improving operational efficiency, strengthening our balance sheet, enhancing customer experience, and building a modern and customer-centric financial institution positioned for sustainable growth,” he said.

    Iwedi added that the Bank would continue to focus on prudent risk management, digital innovation, customer-focused service delivery, and strategic business growth initiatives in the years ahead.

    Signature Bank reaffirmed its commitment to responsible banking, strong corporate governance, and delivering long-term value to customers, shareholders, employees, and other stakeholders.

    About Signature Bank LimitedSignature Bank Limited is a Nigerian commercial bank committed to delivering innovative financial solutions and exceptional banking experiences to individuals, businesses, and institutions.

    Guided by its brand promise, “Make Your Mark,” the Bank continues to build a resilient and forward-looking institution driven by innovation, integrity, operational excellence, and sustainable growth.

    Signature Bank reports stronger 2025 performance as profit rises to ₦3.59bn