MMS Hall of Fame: Zenith, GTCO Lead Banks in Gender Policy Compliance

Two of Nigeria’s top financial institutions, Zenith Bank Plc and Guaranty Trust Holding Company (GTCO), have been named winners of the Corporate Leadership Award for Gender Policy Compliance by the MMS Woman of Fortune Hall of Fame (WoFHoF) Initiative.
In a statement signed by the Chairperson, 2025 MMS Hall of Fame Induction Committee, Amb. Aisha Mahmoud, the initiative said the award followed an independent assessment of 24 commercial and six non-interest banks, based on publicly available data from their websites and social media platforms.
The group noted that only five banks met the criteria of publishing three consecutive years of annual and sustainability reports in line with the Central Bank of Nigeria’s (CBN) gender policy and corporate governance guidelines.
“Among the five, GTCO and Zenith Bank led with a strong show of commitment to gender equality and compliance with the CBN’s target of 30 percent female representation on boards and 40 percent in management positions,” the statement said.
While Zenith Bank Plc was nominated as the Best Gender-Diversity, Equality, and Inclusive (DEI) Bank in Nigeria by the MMS Hall of Fame Leadership -Impact Assessment Committee; GTCO emerged as the Best CBN Gender Policy Compliant Bank in Nigeria for 2025, following its performance in transparency and board diversity.
“Available data showed that Zenith Bank Plc set and maintained a 50 percent or above corporate threshold on workforce employment for three consecutive years of 2022-2024. Women made up 53 percent of the bank’s workforce in 2024, up from 50 percent in 2023 and 2022. As of December 31, 2024, the bank had a total of 7,704 employees with 4,090 women and 3,614 men, showcasing a relatively balanced workforce and equal opportunities for all employees.”
“Data from the survey conducted also showed that GTCO operated above these thresholds for three consecutive years of 2022-2024. The bank’s commitment to gender diversity, and the broader focus on equal opportunities, and women empowerment resonate with the values of MMS Woman of Fortune Hall of Fame Initiative, and align with the CBN’s goals of promoting financial inclusion and gender equality in the banking sector,” the statement read.
The one-day event scheduled for November 20th, 2025, at Nicon Luxury Hotel, Abuja, is themed: “Fostering Sustainability, Women and Leadership with Technologies.” It has two segments: The Summit- Morning session, garnished with two impactful panel sessions featuring the Induction Ceremony, and the Evening segment, featuring the Leadership-Impact and SDGs Awards Night.
Governor Abdullahi Sule of Nasarawa State will chair the event, while other honorees include; Hajiya Aisha Bala Mohammed, First Lady of Bauchi State; Hajia Zainab Nasare Nasir Idris, First Lady of Kebbi State; and Dr. Dill Ezughah, Executive Secretary of the Nigerian Press Council.
According to the event’s organizing Chairperson, Amb. Nana Aisha Mahmoud, “This year’s event was carefully designed to intentionally promote sustainability in gender diversity and the inclusion of technology in alternative and informal education, while encouraging the robust participation of northern Nigerian women in socio-economic cum political developments. They have been held back by a mixture of factors over the years, leading to the incidents of out-of-school children.”
The event also holds the promise to showcase 13 years of legacy of MMS Hall of Fame while celebrating leadership excellence to inspire public and private office holders to not only be legacy-driven and impact-focused with their position but benchmark their achievements with the dispassionate assessment of the stakeholders.
Mahmoud who is also the Vice-Chairman, Board of Directors, Nigeria-Russia Trade Advisory Council, added, “It is a triple event celebrating leadership values, using the tested leadership principles and the United Nations SDGs variables as a foundation for assessment of the Awardees and inductees.

Ètò system ends Apapa gridlock, restores order to Lagos Ports

 

 

For decades, the Apapa Port access road was bad news to Nigerian port users as it parades a horde of stationary trucks, touts, and everything that is anti-productivity. This was a major setback to Nigeria’s march to economic self-sufficiency because of the strategic position the port occupied in wealth creation. Presently, that nightmare is largely non-existent. Order has returned, with the deployment of the Ètò Electronic Call-Up System by the Nigerian Ports Authority (NPA). ETO is — a digital innovation that has redefined port traffic management and restored efficiency to Lagos ports.

The Ètò platform, developed by Trucks Transit Parks Limited (TTP), is a comprehensive traffic management solution that schedules, tracks, and authenticates the movement of trucks entering and exiting port terminals. What began as a stopgap measure has now evolved into a nationwide model for automated access control, real-time monitoring, and data-driven logistics.

Central to the success of this transformation is the integration of electronic barriers across all Lagos Port Complex terminals. The barriers lift only for trucks with verified Ètò-issued call-up tickets, ensuring every truck movement is pre-approved, logged, and traceable.

“The barrier system gives us end-to-end visibility and control — from booking to terminal exit,” explained Mrs. Stella Oladiran, NPA’s General Manager, Operations. “We can now account for every truck’s movement, eliminate human interference, and measure operational efficiency in real time.”

Before this reform, Apapa’s arteries were choked by unregulated truck diversions, fake call-up slips, and illegal parking. The Ètò system and barrier integration have sealed those loopholes, saving time and money for transporters, exporters, and terminal operators.

Port stakeholders have hailed the Federal Government, the Minister of Marine and Blue Economy, Adegboyega Oyetola, and the NPA Managing Director, Dr. Abubakar Dantsoho, for their steadfast commitment to reforming the ports and restoring sanity to Apapa roads.

According to Mr. Adebowale Lawal, Port Manager of the Lagos Port Complex, the Ètò system has brought discipline, transparency, and structure to truck traffic.

“We’ve integrated terminal gates with the Ètò platform to manage entry and exit in a coordinated manner,” Lawal said. “What you now see on Apapa roads is not gridlock but sequenced truck movement. This system is sustainable because it is digital and transparent. Credit goes to the NPA leadership under Dr. Dantsoho and the guidance of Minister Oyetola.”

Chairman of the Association of Maritime Truck Owners (AMATO), Chief Remi Ogungbemi, also lauded the transformation, dismissing reports of a gridlock resurgence as “false and misleading.”

“All the roads to Apapa — Wharf, Creek, and adjoining routes — are now clear and orderly,” he said. “Trucks move in single, controlled lanes. That’s progress. We commend the Federal Government, NPA, and TTP for their resolve. For once, technology is driving discipline at our ports.”

Picture: Dr Abubakar Dantsoho, MD, NPA.

PDP National convention: Nobody will use me, my loyalists – Wike blows hot

The Minister of the Federal Capital Territory, FCT, Nyesom Wike, has warned against being used as a bargaining tool for negotiation in the Peoples Democratic Party’s ongoing crisis.

‎Wike issued the warning while expressing concerns over the internal destruction of the party and emphasized the need for a return to due process.

‎The Minister issued the warning in Abuja on Friday during a meeting with the Concerned PDP Stakeholders after the Abuja Federal High Court ruling that halted the November national convention scheduled for Ibadan, Oyo State.

‎During the meeting, Wike warned against any attempt to hijack the PDP’s leadership.

‎“Let me be clear, nobody, and I mean nobody, will use us to negotiate for anything. We are part of this party; we have sacrificed for it. But we will not allow anybody to trade us off for personal gain.

‎“Those of us fighting today are not doing so for ourselves. We are doing it because we want the PDP to stand for something, for due process, fairness, and respect for law,” he said.

Justice James Omotosho had barred the PDP from holding its national convention scheduled for November 15 and 16 in Ibadan, Oyo State.

The judge delivered the judgment while upholding a case brought by three aggrieved PDP members.

Omotosho directed the PDP to revisit and rectify its internal issues, emphasizing the need for the party to send the mandatory 21-day notice before proceeding with the convention.

Anambra guber: I’ve been at corridors of governance, politics – AAC candidate

The candidate of the African Action Congress, AAC, in the November 8 governorship election in Anambra state,
Chioma Ifemeludike, says she has always been in the corridors of governance and politics for a very long time.

Ifemeludike made this statement on Friday when she appeared as a guest in an interview on ‘Prime Time’, a programme on Arise Television

“I won’t necessarily call my decision to run for the governor seat transitioning because I have always been in the corridors of governance and politics.

“This is not just because I studied political science but because I was also a student unionist. What made me become a student unionist was to speak for students who didn’t have a voice.

“I have always been that person who took the responsibility of others and at this time in my life that the AAC is positioning as the only alternative for the people, it became imperative that I step in to the position of making myself the number one person in Anambra state,” she said.

NCC raids bookshops, seizes pirated books worth N5m in Benue

The Nigerian Copyrights Commission has raided bookshops and impounded pirated books worth N5 million during an inspection and monitoring of business outlets in Makurdi metropolis in Benue State.

The NCC impounded books in two bookshops and a printing outlet within Makurdi.

The team, which was led by the Benue State coordinator of the NCC, Thomas Mgbangun had six NCC officers, security personnel, journalists and staff from the Metropolitan Publishers Limited, University press limited and Learn Africa.

Three bookshops and seven printing outlets were visited within Makurd by the team.

Mgbangun said 1,133 books worth 5.6 million naira were seized during the exercise and one person arrested.

He went further to warn persons who engage in piracy production of people’s works to desist or face the wrath of the law.

15% fuel tariff: PETROAN asks NNPC to reopen refineries before Dec

Billy Gillis-HarryThe Petroleum Products Retail Outlets Owners Association of Nigeria has urged the Nigerian National Petroleum Company Limited to fast-track the reopening of the country’s refineries before December to avert a possible fuel scarcity and price hike during the festive season.

The association made the call while commending President Bola Tinubu’s approval of a 15 per cent import duty on petrol and diesel, saying the move could stimulate local refining and strengthen the downstream oil market if properly managed.

The National President of PETROAN, Dr Billy Harry, issued the appeal in Port Harcourt during a courtesy visit to the Pro-Chancellor and Chairman of the Governing Council of the Ignatius Ajuru University of Education, Dr Chinyere Igwe.

Harry described the policy as a bold step toward protecting domestic refineries, stabilising the market, and promoting energy security.

He, however, warned that if the measure was poorly implemented, it could cripple fuel importation and render many importers jobless, a situation he said would lead to fuel scarcity.

“NNPC must complete its partnership agreements quickly and start production at Nigeria’s refineries before December to avert any form of fuel scarcity or price hike during the Yuletide season,” he said.

The Port Harcourt, Warri and Kaduna refineries have been dormant for years despite efforts to revive them.

But the NNPC Group Chief Executive Officer, Bayo Ojulari, has expressed strong optimism that the facilities would work again, even after major stakeholders advised that the plants be sold off.

Speaking on the new tariff, Harry cautioned that failure to enforce fair regulation could wipe out importers who have long served as a check on profiteering.

“Importers of petroleum products, which were a price-check mechanism against profiteering, will be out of business if not properly managed. We call on regulatory agencies, especially the NMDPRA, to be on red alert against monopoly. If local refineries are not properly regulated, monopoly could harm the market,” he said in a statement on Friday.

The PETROAN president said while the tariff would boost local refining capacity and promote energy security, the government must ensure a level playing field for all operators.

He urged fuel importers to look inwards and begin to patronise local refineries rather than depend solely on foreign supplies.

Harry also called on the Nigerian National Petroleum Company Limited to make crude oil available to domestic refineries, warning that the success of the new policy depends on adequate feedstock supply.

He disclosed that PETROAN would collaborate with the Ignatius Ajuru University of Education to expose students to practical aspects of petroleum marketing and energy management. The group, he said, would accept students for industrial training and excursions to filling stations, depots and refineries.

The PUNCH reported earlier that the Federal Government’s decision to impose a 15 per cent import duty on petrol and diesel is part of efforts to encourage local refining.

Oil marketers had warned that the measure could push petrol prices above N1,000 per litre if local refineries fail to supply enough fuel into the local market.

According to The PUNCH, industry operators cautioned that unless Nigeria’s four state-owned refineries and private facilities such as Dangote Refinery come fully on stream, the duty could lead to fresh supply gaps and higher pump prices nationwide.

Harry maintained that despite potential short-term challenges, the long-term benefits of the policy, such as increased local refining, job creation, a stronger naira and improved energy security, outweigh its disadvantages.

“We believe this policy will ultimately boost the local economy and attract investors. But it must be implemented carefully to avoid hardship,” the PETROAN president said.

The association reiterated its support for the Tinubu administration’s reforms but urged close supervision to ensure the 15 per cent tariff strengthens, rather than destabilises, Nigeria’s downstream petroleum sector.

“This policy will boost local refining, promote economic growth, create more job opportunities, and create a level playing field for domestic refineries. The benefits of this policy include increased local refining capacity, reduced dependence on imported fuel, improved price stability, enhanced energy security, a boost to the local economy, benefits to foreign reserves, benefits to the naira gaining strength, and attracting investors.

“The potential disadvantages include potential price increases, loss of jobs on the side of importing firms, and short-term challenges. The benefits of this policy will outweigh the potential disadvantages. Regulatory agencies such as the Nigerian Midstream and Downstream Petroleum Regulatory Authority should be on red alert against monopoly. If local refineries are not properly regulated, it could lead to a monopoly that might harm the market,” he was quoted.

Meanwhile, the Presidency on Friday confirmed that the approved 15 per cent import tariff on petrol and diesel, describing the policy as a strategic step to stimulate local refining and strengthen Nigeria’s energy independence.

According to a statement by the Special Adviser to the President on Media and Public Communications, Sunday Dare, on his official X handle on Friday, the new policy is “a bridge, not a burden,” aimed at transforming Nigeria’s petroleum landscape and securing long-term economic stability.

He described the policy as a strategic measure to end Nigeria’s dependence on imported fuel and accelerate the country’s path to energy self-sufficiency.

“It’s no longer news that President Tinubu has approved a 15 per cent import duty on petrol and diesel, a bold and strategic move aimed at reshaping Nigeria’s energy landscape,” Dare wrote.

He explained that for years, Nigeria had depended heavily on imported fuel despite being one of the world’s leading crude oil producers, a situation that drained foreign exchange, hindered job creation, and stifled local refining investments.

“For years, the nation has depended heavily on imported fuel despite being a leading crude oil producer, draining foreign exchange and exporting jobs that should have been created at home. This new policy is designed to reverse that trend by encouraging local refining, boosting domestic capacity, and ensuring that Nigeria’s oil wealth translates directly into national prosperity,” the statement added.

Dare said the policy seeks to make imported products less competitive while tilting the market in favour of locally refined fuel from the Dangote Refinery, Port Harcourt Refinery, and modular plants under construction across the country.

“By making imported fuel less competitive, the government is tilting the market in favour of local refineries such as Dangote and other modular plants, laying the groundwork for a self-sustaining and resilient energy sector,” he stated.

He added that as domestic refining ramps up, supply will strengthen, and pump prices are expected to stabilise over time. The policy, according to him, will also stimulate industrial activity, create jobs, and attract fresh investments into the downstream petroleum value chain.

“As local refining ramps up and supply strengthens, prices are expected to moderate while jobs, investment, and industrial activity expand. This policy is therefore not a burden, but a bridge, from dependence to independence, from vulnerability to strength,” Dare said.

The presidential aide’s comment marks a departure from the position of petroleum marketers, who have warned that the pump price of Premium Motor Spirit, popularly known as petrol, could rise above N1,000 per litre following President Tinubu’s approval of a 15 per cent ad-valorem import tariff on fuel imports.

The new policy, which takes effect after a 30-day transition period expected to end on 21 November 2025, is part of the government’s strategy to protect local refiners and reduce the influx of cheaper imported products that threaten domestic refining investments.

PUNCH Online reports that the latest data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority indicate that petrol imports still accounted for about 69 per cent of the country’s total fuel demand over the 15 months between August 2024 and 10 October 2025.

JAMB flags 2,658 admissions as illegal

JAMB-logoThe Joint Admissions and Matriculation Board has flagged a total of 2,658 admissions conducted during the 2024/2025 academic session as illegal.

The illegal admissions were flagged from a total of 17 universities, polytechnics, and colleges of education, according to a breakdown of institutional analysis conducted by the board, which was obtained by our correspondent on Friday in Abuja.

This is as public universities ended the admission processes for the 2025/2026 academic session on Friday.

According to the data, the affected institutions with illegal admissions are: Abubakar Tafawa Balewa University (1,847); Osun State University (492); Abubakar Tafari Ali Polytechnic (148); Federal College of Animal and Health Production (66); University of Calabar (28); College of Education, Oro (12); Michael and Cecilia Ibru University (12); Redeemer’s University (five); Pan-Atlantic University (five); Nigerian Army College of Education (two); Kwara State Polytechnic (one); and Best Solution Polytechnic (one), among others.

Saturday PUNCH notes that JAMB categorises admissions conducted outside its Central Admissions Processing System, popularly known as CAPS, as illegal.

Over the years, the board has issued directives to institutions and candidates on the dangers of issuing and accepting admissions outside CAPS.

During the 2025 policy meeting organised by the board, the Minister of Education, Dr Tunji Alausa, warned that severe sanctions, including withdrawal of assets and punishment of officials, would be meted out to institutions involved in illegal admission racketeering.

CAPS, introduced in 2017, is being implemented to ensure transparency, fairness, and merit-based admissions, according to JAMB.

Candidates can track admission offers, accept or reject admissions, and verify their statuses.

Students who accept admissions outside CAPS risk ineligibility for the mandatory National Youth Service Scheme.

Minister disburses N100m grants to traders, artisans in Oyo

Adebayo AdelabuThe Minister of Power, Adebayo Adelabu, on Friday disbursed N100 million in business support grants to traders, artisans, and farmers in Oyo State.

The event, tagged ‘2025 Mega Empowerment and Economic Relief Programme Series,’ was held at the Bayo Adelabu Foundation House in Ibadan, the state capital.

The News Agency of Nigeria reports that Adelabu, a former Central Bank of Nigeria (CBN) deputy governor, is also one of the All Progressives Congress governorship aspirants in the state.

Adelabu, while disbursing the grants, said it was aimed at alleviating economic hardship confronting residents and strengthening small-scale businesses in the state.

The minister also said the gesture was part of his commitment to empowering entrepreneurs and supporting economic growth at the grassroots.

He, however, emphasised that the programme was not politically motivated but a demonstration of gratitude and service to humanity.

“This empowerment is not about politics. I am only thanking God for His mercy by giving back to society,” he said.

Adelabu acknowledged the economic challenges facing Nigerians and called for targeted interventions to support traders, artisans, and farmers affected by inflation and rising costs.

He urged citizens to remain hopeful and continue supporting President Bola Tinubu’s administration, assuring that the ongoing reforms would soon yield positive outcomes.

“President Tinubu is God-sent to Nigeria. Though things are tough now, Nigerians will soon reap the gains of their sacrifices,” he said.

A guest speaker at the event, Mr Olutayo Akinleye, lauded the minister’s effort, adding that such support would contribute largely to economic growth and entrepreneurial development.

Akinleye, a financial expert, advised beneficiaries on the need to utilise the grant judiciously, urging them to shun extravagant and frivolous lifestyles.

Beneficiaries expressed appreciation to Adelabu, noting that the financial support would boost their businesses and improve their livelihoods.

Stakeholders advocate modernisation of transport infrastructure

Fola TinubuStakeholders in Nigeria’s transport sector have called for deeper collaboration, innovation, and investment to drive sustainable development and modernise the nation’s transport infrastructure.

At the Nigeria Transport Infrastructure Summit 2025, held recently in Lagos, the Managing Director of Primero Transport Services Ltd, Fola Tinubu, urged both the public and private sectors to work together to build a more efficient and technology-driven transport system.

The summit, themed “Nigeria’s Transport Infrastructure: Innovation for a Sustainable Future,” brought together key players from across the aviation, maritime, road, and rail sectors, alongside government officials and development partners.

Nigeria’s transport system, particularly the railway and aviation industries, has been under the spotlight over the need for improved infrastructure.

Stakeholders in the transport industry have been clamouring for a workable transport policy with a viable national transportation plan.

In his opening remarks, the Chairman of the Summit, Tinubu, described transportation as the “backbone of economic productivity,” stressing that an efficient transport network is essential for trade, industrial growth, and national development.

“Transportation is not just about moving people and goods. It’s about connecting communities, driving commerce, and fuelling national progress. No economy can thrive without an efficient transport system,” he stated.

Acknowledging the challenges of overstretched road networks, limited rail coverage, and outdated port and airport facilities, Tinubu stressed that these obstacles also present opportunities for reform and innovation.

He urged Nigeria to embrace digital technology, cleaner energy, and intelligent traffic management systems, citing global examples where electric buses, smart ticketing, and sustainable mobility solutions have transformed transport operations.

He advised, “All over the world, technology is transforming transportation. Here in Nigeria, we have the talent and creativity to do the same.”

Also speaking at the Summit, Prof. Bamidele Badejo of the Lagos State University Professorial Chair on Transport Studies, warned that Nigeria’s transport sector remains constrained by deep-rooted structural problems that threaten national growth.

In his keynote address, Badejo described transportation as “the lifeline of human existence,” lamenting that persistent inefficiencies continue to limit Nigeria’s economic and social potential.

He identified infrastructure deficit, policy inconsistency, weak regulation, and overreliance on road transport, which handles over 90 per cent of passenger and freight movement, as major bottlenecks.

Other critical issues, according to him, include inadequate funding, energy instability, poor data systems, indiscipline among operators, and the proliferation of uncoordinated transport agencies.

Badejo also highlighted rising insecurity, the menace of commercial motorcycles, and the neglect of pedestrian and non-motorised transport as worsening urban mobility challenges.

He called for a multimodal transport framework that integrates road, rail, air, and water transport within a sustainable land use plan: “Transportation is highly susceptible to technological dynamics. Innovation, digital mobility, and clean energy adoption are essential for sustainability.”

Despite the challenges, Badejo acknowledged that the sector still contributes between 1.5 and two per cent to Nigeria’s GDP, influencing key sectors such as trade, agriculture, and manufacturing.

UBA records N538bn profit after tax in Q3

United Bank for AfricaThe United Bank for Africa Plc has reported a profit after tax of N537.53bn for the third quarter of the year.

This reflects a 2.3 per cent rise from N525.31bn recorded in the same period of 2024.

According to a statement made available to Saturday PUNCH on Friday, the pan-African financial institution, in its audited results filed with the Nigerian Exchange Limited on Thursday, said it also recorded steady growth across key performance indicators, consolidating its position as one of Africa’s strongest and most diversified banking groups.

“UBA’s gross earnings grew by 3.0 per cent to N2.469tn, up from N2.398tn in September 2024.

“Similarly, net interest income rose by 6.2 per cent to N1.172tn from N1.103tn in the corresponding period of 2024,” the statement said.

The bank, however, recorded a marginal 4.1 per cent decline in profit before tax, which stood at N578.59bn, compared to N603.48bn posted in the previous year.

Its total assets increased by 7.2 per cent to N32.492tn, compared to N30.323tn recorded as of December 2024.

“Total deposits also rose by 7.7 per cent, from N24.651tn to N26.54tn within the same period.

“UBA’s shareholders’ funds remained robust at N4.301tn, a 25.8 per cent increase from N3.418tn as of December 2024, indicating a strong capacity for internal capital generation and sustainable growth,” it added.

Commenting on the performance, the Group Managing Director/Chief Executive Officer, Oliver Alawuba, said the results reflected the bank’s resilience and the strength of its diversified operations across markets.

“We delivered solid performance supported by prudent balance sheet management, innovation, and a well-diversified earnings base across all our markets,” he was quoted as saying.

Alawuba emphasised that the bank’s consistent performance demonstrated its commitment to sustainable growth despite macroeconomic headwinds.

“With profit after tax rising to N538bn from N525bn, UBA continues to reflect consistent earnings momentum and its commitment to sustainable growth, with strength in Nigeria, its African network, and global presence,” he added.

The GMD highlighted the bank’s recent capital-raising efforts, explaining that the successful completion of the final phase of its Rights Issue had bolstered its capital base.

“I am pleased to report that we have made significant progress on our capital raising, as part of the mandated industry-wide recapitalisation exercise, with the successful completion of the final Phase II of the Rights Issue. This has strengthened our capital base and will support the continued, prudent expansion of our operations across our markets,” Alawuba explained.

He reaffirmed the bank’s commitment to disciplined execution and strategic growth, assuring shareholders of sustained value creation.

UBA’s Executive Director, Finance and Risk, Ugo Nwaghodoh, said the Group delivered steady earnings growth, driven by a rise in interest income and net interest income.

“Gross earnings rose to N2.47tn, supported by a 10.1 per cent increase in interest income and a 6.2 per cent uplift in net interest income,” he said.

Nwaghodoh added that total assets grew by 7 per cent to N32.5tn, supported by focused deposit mobilisation and increased investment in earning assets.

“Shareholders’ funds expanded by 26 per cent to N4.3tn, underscoring the continued confidence of investors in the Group’s strategy, while capital adequacy and liquidity ratios remain well above regulatory thresholds and provide significant buffers to support continued growth,” he explained.

Nwaghodoh assured investors that the bank remains focused on sustaining profitability and expanding its digital income streams.

He said, “We remain focused on sustaining profitability, expanding our digital income streams, and delivering long-term value to our shareholders.”