Connect with us

Business

FIRSTBANK PROMOTES ACTS OF KINDNESS, REVS ITS CR&S WEEK IN MORE THAN HALF A DOZEN COUNTRIES

Published

on


First Bank of Nigeria Limited, Nigeria’s premier and leading financial institution has announced that the third edition of its Corporate Responsibility & Sustainability (CR&S) week is billed for 1 – 6 July 2019 in the six geopolitical zones of the country and the Bank’s business locations in Ghana, Gambia, Guinea, Senegal, Sierra Leone, DR Congo and The United Kingdom. The 2019 edition is themed Ripples of Kindness, Putting You First.

The CR&S week is driven to amplify the Bank’s culture of “Employee Giving & Volunteering Programme” with a focus on reinforcing the values of the Bank’s SPARK (Start Performing Acts of Random Kindness) initiative through a wide range of strategically designed activities. SPARK is a values-based initiative designed to raise consciousness that promote kindness to one another. 

Amongst the activities to be carried out in the course of the week is the Nice Comments Day; a day set aside to foster words of encouragement, support and kindness to people around you, regardless of ones’ familiarity or close ties. The Bank recognises that kind words are largely instrumental to lighting up one’s day and also bringing out the best in one.

Other activities in the course of the FirstBank CR&S week are visits to the less privileged homes as well as the promotion of the SPARK initiative in schools. The objective of theSPARK initiative in schools is to embed the values of SPARK amongst school children at a young age so it becomes part and parcel of them, forming a habit and nature as they develop into adulthood.

Through the values of the SPARK initiative – Compassion, Civility, Charity and Connection – , the Bank believes that every act of kindness is critical to promoting a peaceful co-existence amongst everyone in the society and building a prosperous society and nation at large.

Speaking on the Corporate Responsibility & Sustainability (CR&S) Week 2019, the Group Head, Marketing and Corporate Communications of FirstBank, Folake Ani-Mumuney, said “Our 2019 CR&S week is aimed at reinforcing FirstBank’s corporate culture of encouraging giving and volunteering among its employees and the larger society. We believe that every act of kindness goes a long way in leaving an indelible impact in the life of people which indeed underscores why it is important for everyone to Start Performing Act of Random Kindness. No matter how little, every act of kindness indeed makes the world a better place.

Continue Reading
Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Cultural Pride on Display as ILÉ IYÁN ORIGINAL Receives Youngest King in Southwestern Nigeria at it’s Headquarters

Published

on

Cultural Pride on Display as ILÉ IYÁN ORIGINAL Receives Youngest King in Southwestern Nigeria at it’s Headquarters

 

ILÉ IYÁN, Nigeria’s iconic culinary and cultural brand, proudly hosted His Royal Majesty Oloyede Adekoya, Akinghare II, the Arujale-Ojima of Okeluse Kingdom, Ondo State at its headquarters in Lagos on the 16th July, 2025.

This historic visit underscores ILÉ IYÁN’s unwavering commitment to preserving culture, celebrating royalty, and promoting tourism in Nigeria. The event brought together a remarkable fusion of heritage and hospitality, reinforcing the brand’s core values of cultural pride and excellence.

Speaking on the occasion,
“Hosting His Royal Majesty, the Arujale-Ojima of Okeluse, at ILÉ IYÁN Headquarters is more than an honor, it is a reaffirmation of our mission to preserve heritage while shaping the future of culture and tourism in Nigeria,” said General Manager, ILÉ IYÁN Mr Sanni Afeez

Chef Sanni Sheriff, Founder & CEO of ILÉ IYÁN, also expressed his excitement:
“It is an honor to host such a distinguished and youthful monarch. This meeting reflects the deep cultural roots we uphold at ILÉ IYÁN and our dedication to creating platforms that celebrate the richness of our traditions while inspiring the next generation.”

“Hosting His Royal Majesty, the Arujale-Ojima of Okeluse Kingdom, at ILÉ IYÁN Headquarters was an unforgettable moment for us as a team. This visit goes beyond a ceremonial event, it highlights our brand’s deep connection to cultural heritage and our commitment to preserving traditions while creating modern experiences that celebrate African identity.
At ILÉ IYÁN, we pride ourselves on being more than a culinary brand; we are cultural ambassadors. Welcoming the youngest monarch in Southwestern Nigeria reminds us of the responsibility we carry to keep culture alive through food, hospitality, and meaningful partnerships. This historic day will inspire us to continue blending tradition with innovation as we grow globally.”
Princess Paulina Legba, Senior Operations Manager, ILÉ IYÁN

The memorable day was marked by engaging conversations, cultural exchanges, entertainment featuring cultural dance troupe, fire dancer and an authentic culinary experience that showcased the essence of Yoruba heritage.

ILÉ IYÁN ORIGINAL continues to champion Nigerian culture, food innovation, and tourism, staying true to its mission of connecting people through food and tradition and cements its place as a cornerstone of Nigeria’s cultural renaissance and a must-visit destination for locals and tourists alike.

EKAABO SI ILÉ IYÁN
EYIN OLOLUFE WA
For ILÉ IYÁN dining experience and food delivery kindly visit or contact any of our locations

📍ILÉ IYÁN ADMIRALTY WAY

4A WOLE OLATEJU CRESCENT OFF ADMIRALTY WAY LEKKI PHASE 1
(OPPOSITE KINGFISHER/MARCOPOLO RESTAURANT)

📍ILÉ IYÁN ANNEX
PLOT 6 DR. MUIZ BANIRE STREET OFF BISOLA DUROSINMI ETTI DRIVE LEKKI PHASE 1
ONLINE FOOD DELIVERY, RESERVATIONS KINDLY CONTACT
KINDLY CONTACT: 09024475402
or simply send an
Email: ileiyan234@gmail.com
Our social media channels are
www.ileiyan.ng
Instagram: @ileiyan_ng
Facebook : ILÉ IYÁN NG
Twitter: @ileiyan_ng
TikTok: @ileiyan_ng

Continue Reading

Business

Aliko Dangote retires from Dangote Cement Plc

Published

on

Aliko Dangote retires from Dangote Cement Plc …Ikazoboh steps in as Chairman

Aliko Dangote retires from Dangote Cement Plc

Ikazoboh steps in as Chairman

Foremost entrepreneur and founder of Dangote Cement Plc, Aliko Dangote has announced his retirement as a Director and the Chairman of the Board of Directors, effective July 25, 2025. He is relinquishing his position as chairman and retiring from the board so as to focus more attention on the Refinery, Petrochemicals, Fertiliser and Government Relations, in order to drive the company’s five-year business trajectory to a superlative height.
The board of Dangote Cement Plc has therefore announced the appointment of Mr. Emmanuel Ikazoboh, an independent non-executive director, as the new Chairman, Board of Directors.  In the same vein, Hajiya Mariya Aliko Dangote was also appointed to the Board of Directors of the Company while Prof. Dorothy Ufot retired from the Board.
Reputed as Africa’s leading investor, Aliko Dangote leaves giant footprints as he retires from the board. His vision and tenacity redefined not just a company, but the entire cement industry landscape by becoming Africa’s largest cement producer and largest exporter of cement and clinker in Sub Saharan Africa.
Aliko Dangote retires from Dangote Cement Plc

…Ikazoboh steps in as Chairman
Aliko Dangote’s journey with cement began with a bold dream: to make Nigeria and Africa self-sufficient in cement production. Through strategic investments in state-of-the-art plants, and a commitment to local content, he not only met that goal but exceeded it.
Dangote Cement Plc has 52.0Mta capacity across African continent with Nigeria accounting for 35.25Mta. Currently, additional greenfield plants are coming up in Cote Ivoire (3.0Mta) and Itori, Nigeria (6.0 Mta) and on completion this year will push total capacity to 61.0Mta.
Under his visionary leadership, Dangote Cement Plc recorded the   highest revenue and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) in the history of the company. According to the unaudited results for the six months ending 30th June 2025, the group revenue went up by 17.7 percent, from N1,760 billion at the same period in 2024 to N2,071.6 billion, representing the highest revenue in the history of the company.
Group Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) grew by 41.8 percent to N944.900 billion from N666.22 billion. EBITDA (Nigeria Operations) grew by 82.4 percent to N845.4 billion. Profit before tax went up from N292.96 billion to N730 billion indicating 149 percent increase while profit after tax surged by 174.1 percent to ₦520.5 billion, in contrast to N189.90 billion in the same period at the preceding period. In the six months, export volumes from Nigeria increased by 18.2 percent, with 18 successful clinker shipments made to Ghana and Cameroon.
Aliko Dangote’s legacy will be counted in the millions of jobs created, the infrastructure built, and the confidence restored in African industrial potential. He has proven that Africa can produce, compete, and lead on the global stage.  It is on record that  subsidiaries under Dangote Group  paid over N402 billion in taxes in 2024, making it the highest taxpayer in the country.
The new Chairman of the Board of the Company, Emmauel Ikazoboh in his acceptance speech, said he is truly honored to accept the role of Chairman of Dangote Cement Plc while pledging to uphold the highest standards of leadership and dedication in this role.
He described the company as a beacon of African enterprise, which has consistently demonstrated resilience, innovation, and a commitment to excellence. Over the years, Dangote Cement Plc has not only become the continent’s leading cement producer but has also played a vital role in driving economic growth and development across numerous African nations.
Giving an insight into what his tenure holds for the company, he said, “my vision for Dangote Cement Plc is built upon a foundation of sustainable growth, operational efficiency, and unwavering commitment to our core values. We will continue to focus on the following key priorities, Operational Excellence, Strategic Expansion, Sustainability, Innovation and Community Engagement.
Part of the strategies he intends to introduce include driving down costs through the implementation of robust cost-reduction strategies to navigate inflationary pressures and enhance competitiveness. The company he stated will accelerate efforts to adopt alternative fuels and technologies, reducing reliance on fossil fuels and contributing to a more sustainable future.
Regarding staff welfare, he promised that the company will continue to invest in training and development, fostering a culture of excellence and empowering employees to reach their full potential.
Emmanuel Ikazoboh was previously the Group Chairman of Ecobank Transnational Inc., the Pan-African banking group. He started his professional career at Akintola Williams Deloitte. He first became the Managing Partner for francophone offices in Cameroon and Côte d’Ivoire and later became the Managing Partner of the Deloitte firm in West and Central Africa until 2009. In 2010 he was appointed by the Securities and Exchange (SEC) as an Interim Administrator to carry out capital market reforms of the Nigerian Stock Exchange (NSE) and the Central Securities Clearing System Plc. (CSCS).

Continue Reading

Business

Property Dispute: group petitions Force Criminal Investigation Department against Mr Babatunde Wusu

Published

on

Property Dispute: group petitions Force Criminal Investigation Department against Mr Babatunde Wusu

By Ifeoma Ikem

 

A group of persons have filled a petition to the Lagos Federal Criminal Investigation Department (FCID) against Mr. Babatunde Wusu, Mrs. Otti Funke Olayinka, and CTSR Properties Limited over alleged conspiracy, impersonation, perjury, criminal trespass, fraudulent misrepresentation, and other serious offenses.

The petition was filed by solicitors to Mr. Babajide Debayo Doherty, Mrs. Abimbola Biobaku, Mrs. Funmilayo Jawando, and Svengali Designs Limited.

The petition was over a dispute of ownership of a property at Plot 60, Chief T.A. Doherty Layout, Morison Crescent, Oregun, Ikeja, Lagos State.

 

According to the petitioners, the accused individuals and company have committed grave criminal infractions, including diversion of funds, cheating, criminal breach of trust, malicious damage, and unruly conduct likely to cause breach of public peace.

The petitioners are seeking justice and resolution to the dispute, which has significant implications for the parties involved.

Mr. Babajide Debayo Doherty, one of the recognized beneficiaries of the estate who spoke at the briefing, averred that the land in question was part of the estate of Chief T.A. Doherty.

He said that in 2014, a 50-year sublease was issued to CTSR Properties at an unusually low rate of ₦250,000 per acre per year for the first decade amounting to only ₦445,750 for the first year.

The arrangement, he explained, was executed under questionable family dynamics and has since become the center of multiple breaches of contract.

He said that despite occupying the land, Mrs. Olayinka reportedly paid only ₦250,000 to date and went on to sublease the property to others without seeking approval from the actual landlords, a clear violation of her lease terms.

“More alarming is her alleged false claim of ownership in contracts issued to tenants.

“The conflict intensified when a group of policemen, bailiffs, and thugs accompanied by bulldozers stormed the property, forcibly ejecting tenants, dismantling parts of the warehouse, and locking out security staff.

“The order that was presented was discovered to have originated from a suspicious court judgment involving unfamiliar names, raising questions about its legitimacy”.

He said that while a police team from Alagbon was eventually deployed to regain control of the property, the accused party allegedly returned days later, this time with a larger bulldozer and a fresh group of enforcers.

He said that although some area boys were arrested, but Mrs. Olayinka remains at large and she is said to coordinate her actions under the cover of the night.

“In a high-level meeting at the AIG Zone 2, Mrs. Olayinka failed to produce any proof of family notification before reselling or subletting her lease and could not present documentation of payments received.

“Meanwhile, tenants say she continues to ignore an ongoing court case seeking to terminate her lease.

“This is not just a civil matter anymore,” one tenant said. “It’s a calculated attempt to use force to hijack private property.”

Authorities have ordered all parties to maintain status quo while investigations proceed. The property remains under police surveillance.

Repeated attempts to contact Mrs. Otti Funke Olayinka were unsuccessful, as her phone number remains unreachable.

Continue Reading

Cover Of The Week

Trending