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Have you ever wondered what it takes to drive significant revenue growth in today's fast-paced financial world? At FCMB Group, the numbers speak for themselves. By the end of December 2024, the Group had recorded an impressive 53.9% increase in gross revenue, reaching a whopping N794.4 billion. This surge was largely powered by a remarkable 75.2% growth in interest income and a steady 8.7% rise in non-interest income. Even amidst the backdrop of high funding costs, net interest income grew by a solid 27.6%, bolstered by…

The Pentagon's inspector general's office is set to launch an investigation into the use of the commercial messaging app Signal by US Defense Secretary Pete Hegseth for discussions related to air strikes in Yemen. This inquiry stems from a memo highlighting concerns regarding compliance with established policies regarding communication channels. Recently, the Trump administration has found itself enmeshed in controversy following the accidental leak of a group chat featuring senior security officials discussing air strikes…

Mogadishu (AX) – The sounds of bustling city life in Mogadishu blend with a unique sense of hope as the recent initiative by President Hassan Sheikh Mohamud captures attention across Somalia. The president's call for national peace talks signifies a step towards unity, one that resonates deeply within the heart of Somalia’s Southwest region. In particular, the Maanshiil Forum—a coalition of opposition figures—has raised its voice in a welcoming chorus. Their optimism mirrors the sentiment of countless Somali…

In a notable gathering that promised to shape the future of global tourism, Mister Nkhumeleni Victor Vele, the Director General of the South African Department of Tourism, recently presided over the inaugural meeting of the Tourism Working Group. This assembly brought together senior officials and experts from the G20 nations, all driven by a common ambition: to propel the tourism sector into a new era of resilience and innovation. The atmosphere buzzed with anticipation, underscoring the profound impact that tourism can…

The Power of Unity - FCMB Group's Inspiring Campaign Imagine this: You're watching a 90-second TV commercial that invites you to reconsider the essence of strength. Is it found in a solitary moment, a single achievement, or is it something far greater? The commercial dancing before your eyes vividly contrasts individual efforts with the monumental power of collective action. It poses profound questions: What truly defines strength? Is it merely one humble bounce, the sound of a ball connecting with the ground, or is…

FILE PHOTO Beledweyne (AX) – In the early morning hours of Tuesday, the usually bustling streets of Beledweyne echoed with the sounds of chaos as the Al-Shabaab terrorist faction launched a brazen and calculated siege on the Cairo Hotel. Nestled within Beledweyne's Howlwadaag neighborhood, the hotel became a not-so-innocent backdrop to a grim narrative, punctuated by a series of explosive car bombs and piercing gunfire. Imagine the bustling city, momentarily stilled by the sudden, violent eruption. Al-Shabaab's approach…

Dangote Group: Leading Taxpayer in Nigeria Picture this: It's a typical bustling day in Lagos, vibrant and full of life, when the airwaves crackle with news that's bigger than the city's iconic bridges—Dangote Industries Limited (DIL) and its subsidiaries have done it again. They’ve announced a staggering tax remittance exceeding N402.3 billion for the year 2024. This announcement secures their place as Nigeria's highest taxpayer. During a thoughtful gathering with senior media…

New Developments: UN Extends Sanctions on Al-Shabaab NEW YORK - The ongoing struggle against Al-Shabaab, an Al-Qaeda-linked militant group in Somalia, continues to draw the global community's attention. Recently, the United Nations Security Council made a pivotal decision to extend sanctions against Al-Shabaab with a particular emphasis on clamping down on illegal arms imports and charcoal exports. How do those activities fuel the conflict, and what can be done to curb them? The Security Council, in…

Nigeria's Sweet Future: The Cocoa Revolution Nigeria's cocoa industry is standing at a crucial juncture, teetering on the brink of transformation. Leading the charge in this dynamic shift is Johnvents Group, a beacon of innovation and sustainability in agriculture. With inclusivity and a laser-focus on strategic growth, Johnvents is masterminding a new era for Nigerian cocoa, a story vividly unfolding through its budding alliance with British International Investment (BII) in Premium Cocoa Products (Ile-Oluji), a proud…

A Palestinian advocacy organization for prisoners has announced that Israeli authorities are set to release 110 detainees, including 30 minors. This release is part of a broader agreement reached with Hamas in the wake of a ceasefire in Gaza. In an official statement, the Palestinian Prisoners' Club declared, "Tomorrow, 110 Palestinian prisoners are to be released," marking the third exchange of hostages and detainees since the truce commenced on January 19. The atmosphere surrounding this development seems laden with…