Business
Adron Homes Unveils ‘Lemon Friday’, Creates Stream of Opportunities for Customers
As the global culture of Black Friday Sales draws nearer across the globe where several top brands slash their prices ridiculously low in a bid to give back to customers; Real Estate top playing company; Adron Homes and Properties in its usual manner redefined its own to LEMON FRIDAY, which is also similar to the Black Friday but because of the uniqueness of Adron Homes Lemon colour, the company adopted Lemon Friday as a means of giving its existing customers and new customers an unimaginable slash on the prices of their landed properties littered across Nigeria and beyond.
At the launch and official press briefing at the head office of the company on Omole Phase 1 Lagos on Friday, the 17th of November; the company’s representatives and sales team highlighted and unveiled the massive discount on their properties in a bid to follow the global trend and also follow top companies across the world that will be giving an amazing discount to customers at the upcoming Black Friday Sales coming.
The Adron Lemon Friday has become a way of encouraging customers to take an opportunity to secure landed properties at affordable prices while they also stand chances of winning mouth-watery prizes. At the unveiling; customers are encouraged to pay as low as 30k for a landed property and stand a chance of winning a Bag of Rice and chicken in a bid to celebrate the Yuletide season that is fast approaching.
While many would wonder why buying lands attracts prizes, it will be very open to clear the air that Adron has a track record of always delivering on what the promise. To buy land and pay as low as 30k gives the subscriber a double value for their money in landed property and gifts and also massive infrastructural investment within the estates across the country. It’s a roller coaster of opportunity for anyone who seizes the opportunity of the Lemon Friday promo. Some other categories include; Paying 60k and getting a gift like Rice, Oil, Electric Blender, Fan and cooking pots.
Customers can also pay 100k and stand a chance of winning prizes like; rice, cooking oil, double-faced gas burners, electric cooking pots and chicken.
Subscribers can also stay hooked to the pocket-friendly 200k plan and stand a chance of going home with Mouthwattery prizes like; a standing fan, air fryer, live Goat and a bag of rice.
There is also a category for 500k which not only qualifies customers for a plot of land but also allows the customer to go home with a chest freezer, Live Goat, washing machine, Microwave and rice.
For high-earning subscribers; the 1Million NAIRA down payment qualifies you to win amazing juicy prizes like; A smart TV, a Live Goat, a Cow, an Air conditioner, a Bag of Rice and a host of other gifts.
For customers who are making a down payment of 1.5 Million Naira; this increases their chances of going home with a twin-door standing freezer, a cow, a bag of Rice and a water dispenser.
For customers who are making a down payment of 2 million NAIRA on our lands, they stand a chance to go home with not only a plot of land they will also be gifted a Cow, Twin Door standing fridge with freezer and a Bag of rice.
According to the company; customers have the right to select the category of the gift they want and immediately they subscribe by filling out the necessary forms and also paying the amount required into a designated company account; they are entitled to the gift of their choice that falls within the category of the amount they paid. They also disclosed that a third party can also pick gifts on behalf of customers when they get written authorization or authorization via email which will enable them to verify authenticity to avoid giving gifts to the wrong person.
On payment method, the company emphasized customers who are willing to pay and enjoy the massive benefits of Lemon Friday to refrain from paying into any sales rep’s account and that the company will not be held liable if any customer pays into the account of a staff member rather than paying into the company’s account via bank transfer or bank Cheque. The company also advised customers to desist from bringing cash to avoid being a soft target for fraudsters or thieves which will also give room for customers’ safety.
Like most companies Black Friday only starts and ends on the same day; Adron’s Lemon Friday does not end on the same day, the promo runs through the end of November till the first week of December thereby creating rooms for those within the shores of Nigeria and outside enjoy from the massive slash in prizes.
For more information, visit any of their offices nationwide or contact them via their social media channels on Facebook Adronhomesofficial, Twitter @adronhomes and Instagram @adronhomesofficial or visit our website at www.adronhomesproperties.com to read more about Adron Homes and schedule an inspection to any of their lands in Lagos, Ogun, Osun, Oyo, Ekiti, Niger, Nasarawa and Abuja with their well-trained sales representative who is ready to take your round or facilities and answer every question to clear every curiosity. The company is also working on the latest AI tool with a 360 panoramic virtual tour of their properties which enables customers to take a virtual tour of their properties without even visiting there in person. The newest innovation will save time and also give clients an Avenue to make decisive decisions on the spot.
Apart from Lemon Friday; Adron is known for engaging in massive sales promo to encourage tenants to achieve their dreams of being landlords without breaking the bank. With a payment plan for 12-48 months, Adron has maintained its consistency in ensuring that customers pay in bits and after confirmation of payment allocation of lands is done for those who are building immediately. Their estates are well and taste fully built with modern roads and concrete pavements with recreational facilities and malls. It also boasts of the best street lighting, surveillance security cameras, solid road networks, perimeter fencing and a whole lot of amenities that make an estate habitable.
The dice have been cast and the floor of opportunities has opened for customers to take advantage of the Lemon Friday delay might be dangerous. Subscribing to any of the plans further solidified your opportunity to transition from being a tenant to a homeowner. Hurry and start paying because with Adron Homes you are sure of a community built with serenity, peace and tranquillity at am affordable prices.
Business
Access Bank Set to Host Pioneering Africa Trade Conference in Cape Town
Access Bank PLC is set to host its first-ever Africa Trade Conference (ATC), a landmark event focused on advancing Africa’s economic transformation under the theme, ‘Empowering Africa Through Trade, Innovation, and Sustainable Growth’.
Scheduled for March 12, 2025, in Cape Town, South Africa, the conference is poised to bring together the most influential voices in trade, finance, and policy to address the future of commerce across the continent.
With Africa’s trade finance gap estimated at $81 billion annually, the conference aims to tackle the systemic challenges hindering trade, particularly for SMEs and domestic firms. By fostering collaboration among key stakeholders, the Conference will explore innovative solutions, sustainable trade practices, and strategies for expanding African economies into global value chains.
Roosevelt Ogbonna, Group Managing Director/Chief Executive Officer, Access Bank PLC, emphasised the importance of the Africa Trade Conference, in addressing these pressing issues. “The Africa Trade Conference represents a crucial step in redefining Africa’s trade potential. By creating platforms for dialogue, innovation, and actionable solutions, Access Bank is enabling African businesses to connect and thrive in the global economy.”
Access Bank’s presence across 24 countries globally, including 16 in Africa, provides a unique advantage in facilitating inter- and intra-African trade.
The Bank’s growing network positions it as a key player in addressing trade complexities and promoting inclusive growth across the continent.
Seyi Kumapayi, Executive Director, African Subsidiaries, Access Bank, highlighted the broader vision of the forum, saying, “The Africa Trade Conference is a platform to not only address Africa’s trade challenges, but to champion the continent’s opportunities.
Through strategic partnerships, tailored financial solutions, built on the ethos of sustainability, we are paving the way for Africa’s businesses to take their place on the global stage.” This flagship event will convene a distinguished line-up of seasoned speakers, and top executives from leading international banks, Development Finance Institutions (DFIs), and captains of industry in Africa.The ATC will also shine a spotlight on the transformative potential of the Africa Continental Free Trade Area (AfCFTA), which aims to reduce trade barriers, enhance infrastructure, and integrate African economies into global trade networks.
Furthermore, the event will explore critical themes shaping the continent’s economic future, including the transformative role of digitization and innovation in global trade, solutions for overcoming trade barriers to enhance market access, as well as sustainable trade practices and innovative financing models, thereby providing a comprehensive roadmap for advancing Africa’s position in global commerce.
Please visit https://africatradeconference.accessbankplc.com/ for more information.
Business
Zenith Bank Motivates Staff with Promotions, Salary Increment to Boost Productivity
One of Africa’s leading financial institutions, Zenith Bank has reaffirmed its dedication to employee welfare by announcing the promotion of over 4,000 staff members and implementing salary increases ranging from 20% to 30% across various employee grades.
This bold initiative, under the leadership of Managing Director/CEO Dame Adaora Umeoji, is aimed at boosting staff morale and productivity.
With over 8,000 employees, this significant investment in human capital reflects Zenith Bank’s belief that its workforce is its most valuable asset. The salary adjustments, effective January 1, 2025, aim to reward performance, alleviate financial pressures, and ensure enhanced customer service delivery. Promotions for top management are also expected as part of the bank’s ongoing commitment to excellence and growth.
Dr. Umeoji emphasized the importance of maintaining a motivated workforce, stating that the bank’s dedication to its employees will translate into superior service experiences for customers. She highlighted the organization’s commitment to setting industry benchmarks through innovative solutions and exceptional service delivery.
Zenith Bank’s continued leadership in the Nigerian financial sector is underscored by numerous awards, including Best Bank in Nigeria 2024 by Global Finance and recognition as the Biggest Bank in Nigeria by Tier-1 Capital in 2024 by The Banker. These accolades complement its reputation for innovation, sustainability, and corporate governance.
By prioritizing employee welfare during challenging times, Zenith Bank not only strengthens its internal operations but also sets a standard for other financial institutions in the region, reinforcing its position as a leader in Africa’s banking landscape.
As a major player in Nigeria’s financial landscape, under its managing director/chief executive officer, Adaora Umeoji, the bank has embraced a holistic approach to growth that integrates environmental, social and governance (ESG) principles with its core business objectives.
At the heart of Zenith Bank’s strategy is a focus on buoying economic inclusion, supporting small and medium-sized enterprises (SMEs) and driving technological innovation to enhance customer experiences. The bank’s proactive investments in renewable energy, sports, digital transformation and impactful community initiatives exemplify its dedication to creating long-term value for its stakeholders while addressing global sustainability challenges.
Zenith Bank’s continued success is driven by a combination of strong financial performance and an unwavering commitment to its stakeholders.
Zenith Bank’s growth trajectory is underpinned by a robust expansion strategy. With operations in several countries, including the UK, UAE, China, and most recently, France, the bank continues to expand its geographical footprint.
As usual, the bank’s efforts in 2024 did not unnoticed as the lender clinched several local and international awards in recognition of its outstanding performance.
In 2024, the bank won the Best Bank in Nigeria at the annual Global Finance award in Washington, DC, NY.
The bank also emerged the Biggest Bank in Nigeria by Tier-1 Capital, 2024 by The Banker; Best Commercial Bank, Nigeria 2024 – World Finance; Best Corporate Governance, Nigeria 2024 – World Finance; Most Sustainable Bank, Nigeria 2024 – International Banker; Bank of the Year, 2024 – Business Day; Retail Bank of the Year, 2024 – Business Day; Bank of the Year 2024- The Banker.
It also clinched the Most Responsible Organization in Africa 2024 – SERAS; Best in Gender Equality & Women Empowerment 2024 – SERAS and Best in Transparency & Reporting 2024 – SERAS
Business
Against All Odds, FirstBank Eyes Another Decade of Growth
In the first nine months of last year, the earnings per share (EPS) of FBNHoldings Plc, the parent company of First Bank of Nigeria Limited as well as its profit grew by 125 per cent year-on-year (Y/Y).
But there is much more to where the premier bank stands in core banking and its profitability is not a mere accretion of transaction charges but that it has also increased its commitment to financial intermediation. In the three quarters, its interest income, which gives a clue of sustainable profit run, grew by as much as 165 per cent to N1.63 trillion.
And these are not just a random progression, neither are they products of white noise in its corporate journey. It has shown consistency of growth in both top and bottom-line metrics in the last few years, giving an expression to the tagging of its post-2015 crisis era as the ‘decade of miracle’ in the investment market.
For instance, from 2019 to 2023, its most recent audited financial, its EPS has expanded by over fourfold – from 195 kobo to 859 kobo, one of the fastest growing in Nigeria’s capital market. In the same period, it grew its yearly operating profit by over 320 per cent, from a mere N73.8 billion to N310.5 billion.
On the top line, its earnings nearly tripled, growing from N623 billion to N1.6 trillion in five years, during which its total assets jumped by N10.7 trillion to close last year at N16.94 trillion. In the half-decade, according to data obtained from its books, its total shareholder’s equity even grew faster – expanding from N661 billion to N1.75 trillion or 163 per cent.
As a key growth driver, its loans to customers saw a whopping rise of 243 per cent in the period to hit N6.36 trillion as of December 2023. Its facilities, according to information gleaned from its financials are spread across key sectors, including oil and gas, manufacturing, agriculture, agro services, construction, and real estate among others.
Whereas the five-year cycle has demonstrated robust growth, last year’s operations demonstrated even more resilience with the awaited full-year result promising to trump the previous ones. On key profitability indices, last year’s nine months exceeded the 2023 comparative period or full year by wide margins.
For instance, its earnings in the first nine months of 2024 were N2.25 trillion or N655 billion higher than the entire 2023 figure and 134 per cent higher than its comparative period, pointing to an annualised gross of N2.8 trillion. While the interest income showed remarkable growth, its non-interest income was also 82 per cent up from the 2023 three quarters’ N320.5 billion.
The lender’s recent migration to transaction-led banking is paying off with the reinvention of its digital payment system. At the close of last September, First Mobile subscribers had hit 6.9 million while over 23 million had subscribed to a potpourri of online platforms.
With its new 10-year vision, which was articulated in 2023, billed to consolidate these gains, the ‘decade of miracle’ might as well serve as the launch pad of the new FirstBank. But the recent boardroom intrigue and the dispute with General Hydrocarbons Limited (GHL) are a costly distraction the bank cannot afford. Hence, many stakeholders are seeking faster and less confrontational solutions to the crisis.
Amidst the conflicts, the Chief Executive of FirstBank Group, Olusegun Alebiosu, described a 10-year vision of the bank as a major stand in its Vision 2033, which would push the Nigerian premier financial institution to top three universal banks in Africa across retail, wholesale and wealth management customer segments.
“Given that the 10-year vision aspiration is still very market-relevant, and I was also an integral part of the process that birthed it, I intend to focus on ensuring its disciplined execution during my tenure as the Chief Executive Officer.
“As the CEO, I have a clear vision for FirstBank Group, and I am confident that with the strong support of the rest of the management team and board, we will deliver a franchise that will continue to be the pride of Nigeria and Africa within the financial services landscape,” the chief executive, who has told the market that his risk management background means nothing short of sustainable growth, said.
At the 12th AGM of FBNHoldings held on 14th November 2024, shareholders approved another N350 billion capital raise action, which the bank said would be executed in a blend of approaches this year. Plus, with the previous N150 billion rights issues, FirstBank is expected to exceed the new N500 billion minimum capital requirements well ahead of the 2026 deadline to keep its international licence.
A major speed slowing the pace of the traditional banks today is the natural advantage that digital-first banks like Opay, MoniePoint and others have been cloud-natives. Sadly, the brick-and-mortar toga poses a legacy constraint for traditional banks. But FirstBank, the first fruit of the conventional banks, has gone ahead with a digital evolution campaign.
Today, the CEO said, over 90 per cent of FirstBank’s customer-induced transactions happen on the digital channels – FirstMobile, FirstOnline, Lit App, *894#, FirstDirect and ATMs, where it has a comparative advantage.
“As the bank implements its cloud strategy, we are focused on building a nimbler, always-on and resilient financial services group that leverages its rich legacy to serve its customers’ current and emerging needs,” Alebiosu believes.
Interestingly, 2025 is the take-off of the bank’s 2025 to 2029 strategic planning cycle. The bank intends to “double down” on its dominant position across all the markets where we operate. Part of the programme is strategic investments to improve customer experience to make it easier for existing and prospective customers to interact and do business on its offline and digital platform, deploying new technologies and ramping up artificial intelligence deployment to scale up digital operations.
But as it turns out, FirstBank and its sister organisations also have a responsibility to urgently put behind the current distractions to continue consolidating the gains of the ‘decade of miracle’.
Culled From The Guardian