Award
Wema Bank Emerges Best Performing Bank in Half year 2022

Nigeria’s most innovative bank, Wema Bank Plc, has emerged the best performing bank in the first half of year 2022 financial year with a weighted average score of of 2.83 points, beating 12 other bank’s.
According to a special report on the Nigerian banking performance in the first half of 2022 prepared by Nairametrics, Wema Bank ranked first in one category, second in three categories and third in one category. Stanbic IBTC and First Bank came second and third respectively..
The key metrics considered in the report are total asset growth, loan book growth, profit growth, cost-to-income ratio movement, and return on average equity.
The 13’reviewed banks which are listed on the Nigerian Exchange posted a net profit of N1 trillion in 2021 from N887.1 billion recorded in 2020.
The 13 reviewed banks are Wema Bank, First Bank of Nigeria, FCMB, GTB, Jaiz Bank, Access Bank, and Stanbic/IBTC. Others are UBA, Sterling Bank, Unity Bank, Union Bank, Zenith Bank, and Fidelity Bank.
During the first six months of 2022, the thirteen banks posted an aggregate of N501.1 billion as profit after tax, representing an increase of 13.1% compared to N443.17 billion recorded in the corresponding period of 2021
The banks grew their bottom line despite headwinds ravaging the global economy as the energy crisis triggered a significant surge in the operational costs of businesses operating in the country, while some banks were forced to ration their operating hours in a bid to manage the rise in the cost of operation.
Wema Bank came first in the category of
Leading bank’s by customer deposits growth . The bank recorded ±30.2 percent customer deposit growth during the review period, followed by Fidelity Bank and Access Bank with +13.1 percent and +12.8 percent respectively.
Wema Bank came second in three other categories – total assets growth rate (+13%), loan book growth rate (+19.9%) and profit after tax growth rate {+47.8%}.
Stanbic IBTC , the second place winner, ranked first in total asset growth rate and leading bank’s by cost to income ratio growth rate
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Bigi Wins “Friendly Brand of the Year 2023” at Media Consortium Conference and Awards 2023

Bigi, a flagship brand of Rite Foods Limited, has been honoured with the prestigious “Friendly Brand of the Year 2023” award at the inaugural Media Consortium Conference and Awards (MCCA) held on September 28, 2023, at the Sheraton Hotel in Lagos. The conference, themed “Consumer Journey in a Digital Age: Prospects and Challenges,” united industry leaders and experts to explore the ever-evolving consumer landscape and underscore the vital role of customer-centric approaches.
The Media Consortium Conference and Awards (MCCA) 2023 marked a significant milestone by emphasizing the necessity for brands to adapt to the ever-changing consumer journey, maintain transparency in data collection and usage, and safeguard customer data privacy. In a world where digitalisation continues to redefine consumer interactions, this recognition reaffirms Bigi Cola’s commitment to meeting the dynamic needs of its consumers.
During the conference, industry experts and thought leaders convened to share valuable insights and best practices for thriving in the digital age. They highlighted the importance of maintaining continuous consumer engagement and prioritizing customer-centric approaches as essential keys to success in the ever-evolving digital landscape.
Biola Aransiola, the Assistant Brand Manager of Bigi, expressed profound gratitude to the Media Consortium and the esteemed industry professionals who acknowledged Bigi’s remarkable contributions. She stated, “it is an honour to receive the ‘Friendly Brand of the Year 2023’ award. This recognition speaks to Bigi’s unwavering commitment to delivering exceptional products and memorable experiences to our loyal consumers. We remain steadfast in our dedication to placing consumers at the heart of our brand strategy.”
The “Friendly Brand of the Year 2023” award underscores Bigi’s dedication to excellence and its exceptional ability to cultivate meaningful connections with consumers in a rapidly changing digital landscape. Rite Foods Limited remains resolute in its mission to deliver innovative, top-quality products while continually prioritising the preferences and needs of its valued customers.
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Nigerian Journalists, Media Houses, Battle For Awards At 17th NMNA, Oct 29th

The Nigeria Media Nite-Out Award (NMNA) is here again. And up for grabs are professional awards that stands out the worth of a Journalist and the Media Houses they represent.
The Nigeria Media Nite-Out Award since its inception in 2006, has honoured journalists in various categories of the media profession viz a viz Politics, Crime, Aviation, Tourism, Society and others.
Who wins this year? Which newspaper will emerge the best this year 2022-23? Which is the Best TV Station In Nigeria and which is the Radio Station of the Year?
The event will also have in attendance Top government officials, Captains of Industry, and Corporate organisations that are presently making waves. These will be honoured for their different contributions to the growth of the country and for their strong support and identification with the Nigerian Press.
The event is slated for Sunday, October 29th. The D-Day for Nigeria Media Nite-Out Award at The Lagos Airport Hotel, Ikeja, Lagos.
Host is the Honourable Minister for Defence, Bello Matawalle. Co-host, Honourable Speaker, Lagos State House of Assembly, Mudashiru Obasa. Special Guest of Hounour, Oyo State Governor, Mr Seyi Makinde, Governor of Plateau State, Caleb Mutfwang, Honourable Minister for FCT, Nyesom Wike and many other distinguished guests.
Keynote Address will be delivered by the Chairman of Odu’a Group, Otunba Bimbo Ashiru.
This year’s theme is: ‘A Way Out Of Nigeria’s Quagmire In The Next Four Years.’
Nigeria Media Nite-Out Award, a celebration of the fourth estate of government.
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Development Expert, Mary Ikoku, Honored with Chieftaincy Award in Ghana

Accra, Ghana – Mary Ikoku, a renowned figure in Nigeria’s development and public relations sphere, has been bestowed with the prestigious ‘Ugwu Igbo 1’ of Ghana chieftaincy title by the Eze Ndigbo Ghana, Dr. Amb. Chukwudi J Ihenetu.
This remarkable recognition comes as a tribute to Mary Ikoku’s exceptional integrity and leadership qualities that she has consistently demonstrated throughout her illustrious career, as well as her unwavering commitment to serving humanity.
The investiture ceremony took place during the 11th Igbo Day & New Yam Festival, held on September 17 at the picturesque Efua Sutherland Park, situated just opposite the National Theatre in Ghana.
Dr. Amb. Chukwudi J Ihenetu, the Eze Ndigbo Ghana, who presided over the ceremony, hailed Mary Ikoku’s outstanding leadership and pioneering contributions to humanitarian causes, emphasizing that her dedication sets her apart as a beacon among her peers.
Reacting to the honour, Mary Ikoku expressed her surprise and gratitude at receiving the title. She acknowledged that it served as a testament to the recognition of her contributions to the betterment of humanity through her intervention to the welfare of women and children by people beyond the borders of Nigeria.
Mary Ikoku is a multi-skilled development and policy expert specializing in strategy and communications. She has significantly advanced developmental initiatives in Nigeria, particularly focusing on women, children, the vulnerable and displaced populations, as well as policy formulation and execution.
In addition to her distinguished career, Mary Ikoku ventured into politics and stood as an aspirant for the House of Representatives in the Arochukwu-Ohafia Federal Constituency, representing the All Progressives Congress (APC) in the previous general elections. Her multifaceted contributions have continued to inspire and make a lasting impact on various facets of society.
Mary Ikoku’s receipt of the ‘Ugwu Igbo 1’ chieftaincy title in Ghana stands as a testament to her unwavering commitment to integrity, leadership, and service to humanity, further solidifying her legacy as a distinguished figure in Nigeria and beyond.
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