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COVD -19 : Over 900 Nigerians, 20 corporations support Health Workers Fund

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More than 900 individual donors, including celebrities, and about twenty corporate organizations, have donated to the   N1 Billion Health Workers Fund initiated by Giving.ng, Nigeria’s premier crowdfunding platform. 

By the end of July, the Fund, which was launched in April 2020 and seeded with N25 Million Naira by leading commercial bank, Sterling Bank Plc, had paid over N25.7 million in hazard allowances to one hundred and eleven frontline health workers fighting the COVID-19 pandemic across the country. 

A statement by Giving.ng shows that since the Fund was inaugurated, not less than 900 Nigerians, including celebrities and 20 corporate bodies, have provided support. 

In the statement, Governing Board Chairman of the Health Workers Fund, Dr Olaokun Soyinka, commended the resilience of the health workers and their dedication to duty. He appreciated the generous gesture of all donors for what he described “as a boost to the oft-neglected area of incentivizing health workers, which is critical.” 

He disclosed that one hundred and eleven health workers have been paid N100,000.00 for three consecutive months, across seven states of the federation. “The virus is still very much with us. Against the backdrop of the increasing numbers of COVID-19 cases across the country, we need to incentivize more of our protectors. Therefore the Fund will continue to enroll new beneficiaries till October 31st, 2020.” The Fund offers a 3-month augmentation of hazard pay to enrolled workers. 

Dr. Soyinka added that “we are hoping to expand both the scope and reach of the allowances. With our plan to extend the period of intervention, we will be counting on getting more partners on the project as the board evolves rapidly to stay ahead of COVID-19 developments and will discharge our duty transparently.” 

According to the Chief Executive Officer of Sterling Bank, Abubakar Suleiman, the Health Workers’ Fund is the bank’s battle cry. Even if the country builds 1,000 new Intensive Care Units (ICUs) today and healthcare workers are unable to attend to patients because they are falling sick, there will be a problem. 

He added that; “understanding the challenges of the health workers before the pandemic and during the early days is a critical motivation behind our support for the project. We are glad to have supported a project that has carried on brilliantly.” 

Other brands that have supported the project include Pulse.ng, Trace TV, Hygeia HMO, Cerebre Digital Media, Netcore Solutions, Ventures Africa, ONTV, while celebrity partners include Chef Fregz, Desmond Elliot, the Mbadiwe Twins, Toby Grey, Sly Williams, Fawazzy, D’Angel, and MC Rhelax among others. 

Over 900 Nigerians, 20 corporations support Health Workers Fund 

More than 900 individual donors, including celebrities, and about twenty corporate organizations, have donated to the   N1 Billion Health Workers Fund initiated by Giving.ng, Nigeria’s premier crowdfunding platform. 

By the end of July, the Fund, which was launched in April 2020 and seeded with N25 Million Naira by leading commercial bank, Sterling Bank Plc, had paid over N25.7 million in hazard allowances to one hundred and eleven frontline health workers fighting the COVID-19 pandemic across the country. 

A statement by Giving.ng shows that since the Fund was inaugurated, not less than 900 Nigerians, including celebrities and 20 corporate bodies, have provided support. 

In the statement, Governing Board Chairman of the Health Workers Fund, Dr Olaokun Soyinka, commended the resilience of the health workers and their dedication to duty. He appreciated the generous gesture of all donors for what he described “as a boost to the oft-neglected area of incentivizing health workers, which is critical.” 

He disclosed that one hundred and eleven health workers have been paid N100,000.00 for three consecutive months, across seven states of the federation. “The virus is still very much with us. Against the backdrop of the increasing numbers of COVID-19 cases across the country, we need to incentivize more of our protectors. Therefore the Fund will ported the project include Pulse.ng, Trace TV, Hygeia HMO, Cerebre Digital Media, Netcore Solutions, Ventures Africa, ONTV, while celebrity partners include Chef Fregz, Desmond Elliot, the Mbadiwe Twins, Toby Grey, Sly Williams, Fawazzy, D’Angel, and MC Rhelax among others.

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ZENITH BANK TO LAUNCH MAIDEN GIRL-CHILD EMPOWERMENT PROGRAMME

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Zenith Bank Plc is set to launch the maiden edition of its Girl-Child Empowerment Programme, an initiative aimed at inspiring young girls to dream boldly, develop the skills and confidence to pursue their aspirations, and prepare for meaningful opportunities in the future.

The event, themed “Banking On Her Tomorrow,” is the brainchild of the Bank’s Group Managing Director/Chief Executive Officer, Dame Dr. Adaora Umeoji, OON, the first female GMD/CEO in Zenith Bank’s history and a strong advocate for girl-child education and empowerment. The event will be held virtually on Monday, October 12, 2026, at 11:00 a.m., a day after the International Day of the Girl Child, observed globally on October 11.

The programme, which will feature an impressive lineup of distinguished experts in various fields, seeks to provide girls with the inspiration, knowledge and practical perspectives needed to navigate their education and careers, while exposing them to opportunities in skills development, mentorship and leadership. As an annual platform, it will encourage girls to recognise their potential, broaden their aspirations and equip themselves to make informed choices about their future.

The initiative builds on Zenith Bank’s longstanding commitment to women and girls, demonstrated through programmes and platforms including the Bank’s annual International Women’s Day Seminar, its sole sponsorship of the Zenith Women’s Basketball League, the Women of Honour Awards in partnership with the Ford Foundation, and the Pad-a-Queen Initiative. These complement the Bank’s women-focused financial solutions, including the Z-Woman initiative, an empowerment programme that supports women-owned and women-led businesses through specialised funding, capacity building and networking. Together, these initiatives reflect the Bank’s broader commitment to supporting women and girls at different stages of their lives, and to contributing meaningfully to national development.

This maiden edition is open to all, with girls, parents, educators and other members of the public invited to participate. Interested participants can register via the link below. Those unable to join via Zoom can follow the live stream on Zenith Bank’s social media platforms.

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GTCO Plc Releases 2026 Half Year Audited Results …….. Reports Profit Before Tax of ₦603.03billion,Pays Interim Dividend of ₦1

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Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2026, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE).

The Group posted a profit before tax of ₦603.03 billion, driven by strong performance recorded on the interest and trading income lines, which grew y-o-y by 7.5% and 24.7%, respectively. The strong earningsrecorded was moderated by a ₦46.2 billion fair value loss recognized in H1–2026, limiting y-o-y growth in PBT to 0.4%.

The Group grew across its asset lines, reinforcing a balance sheet that is well structured, liquid and diversified. This growth was recorded in each jurisdiction where we operate a banking franchise, and across our Payments, Pension and Funds Management businesses.”

Group’s Total assets and shareholders’ funds closed at ₦18.6trillion and ₦3.3trillion, respectively. Capital Adequacy Ratio (CAR) remained very strong, closing at 34.9% (Bank 29.2%), and asset quality improved as evidenced by IFRS 9 Stage 3 Loans which closed at 3.5% and 4.6% % at both Bank and Group Level in H1-2026 (Bank -3.4%, Group 5.0% in FY-2025). Cost of Risk (COR) improved to 0.6% from 2.2% during the same period.

The Group’s Loan book (net) grew marginally by 0.5% from ₦3.13trillion as of December 2025 to ₦3.15trillion in June 2026, converse for improved performance on Deposit liabilities which grew by 10.3% from ₦12.87trillion to ₦14.19trillion during the same period.

Commenting on the results, the Group Chief Executive Officer of Guaranty Trust Holding Company Plc (GTCO Plc), Mr. Segun Agbaje, said; “Our half year results speak to the strength of what we have built: a resilient franchise, a strong balance sheet and a business that no longer depends on banking alone. Fair value movements weighed on reported earnings, but the core business held firm. Interest and trading income grew, deposits strengthened, and asset quality improved at Group level. The priority now is to execute with discipline and grow responsibly. Digital is our lever for scaling across Banking, Payments, Pension and Funds Management, and for building a more diversified and resilient financial services group.”

Overall, the Group continues to post one of the best metrics in the Nigerian Financial Services Industry in terms of key financial ratios i.e., Pre-Tax Return on Equity (ROAE) of 35.9%, Pre-Tax Return on Assets (ROAA) of 6.6%, Capital Adequacy Ratio (CAR) of 34.9% (Bank: 29.2%) and Cost to Income ratio of 31.5%.

GTCO Plc is a leading financial services group with operations across Africa and the United Kingdom. Renowned   for its strong corporate governance, innovative financial solutions, and customer-centric approach, the Group provides a wide range of banking and non-banking services including payments, funds management, and pension fund administration. The Group is committed to delivering long-term value to stakeholders while driving growth and development across its markets

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ROAD TO THE CROWN: ZENITH BANK/NBBF WOMEN’S BASKETBALL LEAGUE FINAL 8 SET FOR LAGOS

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The road to the 2026 Zenith Bank NBBF Women’s Basketball League title reaches its defining stage as the nation’s top eight teams converge on the Indoor Sports Hall of the National Stadium, Surulere, Lagos, from September 28 to October 3, 2026, for the highly anticipated national Finals.

Emerging from fiercely contested Atlantic and Savannah Conference campaigns, Nigeria Customs, AS Sky Queens, Titans, Air Warriors, MFM, First Bank, Victoria Queens,and Bayelsa Blue Whales have earned their place in the final battle for national honours.

And there is plenty to look forward to.

Last year’s champions, Dolphins Basketball Club, who lifted the trophy after defeating First Bank in the final, will not be in the mix this year after failing to make the top 4 of the Atlantic Conference, leaving the title firmly up for grabs and setting the stage for a new champion to emerge.

But the trophy will be contested by teams with plenty of championship pedigree.

First Bank, last year’s finalist and the most successful team in the history of the competition, arrives with a record nine league titles, while MFM will be looking to draw on its recent dominance after winning back-to-back championships in 2023 and 2024. With both sides among the Final 8, history, experience and ambition will collide as the battle for the crown unfolds.

It is a level of competition that reflects the growth of a league that has, for more than two decades, provided a platform for Nigeria’s best female basketball talents to emerge, compete and develop. At the heart of that journey has been Zenith Bank, the sole sponsor of the National Women’s Basketball League since 2005.

Through its partnership with the Nigeria Basketball Federation (NBBF), Zenith Bank has consistently supported the development of women’s basketball, helping to provide and sustain a competitive platform where talents can be discovered, nurtured and prepared for the highest levels of the sport.

The league has also served as an important pathway to theNational Women Basketball team, D’Tigress, with several players who have featured prominently for Nigeria emerging from the domestic competition. Beyond the national team, the league continues to contribute to youth development by giving young female athletes the opportunity to build confidence, skill, discipline, teamwork and professional sporting careers.

Now, the spotlight turns to Lagos. Which team will grab theopportunity to write a new chapter in the history of Nigerian women’s basketball?

Eight teams. One destination. One crown.

For Zenith Bank, the sponsorship of the Women’s Basketball League represents more than support for a sporting competition. It reflects the Bank’s broader commitment to creating platforms that provide opportunities, develop potential and make a meaningful difference in the lives of young Nigerians.

This commitment extends across several areas of community development, with notable initiatives including:

• The reconstruction and beautification of Ajose Adeogun Street and Roundabout
• The annual Zenith Bank Youth Parade and Light-Up Ceremony
• The construction of ICT Centres in tertiary institutions across the country, and
• The construction of the ultra-modern Iga Iduganran Primary Healthcare Centre, among others.

Through these initiatives and its longstanding support for women’s basketball, Zenith Bank continues to demonstrate that its commitment to society goes beyond banking, with a focus on creating opportunities and contributing to the development of communities and the next generation.

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