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Sterling Bank commended for supporting Ake Arts and Books Festival
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Sterling Bank Plc has received commendation from poet and novelist Lola Shoneyin who is the founder and Director of the annual Ake Arts and Books Festival. This year’s edition featured thirty events, including book chats, panel discussions, documentary and film screenings, a poetry video album, an art show-case and a music concert. The festival curated five intergenerational conversations that reflected the 2021 festival theme: Generational Discordance.
In her closing remarks at this year’s edition of the festival, which held virtually for the second year because of the Covid-19 pandemic, Shoneyin said, “Having Sterling Bank by our side makes our heads swell. From their commitment to the belief in the transformative power of our stories and for helping us document and archive our ideas, we thank you.”
She said Ake Festival is the envy of cultural entrepreneurs and organisations across the African continent, adding that Sterling Bank has become the code word for companies that support the Arts with sincerity of purpose. “Across the continent, cultural activists often say ‘we need a Sterling Bank’,” she added.
Also speaking, Abubakar Suleiman, Managing Director and Chief Executive Officer (MD/CEO) of Sterling Bank Plc, said the bank has continued to support Africa’s biggest literary festival because education is one of the five sectors that the bank is currently concentrating investments in. The others sectors are health, agriculture, renewable energy and transportation.
The three-day festival featured ‘The Life and Times Series’ event with Booker-Prize shortlisted author, Maaza Mengiste, in a conversation with the festival headliner, Professor Abdulrazak Gurnah, who was announced as the winner of the 2021 Nobel Prize for Literature.
Gurnah, a Tanzanian author, spoke about the invasion of East Africa and noted that until recently, most conversations about colonial presence in Africa had always excluded Germany. The Nobel Laureate, however, used his novel as a medium to narrate how Germany established colonies in present-day Namibia, Cameroon, Togo, parts of Tanzania and Kenya as well as Rwanda and Burundi.
According to him, German colonial rule was as brutal as colonial enterprises were in an era known for its oppression and violence. The author, in Afterlives noted that it was Germany that perpetrated the first genocide of the 20th Century in 1904 and 1908 respectively. The genocide was part of a campaign of ethnic extermination and collective punishment waged by the German Empire against the Herero, the Name and the San in German South West Africa (now Namibia).
Commenting on this year’s theme; Generational Discordance, Shoneyin said the internet has amplified generational differences in almost every area of African life. “From relationships, love and marriage; spirituality and religion; gender and feminism to politics and activism, the differences in perspective are glaring. Where earlier generations of Africans are anchored to their cultural identities, our younger compatriots see themselves as a part of a globalised world. It is easy to assume that our aspirations are poles apart but they are not. Africa cannot afford the luxury of endless culture wars,” she said.
“Engagement and communication – characterised by a willingness to listen – as well as mutual respect and empathy are what will face down the retrogressive forces and the structures and systems that oppress and dehumanize us. We must eschew the sensationalism and divisive influence of digital algorithms and find a more harmonious continental rhythm that allows us to talk to, and not past, each other,” she remarked.
Some of the book discussions included Bring Back Our Girls by Drew Hinshaw and Joe Parkinson; Lionheart Girl by Yaba Badoe; His Only Wife, by Peace Medie; Formation: The Making of Nigeria from Jihad to Amalgamation by Fola Fagbule and Feyi Fawehinmi; Prince of Monkeys by Nnamdi Ehirim; An Ordinary Wonder by Buki Papillon; Butter Honey Pig Bread by Francesca Ekwuyasi; Born in Blackness by NYT columnist Howard French; When the Sky is Ready The Stars Will Appearby EC Osondu; The Sex Lives of African Women by Nana Dorkoa Sekyiamah and The Teller of Secrets by Bisi Adjapon.
Alongside the intergenerational conversations, panel discussions also focused on African crime-writing, conspiracy theories and healthcare; disability rights and repatriating Africa’s stolen treasures, with discussions moderated by Harper Collins’ (UK) Nancy Adimora, which explored Of This Our Country; a new collection of essays and reflections by 24 Nigerian writers.
Virtual visitors enjoyed interviews with Denrele Sonariwo of Rele Gallery and Ade Bantu, Founder of Afropolitan Vibes.
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GTBANK NAMED BEST OVERALL PERFORMING BANK IN NIGERIA IN THE BANKER’S TOP 1000 WORLD BANKS RANKINGS 2026
Guaranty Trust Bank Ltd (“GTBank” or the “Bank“), the flagship banking subsidiary of Guaranty Trust Holding Company Plc (“GTCO” or the “Group“), has been named the Best Overall Performing Bank in Nigeria in The Banker magazine’s Top 1000 World Banks Rankings 2026.
The recognition reaffirms GTBank’s position as one of Nigeria’s leading financial institutions and reflects the Bank’s consistent delivery of strong financial performance, operational excellence, and sustainable growth. The rankings evaluate banks globally using audited financial results, assessing institutions across financial strength, operational efficiency, risk management, liquidity, growth, and profitability.
GTBank ranked 1st Overall as best performing Bank and also ranked 1st in Efficiency and Soundness. The Bank secured 2nd place in other metrics such as Return on Risk, Liquidity, Growth, Leverage and Profitability, demonstrating exceptional performance across all major Banking metrics
Speaking on the achievement, Mrs Miriam Olusanya, Managing Director of Guaranty Trust Bank Ltd, said: “Being named the Best Overall Performing Bank in Nigeria by The Banker is a recognition that means a great deal to us, not just because of the prestige of the publication, but because of what it represents; the hard work of our People, the loyalty of our Customers, and the strength we continue to draw from being part of the Group. Ranking 1st in Overall Performance, Efficiency, and Soundness reflects our disciplined approach to banking, the synergies we harness across the GTCO Group, and our relentless focus on delivering real value. We do not take this recognition for granted. It deepens our resolve to keep raising the bar, to serve our customers better every day, and to remain a Bank that consistently delivers value to all its stakeholders, and to the GTCO Group we are proud to belong.”
This recognition reinforces GTBank’s position as one of Africa’s leading Banking franchises and reflects the strength of its business model, disciplined execution, and sustained investment in innovation. It adds to the Bank’s growing portfolio of international accolades and underscores its enduring commitment to delivering exceptional customer experiences, driving sustainable growth, and creating long-term value for customers, shareholders, and the communities it serves.
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GTCO Launches Second Edition of #BeatTheDistance Initiative, Donating 3,000 Bicycles Across Six States in Nigeria
Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has announced the 2026 rollout of its social impact initiative called #BeatTheDistance.This is a nationwide intervention aimed at supporting school children in underserved communities through the provision of bicycles to ease their daily commute to school.
Marking the second edition of the initiative, GTCO will distribute 3,000 bicycles to schoolchildren across six states in Nigeria—Ebonyi, Jigawa, Benue, Oyo, Akwa Ibom, and Ekiti. The programme builds on the impact of its inaugural rollout in 2019 and underscores the Group’s commitment to improving access to education through practical, community-focused interventions.
By helping to reduce the transportation challenges faced by students who travel long distances to attend school, the initiative seeks to improve school attendance, support learning outcomes, and create opportunities for young people to pursue their education with greater ease and confidence.
Speaking on the initiative, the Group Chief Executive Officer of Guaranty Trust Holding Company Plc, Mr Segun Agbaje, said: “Education remains one of the most powerful tools for transforming lives and creating opportunities. Through the #BeatTheDistance Initiative, we are supporting students whose determination to learn is often tested by the distance they travel each day to access education. By providing these bicycles, our goal is to create an environment where more children can achieve their full potential by reducing fatigue, improving attendance at school, and expanding learning outcomes for children of school age.
He further added: “At GTCO, we believe that meaningful impact comes from addressing real challenges within communities. #BeatTheDistance is one of the ways we are investing in the future by supporting young people and helping to create conditions that enable them to succeed. We remain committed to initiatives that promote inclusion, expand access to opportunities, and contribute to sustainable development.”
The initiative forms part of GTCO’s broader commitment to social impact and sustainable development, particularly in the areas of education, youth empowerment, and community advancement. By helping students spend less time commuting and more time learning, #BeatTheDistance continues to deliver practical support where it is needed most, empowering young people to pursue their education and unlock their full potential.
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ZENITHBANKCHAMPIONSTRADEANDINVESTMENTAT6THCANADA-AFRICABUSINESS CONFERENCE
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ZenithBankPlcreaffirmeditscommitmenttoadvancingtrade,investmentandeconomiccooperationbetweenCanadaandAfricaastheHeadlineConferenceSponsorofthe6thCanada-AfricaBusinessConference, held on Wednesday, 24 June 2026 at Eko Hotel & Suites, Victoria Island, Lagos.OrganisedbytheCanada-AfricaChamberofBusiness,theconferencebroughttogetherahigh-levelCanadian business delegation representing 31 companies, alongside senior government officials, businessleaders, investors, policymakers, diplomats and development partners. The gathering set out to strengthencommercial relations between Canada and Africa and to position Nigeria as a strategic gateway for Canadianbusinesses seeking opportunities across the continent.The Canadian delegation comprised companies and institutions operating across financial services, security,mining andcritical minerals,legal andprofessional services, infrastructure, technology, healthcare, educationand clean energy. Among those present were GardaWorld, Dentons, Baywood Group, Element, Trilliant andother leading Canadian enterprises exploring commercial opportunities and strategic partnerships in Nigeria.The Executive Director of Zenith Bank Plc, Mr. Akin Ogunranti, who delivered the keynote address on behalfof the Group Managing Director/CEO, Dame Dr. Adaora Umeoji, OON, described the conference as a timelyplatform for deepening commercial partnerships between Canada and Africa amid shifting global economicrealities. He underscored Africa’s readiness to lead the next phase of global economic growth, stressing thatthecontinent now possessestheinstitutions,policy frameworks andpartnershipsrequiredtoturn its immensepotential into shared prosperity.“The question is not whether Africa is rich in potential. It is whether we can turn that potential into prosperityour people can feel. For the first time, the answer is yes, because of the machinery we are now building,” hesaid.RepresentingtheGovernorofLagosState,HisExcellencyMr.BabajideSanwo-Olu,thePermanentSecretary, Ministryof Commerce, Cooperatives, Trade andInvestment, Mr. Babatunde Onigbanjo,reaffirmedthe State Government’s commitment to fostering an enabling environment for investment and internationalpartnerships, and highlighted Lagos’ position as Nigeria’s commercial hub and gateway to African markets.“Canada bringstothe tableconsiderable expertise,capital, innovation,and astrong traditionof institutionbuilding.Africa,andindeedLagos,offerscale.Weoffertalent,creativity,marketopportunitiesandanincreasingly sophisticated business environment. Together, these strengths create a compelling foundationfor transformative partnership,” he said.Speaking at the event, the Deputy High Commissioner of Canada to Nigeria, Mr. Carlos Rojas-Arbulú, notedthattheconferencereflectsthegrowingmomentuminbilateralcommercialcollaborationbetweenbothcountries. He said: “The relationship between Canada and Nigeria is not new. It is rooted in diplomacy, trade,education,culture,migration,andshareddemocraticvalues.Buttoday,Ibelieveweareenteringanewchapter: one that is more ambitious, more practical, and more human.” -
TheChairoftheBoardoftheCanada-AfricaChamberofBusiness,PaulaCaldwellSt-Onge,highlightedNigeria’sgrowing economic significance,saying: “Nigeria’s growth isnot theoretical.It is alreadybeing built byNigerian entrepreneurs, investors, financial institutions, innovators and companies whose ambition reachesacross Africa and around the world.”She also acknowledged Zenith Bank’s role in advancing the conference’s objectives, stating: “Zenith Bank isnot only oneof Africa’s leadingfinancial institutions, it isthe capital behindwhat you seehere today, and itrepresents the skill, ambition, discipline, innovation and excellence that this conference seeks to showcase.”Theconferencefeaturedhigh-levelpaneldiscussionsonCanada-Africacommercialrelations,investmentopportunitiesacrossprioritysectors,andtheimplementationoftheAfricanContinentalFreeTrade Area(AfCFTA). The sessions brought together policymakers, business executives and industry experts to identifypracticalpathwaysforstrengtheningcommercialpartnershipsandacceleratingsustainableeconomicdevelopment.The conference is expected to strengthen Nigeria’s attractiveness as a destination for Canadian investment,while opening new opportunities for technology transfer, private sector collaboration, job creation and long-termeconomicgrowth.ItalsoreinforcesNigeria’spositionasastrategichubforbusinessesseekingtoaccess opportunities across Africa under the AfCFTA, supporting the country’s ambition to expand its role inregional and global trade.
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