Business
HOPe Africa International, TB Joshua Is Emerging The 1st African Prophetic Pastoral Award Winner
Over the years HOPe Africa is concerned with organizational awards in United States, the last awards were conducted in 2011.
This is the first of its kind, being conducted outside the shores of United States, based on popular demand, it was measured and considered to extend to Africa as the name clearly stated; offering healthy choices and services within the continent.
HOPe AfricA is a nonprofit, public charity organization, formed to provide care for the poor, elderly, veterans and people with disabilities in AmericA & AfricA, needing health care services, medical equipment, medications, supplies and nutrition; including but not limited to: moral, psychological, emotional, and social well-being, nurturing them to have human dignity and decency the remainder of their lives on earth since 2000. Amongst its objectives, HOPe AfricA Recognizes, Rewards and Awards; Partners, Donors, Philanthropist with exceptional proven accomplishments.
Apart from United Nations (UN), our partners are: Salvation Army, American Red Cross, Burlington Community Foundation, Heart to Heart International, etc. Together with our network of partners, made tremendous donations to Africa and America. Currently, writing a book on “The Best Aging Practice in Africa”, shipping donations to Individually Displayed Persons (IDPs) in Nigeria and planning to set up simple-sustainable structures offering identified services.
How African Prophetic Pastoral Award came about; two years ago, a volunteer board member proposed the inclusion of “Pastoral Award”, the proposal received overwhelming endorsements. The proposer Jemmar Fleming, American-Anguilla Citizen was asked to develop the criteria and champion the search for the best Pastor in consultation with board members.
Board reminded Pastor Fleming rules must be followed to the latter, 18 months’ timeframe, internet evaluations, including at least one travel to each region is necessary or work with trusted proxy. May also undertakes a couple of secret praises, worship, fellowship with parishioners.
More strictures used for award are: Evangelism, Mission, Charities, Community Services, Spiritual Gifts- Prophetic, Healing, Word, Miracles, Humanitarian work, Governmental influence, International Acceptance, Number of years in ministry, Number of ministers and Ministries under leadership. A total score of 89% – 100% determines overall winner!
Over 30 African Pastors was carefully selected for this exercise, 4 pastors made the final list. Below are the pastors with their scores of each region:
· Pastor Paseka Mboro Motsoeneng 87.5 % (South Africa);
· Pastor Gary Skinner 88% (East Africa);
· Pastor Jerry Antonie 85.5% (Central Africa) and
· Prophet TB Joshua 90.5% (West Africa)
Reading the above, Prophet TB Joshua from West Africa – Nigeria is currently leading the selection process, with the highest scores. Meanwhile, recommendations and appeals to pastor’s respective countries/regions are expected to conclude exercise (5% is allotted), must be turned in not later than February 15th. 2016.
The 1st. African Prophetic Pastoral Award Winner will be determined in a couple weeks, when all compilations are finally compared, reviewed and approved. Pastor with the highest score will be contacted by courier immediately.
Part of the criteria is, a couple of humanely beneficial projects will be undertaken at the country of the overall winner of the “African Prophetic Pastoral Award Winner”. Among the projects are:
· Training, development and certification of nurse assistants (auxiliary nurses);
· Setting up International standard children and adult daycares;
· Providing teaching aids, basic needs, food, clothes, etc.;
· Free annual medical checkups and monthly physical checkups;
· Elderly supported housing, schools/care for people with disabilities;
· Veterans Exchange Program;
· First Aid and CPR trainings;
· Subsidized medicine and medical deliveries;
· Free annual international physicians’/nurse visits;
· Tracing and uniting separated families at disasters, etc.
In considering any of the above, partnership is soughted with interested; government, organizations or individuals, specifically to provide secured buildings to commence any of the aforementioned. Pending movement towards permanent locations. Whatever way either this is perceived, the outcomes are far reaching the needy, providing free-affordable healthcare, healthy living and job creation.
For award presentation ceremony, five members have been approved to determine where and when award will take place. Among the team are: Pastor Jemmar Fleming, London Haringey Housing Manager Mr. William John. Possibly the founder and chief executive officer of HOPe Africa will be in attendance.
When contacted Mr. Francis John the founder of HOPe Africa and Chief Executive seem to appreciate the new award category, promised to expand award to other areas of paramount needs, while addressing supplies of basic needs in a timely manner, without discrimination. He also thanked volunteers and participants in the exercise, and wish to congratulate whosoever emerged winner of 1st. African Prophetic Pastoral Award.
Business
ASR AFRICA COMMENCES THE CONSTRUCTION OF A 500-CAPACITY LECTURE THEATRE AND FACILITIES WORTH 250 MILLION NAIRA FOR THE ADAMAWA STATE UNIVERSITY, MUBI, NIGERIA
ASR AFRICA COMMENCES THE CONSTRUCTION OF A 500-CAPACITY LECTURE THEATRE AND FACILITIES WORTH 250 MILLION NAIRA FOR THE ADAMAWA STATE UNIVERSITY, MUBI, NIGERIA
Mubi, May 3rd, 2024
Sahara Weekly Reports That The Abdul Samad Rabiu Africa Initiative (ASR Africa) commences the construction of a 500-capacity lecture theatre and wash facilities for the Adamawa State University, Mubi. This project is coming after the nomination of the institution as a recipient of the ASR Africa Tertiary Education Grant Scheme (TEGS), by the Board of Directors of the Abdul Samad Rabiu Africa Initiative.
Speaking at the event, the Acting Vice Chancellor of the University, Dr. Stephen A. Lagu, expressed his appreciation to the Chairman of BUA group and ASR Africa, Abdul Samad Rabiu, for the rare philanthropy gesture towards the university. He stated that the intervention of the Chairman would reduce the physical infrastructure deficit at their new campus and promote sanitation and hygiene in the university. He added that the choice of the 500-seat lecture theatre with the four boreholes at different locations within the campus was identified and agreed to by the relevant organs of the institution with the ASR Africa team.
Dr Ubon Udoh (MD / CEO, ASR Africa), in his remarks, congratulated the institution for qualifying for the nomination by the Board of Directors of ASR Africa. He stated that the rigorous selection process which includes stringent criteria such as the quality of service delivered by the university and the pedigree of graduands from the institution at the national and international levels, proves that the university is keeping up with its vision as a leading institution of learning in the region. He encouraged the management and students to ensure proper use and maintenance of the facilities as a show of appreciation for the grant given to them.
The Tertiary Education Grant Scheme of the Abdul Samad Rabiu Africa Initiative is part of the efforts of the Chairman of BUA Group and ASR Africa, Abdul Samad Rabiu to give back to the African continent and make a lasting impact in education as a means of uplifting and restoring the dignity and lives of Africans.
About ASR Africa
ASR Africa is the brainchild of African Industrialist, Philanthropist and Chairman of BUA Group, Abdul Samad Rabiu, the Abdul Samad Rabiu Africa Initiative (ASR Africa) was established in 2021 to provide sustainable, impact-based, homegrown solutions to developmental issues affecting Health, Education and Social Development within Africa.
Rano: Inspiring Story Of An Ice block seller who became billionaire
Alhaji Auwalu Abdullahi Rano, popularly known as A.A Rano transformed from a humble boy from Kano Village into a billionaire magnate, overseeing a conglomerate that includes 120 filling stations across Nigeria.
Born into an average family in Lausu, Kano State, Rano started small, with an ice block and groundnut oil business, including other local items.
Rano has gone into building a multi-billion naira enterprise spanning various sectors of Nigeria’s economy.
Today, Rano owns AA Rano oil & Gas industry in Nigeria with 56 ML Tank farm in Lagos, with 120 retail outlet/ fillng stations across Nigeria and over 600 trucks & LPG terminals as well as acquired vessel (M.T LAUSAU).
His ventures include RanoGaz, a state-of-the-art Liquified Petroleum Gas (LPG) terminal, a rice milling company, Rano Lubricant, Rano Air, Lausu Marine and Logistics, AA Rano Terminal, and AA Rano Road Haulage.
@PUNCHNG
Fidelity Bank records a 120.1% growth in PBT to N39.5bn in Q1 2024
In line with its upward growth trajectory, leading financial institution, Fidelity Bank Plc, has posted an impressive 120.1% growth in Profit Before Tax from N17.9bn at the end of Q1 2023 to N39.5bn for Q1 2024. This was made known in the Bank’s unaudited financial statements released on the issuer portal of the Nigerian Exchange (NGX) on Tuesday, 30 April 2024.
According to the statement, Gross Earnings increased by 89.9% yoy to N192.1bn from N101.1bn in Q1 2023. The increase was led by a combination of interest income (90.7% yoy) and non-interest income (84.0% yoy). Growth in interest income was primarily spurred by a higher yield environment and strong earning assets base, while the increase in non-interest income was led by double-digit growth in account maintenance charges, FX-related income, trade, banking services, and remittances, supported by increased customer transactions.
Commenting on the results, Nneka Onyeali-Ikpe, MD/CEO, Fidelity Bank Plc stated, “We are pleased to report another quarter of strong financial performance driven by our strategic focus on customer-centricity, digital innovation and operational excellence. Despite the challenging macroeconomic environment, we remained resilient and agile, delivering double-digit growth on key income lines while advancing our business sustainability agenda.”
In the period under review, the bank grew Net interest income grew by 89.5% yoy to N99.6bn from N52.6bn in Q1 2023, driven by interest and similar income as the yield on financial instruments improved to 14.7% from 10.1% in Q1 2023 (2023FY: 11.6%). In line with the steady rise in interest rates through the year, average funding cost increased by 80bps ytd to 5.2%. However, NIM came in at 8.8%
compared to 8.1% in 2023FY, as increafeatsed yield on earning assets surpassed funding cost to 15.1% from 13.3% in Q1 2023 (2023FY: 13.5%).
Similarly, Total Deposits increased by 17.2% ytd to N4.7tn from N4.0tn in 2023FY, driven by double-digit growth across all deposit types (demand, savings and term). Net Loans and Advances increased by 21.2% to N3.7tn from N3.1tn in 2023FY.
“Beginning the year on this inspiring note reaffirms our strategy of helping individuals to grow, inspiring businesses to thrive and empowering economies to prosper. We are committed to our guidance as we build a more resilient business franchise with a well-diversified earnings base in 2024,” explained Onyeali-Ikpe.
Ranked as one of the best banks in Nigeria, Fidelity Bank is a full-fledged customer commercial bank with over 8.5 million customers serviced across its 251 business offices in Nigeria and the United Kingdom as well as on digital banking channels.
The bank has won multiple local and international awards including the Export Finance Bank of the Year at the 2023 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, the Best Payment Solution Provider Nigeria 2023 and Best SME Bank Nigeria 2022 by the Global Banking and Finance Awards; Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence 2023; and Best Domestic Private Bank in Nigeria by the Euromoney Global Private Banking Awards 2023.
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