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NewsNGX All-Share Index hits new 2024 high as banking stocks surge
UPDATENDDC launches ₦2.5bn infrastructure bond
NewsBitcoin surges past $87,000 on ETF inflows
NewsNigeria exits technical recession with 3.46% GDP growth
NewsNigerian banking sector assets grow by 45% year-on-year
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsEuro depreciates against dollar ahead of ECB meeting
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsGold hits record high as investors seek safe haven
NAS18,290.25 1.05%
ALERTAviation fuel prices drop by 8%
NewsBrent crude approaches $75 amid Middle East tensions
NewsNaira stabilizes at N1,550/$1 in official market
BRENT$72.45 2.10%
BTC$87,250 3.20%
NewsDangote Refinery begins petrol production
BREAKINGSEC announces new rules for digital assets
NewsStock market capitalization crosses N55 trillion mark
NewsOil prices rally on OPEC+ production cuts extension
USD/NGN₦1,550 0.45%
NEWSNNPC reports 47% profit increase
NewsNigeria's inflation rate drops to 24.48% in January
NGXASI98,575.68 1.25%
EUR/USD1.0845 0.12%
NewsCBN raises interest rate by 400 basis points to 22.75%
WTI$68.92 1.80%
DOW42,850.22 0.32%
UPDATETinubu approves ₦3 trillion for power sector
S&P5,776.65 0.15%
BREAKINGNigeria secures $2.25 billion World Bank loan
GOLD$2,890.5 0.85%
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
UPDATENDDC launches ₦2.5bn infrastructure bond
NewsBitcoin surges past $87,000 on ETF inflows
NewsNigeria exits technical recession with 3.46% GDP growth
NewsNigerian banking sector assets grow by 45% year-on-year
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsEuro depreciates against dollar ahead of ECB meeting
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsGold hits record high as investors seek safe haven
NAS18,290.25 1.05%
ALERTAviation fuel prices drop by 8%
NewsBrent crude approaches $75 amid Middle East tensions
NewsNaira stabilizes at N1,550/$1 in official market
BRENT$72.45 2.10%
BTC$87,250 3.20%
NewsDangote Refinery begins petrol production
BREAKINGSEC announces new rules for digital assets
NewsStock market capitalization crosses N55 trillion mark
NewsOil prices rally on OPEC+ production cuts extension
USD/NGN₦1,550 0.45%
NEWSNNPC reports 47% profit increase
NewsNigeria's inflation rate drops to 24.48% in January
NGXASI98,575.68 1.25%
EUR/USD1.0845 0.12%
NewsCBN raises interest rate by 400 basis points to 22.75%
WTI$68.92 1.80%
DOW42,850.22 0.32%
UPDATETinubu approves ₦3 trillion for power sector
S&P5,776.65 0.15%
BREAKINGNigeria secures $2.25 billion World Bank loan
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NGXBANK678.42 0.32%
NGXINS245.18 0.45%
NGXCG892.34 0.18%
NGXOIL567.89 1.12%
NGXIND345.67 0.23%
PREMIUM7,891.23 0.67%
NGXASI98,575.68 1.25%
NGX304,523.15 0.85%
NGXBANK678.42 0.32%
NGXINS245.18 0.45%
NGXCG892.34 0.18%
NGXOIL567.89 1.12%
NGXIND345.67 0.23%
PREMIUM7,891.23 0.67%
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NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsNaira stabilizes at N1,550/$1 in official market
NewsOil prices rally on OPEC+ production cuts extension
NewsNigeria's inflation rate drops to 24.48% in January
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigerian banking sector assets grow by 45% year-on-year
NewsStock market capitalization crosses N55 trillion mark
NewsGold hits record high as investors seek safe haven
NewsBitcoin surges past $87,000 on ETF inflows
NewsNigeria exits technical recession with 3.46% GDP growth
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsNaira stabilizes at N1,550/$1 in official market
NewsOil prices rally on OPEC+ production cuts extension
NewsNigeria's inflation rate drops to 24.48% in January
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigerian banking sector assets grow by 45% year-on-year
NewsStock market capitalization crosses N55 trillion mark
NewsGold hits record high as investors seek safe haven
NewsBitcoin surges past $87,000 on ETF inflows
NewsNigeria exits technical recession with 3.46% GDP growth
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsNaira stabilizes at N1,550/$1 in official market
NewsOil prices rally on OPEC+ production cuts extension
NewsNigeria's inflation rate drops to 24.48% in January
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigerian banking sector assets grow by 45% year-on-year
NewsStock market capitalization crosses N55 trillion mark
NewsGold hits record high as investors seek safe haven
NewsBitcoin surges past $87,000 on ETF inflows
NewsNigeria exits technical recession with 3.46% GDP growth
NewsFAAC disburses N1.1 trillion to federal, states, LGs
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Financial EDGE

Lekoil Donates N10.5 million to Gamesville Foundation, Reiterates to Social Impact - FinancialEDGE

By adminResearch Signal
Lekoil Donates N10.5 million to Gamesville Foundation, Reiterates to Social Impact - FinancialEDGE
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Lekoil, a leading Nigerian oil and gas exploration company, has reiterated its commitment to social responsibility by donating N10.5 million to The Gamesville Foundation, a non-profit organisation dedicated to supporting the less privileged in society.

Chief Executive Officer of Lekoil, Lekan Akinyanmi, said the move underscores the company’s ethos of consistent giving and community support. “At Lekoil, we believe that giving should be a habit. There’s never a perfect time to give. There will always be competing responsibilities, but choosing to help others consistently is how we build stronger communities,” he stated.

Speaking further, Akinyanmi commended Chidinma Obi Sedenu, founder of The Gamesville Foundation, for her dedication and vision. “She has been doing this incredible work, often independently. When we saw the value of what she was building, we knew we had to support it. We also encourage our colleagues to come up with ideas like these that uplift and unite communities,” he added.

According to him, Lekoil does not give conditions and expectations, rather, the company does what it is capable of, knowing the foundation will make the best use of the support.

The Gamesville Foundation is renowned for merging recreational activities with material aid to uplift individuals affected by hardship, disability or isolation. Its initiatives include offering scholarships, hosting game tournaments for underprivileged children, and nurturing skills such as strategy, teamwork and self-confidence.

Speaking on the initiative, the founder stated the foundation was bore out of passion to support those who needed to survive. “We currently support five grassroots charities who work directly with and impact thousands of indigents, disadvantaged and disabled youth: Street Child Care and Welfare Initiative, Echoes of Mercy and Hope Foundation, JAKIN NGO, Diocesan Special Education Center, and Society for the Empowerment of Young Persons.”

The total amount of N15 million raised at the fundraising gala was equally distributed among the five charity organisations, with each receiving N3 million to expand their reach and improve their operations.