UBA Says Board Approves Financial Statements, Dividend Payment
BY NKECHI NAECHE—The Board of United Bank for Africa Plc at its meeting of Monday, January 29, 2018 approved its financial statements for the year ended December 31, 2017 and payment of dividend to...
View ArticleSkye Bank bags two prestigious Web Jurist Award
Tokunbo Abiru – Skye Bank GMD-CEO Skye Bank has shown strong leadership in online innovations in the Nigeria’s banking industry, as its website, www.skyebankng.com recently clinched the overall...
View ArticleEntrepreneurship: Dangote Donates N1.2 Billion Structure for Business School...
Aliko Dangote In his avowed commitment to encouraging entrepreneurship in the country as a way out of the economic doldrums, Nigeria’s business magnate, Aliko Dangote, is donating another N1.2...
View ArticleGhana: Fidelity bank appoints Julian Opuni as deputy Managing director
Julian Opuni Fidelity Bank has appointed Mr. Julian Kingsley Opuni as its Deputy Managing Director. Until his appointment, Mr. Julian Opuni was the Divisional Director for Retail Banking where he...
View ArticleAfrican Development Bank to reach 29.3 million Africans with electricity by 2020
…Plans for 10,000 MW of solar power systems across the Sahel IN line with its High 5 development priorities and, in particular, its agenda to Light up and power Africa, the African Development Bank...
View ArticleCBN injects Fresh $304.4m into Forex Market
The Central Bank of Nigeria (CBN) at the weekend intervened in the Retail Secondary Market Intervention Sales (SMIS) of the interbank foreign exchange market to the tune of $304.4 million. Figures...
View ArticleNigerias return to JP Morgan Index excites BDC
The Federal Government plan to open talks with JPMorgan Chase & Co. for their reinstatement in the local-currency emerging-market bond index has been lauded by Association of Bureaux De Change...
View ArticleAenergy Joins Afreximbank Shareholding
Continuing the broadening of its shareholder base targeting African investors, the African Export-Import Bank (Afreximbank) has announced the coming on board of Angola-based pan-African...
View ArticleAdministrative Panel recommends Gwarzo’s dismissal from Public Service
Mounir Gwarzo …Gwarzo regrets collection of credit card as director of Medusa Investments regrettable BY OUR REPORTERS: The Administrative Panel of Inquiry has recommended the dismissal of...
View ArticlePHOTO NEWS: FASHOLA,SHEHURI, RECEIVE REPORT OF 20 – YEAR TRANSMISSION...
Hon. Minister of Power, Works & Housing, Mr Babatunde Fashola,SAN(left) and Interim Managing Director/CEO, Transmission Company of Nigeria(TCN),Mr Usman Gur Mohammed(right) during the Submission of...
View ArticleGuinness Nigeria Reports N3.54 Billion Pretax Profit in Q2 2018
Guinness Nigeria Plc ( released its Q2 2018 results (Year end June) today. Please find key highlights of the Q2 2018 results below: · Revenue of N40.7bn, up +35.9% q/q; +11.5% y/y · Profit before tax...
View ArticleLASG pays N723m accrued pension rights to 149 retirees
Gov. Alinwunmi Ambode PRESS RELEASE—-The Lagos State Government at the 47th Retirement Benefit Bond Certificate (RBBC) presentation ceremony yesterday, Tuesday, in Ikeja, paid accrued pension...
View ArticleLagos trains workers on customer service
R-L: Director, Human Resources, Vitech Trainers Mrs. Tope Akomolafe; Director Training, Office of Establishment Training and Pension, Mr. Ayodeji Aruna; Permanent Secretary, Mrs. Clara Omotilewa...
View ArticleDiamond Bank to Give Out N433m in DiamondXtra Season 10
Exciting times are here for customers of Diamond Bank, as the retail banking giant has set aside a whopping N433 million as the total prize money to be won in its Diamondxtra Season 10 reward...
View ArticleFBN Holdings Names Folake Ani-Mumuney Chairperson FBN Insurance Brokers
This is to inform our stakeholders of the following appointments to the Board of FBN Insurance Brokers Limited; a subsidiary of FBN Holdings Plc: Mrs. Folake Ani-Mumuney has been appointed as...
View ArticleFlour Mills of Nigeria Q3 2018: FX market stability enhances performance...
Decline top line: down -13.65% q/q, -4. 14% y/y · Expansion in gross profit margin: up +367bps q/q; +322bps y/y · Slight uptick in opex to sales ratio: up +94bps q/q; +87bps y/y · Mixed PBT...
View ArticleNigeria Rank Lower than Benin Republic, Zimbabwe, 20 African Countires on...
BudgIT expresses dismay at Nigeria’s current position on fiscal transparency and public participation in the budget process as Africa’s largest economy has apparently taken steps backwards despite...
View ArticleN8b CBN currency scam case resumes as EFCC explains missing N900m
Mr Saliu Kadri, one of the EFCC investigators in the alleged N8 billon CBN currency scam case, on Tuesday said that the accused persons breached normal procedures at the Ibadan branch of the apex...
View ArticleAfrica Prudential Revamps Registrar Services
In line with its determination to dominate and redefine the landscape of registrar service delivery in the country, Africa Prudential Plc, has unveiled her new USSD code, *4018# tagged “Personal...
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