Zenith Bank Nine Months Profits Rise By 5% To N150.7Bn

Nigeria’s major financial institution, Zenith Bank plc has reported a five per cent increase in profit after tax to N150.7billion in third quarter (Q3) unaudited results for the period ended September 30, 2019. The lender on the Nigerian Stock Exchange (NSE) on Wednesday said its profit after tax was N144.2billion in Q3 2019. According to […]

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Nine Months: UBA Grows Net Profit by 32.3% As Earnings Rise to N428Bn

Major bank, United Bank for Africa (UBA) Plc has recorded an increase of 32.3 per cent in profit after tax (PAT) for the nine months ended September 30, 2019. Also, gross earnings in the period rose 14.2 per cent to N428.22 billion, from N374.8 billion in 2018. Profit before tax (PBT) grew by 24.2 per […]

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Heritage Bank

Economic Growth: Heritage Bank Empowers Young Entrepreneurs

As part of its drive to contribute to the growth of economic drive, Heritage Bank Plc has continued to support The Next Titan Season-six; in ensuring that the entrepreneurial targets of the Nigerian youths are attained. The Next Titan entrepreneurial reality TV show sponsored annually by the Heritage Bank Plc has unveiled the top 16 […]

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Punch Editorial Takes A Swipe At Buhari’s Penchants For Foreign Trips

Nigeria’s major newspaper has taken a swipe at President Muhammadu Buhari’s penchants for foreign trips at the expense of the peoples’ interest back home. The newspaper specifically admonished the president to cultivate the habit of staying in the country, to build a strong and virile country, like other global leaders do in their various countries. […]

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Two Doctors Arraigned By Lagos Govt For Attempted Murder

Two medical doctors, a husband and wife, were on Monday October 21st, 2019, re-arraigned by the Lagos State government before a Lagos High Court, sitting in Igbosere over the alleged attempted murder of a 17-year-old patient. The defendants, Ejike and Grace Orji, are facing a four-count charge of attempted murder, causing of grievous harm and […]

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12 Years of Service: UBA Honours Kola Jamodu, Restates Commitment To Governance Processes

Pan African financial institution, United Bank for Africa (UBA) Plc has assured investors and shareholders of her continuous adherence to solid corporate governance processes as the bank honoured its ex-director, Chief Kola Jamodu. In a glitzy cocktail event and dinner in his honour at the Transcorp Hilton Hotel, Abuja, recently, Jamodu was celebrated for his […]

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“Entrepreneurship Journey Entails Hard work, Discipline and Sacrifice”, Elumelu Tells Cape Verdean Entrepreneurs

The founder of the Tony Elumelu Foundation (TEF) and Chairman, United Bank for Africa (UBA),Tony Elumelu, has urged the Cape Verdean private sector consisting of entrepreneurs and investors to embrace hard work, discipline and sacrifice on their journey to success. Speaking at the Youth Konnekt Forum in Cape Verde, where he addressed young Cape Verdean […]

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Sanwo Olu

Vehicle Registration Official In Lagos Frustrate , Extort Applicants

Some Lagos residents, who want to re-register their vehicles, have lamented how officials of the Motor Vehicle Administration Agency under the state Ministry of Transportation frustrate and extort them. According to The Punch, the applicants said aside from paying N46,000 for change of ownership documents and number plates, they were being made to part with […]

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Uba Promo

UBA Rewards 20 More Customers In Final Draw of Wise Savers Promo as 80 Customers win N120million

Major financial institution, United Bank for Africa (UBA) Plc, has again rewarded another 20 customers who have emerged winners in the final draw of the UBA Wise Savers Promo, winning N1.5 million each, bringing the total amount won by 80 customers for the duration of the draw to N120 million. The electronic raffle draw, which […]

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Zuma, Ex- South Africa’s Leader To Face Corruption Charges

Embattled former South Africa’s  President Jacob Zuma being presently faced with corruption scandal is to be formerly charged before, as a court ruled on Friday, dismissed his application for a permanent stay of prosecution. Zuma, who is accused of taking bribes from French defence company Thales in the 1990s, sought to have the case permanently […]

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Transcorp Hotels Retains Positive A- Rating

Hospitality giant, Transcorp Hotels Plc, a subsidiary of Transnational Corporation of Nigeria Plc (Transcorp) and owner of the iconic Transcorp Hilton Abuja and Transcorp Hotels Calabar, has retained its national scale ratings at A-(NG) and A2(NG) in the long term and short term respectively, with the outlook accorded as Stable. Concurrently, the national scale ratings […]

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Nigeria Eyes Increased Forex Earnings Through Commodities Exchange

A vibrant commodities exchange trading ecosystem, has been identified by the Federal Government to increase foreign exchange earnings and government revenue for the country. Vice President, Prof. Yemi Osinbajo, stated this while speaking at a roundtable conference on Nigerian Commodities Trading Ecosystem in Lagos on Thursday, stating that the development of a vibrant commodities trading […]

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