Yearly Archives: 2017

NASCON new products to boost revenue, profitability

  Executive Director Commercial of NASCON Allied Industries Plc, Fatima Aliko Dangote has expressed delight at the expected significant increase in both turnover and profitability of the company, as a result of the proposed new products, to be released to the market before the end of this year. In a chat …

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Keystone Bank Revamps Branches

On the heels of the announcement of the successful sale of Keystone Bank Limited and the promise of the new investors to take active steps towards turning around its operations in order to become more competitive in the sector, it appears the management of the Bank has proceeded on a …

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Dangote raises fraud alert on “Happy World Meal Gate”

The Dangote Group has raised alarm over a Ponzi scheme in circulation alleging partnership between the “Dangote brand, Nestle, Cussons and other reputable food processing companies” in launching a multi-level marketing initiative that intends to “fight hunger, poverty and stop recession” by paying participants in food. Contrary to the publication …

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Diamond Bank Strengthens Growth in Q1 2017

·        Asset base jumps to N2.07trn Diamond Bank, yesterday, transmitted its Q1 2017 financial accounts to the Nigerian Stock Exchange, NSE, showcasing focused and strong determination to continue to strengthen growth in key financial parameters. The Bank’s performance scorecard for the first three months of the business year as made …

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UBA Revolutionises Mobile Payments with *919# Magic Banking

Lagos, Nigeria, May 05, 2017 – In line with its determination to dominate Africa’s mobile banking space with the introduction of cutting edge technology-driven products and services, United Bank for Africa (UBA) Group, leading African financial institution, has introduced a full-fledged banking platform, tagged UBA Magic Banking and enabled by dialling *919# …

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