Yearly Archives: 2017

Disclaimer – Robert Mbonu / Heritage Bank

Our attention has been brought to reports published by some online news blogs in which mention was made of Mr Robert Mbonu – in connection with EFCC investigations into the alleged diversion of funds from the London and Paris Club refund – as being a former Managing Director of Heritage …

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Transcorp Committed to Significantly Increasing Power Generation in Nigeria.  ……Chairman Elumelu states “Transcorp will light up Nigeria”.

   Lagos, Nigeria, March 29th 2017; At the 11th Annual General Meeting of Transnational Corporation of Nigeria Plc(“Transcorp”), the Board ofDirectors confirmed their confidence in Transcorp’s growth trajectory and affirmed the Company’s commitment to increasing yield and returns to shareholders, while continuing its significant capital investment strategy. Despite the difficult economic climate, revenue grew by 46% in 2017(N59.42bn). Transcorp is Nigeria’s leading listed conglomerate, active in …

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UBA grows Profit Before Tax by 32%, declares 55kobo Per Share Dividend

United Bank for Africa (UBA) Plc, the pan-African financial services group, operating in 19 African countries, has released its audited 2016 full year results, showing significant growth in gross earnings and profits, an attestation to its resilience, enhanced productivity and geographic diversification, evident in the impressive contribution from its African …

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Five directors sack over illegal recruitment – by Buhari

Following reports of illegal recruitment exercise into the federal civil service, the federal government led by President Muhammadu Buhari has given the nod to the dismissal of five directors at the Pension Transitional Arrangement Directorate (PTAD). The five directors, whose identities were yet to be disclosed by the Head of …

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Global Money Week: FirstBank Promotes Financial Literacy

Nigeria’s Most Valuable Bank Brand, First Bank of Nigeria Limited, is joining the rest of the world in celebrating the 2017 Global Money Week to engage children and youths on the rudiments of financial literacy. The Bank has embedded in its Corporate Sustainability and Responsibility initiatives the FutureFirst programme to …

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Cossy Orjiakor’s Shocking Confession

Sexy star actress, Cossy Orjiakor has made a shocking confession through her Instagram page: “Once upon a time… In the year 2011… I met a nice businessman… He was so nice…I decided to keep him as a good friend. Because it pays more having good friends than bedmates. Anyway, we …

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