Business

Transnational Corporation Plc (Transcorp) has released its financial results for the full year ended December 31, 2022, demonstrating significant improvements in its major income lines. The conglomerate with investments in the Hospitality, Power, and Oil & Gas sectors, recorded growth in its profit before tax, which rose by 8% to …

  Emirates Flight Training Academy (EFTA) continues to live up to its promise of offering cutting-edge tech and state-of-the-art aircraft to train pilots of the future and help close the industry’s skills gap. The Academy is now bolstering its current fleet with an order for three twin-engine DA42-VI and its corresponding flight …

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has completed the first inbound commercial transaction on the Pan African Payment and Settlement System (PAPSS) in Nigeria, making history. PAPSS is an initiative of the African Union and the AfCFTA Secretariat, designed to provide a secure and efficient …

Zenith Bank Plc has announced its audited results for the year ending December 31, 2022, achieving an impressive double-digit growth of 24% in gross earnings from NGN765.6 billion reported in the previous year to NGN945.5 billion in 2022. This is despite the persistent challenging macroeconomic environment and headwinds.   According …

Over five hundred employees of the Federal Inland Revenue Service (FIRS) have rebelled against the management and are refusing to write promotional examinations after the tests got delayed for over four hours. Truetells Nigeria reports that the promotional exam has been a subject of controversy prior to today due to …

    The Group Managing Director/Chief Executive Officer of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, was on Saturday, March 25, 2023, conferred with a Doctorate Degree in Business Administration by the University of Nigeria, Nsukka. The award, which is in recognition of his immense achievements as Group Managing Director/CEO of …

To promote equity and raise advocacy for women’s inclusion and visibility, Kuda, the money app for Africans, has announced a month-long series of activities to commemorate this year’s International Women’s Day. International Women’s Day is a global event celebrated annually on March 8 as a focal point for giving proper …

Access Bank gets approval to acquire Zambia’s African Banking Corporation Access Bank Access Holdings, the parent company of Access Bank Plc, says its Zambian subsidiary, Access Bank Zambia Limited, has secured approval of the country’s central bank for the acquisition of African Banking Corporation Zambia Limited. Sunday Ekwochi, the company …

By James Olatunji Samuel Of recent, the Nigerian National Petroleum Company (NNPC) Ltd hired some foreign expatriates into its employ. In one of its communications on the issue, the NNPC said the decision was in furtherance of its ongoing repositioning drive towards enhanced growth, better performance and improved service delivery. …

  Wema Bank Plc, Nigeria’s leading Innovative Financial Institution is championing financial literacy for the next generation by participating in the Global Money Week to commemorate the Financial Literacy Day on March 23, 2023. In alignment with the theme “Plan your Money, plant your Future”, Wema Bank organized financial literacy …