For the third quarter of 2022, the Management of Dangote Cement has recorded an increase in the overall volume of cement sales by 6.2 percent to 20.8metric tons. This was achieved despite the elevated inflation that is due to a very volatile global environment. To further increase the supply of …
Read More »Again Prophet Genesis Condemns Alcohol At Annual Celestial Harvest
…Says Celestials Are The Real Architect Of Their Problems + Organises Holy Ghost Encounter Service tagged ‘New Moon’ The profile of renowned Prophet Israel Oladele Ogundipe, the shepherd in charge of Celestial Church, Genesis Global has continued to rise despite backlashes from those who choose to hate him. While …
Read More »Unity Bank Declares N2.2 Billion Profit in Q3/2022, Grows Gross Earnings by 17%
LAGOS. 26.10.2022. Retail lender, Unity Bank Plc has declared a N2.2 billion profit for the nine-month period ended September 30, 2022, with 17% growth in gross earnings to N42.2 billion for the same period, as against N36.2 billion in the corresponding period of 2021. The increase can be attributed to …
Read More »Policies, regulations development: Vehicle for promoting commerce in Nigeria
At the Nigeria Digital Economy Summit (NDES) themed “Web 3.0, Blockchain & DeFi: Impact on Africa’s Digital Economy,” the Vice President of Nigeria, Prof. Osinbajo, affirmed that with the right approach and policy, as well as the country’s human capital and potential, Nigeria could actually become a world leader in …
Read More »FIRST BANK OF NIGERIA LIMITED PARTNERS CFA SOCIETY NIGERIA TO HOST ITS ANNUAL FLAGSHIP EVENT, THE UNIVERSITIES ETHICS CHALLENGE
Lagos, (Nigeria), 26 October 2022. First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its partnership with CFA Society Nigeria to host its annual flagship event, the Universities Ethics Challenge final, scheduled to hold at Radisson Blu Hotel, Victoria Island Lagos on Saturday, 29 …
Read More »Massive opportunities remain in agric – Sterling Bank
Sterling Bank Plc, Nigeria’s leading commercial bank, has said there are massive opportunities in the agricultural sector of the Nigerian economy for those who are prepared to work hard, with a clear vision and commitment. Chairman of board of directors of the bank, Mr. Asue Ighodalo disclosed this in his …
Read More »ZENITH BANK SURMOUNTS HEADWINDS WITH STRONG Q3 2022 TOPLINE AND BOTTOM LINE PERFORMANCE
Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2022, recording a remarkable double-digit growth of 20% in gross earnings from NGN518.7 billion reported in Q3 2021 to NGN620.6 billion in Q3 2022. This performance demonstrates the Group’s resilience against a challenging macroeconomic environment. …
Read More »Agusto Upgrades Wema Bank Funding SPV Series II Bond to ‘Bbb+’, with a Stable Outlook
Ratings agency Agusto & Co. has upgraded Wema Bank Funding SPV Plc’s (‘’the Issuer’’ or ‘’the SVP’’) Series II Bond (‘‘the Issue’’ or ‘’the Bond’’) to ‘Bbb+’, with a stable outlook, from the previous ‘Bbb’ score. The Issuer is a Special Purpose Vehicle (SPV) set up by Wema Bank Plc …
Read More »N1bn Dangote Promo: Over 100 customers become Instant millionaires on Wednesday
More customers are reaping the reward of their loyalty and patronage of Dangote Cement in Nigeria as the company made over 100 of them instant millionaires across the country in a single day in the ongoing Dangote Cement Plc Bag of Goodies Consumer Promo Season 3. The presentation of cheques …
Read More »Union Bank shares: Titan Trust N7 per share MTO excites minority shareholders
Union Bank shares: Titan Trust N7 per share MTO excites minority shareholders Minority shareholders of Union Bank of Nigeria (UBN) have expressed satisfaction with the announcement of a N7 per share premium Mandatory Takeover Offer (MTO) by Titan Trust Bank Limited (TTB), the new owners of UBN. The shareholders also …
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