Business

PBT grew Significantly by 85% Group Revenue grew by 18% Year on Year. Hotel Business witnesses’ tremendous growth with a 2451% growth in profit before tax and on Track to see record PBT in 2022. Transnational Corporation Plc (Transcorp Group), Nigeria’s leading conglomerates with investments in Hospitality, Power, and Oil …

Wema Bank records impressive financial performance in 2022 Half-Year Reports Wema Bank Plc, pioneer of Africa’s first fully digital bank and one of Nigeria’s most resilient banks, has posted a growth performance across all financial indices in the First-Half of its 2022 operations. This information is contained in the Financial …

The Lagos State Government through the Office of Public-Private Partnerships (PPP) has again warned residents of the state to refrain from clogging drains with silt and refuse to prevent avoidable flooding and the attendant threat to lives and property during the rainy season. Special Adviser to the Governor on Public-Private …

LCFE, Heritage Bank, others unlock N445trn commodities ecosystem for economic industrialization …as Exchange goes live Lagos Commodities and Future Exchange (LCFE), Heritage Bank Plc, Capital Market players and other stakeholders have unlocked the $1trillion (N445trn) commodities ecosystem as avenue to diversify the economy from a crude oil dependent economy to …

  Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings has reiterated its commitment to the well-being of its customers. Olumide Oyetan, Chief Executive, Stanbic IBTC Pension Managers stated this at the 2022 edition of the Stanbic IBTC Pension Managers Employers Forum. The virtual event which was themed ‘Pension …

LAGOS.29.07.22. Retail lender, Unity Bank Plc has posted gross earnings of N27.6 billion for its 2022 half-year results, representing a growth of 17% year-on-year. In its unaudited half-year financials submitted to the Nigeria Exchange Group Limited, the Bank also made significant improvements across key performance indicators. The Bank grew Profit Before …

   Economy Finance Just In Sport Access Bank, Visa To reward Customers With All-Expense Paid Trip To FIFA World Cup #Qatar2022  Omonaija  July 29, 2022 2 min read   Access Bank has partnered with Visa, the official payment services partner of FIFA World Cup Qatar 2022™, to reward its customers …

Nestlé Nigeria PLC has announced the second phase of her community scholarship scheme for youth of her host communities. The scholarship scheme is positioned to enable deserving students of her host communities attain theireducational and personal aspirations through financial sponsorship. The scheme which was launched in 2020 for the host …

Ecobank Nigeria has extended its innovative remittance services to its business account holders. This implies that Business Account holders can now receive funds sent through Ecobank Rapidtransfer or any of its Remittance franchise partners through the Business to Business (B2B), Business to Customer (B2C) and Customers to Business (C2B) transaction …

There is hardly a neighbourhood in the country where a retailer is not found and a vacuum automatically gets created in the absence of a formal retail store on any street. The retail business is growing with the redefinition of how supply meets demand. Most recently, retailers need not worry …