Chief Executive Officer (CEO) of Sterling Bank Plc, Mr. Abubakar Suleiman has said the bank is ready and willing to invest more in Nigeria’s agricultural sector, having invested more than N100 billion; a figure that represents about 15 percent of the bank’s total loans portfolio. The CEO stated this in …
Read More »Sanlam Nigeria hosts stakeholders’ fora, assures customers of excellent service
Tunde Mimiko, CEO, Sanlam Life Insurance Nigeria Ltd Sanlam Life Insurance Limited, Nigeria’s leading life insurer formerly known as FBN Insurance, recently held a series of customer stakeholder forums in Abuja, Port Harcourt, Uyo, and Kano. The purpose of the event was to express gratitude to her clients, stakeholders and …
Read More »Transcorp Hotels Plc Continues To Win Delivering Impressive Q3 Performance, Grows Revenue By 55% Y-O-Y To 22.7bn
Profit before tax expands to N3.3bn as the leading hospitality brand continues to redefine standards Abuja, Nigeria – October 28, 2022 – Transcorp Hotels Plc (“Transcorp Hotels” or the “Company”) (NGX: TRANSCOHOT) has announced results for the nine months ended September 30, 2022, as it continues its impressive performance, maintain its …
Read More »Wema Bank grows earnings by 51% to N95.354 billion on loan growth
Nigeria’s most innovative bank and digital banking pioneer, Wema Bank Plc, has recorded gross earnings of N95.345 billion in the third quarter ended September 30, 2022, representing a growth of 51.17% year-on-year, from N63.077 billion posted during the same time in 2021. According to the bank’s unaudited financial results for …
Read More »Q3: Dangote increases cement sales by 6.2% to 20.8mt as it embraces alternative fuel to cut cost
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 …
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