In line with its commitment to ensure swift expansion of the micro small medium enterprises (MSME) market segment, Heritage Bank has introduced MyStocKIT, an android hand-held solution that enables clients to track stock movements, maintain dynamic stock levels and address fundamental accounting/book keeping management requirements of the business.Heritage Bank becomes …
Read More »NASCON plans new products as shareholders laud coy on dividend payout
The Management of NASCON on Thursday assured shareholders of bumper returns on their investment in the company as it has concluded arrangements to roll out more products before the end of this year. When introduced, the new products will enhance the company’s turnover, profitability and ultimately rub-off positively on the …
Read More »Diamond Bank Strengthens Growth in Q1 2017
· Asset base jumps to N2.07trn Diamond Bank, yesterday, transmitted its Q1 2017 financial accounts to the Nigerian Stock Exchange, NSE, showcasing focused and strong determination to continue to strengthen growth in key financial parameters. The Bank’s performance scorecard for the first three months of the business year as made …
Read More »UBA Revolutionises Mobile Payments with *919# Magic Banking
Lagos, Nigeria, May 05, 2017 – In line with its determination to dominate Africa’s mobile banking space with the introduction of cutting edge technology-driven products and services, United Bank for Africa (UBA) Group, leading African financial institution, has introduced a full-fledged banking platform, tagged UBA Magic Banking and enabled by dialling *919# …
Read More »UBA GROUP STARTS STRONG IN 2017, GROWS PROFITS BY 41% IN FIRST QUARTER
Its African subsidiaries wax stronger, contributing 35% of earnings Lagos, Nigeria – April 28 , 2017: The Pan African financial institution, United Bank for Africa (UBA) has released its unaudited first quarter results, showing significant growth across major income lines. Following a sterling performance in 2016 financial year, UBA Group …
Read More »FBN HOLDINGS PLC. REPORTS GROSS EARNINGS OF N581.8 BILLION, UP 15.7% Year on Year Dec. 2015 …FOR THE FULL YEAR ENDED 31 DECEMBER 2016
FBN Holdings Plc. (“FBNH” or “FBNHoldings” or the “Group”) today announces its audited results for the full year ended 31 December 2016. Income Statement[1] Gross earnings of N8billion, up 15.7% year-on-year (y-o-y) (Dec 2015: N502.7 billion) Net-interest income of N4 billion, up 14.8% y-o-y (Dec 2015: N265.2 billion) …
Read More »FirstBank Sustainability Centre Hosts SME Conference to Drive Made in Nigeria Goods
First Bank of Nigeria Limited, through one of its Sustainability initiatives, the FirstBank Sustainability Centre in partnership with the Lagos Business School is hosting the 2017 SME Conference to drive creativity, innovation and productivity among local manufacturers in Nigeria. Small and Medium Scale Enterprises are pivotal to the development of …
Read More »Dangote’s new Pasta products to compete with rice
In a major strategic move to grow its market equity in Africa, Dangote Flour has unveiled new improved pasta products called ‘Ecccellente’. The re-vamped Pasta, is expected to reduce the dependency on rice consumption by Nigerians. Speaking at the Grand Customer Launch Event in Kano on Tuesday, Executive Director, …
Read More »Stanbic IBTC pledges to change perception of insurance industry
Stanbic IBTC Insurance Brokers Limited, member of Stanbic IBTC Holdings PLC, has announced its plans to deploy trust-building measures that would plug major gaps in the insurance value chain in Nigeria. With the ultimate aim of enhancing insurance penetration in the country, the company said given the low level …
Read More »RUNWAY JAZZ 2017: UBA POWERS MUSIC AND BUSINESS MASTERCLASS FACILITATED BY THE BERKLEE COLLEGE OF MUSIC
Nagee and Josh stone to headline the Jazz runway show … as Donald Duke introduces daughter Xerona unto the scene The countdown has begun to the most anticipated and insightful learning experience at the Runway Jazz 2017 Music and Business Masterclass, taking place on April 29, 2017 in the Grand Ballroom …
Read More »