Business

  AFRICA’S foremost businessman and Aliko Dangote Foundation Chairman Alhaji Aliko Dangote donated at the weekend a 2,160-bed space hostel complex to the Ahmadu Bello University (ABU), Zaria, Kaduna State. The hostel, comprising 10 blocks of 360 rooms, built at N1.2 billion, is coming after similar gestures to Bayero University, …

L-R: Non – Executive Director, Fidelity Bank Plc., Charles Umolu; Chairman, Fidelity Bank Plc., Ernest Ebi; Executive Director, South, Fidelity Bank Plc., Aku Odinkemelu; Managing Director/ Chief Executive Officer, Fidelity Bank Plc., Nnamdi Okonkwo at the 31St Annual General Meeting of Fidelity Bank which was held at Civic Center in …

Heritage Bank PLC, Nigeria’s most innovative banking service provider, has aligned forces with Magodo Residents Association (MRA) to promote cultural diversity and ensure the success of the maiden edition of Magodo Cultural Day 2019. The two-day event held between Friday and Saturday with a Business Dinner held at Radisson Blu …

Following its impressive full year results for 2018 released recently, Fidelity Bank Plc has started the new financial year strongly, posting a very impressive first quarter result. Details of the top lender’s first quarter results released at the NSE yesterday show appreciable growth in earnings, profits for the period ended …

In continuation of its mediation in the inter-bank foreign exchange market, the Central Bank of Nigeria (CBN) on Wednesday, April 24, 2019, intervened with the sum of $210 million to sustain liquidity in that segment of the market. According to the figures released by the CBN on Wednesday, authorized dealers …

United Bank for Africa (UBA) Plc shareholders on Tuesday approved payment of N29.1 billion dividend for the financial year ended December 31, 2018, during its annual general meeting held in Lagos. The dividend translated to 20k interim dividend paid in September and final dividend of 65k per share, bringing the …

l-r: Head, Brand Management, United Bank for Africa (UBA) Plc. Lashe Osoba; Officer,, Lagos Lottery Board, Nike Oyebamiji; Head Lagos Office, Consumer Protection Council, (CPC) Susie Onwuka; Executive Director, UBA Plc, Liadi Ayoku; Head, FMCG, UBA Plc. Isiuwe Chike; and Mass Retail/Agent Banking Manager, UBA Plc, Bolajoko Agunlejika at the …

LAGOS, NIGERIA – 17 April, 2019 – Zenith Bank Plc, (Bloomberg: ZENITHBA NL) (“Zenith” or the “Bank”), the Nigerian bank headquartered in Lagos, announces its unaudited results for the quarter ended 31 March 2019.     Financial Highlights    In millions of Naira       Income statement 31-Mar-19 31-Mar-18 % Change …