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The Nigerian banking sector recorded impressive growth in the first quarter of the year, recording a 23.24% year-on-year increase in real GDP. This is also evidenced by the performance of the twelve commercial banks listed on the Nigerian Exchange (NGX). Wema Bank proved its mettle in the key metrics of …

Abbey Mortgage Bank Plc has reported an impressive performance for the year 2021. During the year the bank had a rebound in its result, recording a N622 million profit from a loss of N4.3 billion in the previous year. The year 2021 was indeed a positive one for the bank …

With a significant cut in its impairment charges (which translates into a clean loan book) in its 1Q, 2022 results, after it successfully brought down its non-performing loan to 6.1 per cent in 2021 full year performance, analysts say the repeat of the impressive performance of FirstBank in the first …

Huawei Technologies (Nigeria) Limited and Nigeria’s National Commission for Colleges of Education (NCCE) have signed a Memorandum of Understanding for the deployment of ICT Academies in all of colleges of Education in Nigeria. Captured in the signed Expression of Interest was the modality for which all Federal and State colleges …

~ Media Aide Describes Headline As Bait To Cajole Readers Oluwaseun Fabiyi, the media aide to popular Lagos Prophet Israel Oladele Ogundipe, aka Genesis, has denounced a statement credited to the Man Of God, by Yoruba weekly Journal, Alariya Oodua. Recall that Prophet Israel Oladele had met with twelve Online …

As part of its corporate social responsibility, the management of Huawei Technologies in partnership with the Special Intervention Program on Communal and Societal Development (SIPCOD), a Non-profit organisation has upgraded and equipped an e-learning center with 58 state-of-the-art computers among others at the Sardauna Memorial College, Kaduna. The gesture was to support …

Ngozi Okonjo-Iweala, DG WTO At 2022 WEF In Davos/ THE WHISTLER The World Trade Organisation has said that it is finding ways to prevent member countries from hoarding their food and avert global food crisis. The WTO Director General, Ngozi Okonjo Iweala, said the over three-month Russia-Ukraine crisis is posing …

Nigerian skit maker, Oga Sabinus, has slammed a N1bn suit on Friesland Foods Wamco Nigeria, the makers of Peak milk, for alleged intellectual property theft. He also sued UAC Food LTD, makers of Gala Sausage Roll, for N100M for using his image for an ad without his permission. The Port …

A High Court in Damaturu, Yobe State, on Monday, ordered MTN Telecommunications Limited and Nigeria Electricity Liability Management Limited/GTE (NELMCO), to pay N200m to Hamsatu Abdullahi for negligence. Justice M. Lawu Lawan said: “I hold that the plaintiff has dully established by oral and documentary credible and unchallenged evidence against …

Popular Nollywood actor,  Kalu Ikeagwu, on Monday, told an Ikeja High Court how his estranged wife, Ijeoma,  allegedly deserted their matrimonial home and prevented him from gaining access to their two children. Ikeagwu, in the suit marked LD/8939HD/2021, is seeking a dissolution of his six-year-old marriage to Ijeoma. The actor …