slideshow

Abbey Mortgage Magnifies Earnings as Lower NPLs Validates Risk Management Strategy

Abbey Mortgage Plc has continued to magnify earnings, surmounting inflationary shocks that allocate as the Bank’s lower Non-Performing Loans (NPLs) its risk management strategies. The mortgage firm’s net profit rose by 11.79 percent to N856.26 million in December 2023 from N766.19 million as of December 2022. Interest income spiked by 49.27 percent to N49.27 billion in …

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Protest erupts in Minna over economic hardship

  Residents of Minna, Niger State, trooped out in large numbers to protest the hardship in Nigeria caused by the rising cost of living occasioned by the downturn of the economy. On Monday, women and many youths blocked the roundabout in the Pkakungu area of Minna to express their grievances over the …

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AFCON: Nigerian High Commission issues security advisories to Nigerians in South Africa ahead of Super Eagles and Bafana Bafana match

The Nigerian High Commission in South Africa has issued security advisories to Nigerian nationals ahead of the 2023 African Cup of Nations (AFCON) semi-final match between the Super Eagles and Bafana Bafana.    The High Commission in a statement issued on Monday, February 5, 2024, observed the potentially inflammatory online …

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Celebrating Twenty Years of Manufacturing Excellence, BAT Nigeria Announces Factory Anniversary

 British American Tobacco (Nigeria) Limited (BAT Nigeria) is celebrating two decades of its Ibadan factory’s exceptional value delivery to the Nigerian economy, the environment, and the communities it serves. Established in 2003, the Ibadan factory has been a cornerstone of BAT Nigeria’s operations in West and Central Africa, enabling exports …

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