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Stanbic IBTC Asset Management Limited (the “Fund Manager”), a subsidiary of Stanbic IBTC Holdings PLC, is pleased to announce that the N15 billion Series II Offer (the “Offer”) under its Stanbic IBTC Infrastructure Fund (the “Fund”) N100 billion Shelf Programme is now open and scheduled to close on Friday, 10 June 2022. The Fund …

Stanbic IBTC Bank Plc, a subsidiary of Stanbic IBTC Holdings Plc has rewarded several of its new and existing customers with cash prizes of ₦100,000 in the maiden draw of the season 2 of its savings promo, Reward4Saving. The first draw of this season, which took place at the Stanbic IBTC Head …

…Hospitality giant reports revenue of N7bn and gross profit of N5.1bn ABUJA, NIGERIA – April 28, 2022 – Transcorp Hotels Plc, Nigeria’s top hospitality company and a subsidiary of Transnational Corporation Plc. (Transcorp Group) has ended Q1 2022 with an impressive result, reporting a 77.4% growth in revenue to N7.04 billion from N3.97 billion …

Merged Photos of Mike Ozekhome SAN and CBN Governor, Godwin Emefiele The Governor of the Central Bank of Nigeria, Godwin Emefiele, has urged the Federal High Court sitting in Abuja to order that he “cannot be hindered, stopped or precluded from participating, voting or being voted for at the convention …

The Nigerian National Petroleum Company (NNPC) Limited has blamed the return of the queues at filling stations in Abuja to disruption in loading due public holidays last week. The NNPC in tweets on its official Tweeter handle in the early hours of Monday said it was ramping up loading to …

Unity Bank building Unity Bank Plc saw overall improvement in performance across all indicators in 2021, recording pre-tax profit growth of 49.9 per cent to N3.33 billion. Key extracts of the audited report and accounts of Unity Bank for the year ended December 31, 2021 released at the weekend at …

The Academic Staff Union of Universities (ASUU) early Monday morning extended the ongoing strike by 12 weeks. The decision was taken at an emergency National Executive Council (NEC) held at ASUU Secretariat in Abuja. A statement signed by ASUU president, Prof. Emmanuel Osodeke, said this was to give the government …

Tinuade Sanda, MD, EKEDC Residents of Ebute-Metta in Lagos State on Sunday protested against the “outrageous estimated billing system” by the Eko Electricity Distribution Company (EKEDC). The News Agency of Nigeria (NAN) reports that the residents trooped out into Apapa Road and moved to Oyingbo, at about 4.00 p.m., to …

A United States court has rescheduled the trial of Ebony Mayfield, a woman accused of helping the founder of Air Peace, Allen Onyema, to facilitate a $20 million bank fraud. A new court document obtained by PREMIUM TIMES shows the U.S. District Court of Northern Georgia, Atlanta Division, has rescheduled …

The Nigerian National Petroleum Company (NNPC) has cautioned Nigerians not to engage in panic buying of petrol, saying it has enough product for the country. The NNPC said this in a late Sunday statement by its Group General Manager, Group Public Affairs Division, Garba Deen Muhammad. The corporation said the …