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WemaBank announces its unaudited results for Half Year ended 30th June 2023. The commercial bank achieved improved performance including Gross Earnings of ₦89.09bn, a y/y increase of 49% (H1 2022: ₦59.59bn). Interest Income up 53% y/y to ₦76.11bn (H1 2022: ₦49.75bn). Non-Interest Income up 32% y/y to ₦12.98bn (H1 2022: …

Adaora Umeoji Dr. Adaora Umeoji, has been reappointed by the board of Zenith Bank Plc as the lender’s deputy managing director. The announcement was made in a notice filed with the Nigerian Exchange Limited (NGX) on Friday. The re-engagement is effective August 2, 2023. The notice said that the Central …

  By Femi Aderotimi The historic payment of interim dividend by the Nigerian National Petroleum Company Limited into the Federation Account less than three months into the stoppage of payment for fuel subsidy by the Federal Government has proven that Mallam Mele Kyari, the Group Chief Executive Officer (GCEO) of …

African showbiz stars will take the centre stage on this weekend’s edition of the weekly television magazine, CNN African Voices Changemakers, sponsored by telecommunications service provider, Globacom. The guests on the 30-minutes magazine programme include the trio of Nigerian songwriter and record producer, Phillip Kayode Moses aka Pheelz; music sensation and songwriter, …

  UBA Offers Customers Unforgettable #Fun Summer Treat with ‘Fun Summer’   Africa’s Global Bank, United Bank for Africa (UBA) Plc has assured customers of a memorable summer treat with the recent launch of exclusive benefits and discounts tied to its cards during this period.   Tagged, the #FunSummer campaign, …

Second Pay Rise In 90 Days Africa’s Global Bank, United Bank for Africa (UBA) Plc, has reaffirmed its commitment to prioritise the welfare of its staff and their families reflecting the current economic realities and its impact on living conditions. To this end, the bank’s Board of Directors have announced the …

U.S. VP Kamala Harris, Guterres phone President Tinubu. In separate telephone conversations with President Bola Tinubu on Thursday evening in Abuja, United States Vice President Kamala Harris and United Nations’ Secretary-General Antonio Guterres expressed strong support for Nigeria’s efforts toward the restoration of constitutional order in the Republic of Niger. …

Seplat CEO, Roger Brown The legal battle between Seplat Energy PLC and its Nigerian minority shareholders may have forced the company to spend at least $19.4m on professional fees to defend its Chief Executive Officer, Roger Brown. Adding to Seplat’s injury is the naira depreciation resulting from the floating of the naira by …

Governor Bassey Edet Otu Cross River State Governor, Bassey Otu has nominated a former Senator, who represented Cross River North, Dr Stephen Odey as commissioner among 25 others. Odey, who has worked as chairman of the State Universal Basic Education Board, SUBEB, is among 25 others that would be screened …

Nyesom Wike, Rivers State Governor. The nomination of former governor of Rivers State Nyesom Wike for a ministerial position is a ‘reward for rascality’, according to the view of our respondent in an interview on Friday. President Ahmed Bola Tinubu had Wednesday submitted his ministerial list to the Senate with …