Profit before tax expands to N3.3bn as the leading hospitality brand continues to redefine standards Abuja, Nigeria – October 28, 2022 – Transcorp Hotels Plc (“Transcorp Hotels” or the “Company”) (NGX: TRANSCOHOT) has announced results for the nine months ended September 30, 2022, as it continues its impressive performance, maintain its …
Read More »Wema Bank grows earnings by 51% to N95.354 billion on loan growth
Nigeria’s most innovative bank and digital banking pioneer, Wema Bank Plc, has recorded gross earnings of N95.345 billion in the third quarter ended September 30, 2022, representing a growth of 51.17% year-on-year, from N63.077 billion posted during the same time in 2021. According to the bank’s unaudited financial results for …
Read More »Q3: Dangote increases cement sales by 6.2% to 20.8mt as it embraces alternative fuel to cut cost
For the third quarter of 2022, the Management of Dangote Cement has recorded an increase in the overall volume of cement sales by 6.2 percent to 20.8metric tons. This was achieved despite the elevated inflation that is due to a very volatile global environment. To further increase the supply of …
Read More »FIRSTBANK SPONSORS FIFTH CHUKKER AFRICAN PATRONS CUP POLO TOURNAMENT
Kaduna is agog with excitement as preparation for this year’s First Bank of Nigeria Limited sponsored Emir of Zazzau African Patrons Cup and Breast Cancer Awareness Campaign gathers momentum. The African Patrons cup is an annual polo tournament which features Low, Medium and High goal teams from all around the …
Read More »2nd Years Anniversary: Pishon Prophetic Global Ministry ‘PPGM’ For Greatness
… Worshipers recorded unending joyous celebrations Saturday, 29th and Sunday 30th October 2022 have been set aside for the 2nd year anniversary of PISHON Prophetic Global Ministry, ‘PPGM’ aka House of Gold, at the church headquarters in Kwara State Nigeria However, the 29th October 2022, will witness special activities one …
Read More »Again Prophet Genesis Condemns Alcohol At Annual Celestial Harvest
…Says Celestials Are The Real Architect Of Their Problems + Organises Holy Ghost Encounter Service tagged ‘New Moon’ The profile of renowned Prophet Israel Oladele Ogundipe, the shepherd in charge of Celestial Church, Genesis Global has continued to rise despite backlashes from those who choose to hate him. While …
Read More »Finance minister dissociates self from naira redesign policy
Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed • Warns CBN of consequences The Minister of Finance, Budget and National Planning , Zainab Ahmed, has dissociated herself from the Naira redesign policy fixed for December 15, 2022 by the Central Bank of Nigeria. The Minister, who commented on …
Read More »Don’t panic over terror alarm – President Buhari tells Nigerians
President Buhari has urged the nation’s security establishment and citizens to continue being vigilant and careful with security, saying it is important to avoid panic. In a statement released by his media aide, Garba Shehu, President Buhari urged citizens to remain calm in the wake of the recent changes in …
Read More »Unity Bank Declares N2.2 Billion Profit in Q3/2022, Grows Gross Earnings by 17%
LAGOS. 26.10.2022. Retail lender, Unity Bank Plc has declared a N2.2 billion profit for the nine-month period ended September 30, 2022, with 17% growth in gross earnings to N42.2 billion for the same period, as against N36.2 billion in the corresponding period of 2021. The increase can be attributed to …
Read More »Policies, regulations development: Vehicle for promoting commerce in Nigeria
At the Nigeria Digital Economy Summit (NDES) themed “Web 3.0, Blockchain & DeFi: Impact on Africa’s Digital Economy,” the Vice President of Nigeria, Prof. Osinbajo, affirmed that with the right approach and policy, as well as the country’s human capital and potential, Nigeria could actually become a world leader in …
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