The initiative seeks to create a highly qualified and competitive workforce for a fast-growing, diversified, technologically advanced economy. elev8 consolidates its operation in the Middle East with a modern campus for training in new technologies Lagos, May 2022. elev8, the world leader in digital training initiatives, recently launched the Digital Center …
Read More »Jumia shares first Environmental Social Governance report highlighting its current sustainability practices
Lagos (Nigeria), May 11th, 2022: Jumia (NYSE:JMIA) released today its first Environmental Social Governance Report outlining its ESG strategy alongside an overview of current sustainability practices at Jumia. The report draws on Jumia’s 2021 non-financial data and provides disclosures in line with Sustainability Accounting Standards Board (SASB) materiality topics for …
Read More »STANBIC IBTC Infrastructure Fund Series II Offer Is Now Open
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 …
Read More »Winners Emerge in the Stanbic IBTC Reward4Saving Promo Season 2
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 …
Read More »Transcorp Hotels Plc pushes on with outstanding Q1 performance as PBT rises by 624.4% and revenue grows by 77.4%
…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 …
Read More »CBN Governor Can Run For President, Ozekhome Tells Court
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 …
Read More »NNPC explains return of queues to Abuja filling stations
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 …
Read More »F’Y 2021: Unity Bank grows profit by 50% to N3.3b
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 …
Read More »BREAKING: Varsities to remain shut as ASUU extends strike
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 …
Read More »Lagos residents protest Eko DisCo’s ‘outrageous’ billing
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 …
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