…ramps up production capacity to meet local demand Nigeria’s Dangote Cement Plc is expected to pay a total of N40.39 billion in taxation to the nation’s treasury from its operational result in the first quarter of 2021. According to the financial result published by the country’s largest cement manufacturer …
Read More »BANKING MADE SIMPLE
Raheem Akingbolu reviews the new FirstBank’s corporate website and reckons that it would go a long way in strengthening the ability of the bank’s patrons and other potential customers in addressing basic banking operations. Outside the physical identity of any brand, the most accessible door into operations of a company …
Read More »CORPORATE STATEMENT ON THE NEW BOARD CONSTITUTION
We refer to the Central Bank of Nigeria Limited (CBN) pronouncement on the reconstitution of the Board of Directors of First Bank of Nigeria Limited. Further to the press conference held by the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele CON on Thursday, 29 April 2021, the …
Read More »FEC approves national poverty reduction strategy
The Federal Executive Council (FEC) has approved the National Poverty Reduction with Growth Strategy’ (NPRGS), which was put together by the Presidential Economic Advisory Council (PEAC). Special Adviser to the President on Media and Publicity Mr. Femi Adesina stated this on Wednesday to State House Correspondents at the post-FEC briefing. …
Read More »Exposed: N25m donation withholds as Lagos detects lies in viral amputee hawker’s claims
Claims by Mary Daniel, the Oshodi amputee hawker that she lost a leg in an accident that killed all passengers, including her parents when she was a teenager, have been discovered as false, The Nation learnt on Wednesday evening. Daniel became a sensation weeks ago after pictures of her selling water at …
Read More »JForce: Taking Ecommerce to Rural Dwellers
By Adedoyin Giwa Meeting the needs of Nigeria’s rural ecommerce consumers requires a peculiar method. The myriad of challenges against the advancement of online shopping culture in rural settlements of African states cannot be overemphasized. To successfully make in-roads in reaching and gaining the trust of rural consumers, ecommerce players …
Read More »BREAKING: First Bank appoints Gbenga Shobo as MD/CEO designate, Abdullahi Ibrahim as DMD
Mr. Gbenga Shobo, First Bank new MD/CEO designate The board of First Bank of Nigeria Limited on Wednesday, approved the appointment of Mr. Gbenga Shobo, currently Managing Deputy Director, as its Managing Director/CEO designate of the bank. The lender has also appointed Mr. Abdullahi Ibrahim, as its new Deputy Managing …
Read More »Fidelity Bank Plc Announces 53.9% Growth In Profit Before Tax to N10.1bn For Q1 2021
Top Nigerian lender, Fidelity Bank Plc recorded a strong financial performance in the first quarter of 2021, posting appreciable growth in profits for the period ended 31 March 2021. Details of the unaudited results, released at the Nigerian Stock Exchange (NSE) show that Profit before Tax (PBT) grew by 53.9% …
Read More »Addax: Senator Magnus Abe Affronted Buhari, Goofed, By Yamai John
By curiously questioning the wisdom of President Muhammadu Buhari, who is also the substantive Minister of Petroleum Resources, in canceling the revocation by the Department of Petroleum Resources (DPR) of four oil mining leases belonging to Addax Petroleum Exploration Nigeria Ltd., Senator Magnus Abe goofed and exceeded his brief. Here …
Read More »Titan Trust Bank shines at UK Global Brands Magazine awards, wins in 2 categories
Titan Trust Bank Limited has clinched two international awards at the United Kingdom-based 2021 annual Global Brands Magazine awards released at the weekend. The bank emerged winner in two categories, beating other nominees to win the ‘Best New Commercial Banking Brand’ and ‘Fastest Growing Digital Banking Brand in Nigeria for …
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