Business

UBA posts N607bn profit after tax, pays N78.7bn dividends to shareholders

Kazeem Ugbodaga

2 years ago

UBA posted an impressive leap in gross earnings, as it grew from N853.2 billion recorded at the end of 2022…

FG targets 37,000 jobs in geriatric social care industry

Taiwo Okanlawon

2 years ago

Omokaro disclosed that NSSC has set up a 23-member private sector led Council made up of all relevant stakeholders in…

FCMB to raise additional N150bn in third quarter of 2024

Kazeem Ugbodaga

2 years ago

According to Balogun, the company has retained 80 per cent of its profits to support its growth and expansion initiatives.

Joseph Afolabi empowers young African leaders through YALI and Sustainability Initiatives

Taiwo Okanlawon

2 years ago

Joseph’s contributions to leadership and sustainability are making a significant impact on his community and beyond. His work through YALI…

FCMB Group’s 11th AGM to Highlight Record 2023 Financials, Chart Course for Future Growth

Ademola Adegbamigbe

2 years ago

FCMB Group Plc is set to hold its 11th Annual General Meeting (AGM) at the Balmoral Convention Center, Federal Palace…

NCAA to sanction Turkish Airlines

Kazeem Ugbodaga

2 years ago

According to him, the agency would not hesitate to roll out stiff penalties and sanctions to Turkish Airlines as Nigerian…

Lagos attracts over N50 billion investment in one year

Kazeem Ugbodaga

2 years ago

According to the Commissioner, the new multi billion naira investments, one of which is the Twinings Ovaltine Nigeria Limited (TONL),…

Naira gains against dollar at official market

Ayorinde Oluokun

2 years ago

The Association of Bureau De Change Operators of Nigeria (ABCON) commended the CBN’s reforms for the Naira’s appreciation at the…

Transcorp Power declares N23.46 billion dividend for shareholders

Kazeem Ugbodaga

2 years ago

The company recorded gross earnings of N142.1 billion, a 57.3% increase, compared to the previous year.

CBN continues aggressive tightening, raises lending rate to 26.25%

Ayorinde Oluokun

2 years ago

Mr Yemi Cardoso, the Governor of CBN said this on Tuesday in Abuja, while reading the communique from the 295th…

NEFGAD drags Netflix, old generation bank to court over abuse of OTP, customer’s account details

Taiwo Okanlawon

2 years ago

Mr Akingunola has raised serious concerns about the breach of fiduciary duty by UBA, stating that the bank failed to…

UBA at 75: We’ve demonstrated remarkable financial strength, resilience amidst economic challenges – GMD

Kazeem Ugbodaga

2 years ago

Alawuba stated that innovation and digital transformation are at the heart of UBA's strategy for future growth and competitiveness, saying…

MPC meeting: Experts advise CBN to retain 24.75% lending rate

Ayorinde Oluokun

2 years ago

Some financial and economic experts have advised the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to…

Kasper: Turning Setbacks into Success in the World of Trading

Taiwo Okanlawon

2 years ago

Kasper’s achievements reached new heights in 2024 when he achieved his first six-figure month, bolstered by significant gains in Bitcoin…

The making of Fly ZeJet, Cameroon’s first privately-owned scheduled airline

Kazeem Ugbodaga

2 years ago

Armed with a fleet of three (03) Embraer ERJ-145 aircraft, each with a 50-passenger capacity, acquired for a total investment…

NCC suspends issuance of new Licenses

Kazeem Ugbodaga

2 years ago

The Director of Public Affairs, NCC, Dr Reuben Muoka, in a statement in Abuja on Friday, said the commission acted…

What Tinubu told Chinese executives about their investments in Nigeria

Kazeem Ugbodaga

2 years ago

President Tinubu encouraged the corporation to also explore other avenues of cooperation, especially in solid minerals, adding: "The door is…

FG meets 32 state governors to establish joint committee to address mining issues

Kazeem Ugbodaga

2 years ago

Alake said during the meeting, hosted by the Chairman of the Nigerian Governors Forum, Kwara State Governor AbdulRasak Abdulrahman, he…

U.S., Nigeria unveil open skies air transport agreement

Ayorinde Oluokun

2 years ago

The bilateral agreement establishes a modern civil aviation relationship between the two countries. The mission said that the agreement was…

Emirates announces resumption of flights to Nigeria

Ayorinde Oluokun

2 years ago

Emirates Airlines confirmed the the resumption of flight operations to Nigeria from 1, October 2024 in a statement on its…

Dollar crashes against Naira at official market

Kazeem Ugbodaga

2 years ago

This represents a 4.04 per cent gain when compared to the previous trading date on Tuesday, when the local currency…

Tinubu seeks Senate’s confirmation of 4 board members of SEC

Isa Isawade

2 years ago

The Senate President, thereafter, referred the request to the Senate Committee on Capital Markets to report back to the Senate…

Gen Zs and Millennials Shouldn’t Think Retirement Is Too Far Off

Ademola Adegbamigbe

2 years ago

Steak and grills every weekend, a trip to that music festival you always wanted, maybe even owning a place…

Macron appoints Aig-Imoukhuede President of France Nigeria Business Council

Isa Isawade

2 years ago

It said that Aig-Imoukhuede’s appointment followed the passing of Herbert Wigwe, the council’s former President, in February.

Weststar presents the new Mercedes GLS

Isa Isawade

2 years ago

The Mercedes-Benz GLS still comes standard as a seven-seater. However, two new leather colours are available, Catalana beige and Bahia…

German chemical giant Bayer reports $2.16bn profit drop in first quarter

Kazeem Ugbodaga

2 years ago

Group's sales were 13.77 billion euros in the first quarter of 2024, showing a decline of 0.6per cent on a…

FCMB, US Government partner to strengthen Nigeria’s private health sector

Ademola Adegbamigbe

2 years ago

At a ceremony held at the First City Monument Bank (FCMB) Headquarters in Lagos, Nigeria, the U.S. Agency for International Development (USAID)…

NNPC E&P Ltd, NOSL hit first oil in OML 13, Akwa Ibom

Ayorinde Oluokun

2 years ago

The NNPC E&P Ltd. is NNPC Ltd’s flagship upstream subsidiary, while NOSL is a subsidiary of Sterling Oil Exploration &…

Jos DisCo to restore power supply to Bauchi, Gombe soon

Paul Dada

2 years ago

JED’s Managing Director, Abdu Bello-Mohammed said this during an inspection visit to the ongoing reconstruction of vandalised 330kV power line…

Interswitch announces Career Fair 3.0

Kazeem Ugbodaga

2 years ago

Speaking on the forthcoming event, Franklin Ali, Chief Human Resource Officer at Interswitch Nigeria, said, “We are excited to announce…

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