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Sunday, October 25, 2020

Aliko Dangote showers praise on Tony Elumelu over Times 100 Nominations

By Aliko Dangote Amere handshake says a lot about Tony Elumelu. His gritty grip underlines his charming, tenacious personality: a man who hardly backs down from any challenge. The same engaging qualities have propelled him from a modest beginning in Nigeria to becoming chair of...

FirstBank promotes career devt of staff, graduates third set of it’s senior mgt devt programme participants

First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, has graduated 12 successful candidates in the third edition of its Senior Management Development Programme (SMDP). The graduation ceremony held virtually, via the Zoom video conferencing platform on Wednesday, 2 September, 2020. The Senior...

Nigeria’s Zenith Bank sees 4% rise in profit this year

ABUJA, Sept 9 (Reuters) - Nigeria's Zenith Bank ZENITHB.LG said on Wednesday it expects pretax profit to rise 4% to 253 billion naira this year, despite the impact of the coronavirus of the economy, as strong liquidity buffers helped the top lender lift...

With 50.8% liquidity ratio, Zenith Bank remains bullish on 2020 profit

by Chijioke Ohuocha ABUJA, Sept 9 - Nigeria's Zenith Bank ZENITHB.LG expects pretax profit to rise 4% to 253 billion naira ($665 million) this year, despite the impact of the coronavirus, saying on Wednesday that strong liquidity buffers had helped it to grow. Zenith, one of...

How Sterling Bank Staff Fraudulently Opened Unauthorised Accounts Using Customers’ Names Linked With BVN To Apply For Loans

Monday, September 7,2020 Monday, September 7,2020 Two farmers, Umar Abubakar and Muhammad Sani-Abdul, have revealed how staff of Sterling Bank in Bauchi State fraudulently opened unauthorised accounts using their names and Bank Verification Numbers to apply for loans. The farmers, in a petition seen by SaharaReporters, told...

H1: GTBank declares 30k interim dividend

By Chinyere Joel-Nwokeoma Lagos, Sept. 2, 2020 Guaranty Trust Bank Plc on Wednesday announced an interim dividend of 30k per share for the half year ended June 30, 2020. The bank stated this in its audited financial results released to the Nigerian Stock Exchange and...

UBA Delivers N300.6 Billion Gross Earnings, Declares N0.17k Interim Dividend

Lagos, Nigeria September 02, 2020….// Africa’s leading financial institution, United Bank for Africa (UBA) Plc, has announced its audited financial results for the half year ended June 30, 2020, showing commendable growth across key performance indices as well as increased contribution from its African...

AP promises shareholders improved profitability

By Chinyere Joel-Nwokeoma Lagos, Aug. 30, 2020 The Chief Executive Officer, Ardova Plc (AP), Mr Olumide Adeosun, has assured shareholders of improved profitability and value in the current financial year ending Dec. 31, 2020. In a statement on Sunday in Lagos, Adeosun said the company would...

Guinness Nigeria posts first annual loss in four years, shares fall

Chijioke Ohuocha ABUJA - Guinness Nigeria slumped to an annual pretax loss of 17.07 billion naira ($45 million), its first in four years, hurt by writedowns and coronavirus-induced disruptions, sending its shares almost 9% lower on Friday. The company, which is 54% owned by UK-based...

Standard chartered, Visa launch ‘Safe is Smart’ campaign

By Itohan Abara-Laserian Lagos, Aug. 27, 2020 Standard Chartered Bank in collaboration with Visa, has launched the ‘Safe is Smart’ campaign, aimed at encouraging the adoption of eCommerce solutions, as Nigeria journeys onto economic recovery. Mr Dayo Aderugbo, Head, Corporate Affairs, Brand and Marketing, Standard Chartered,...
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