Just few weeks after being announced the winner of the 2019 election, President Mohammadu Buhari may have began to assert his powers by making some historic pronouncements on the ownership of individual oil licenses. Recalled that the president had promised to put an end to the idea of individual ownership of the nation’s Oil Mining Lease-OML if given the second ... Read More »
Author Archives: NewsThumb Magz
Ecobank to Collaborate With CIBN on Financial Inclusion, Capacity Building
The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has reiterated the need for collaboration between the Bank and Chartered Institute of Bankers of Nigeria (CIBN) on financial inclusion and capacity building with a view to moving the industry forward. The Managing Director, who was speaking against the backdrop of Ecobank’s giant strides in the digital banking space during CIBN stakeholder’s ... Read More »
2019 WORLD BOOK DAY
Managing Director/CEO, Fidelity Bank Plc, Nnamdi Okonkwo attended a Book Reading event to commemorate the World Book Day. The event which was held at the Shell Hall, Muson Centre, Lagos and organized by Famfa Oil Limited had in attendance children drawn from various public and private schools in Lagos. L-R: Managing Director/Chief Executive Officer, Fidelity Bank Plc, ... Read More »
GTBank Sponsors 2019 Lagos International Polo Tournament
Some of the most renowned indigenous and international polo teams are set to convene in Lagos, Nigeria to compete for highly coveted trophies in the 2019 Lagos Int’l Polo Tournament. Sponsored by leading African Financial Institution, Guaranty Trust Bank plc. This year’s competition will begin on March 13, 2019 and will see both Nigerian and foreign teams compete in ... Read More »
GTBank Sponsors 2019 Lagos International Polo Tourname
Some of the most renowned indigenous and international polo teams are set to convene in Lagos, Nigeria to compete for highly coveted trophies in the 2019 Lagos Int’l Polo Tournament. Sponsored by leading African Financial Institution, Guaranty Trust Bank plc. This year’s competition will begin on March 13, 2019 and will see both Nigerian and foreign teams compete in five ... Read More »
We’ll list on NSE before July, says MTN as Nigeria revenue hits N965bn
MTN Group says it will list Nigerian Stock Exchange (NSE) in the first half of 2019, after recording very positive trade numbers in 2018 fiscal year. The telecommunication giant made this disclosure in a mailed statement seen by TheCable on Thursday, as its results showed a total revenue of 37,971,000,000 South African rand (N965.3bn). “MTN plans to list by ... Read More »
GTBank Releases 2018 Full Year Audited Results …….. Reports Profit before Tax of 215.6 Billion
Guaranty Trust Bank plc has released its audited financial results for the year ended December 31, 2018to the Nigerian and London Stock Exchanges. A review of the results shows positive performance across all financial metrics and improved strategicpositioning of the brand. Gross earnings for the year grew by 3.7% to 434.7billion from 419.2billion reported in the December 2017. Profit ... Read More »
Stop attacking Buhari, take rest at 82, Alake advises Obasanjo
The Alake and Paramount Ruler of Egbaland, Oba Aremu Gbadebo, on Tuesday advised former President Olusegun Obasanjo to desist from his ceaseless attacks on President Muhammadu Buhari. The monarch gave the advice in his goodwill message to mark the 82nd birthday anniversary of Obasanjo at the Olusegun Obasanjo Presidential Library in Abeokuta. Gbadebo, who noted that Obasanjo had been ‘‘a ... Read More »
FIRSTBANK MARCHES ON, BRINGS THE WORLD TO A STANDSTILL
Nigeria’s Premier financial institution and iconic banking Brand, First Bank of Nigeria Limited had the world stand still on Friday, 1 March 2019, as it held its symbolic flag hoisting ceremony across Nigeria and other countries where it does business. The celebratory flag hoisting officially flags off the bank’s commemoration of attaining the milestone year of 125. ... Read More »
Don’t sink Nigeria ship because you lost – PDP warned
The People’s Democratic Party (PDP) has been urged to accept the outcome of the just concluded presidential election in the spirit of sportsmanship. National Chairman, Igbo Reawakening Forum (IRF), Uchenna Ufearoh, who gave the advice in a chat with the Nation, said the party should not sink the ship of the state because of its loss. The party had lost ... Read More »