If indications from two separate but related events that were held last December are anything to go by, then one of Nigeria’s most vulnerable groups may be on the verge of experiencing better times. The events, hosted in two separate states/regions and separated by a 20-day interval, held at a time when self-splurging by many young Nigerians was at octane ... Read More »
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Fidelity Bank to celebrate International Women’s Day with Community-Driven Proposition
In commemoration of the International Women’s Day 2022, foremost financial institution, Fidelity Bank Plc, has announced plans to celebrate leading women and female achievers at a networking event in partnership with media entrepreneur – Linda Ikeji – on Tuesday, 8 March 2022. Themed ‘Breaking the Bias’, this year’s International Women’s Day celebration is aimed at promoting gender equity across various ... Read More »
RESILIENT ZENITH BANK SURPASSES MARKET EXPECTATIONS WITH DOUBLE-DIGIT GROWTH IN PROFIT BEFORE TAX (PBT) IN 2021
Zenith Bank Plc has announced an impressive result for the year ended December 31, 2021, with Profit Before Tax (PBT) rising by 10% to N280.4 billion from N255.9 billion reported in the previous year. This is in spite of a challenging macroeconomic environment aggravated by the coronavirus (COVID-19) pandemic.According to the bank’s audited financial results for the 2021 financial year ... Read More »
Zenith Bank’s gross earnings rise by 10%, hit N756bn
Zenith Bank Plc says its gross earnings rose by 10 per cent to N765.6bn as of the end of December 2021, from N696.5bn recorded in the corresponding period of 2020. A statement by the bank said this was despite a challenging macroeconomic environment aggravated by the COVID-19 pandemic. The lender its audited financial results for the 2021 financial year presented ... Read More »
Russia-Ukraine war: Fuel scarcity may continue, More vessels avoid Black, Mediterranean seas over attacks
The ongoing war between Russia and Ukraine may further prolong the over three-week scarcity of Premium Motor Spirit, popularly called petrol, in Nigeria, as bulk of the refined products coming into the country from the warring region and its adjoining areas are likely to face some delays. It was also gathered on Sunday that traders who supply Nigeria with refined ... Read More »
Update : MTN, Mafab paid $273.6m each for 5G spectrum licence, Says NCC
The Nigerian Communications Commission has confirmed that MTN Nigeria and Mafab Communications Limited have paid $273.6m each for the Fifth Generation spectrum licence. The Executive Vice Chairman of the NCC, Umar Danbatta, officially confirmed the payment status on Thursday, as the deadline set for the two winners of the spectrum auction elapsed. This is according to a press statement issued ... Read More »
Stanbic IBTC Chairman Advocates Adoption Of Clean Energy
Organisations have been urged to migrate to cleaner energy sources for their operations because of the capacity to reduce the impact of emissions on the environment. This assertion was made by Basil Omiyi, Chairman, Stanbic IBTC PLC, recently. Acknowledging that the economy and society are wholly owned subsidiaries of the environment, he stated that the use of green energy will ... Read More »
COMMUNIQUE ON CRIITICAL STAKEHOLDERS’ ENGAGEMENT BETWEEN NARTO, PTD, NUPENG, NMDPRA AND NNPC LTD ON FEBRUARY 17, 2022 AT NNPC TOWERS
Following the engagement between NMDPRA, NNPC, PTD, NARTO, and NUPENG, the parties resolved as follows: 1. Road Rehabilitation NNPC provided updates on the current status of the road construction and rehabilitation projects under the road infrastructure tax credit scheme and assured the stakeholders (NUPENG, NARTO and PTD) that the funding earmarked for the 21 critical roads will be applied ... Read More »
We’ll Handle Erring PMS Suppliers, House C’ttee Tells Nigerians
…..As NNPC CEO Assures Fuel Queues Will Vanish in Few Days* The Chairman, House of Representatives Committee on Petroleum (Downstream), Hon. Abdullahi Mahmud Gaya has assured Nigerians that his Committee will handle companies who imported methanol-blended Premium Motor Spirit (PMS) into the country. The Chairman was responding to a question from one of the Committee members in that regard. Hon. ... Read More »
Valentine Season: Polaris Bank Excites Existing and Prospective Customers with Mouthwatering Rewards
Polaris Bank has announced plans to delight its existing and new customers this Valentine season with a series of mouthwatering rewards. The Bank announced this over the weekend through its Group Head, Strategic Brand Management, Mr. Nduneche Ezurike, while intimating the general public about its Valentine Campaign tagged “Valentine Purple Love Season.” Mr. Ezurike said that “The reward campaign which ... Read More »