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Author Archives: seun

Unity Bank Grows Gross Earnings to N57Billion in 2022FY

Unity Bank Grows Gross Earnings to N57Billion in 2022FY, Builds Momentum as Profit Grows by 21% in Q1/2023 LAGOS.02.06.23. Nigeria’s retail lender Unity Bank Plc has posted a Profit Before Tax of N1.1 billion for its full-year results that ended Dec 2022, even as its gross earnings rose by 13.1% to N57 billion from N50.2 billion in the corresponding period ... Read More »

Breaking: CBN denies devaluing Naira to N630/$1

The Central Bank of Nigeria, CBN said it has not devalued the naira urging the public to dismiss any contrary report. Acting Director, Corporate Communication, Dr. Isa AbdulMumin stated this in a statement titled, “CBN Has Not Devalued the Naira”. He said: “The attention of the Central Bank of Nigeria (CBN) has been drawn to a news report… titled “CBN ... Read More »

My Views On Auxiliary Arrest Pelumi Olajengbesi Esq.

I have read report of the invasion of the hotel and residence of Alh. Lamidi Mukaila Auxiliary who was before now the Oyo State Park Management System’s Chairman and the display of ammunitions claimed to have been recovered from his premises. While it is commendable that the Nigeria Police Force may have taken the initiative to be on top of ... Read More »

SANWO-OLU ADDRESSES GITEX ONE AFRICA DIGITAL SUMMIT IN MOROCCO

•I am committed to supporting growth of tech industry in Africa – Governor •Says African continent is on accelerated path to becoming next Silicon Valley Lagos State Governor, Mr. Babajide Sanwo-Olu on Wednesday said he is committed to the growth of the tech industry in Africa as an ardent believer in the vast and untapped potential that Africa holds in ... Read More »

OTTI DEFIES RAIN, SUPERVISES CLEARING OF REFUSE IN ABA

The Governor of Abia State Dr. Alex Otti on Wednesday defied the downpour in Aba to supervise the clearing of heaps of refuse on the popular Asa Road. Otti had in his inaugural address to the state on Monday declared a state of emergency on the clearing of wastes in the streets of Umuahia, the state capital and Aba, the ... Read More »

Abiodun meets Ogun workers, reiterates administration’s commitment to their welfare

The Ogun State governor, Dapo Abiodun, on Tuesday, reiterated his administration’s commitment to the welfare of workers in the service of the state, declaring the welfare would be part of the major priorities in the next of four years Abiodun made this known during an interaction with workers at his Oke-Mosan, Abeokuta office, where he also commended the state work ... Read More »

NASCON RECORDS 84% INCREASE IN PROFIT

…shareholders commend dividend payment. NASCON Allied Industries Plc have recorded impressive growth in all performance indicators in the year ended December 31, 2022, with profit after tax surging by 84 percent, from N2.97 billion to N5.47 billion. Shareholders at the company’s 2022 annual general meeting (AGM) held at the weekend in Lagos commended the board and management of NASCON for ... Read More »