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Category Archives: Business

Mouka Rewards Business Partners Nationwide with Exciting Gifts to Enhance Trade, Assures Endearing Relationship

Mouka, Nigeria’s leading manufacturer of mattresses, pillows, and other bedding products, has rewarded its loyal Business Partners with fabulous prizes in recognition of their contribution to the company’s growth trajectory. Gifts such as Tricycles, Air Conditioners and Television sets were presented to the highly elated Business Partners amidst the glitz and glamour of the African-themed evening. Celebrities, medical practitioners, media ... Read More »

Mouka Parent Company, Dolidol International Group, Appoints Dr Adesegun Akin-Olugbade as New Vice Chairman

Mouka, the market leader in Nigeria’s sleep industry and a new member of the Dolidol International group, has appointed Dr Adesegun Akin-Olugbade as its new Vice Chairman. The Board of Mouka’s parent company, Dolidol, has given their vote of confidence to the new Vice Chairman, who has an impressive resume of sterling accomplishments. According to the Managing Director of Mouka, ... Read More »

*Pastor arrested with 3 drums of Mkpuru Mmiri in Akwa Ibom as NDLEA intercepts Australia, Indonesia bound Meth consignments

* _*. Nabs 90-year-old bandits drug supplier, others at Lagos airport, 6 states*_ A trans-border drug dealer, Pastor Anietie Okon Effiong has been arrested by operatives of the National Drug Law Enforcement Agency, NDLEA, with three drums of crystal methamphetamine, locally called Mkpuru Mmiri, believed to have been imported from India. The consignment weighing 90 kilograms and loaded into a ... Read More »

Polaris Bank not for Sale Management

The bank released this statement on friday *RE: ONLINE PUBLICATION ON PURPORTED SALE OF POLARIS BANK* Our attention has been drawn to an online report on the purported sale of Polaris Bank Limited. This publication is speculative, deliberately intended to create panic and should be disregarded by the banking public. Stakeholders may recall the regulatory intervention in the erstwhile Skye ... Read More »

Dangote bags Nigerien national Honour over his Foundation’s Health Intervention

…As Dangote, Bill Gates Foundations sign MOU on immunization of Nigeriens President/Chief Executive of Dangote Industries Limited, Aliko Dangote has been conferred with the Commander of the Order of Merit of Niger award by the President of the Republic of Niger, His Excellency Mohamed Bazoum in Niamey. According to the certificate of conferment presented to Dangote in Niamey, the nation’s ... Read More »

HALF YEAR 2022: TRANSCORP GROUP DELIVERS SUSTAINABLE GROWTH AS PBT HITS N13.36BN

PBT grew Significantly by 85% Group Revenue grew by 18% Year on Year. Hotel Business witnesses’ tremendous growth with a 2451% growth in profit before tax and on Track to see record PBT in 2022. Transnational Corporation Plc (Transcorp Group), Nigeria’s leading conglomerates with investments in Hospitality, Power, and Oil & Gas sectors, has released its half-year results for the ... Read More »

Unity Bank Posts N27B Gross Earnings in H1’22 Records 23% Growth in PAT

Retail lender, Unity Bank Plc has posted gross earnings of N27.6 billion for its 2022 half-year results, representing a growth of 17% year-on-year. In its unaudited half-year financials submitted to the Nigeria Exchange Group Limited, the Bank also made significant improvements across key performance indicators. The Bank grew Profit Before Tax (PBT) by 23% which rose to N1.8 billion from ... Read More »

Why CBN Supported Reddington to Set-Up Duchess Hospital – Emefiele

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has said that the Duchess International Hospital, Ikeja, owned by the Reddington Hospital Group which successfully carried out leg surgery on Vice President Osinbajo recently is an exemplary model of Federal Government intervention through the CBN, in providing world class health facility in Nigeria to discourage medical tourism abroad by ... Read More »

Rite Foods’ MD, Seleem Adegunwa, Engendered Business Growth as Ogun State MAN Chairman, Hands Over to Successor

The Managing Director of Rite Foods, Mr. Seleem Adegunwa, the outgoing chairman of the Ogun State Chapter of the Manufacturers Association of Nigeria (MAN), who is highly reputed for his visionary leadership qualities has created the enabling business environment for the growth trajectory experienced by organisations in the various industries that constitute the Association for a viable economy. Adegunwa, who ... Read More »