Firing on all cylinders, Transnational Corporation Plc, (Transcorp Group) has reported significant and impressive returns in all its major financial indices for the first quarter ended March 31, 2022. Its unaudited results filed with the Nigeria Exchange Limited, showed that the conglomerate with interests in the power, hospitality, and energy sectors recorded a profit after tax of N5.0bn rising significantly ... Read More »
The National Drug Law Enforcement Agency, NDLEA, has said that ongoing investigation of a billionaire drug baron, Chief Afam Mallinson Ukatu, has led to the discovery of how the suspect imported into Nigeria in a single month, October 2019, two containers containing 1,284 cartons of Tramadol with market value of over N22billion. The Agency stated this in a statement on ... Read More »
In commemoration of this year’s World Earth Day, Unity Bank Plc in partnership with 3 non-government organisations – Recycling Scheme for Women and Youth Empowerment, RESWAYE, MEDIC and KBG – has conducted a beach cleaning exercise as part of its commitments to promoting environmental sustainability. No fewer than 200 members of staff, as well as over 100 members of RESWAYE ... Read More »
Africa’s global bank, United Bank for Africa (UBA) Plc has released its unaudited results for the first quarter ended March 31st, 2022, recording impressive growth across its income lines. The bank’s result which was released to the Nigerian Stock Exchange on Tuesday showed that gross earnings rose by 18.3% from N155.4 billion in 2021 to N183.9 billion; while operating income ... Read More »
ForumsGuaranty Trust Dominates at Euromoney’s Awards for Excellence 202 Africa’s leading financial services institution, Guaranty Trust, has been named Africa’s Best Bank 2021 by Euromoney, the premier information authority on global finance. Guaranty Trust Bank was also recognized as Nigeria’s Best Bank for a record 11th time. “Not the biggest but the most profitable. That’s the strategy of Guaranty Trust ... Read More »
As Muslims in the country mark Eid el-Kabir, Rite Foods Limited, a leading brand in the food and beverage sector of the Nigerian economy, has urged the faithful to always sustain the virtues of love, tolerance, and brotherhood which the Islamic religion upholds. It is also a time for mutual co-existence, where parts of the sacrifice offered to Allah are ... Read More »
Mouka Launches New Campaign, Rewards Consumers with Bedroom Makeover worth N1 Million Mouka, Nigeria’s leading brand of mattresses and pillows has launched a new campaign to encourage consumers to buy the right Mouka mattress based on their unique needs. The “Get the Mouka for You” campaign seeks to educate consumers about the need to consider their age, body build, lifestyle ... Read More »
Rite Foods’ contempt proceedings against the Nigerian Bottling Company (NBC) and its managing director- Mathieu Seguin-came up for the first time on 12, July 2021 before Hon. Justice Allagoa of the Federal High Court, Lagos. During the proceedings, Rite Foods’ counsel, Muyiwa Ogungbenro, informed the court that there are several applications before the court that Rite Foods needed more time ... Read More »
Firm, Develops Cloud-Based Solution for Africa’s Hospitality Industry · AP Delivers Backbone for “Aura By Transcorp Hotels” Hospitality Platform LAGOS, Nigeria, July 13, 2021 – Africa Prudential has demonstrated its digital capabilities, with the launch of “Aura by Transcorp Hotels”, an innovative commercial cloud-based product launched in the Nigerian market. “Aura by Transcorp Hotels” is an online platform that curates ... Read More »
•Governor Has Demonstrated Regard for Professionals across All Fields – ICAN President Lagos State Governor, Mr. Babajide Sanwo-Olu has stressed the need for trust, accountability and transparency in governance, as well as high level of professionalism in the public and private sectors. He said these are qualities required for a sustainable social and economic development in the country. Governor Sanwo-Olu ... Read More »
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