Category: Business
Dangote Cement, major contributor to Senegal’s economic development – Envoy
Dangote Cement Plc’s huge investment has been described as one of the major contributors to the development of the Senegalese economy. Bes [...]
Dangote Cement to pay N40.39 bn in corporate tax
…ramps up production capacity to meet local demand
Nigeria’s Dangote Cement Plc is expected to pay a total of N40.39 billion in taxation to the natio [...]
Fidelity Bank’s first quarter profit rises 64% on higher forex gains
Fidelity Bank’s profit after tax for the first three months of 2021 swelled by nearly two-thirds, the unaudited financial statements of the tier 2 len [...]
GTBank releases Q1 2021 unaudited results, reports profit before tax of ₦53.7bn
Guaranty Trust Bank plc has released its unaudited Financial Results for the period ended March 31, 2021 to the Nigerian and London Stock Exchanges.
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Access Bank set to acquire BancABC Botswana
Access Bank, Nigeria’s biggest lender by customer base, says it has entered into a definitive and binding agreement with ABC Holdings regarding a prop [...]
UBA posts 26.8% jump in Q1 net profit, double-digit growth on income lines
The United Bank for Africa (UBA) Plc says its profit after tax (PAT) increased by 26.8 percent in the first quarter (Q1) for the period ended Marc [...]
Currency printing: Wike backs Obaseki, says claim didn’t ‘come out of the blue’
Governor of Rivers State, Nyesom Wike has backed the claim by his Edo state counterpart, Godwin Obaseki, that N60 billion was printed by the Central B [...]
UBA business series to equip SMEs with performance management strategies for organisational growth
As part of its commitment to support the growth and sustainability of Micro, Small and Medium-scale Enterprises (MSME) in the continent, Pan Afric [...]
RCCG apologises to Fashola over petition against works ministry
The Redeemed Christian Church of God (RCCG) has tendered an “unreserved” apology to Babatunde Fashola’s Ministry of Works and Housing over a pet [...]
It’s loans you call printing money – Emefiele replies Obaseki over printed N60bn
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele says the claim by Godwin Obaseki, Edo state governor, that the federal government p [...]