Category: Business

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GTBank releases Q1 2021 unaudited results, reports profit before tax of ₦53.7bn

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. [...]
Access Bank set to acquire BancABC Botswana

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

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’

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

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

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

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 [...]
I stand by my claim on printing of N60bn, Obaseki insists

I stand by my claim on printing of N60bn, Obaseki insists

Edo State Governor, Godwin Obaseki has said he won’t join issues with the Federal Government over his claim that N60 billion was printed in March to s [...]
Dangote: Cement price from our factories between N2,450 and N2,510 per Bag, VAT inclusive

Dangote: Cement price from our factories between N2,450 and N2,510 per Bag, VAT inclusive

…says Nigeria price is in line with or lower than prices across the West African coast  Management of Dangote Cement Plc has clarified that the pri [...]
CBN denies currency printing allegations by Obaseki

CBN denies currency printing allegations by Obaseki

The Central Bank of Nigeria has denied knowledge of the claim that Nigeria printed billions of naira last month to cushion its financial trouble. T [...]
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