Category: Business
Unity Bank gows gross earnings to N27.5bn in H1’2023 as naira devaluation impacts bottom-line
Retail lender, Unity Bank Plc grew its deposits to N333.38 billion, representing a marginal increase of 2% compared to N327.42 billion recorded in H1’ [...]
DSS interrogates CBN deputy gov, Aishah Ahmad
The Deputy Governor of the Central Bank of Nigeria, CBN, in charge of Financial System Stability, Aishah Ahmad, has been apprehended by the Department [...]
Dangote’s 50kg cement costs between N4,000 to N4,600, while cement sells at an average price of N6,216 in Benin despite govt’s regulation
The allegation that went viral on the social media last week that Dangote Cement Plc was selling a bag of 50kg cement to Nigerians at an exploitative [...]
Dangote Cement remits N412.9bn tax to FG in 3 years
Dangote Cement Plc, a subsidiary of Dangote Industries Limited, (DIL), paid a total of N412.9 billion into the coffers of the Federal Government as ta [...]
GTCO Plc releases 2023 half year audited results …….. reports profit before tax of ₦327.4bn
Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ende [...]
Zenith bank appoints Dr Juliet Ehimuan as non-executive director
The Board of Directors of Zenith Bank Plc has appointed Dr. Juliet Ehimuan as a Non-Executive Director of the bank effective August 29, 2023. The appo [...]
Dangote Cement clarifies cement price misinformation
Management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories across Nigeria (as at 28th August 2023) is N4,010 [...]
Lagos NUJ honours Dangote as highest private employer in Nigeria
It was a night of accolades for Africa’s foremost business conglomerate, Dangote Industries Limited, (DIL), as journalists in Lagos State conferred an [...]
Fidelity Bank to help schools prepare for new school session with Edu Loan Product
As the summer break winds down, leading financial institution, Fidelity Bank Plc, has emphasised its devotion to help schools prepare adequately for t [...]
First Bank admits customer was defrauded of N68m
First Bank of Nigeria has admitted that N68 million belonging to Italy-based customer, Glory Omokaro was withdrawn from her account.
The bank admit [...]