Its African subsidiaries wax stronger, contributing 35% of earnings Lagos, Nigeria – April 28 , 2017: The Pan African financial institution, United Bank for Africa (UBA) has released its unaudited first quarter results, showing significant growth across major income lines. Following a sterling performance in 2016 financial year, UBA Group …

                                                                                         FBN Holdings Plc. (“FBNH” or “FBNHoldings” or the “Group”) today announces its audited results for the full year ended 31 December 2016. Income Statement[1]                                                       Gross earnings of N8billion, up 15.7% year-on-year (y-o-y) (Dec 2015: N502.7 billion) Net-interest income of N4 billion, up 14.8% y-o-y (Dec 2015: N265.2 billion) …

The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Ojaja II The Ooni of Ife, Oba Adeyeye Ogunwusi, has declared that he will not disrespect the Oba of Lagos, Oba Rilwan Akiolu, despite the snubbing he received from the Lagos monarch at a public function on Tuesday. But Ogunwusi, who insisted …

First Bank of Nigeria Limited, through one of its Sustainability initiatives, the FirstBank Sustainability Centre in partnership with the Lagos Business School is hosting the 2017 SME Conference to drive creativity, innovation and productivity among local manufacturers in Nigeria. Small and Medium Scale Enterprises are pivotal to the development of …

  In a major strategic move to grow its market equity in Africa, Dangote Flour has unveiled new improved pasta products called ‘Ecccellente’. The re-vamped Pasta, is expected to reduce the dependency on rice consumption by Nigerians. Speaking at the Grand Customer Launch Event in Kano on Tuesday, Executive Director, …

The Economic and Financial Crimes Commission, EFCC, Tuesday arraigned Dr. Fortunate Fiberesima, a former Chief Executive Officer, State House Medical Centre, Abuja before Justice Peter. O. Affen of the Federal Capital Territory High Court sitting in Maitama, Abuja on a 6-count charge of money Laundering. Fiberesima, was alleged to have …

  Stanbic IBTC Insurance Brokers Limited, member of Stanbic IBTC Holdings PLC, has announced its plans to deploy trust-building measures that would plug major gaps in the insurance value chain in Nigeria. With the ultimate aim of enhancing insurance penetration in the country, the company said given the low level …

  Nagee and Josh stone to headline the Jazz runway show … as Donald Duke introduces daughter Xerona unto the scene The countdown has begun to the most anticipated and insightful learning experience at the Runway Jazz 2017 Music and Business Masterclass, taking place on April 29, 2017 in the Grand Ballroom …

Diamond Bank Plc on Monday released her 2016 Business Year (BY) performance scorecard on the floor of the Nigerian Stock Exchange (NSE), showcasing stable growth in key financial parameters. In the audited 2016 Financial Results as approved by the Central Bank of Nigeria (CBN) and made available to financial and …

First Bank of Nigeria Limited under the auspices of its First@arts initiative has thrown its weight behind the Nigeria Entertainment Conference 2017, as part of its support for the Creative Arts industry as well as home-grown human capacity development across several arts platforms. The event themed ‘It’s Time for Africa’ …