Dangote Sugar posts N11.95bn profit in Q1
Written by Kunle Awosika
10 May, 2021
Dangote Sugar Refinery Plc has reported a profit before tax of N11.95 billion for the first quarter ended March 31, 2021.
Ecobank partners NiDCOM to mobilise Nigerians abroad for National Dev
Written by Kunle Awosika
10 May, 2021
The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has stated that the bank is privileged to work closely with the Nigerians in Diaspora Commission, (NiDCOM) and will continue to pursue one of its key mandates of helping to enhance the economic development and integration of Africa through its support to Nigerians living and working abroad.
Fitch affirms FBN Holdings, FirstBank’s ratings
Written by Kunle Awosika
10 May, 2021
Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of FBN Holdings Plc (FBNH) and its subsidiary, First Bank of Nigeria Ltd (FIrstBank), at ‘B-’ with a Negative Outlook.
Listing on LCFE: Heritage Bank-Dukia Gold set to unlock N344trillion market worth of gold
Written by Kunle Awosika
09 May, 2021
Heritage Bank for being part of valuable private sector collaboration with Dukia Gold & Precious Metals Refining Co. Limited is set to unlock the over N344trillion market worth of gold investible instruments in the solid minerals sector with the concluded plans of being listed on the Lagos Commodities and Futures Exchange (LCFE).
Millionaires Emerge in UBA Savings Promo as 10 Customers win N1m Each
Written by Kunle Awosika
08 May, 2021
Pan African financial institution, United Bank for Africa (UBA) Plc, has rewarded 10 of its loyal customers with a total sum of N10m in the quarterly draws of the ongoing UBA Savings Promo.
Zenith Bank, Access Bank, Others Express Interest in Acquiring Union Bank
Written by Kunle Awosika
08 May, 2021
Zenith Bank and Access Bank are some of the financial institutions in talks to acquire Atlas Mara Ltd.’s 49.97 percent stake in Union Bank Plc.
Union Bank CEO, Godson Chukwuemeka Okonkwo Acquires 2.4 Million Shares in the Bank Ahead of Acquisition
Written by Kunle Awosika
08 May, 2021
The Chief Executive Officer, Union Bank Plc, Godson Chukwuemeka Okonkwo, has purchased 2,431,917 ordinary shares of the bank, according to the latest disclosure filing from the lender.
Heritage Bank partners Road Transport Workers on Insurance Scheme for travelers
Written by Kunle Awosika
07 May, 2021
Heritage Bank in partnership with the Road Transport Employee's Association of Nigeria (RTEAN) has launched the Travelers' Accident Insurance Scheme (TAIS) to assist road accident victims across the country.
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