Archives for July, 2019 - Page 2
Union Bank Profit Before Tax Soars To N12.1bn
By Ngozi Onyeakusi -- Union Bank of Nigeria (UBN) Plc has posted a profit before tax of billion for the half year ended June 30, 2019. This represents…
Empowering Young African Entrepreneurs: African Presidents, Global Leaders Tackle Job Creation, Youth Empowerment at the 2019 Tony Elumelu Foundation Entrepreneurship Forum
L-r: Prime Minister of Uganda, (Dr.) Ruhakana Rugunda; President of Democratic Republic of Congo, Felix Tshisekedi; President of Senegal, Macky Sall; The Founder, The Tony Elumelu Foundation, Mr. Tony…
Access Bank Issues Tier II N30bn Local Bond
By Ngozi Onyeakusi--- To further strengthen its funding base, Access Bank has successfully issued a Tier II N30 billion Fixed Rate Subordinated Unsecured Bond. The bond was oversubscribedwhich…
NSE LAUNCHES INVESTORS RELATIONS DATA PACK TO ENHANCE ISSUERS’ STAKEHOLDERS ENGAGEMENT
By Ngozi Onyeakusi -- The Nigerian Stock Exchange (“NSE” or Exchange) is pleased to announce the launch of the NSE Investor Relations (IR) Data Pack, an innovative…
FG, States, LGs Share N762.5bn In June
Federal Government, States and Local Government Areas (LGAs) shared billion as federal allocation for the month of June. Mr Ahmed Idris, the Accountant-General of the Federation (AGF), said…
Those Patronizing Cryptocurrencies Risk Their Savings — NDIC
The Managing Director, Nigeria Deposit Insurance Corporation, Umaru Ibrahim, has warned against patronizing cryptocurrencies. Ibrahim, who sounded the warning said while various forms of digital currencies currently…
NAN Shuts MTN Office Over Killing Of Nigerians In S/Africa
The National Association of Nigerian Students (NANS) closed the Kaduna office of South African Telecommunication giant, MTN, over xenophobic attacks and killings of 118 Nigerians in the…
Sovereign Trust Insurance Posts N10.5bn Gross Premium ….Urges Shareholders To Take Up Right
L-R: Ugochi Odemelam, Executive Director, Sovereign Trust Insurance Plc, Yetunde Martins, Company Secretary, (Citipoint Chambers), Oluseun Ajayi, Chairman, Board of Directors, Sovereign Trust Insurance Plc and Olaotan Soyinka, MD/CEO,…
Customs Destroys Poisonous “Ponmo” In Seme Border
The Seme Command of the Nigeria Customs Service (NCS) on Wednesday burnt the intercepted poisonous animal skin popularly known as “Ponmo” (cow hides) imported into Nigeria. The Customs…
Customs, NAFDAC Destroys 58 Containers Of Tramadol, Other Illicit Drugs Worth N14.7b
The Comptroller-General of Customs (CGC), Retired Col. Hammed Ali, on Wednesday said the service destroyed various pharmaceutical products including tramadol with a Duty Paid Value of billion. Ali…