One of the biggest players in the nation’s aviation industry, Emirates Airlines, has announced an attractive flight offers to Dubai. The company explained that under the special offer, Economy Class from Abuja to Dubai costs $670 and $822 from Lagos. For the Business class ticket, departing from Abuja costs U$2,939 and $3,286 from Lagos, of…
Category: Business
Heritage Bank Pledges Continuous Support For BBNaija
Heritage Bank Plc, Nigeria’s most innovative banking service provider, has said it would continue to partner with MultiChoice Nigeria Limited, owners of the DSTV and GOTV brands to bring the Big Brother Nigeria reality TV show to viewers across Africa and beyond. Mr. Fela Ibidapo, Group Head, Corporate Communications of Heritage Bank disclosed this at…
Fidelity Bank Profits Soar by 94% as PBT Hits N20b In 2017FY
***Proposes 11 kobo Per Share Dividend Another set of strong financial results has been delivered by Fidelity Bank Plc, posting a 94% growth in profits for the year ended December 31, 2017 and is proposing to pay 11 kobo dividend to shareholders. Details of the full year audited results for the top Nigerian lender, released…
UBA Holds 2018 Chairman’s Forum, Seeks Strengthening of Corporate Governance Across Board
Pan- African financial Institution, United Bank for Africa Plc, last Thursday ended its annual Group Chairman’s Forum, a platform for group integration, re-strategising and knowledge sharing with the overall aim of putting the bank on firm standing to actualize its goals and targets for the financial year. The theme of this year’s forum was focused…
UBA Group Starts Strong in 2018, Grows Profits to N26.6b In Q1 2018
Pan African financial institution, United Bank for Africa Group (UBA) has released its unaudited first quarter results, showing significant growth across major income lines. Following a sterling performance in the 2017 financial year, UBA Group delivered another impressive 18% percent year-on-year growth in gross earnings in the first three months of 2018. Leveraging on strong…
Keystone Bank Partners CeLD To Launch ‘CashToken’ Customers
Fastest growing financial institution in Nigeria, Keystone Bank Limited, has partnered with a ‘Cash Reward as-a-Service Company’, CeLD Innovations Limited, to launch a ground-breaking product, ‘CashToken’, a new age of hyper consumer centricity in Nigeria. The initiative, according to CeLD, creates an avenue for every customer in Nigeria to have an opportunity for life-changing cash…
UBA Celebrates Africa, Honors Staff at 2018 CEO Awards
It was a fun night of glamour and electrifying excitement as Pan African financial services group, United Bank for Africa (UBA) Plc once again gathered together a stunning audience from Across Africa at the 2018 edition of the UBA CEO Awards. The event which was held at Eko Hotels and Suites in Lagos, Nigeria, was…
UBA Meets NSE’s Stringent Corporate Governance Conditions, Lists On NSE Premium Board
On Monday, the Nigerian Stock Exchange (NSE) migrated the ordinary shares of United Bank for Africa (UBA) Plc to its Premium Board, in what capital market analysts described as an attestation to the Bank’s strong adherence to international best practices on corporate governance. The Premium Board is the newly created platform for elite companies that…
Coronation Merchant Bank Records N5b Profit in 2017 as Earnings Grows by 66%
Nigeria’s leading merchant banking brand, Coronation Merchant Bank Limited, has posted a strong performance in 2017, according to its financial statements for the year ended December 31, 2017. Presenting the 2017 full year results to stakeholders at the Annual General Meeting held in Lagos, Group Managing Director/CEO of Coronation Merchant Bank Limited, Abu Jimoh said…
First Bank In Trouble Over Internet Fraud, Dragged To Court By Customer
One of the biggest banks in Nigeria, First Bank, has been taken to court by one of its customers, who is not happy with how his money domiciled with the bank was fraudulently used in London to carry out some transactions he never initiated. The customer, Abolade Bode, who lives in Nigeria, claimed money in…