The Nigerian- British Chamber of Commerce (NBCC) has pledged to remain a key driver of initiatives aimed at fostering and increasing bilateral trade and investment between Nigeria and the United Kingdom. President and Chairman of Council, Prince Dapo Adelegan, gave the assurance in Lagos last Friday while delivering a welcome address at the special lecture…
A Lagos socialite, Fumilola Arike Ogbuaya, also known as Arike Fumilola Ogundipe, is allegedly on the run due to a manhunt launched by the National Drug Law Enforcement Agency, NDLEA, over allegations bordering on cocaine trafficking. It was alleged that the woman was involved in smuggling 1.595kg of cocaine from Murtala Muhammed International Airport to…
Nigerian Breweries Plc, the foremost brewer in the country, has explained that the N314 billion revenue it recorded in the 2016 financial year is as a result of its twin agenda of Cost Leadership and Market Leadership supported by Innovation. Managing Director of the Company, Mr. Nicolaas Vervelde explained to journalists at a media briefing…
Transnational Corporation of Nigeria Plc (Transcorp), a leading Nigerian conglomerate, has announced financial results for its first quarter ended March 31, 2017. In the result, the Group’s total revenue increased from N13.2 billion to N15.8 billion, representing a 20% increase when compared to the Group’s performance in the corresponding period of 2016. Also, the gross…
Guaranty Trust Bank Plc has released its unaudited financial results for the quarter ended March 31, 2017 to the Nigerian and London Stock Exchanges. A review of the results shows positive performance across all financial indices, reaffirming the Bank’s position as one of the most profitable and well managed financial institutions in Nigeria. Gross earnings…