Day: November 20, 2020

Q3 2020: UBA Grows Gross Earnings to N454.4 Billion, Delivers N90.4 billion PBT

United Bank for Africa (UBA) Plc, the Pan African financial institution, has announced commendable performance in its unaudited 2020 Third Quarter Financial Results, with impressive growth in Gross Earnings, which rose to N454.4 billion, up from N428.7billion recorded in September 2019. According to the report filed with the Nigerian Stock Exchange (NSE) on Friday (20…

How My Security Aide Killed Newspapers Vendor—Gbajabiamila

The speaker of the house of representative, Femi Gbajabiamila, has described the killing of an Abuja newspaper vendor at the Federal Secretariat in Abuja on Thursday by one of his security aides as a horrible incident. Gbajabiamila who said he is “personally distraught” over the killing of Mr Ifeanyichukwu Elechi, expressed his regret over the…

Sterling Bank Grows Trading Income By 265% In Q3 2020

Sterling Bank Plc, a full service national commercial bank, has reported a trading income of N7.1 billion for the third quarter ended September 30, 2020 compared with N1.9 billion for the corresponding period of 2019, representing an increase of 264.7 percent. The bank made the remarkable financial performance despite the prevailing uncertainties that characterised the…

Hymnodia: Team of Reality TV Show Concludes Season 2 Media Tour, Ensures Delightful Moments Ahead

The media tour for HYMNODIA season 2 has come to a conclusive end; this draws a curtain on the first Triple-E (Entertainment, Education and Edification) reality TV show on Hymns for the year 2020. The Hymnodia Media Team comprising of Ezinne Kufre-Ekanem, (Producer), John Senaya (Voice of Hymnodia), Benneth Ogbeiwi (Dean of the Hymstitute), Akpan…

Biggest Nigeria’s E-commerce Tech Comes to Your Neighbourhood November 26

Hicolumn, the biggest ground-breaking e-commerce Tech that gives merchants (big or small), especially small and medium enterprises (SMEs) the opportunity of leveraging the internet to serve or sell to their existing and prospective customers anywhere and anytime, without the customers physically visiting the shops opens in grand style on November 26, 2020. It promises enabling…

TAJBank Announces Multimillion Dollar Credit Facility from AFREXIM

TAJBank, Nigeria’s most innovative Non-Interest Bank, has announced a $5m credit facility from the African Export–Import Bank (AFREXIM) The memorandum of understanding (MoU) with the African Export–Import Bank (Afreximbank) was signed earlier in the month with the senior executives of TAJBank and the African Export–Import Bank in attendance. The credit facility will facilitate the partnership…

GTBank Releases Q3 2020 Unaudited Results, Reports Profit before Tax of ₦167.4 Billion

Guaranty Trust Bank plc has released its unaudited financial results for the period ended September 30, 2020, to the Nigerian and London Stock Exchanges. The 3rd Quarter result shows improved performance across key financial metrics, reaffirming the Bank’s capability to navigate the current economic challenges occasioned by the impact of COVID 19 on World economies.…