Day: March 29, 2022

Reorganisation for Greater Efficiency: Abuja DisCo Appoints Adeoye Fadeyibi as MD/CEO

Abuja Electricity Distribution Plc (AEDC) has announced the appointment of Mr Adeoye Fadeyibi as its new Managing Director/Chief Executive Officer. Fadeyibi, a turn-around manager with over 20 years executive management experience, succeeds Engr. Akinwumi Bada, who served as the company’s Interim Managing Director since last year and is now leaving to pursue other personal business…

2023: My Focus Is on Building Strong Financial System, Says Emefiele

The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has reacted to rumours of his purported presidential bid in 2023, stating that he is focused on strengthening the country’s economy. In a series of tweets on his Twitter handle @GodwinIEmefiele on Monday, the CBN Governor said his commitment at this time is to…

Abuja-Kaduna Train Attack: Bombard Terrorist Enclaves, Senate Cries Out To Military

The Senate has called on the Army and Airforce to, as a matter of urgency, bombard terrorist enclaves with a view to restoring peace and stability in the country. The call was made on Tuesday amid resolutions reached, following a point of order raised on “the continuing attacks on Communities and public facilities in Kaduna…

Fidelity Bank presents N10million to Winners of GAIM 5 4th Monthly Draw

Ten customers of Fidelity Bank Plc have smiled home with N1million each having emerged winners in the fourth monthly draw of the Fidelity Bank Get Alerts in Millions season 5 promo (GAIM 5). Speaking at the prize presentation event in Lagos, the Promo Chairperson and Executive Director, Lagos and South-West, Fidelity Bank Plc, Dr. Ken…

Full Year 2021: Transcorp Group Delivers Outstanding Performance As PBT Hits N27.9bn

Transnational Corporation of Nigeria (Transcorp) Plc, Nigeria’s largest, leading listed conglomerate with investments in Hospitality, Power, and Oil and Gas sectors, has reported significant performance, across all its major investment lines, for the financial year ended December 31, 2021. Notwithstanding the tough operating and business environment, the conglomerate saw its revenue leap appreciably by 48%…