Category: Business

Heirs Oil & Gas Announces CEO and Board Appointments

Heirs Oil & Gas (HHOG), the leading African integrated energy company, has announced the appointment of Osayande Igiehon as Chief Executive Officer, effective May 4, 2021, together with a distinguished non-executive board, bringing together leading industry figures, with considerable global and regional experience. Heirs Holdings Limited’s (HH) portfolio company, HHOG, completed the acquisition of OML17…

10 Customers set to Become Millionaires in UBA Savings Promo

United Bank for Africa (UBA) Plc has announced that 10 of its loyal customers will get a chance to win N1,000,000 each, in the ongoing UBA Savings Promo which is scheduled to hold on to May 7, 2021 at the bank’s corporate head office, in Lagos. This unique promo intends to appreciate loyal customers of…

Transcorp Delivers across Portfolio, Significantly Increases Electricity Generating Capacity to 2000mw

Shareholders of Nigeria’s leading diversified conglomerate, Transnational Corporation of Nigeria Plc (“Transcorp”), showed their strong confidence in the Board and management, at the Group’s 15th Annual General Meeting (AGM), which took place this week at the Transcorp Hilton Abuja. The shareholders commended the company for declaring dividends, noting that despite the negative impact of the…

TradeFada Sets Up Platform to Provide Easy Steps for Bitcoin Beginners

TradeFada Nigeria Limited, one of the nation’s prominent players in the Crypto currency ECOSYSTEM has set up a platform that provides easy operational steps for cryptocurrency beginners. Chief Executive Officer of the Company, Mr. Seun Dania explained that first, beginners need to buy Bitcoin with fiat and this can be bought with naira or over…

2021 Q1: United Capital Reports 67% Growth In Profit After Tax

United Capital Plc (“United Capital” or “The Group”), Nigeria’s leading investment bank and a foremost Pan-African financial and investment services group, announced its Unaudited Financial Statements for the period ended March 31, 2021 on April 28th, 2021, showing a Revenue of N3.12Billion, and Profit Before Tax of N1.97 Billion while delivering an Earnings Per Share…

Transcorp Makes New Appointments to its Board – Announces New Subsidiary Chief Executive Officers

The Board of Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s largest listed conglomerate a leading investor in the Nigerian energy sector, through the ownership of Transcorp Power Ltd, Trans-Afam Power Ltd, Transcorp Energy and owners of the iconic Transcorp Hilton Abuja has announced the appointments of Mr. Victor Famuyibo and Mallam Ahmadu Hamman Sambo to…

Stanbic IBTC Records Improvement in Key Metrics in the First Quarter amid Yield Pressure

Stanbic IBTC, a member of Standard Bank Group, has announced its three months unaudited results for the period ended 31 March 2021. Commenting on the results, Dr. Demola Sogunle, Chief Executive Stanbic IBTC, said: “The domestic economy remains quite fragile. Negative real returns prevailed in the first quarter as headline inflation continued on the rise,…

Business Leaders Guide Youth on Turning Passion into Profit at Stanbic IBTC’s YLS

Stanbic IBTC Holdings PLC, Nigeria’s leading end-to-end financial services organisation, held the 2021 edition of its Youth Leadership Series (YLS) on Thursday, 08 April 2021. The event held virtually this year due to the pandemic. Youths from across Nigeria and various parts of the world including the UK, USA and UAE were in attendance. Dr…