Nigeria’s retail lender, Unity Bank Plc has declared half-year result posting gross earnings of 23.6 billion Naira, which is a 3% increase compared with the corresponding period of 2020. A review of the unaudited half year result (H1’2021) released to the Nigerian Stock Exchange, the Agric-focused lender showed notable improvement across key financial matrices.…
Transnational Corporation of Nigeria Plc (Transcorp) has released its unaudited results for the half-year ended June 2021, recording significant improvement across its major income lines. The Conglomerate with strategic investments in the Power, Hospitality, and Energy sectors, recorded a profit after tax of N6.5bn, rising by 713% up from N0.8bn recorded in June of the…
MD/CEO of Heritage Bank Plc, Ifie Sekibo has said that market formation framework is the key to optimally exploit Nigeria’s precious metal and solid minerals endowments. He disclosed this during a webinar organised by the Securities and Exchange Commission (SEC) in collaboration with the Federal Ministry of Mines and Steel Development with the theme, “Financing…
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, recently hosted a webinar where it reiterated its zeal and commitment to assisting the Small and Medium Enterprises (SMEs) ecosystem in Nigeria. The webinar themed “Scaling Your Business in Challenging Economic Times”, was well attended by enthusiastic entrepreneurs looking to overcome the economic challenges…
Aiming to strengthen its long-term competitiveness and growth prospects, Guaranty Trust Bank plc has completed its re-organisation to a Holding Company Structure. Under the terms of the re-organisation, a new operating company has been established and amendments made to the articles of incorporation for a corporate name change. The corporate name of Guaranty Trust Holding…
The Nigerian Exchange (NGX) Limited, on Tuesday, July 13, marked the listing of Guaranty Trust Holding Company Plc’s (“GTCO Plc”) shares with a Closing Gong Ceremony on the main floor of the exchange. This follows the completion of all regulatory requirements for the corporate reorganization of the leading financial institution into a holding company structure…
Transcorp Hotels Plc., the leading hospitality Company which owns the award-winning Transcorp Hilton Abuja and Transcorp Hotels Calabar, on 8th July officially launched Aura by Transcorp Hotels at The Transcorp Hilton Abuja. Aura by Transcorp Hotels, a digital platform that connects people to unique accommodation, great food, and experiences is Transcorp Hotels’ new business expansion,…
Being resilient, having multiple streams of income, and building emergency funds, have been identified as key attributes of an individual on their way to financial security. This formed part of the submissions made by Tosin Olaseinde, Founder/CEO of Money Africa, at a special Grow With V webinar, themed, ‘What Does Your Half-Year Finance Report Say?,’…
At the just concluded meeting of the Nigerian Council of Registered Brokers (NCRIB), which was held on Tuesday, July 6, President of the Nigerian Council of Registered Insurance Brokers, Dr. Mrs. Bola Onigbogi endorsed Heirs Insurance Limited (HIL) and Heirs Life Assurance Limited (HLA) describing both companies as progressive with their array of product offerings…
Transcorp Hotels Plc., as part of its commitment to continue to redefine hospitality, will on 8th July 2021, host #TheAuraExperience at Transcorp Hilton Abuja, one of its choice properties in Nigeria. The leading hospitality Company which softly launched Aura by Transcorp Hotels earlier in the year is using the experiential event in Abuja to officially…