Category: Business

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.…

Emirates Rated World’s Safest Airline On The Planet

Emirates which just resumed its daily flights to Lagos, has been rated the safest airline in the world in its response to the COVID-19 Pandemic according to the Safe Travel Barometer. The airline, which has set industry-leading safety standards since the resumption of its operations back in May, has topped the ranks with a ‘Safe…

Dangote Emerges Most Valuable Brand For 2020

For the third consecutive year, the pan-African and fully integrated Conglomerate, Dangote Group has again emerged as the Most Valuable Brand in Nigeria for the year 2020, the outcome of the 2020 edition of the Annual Brand Evaluation, “TOP 50 BRANDS NIGERIA” has revealed. Though, still themed Top 50 Brands; however 60 brands were evaluated…

UBA Deepens Retail Products, Services Through Digital Channels Across Africa

Pan African financial services institution, United Bank for Africa (UBA) Plc has deepened its retail products and services with an aim to delivering services aimed at meeting the needs of its customers across Africa. These services and product offerings, targeting at all classes of customers have been specifically tailored to meet the unique needs of…

P+ Measurement Services Hosts 2020 AMEC Measurement Month In Nigeria

Despite recent developments succeeding the global impact of COVID-19 pandemic, the International Association for the Measurement and Evaluation of Communication (AMEC), an international regulator for media measurement and evaluation is organizing its annual AMEC Measurement Month in November 2020. The event brings together over 160 members of the association in 86 different countries of the…

Heritage Bank Rewards Local Content Language For October 1st “National Pledge” Rendition

Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider has rewarded the winners of the rendition of the October 1st National Pledge in Pidgin English in celebration of Nigeria’s 60th Independence Anniversary. The four patriotic Nigerians, who emerged as the winners are Idowu Ilesanmi (Lagos); Christiana Chukwu (Lagos); Onovo Chukwuebuka (Edo) and Paul Eze (Abuja)…

First Bank Wins 2020 Best Mobile Bank App Award

First Bank of Nigeria Limited under the leadership of Dr. Adesola Adeduntan has announced that its mobile banking application, FirstMobile, has been adjudged the 2020 Best Mobile Banking App in this year’s Global Finance Best Digital Bank Awards. This feat is largely attributable to the bank’s relative strength and success of its web products and…

P+ Measurement Services Marks Five Years of Effective Operation with Unique Offerings

P+ Measurement Services, Nigeria’s foremost Independent Public Relations (PR) measurement and evaluation agency, marks its fifth-year of successful operation in Nigeria with qualitative offerings that surpasses clients’ expectation. The leading agency with expertise in Media Monitoring, PR Measurement and Audit, CEO Media Performance and Advisory, has offered services to over 45 brands and 15 Public…

Transcorp Acquires 1,000MW Afam Power Plant

Transcorp Consortium has announced the 100% acquisition of the 966MW installed capacity Afam Power Plc and Afam Three Fast Power Limited (jointly referred to as “Afam GenCo”), at an acquisition cost of N105.3bn. The announcement was made at the State House, Abuja on Thursday, November 5, 2020, during the signing ceremony between the Federal Government,…

GTBank Gives Update on Re-Organisation To Financial Holding Company

Guaranty Trust Bank Plc has announced that it has obtained the approval-in-principle of the Central Bank of Nigeria (the CBN) to commence the formal process of the re-organisation of the Bank to a financial holding company (the Restructuring). In a statement released and signed by the Company Secretary, the bank stated that the implementation will…