Minister of Finance, Kemi Adeosun, will lead other top stakeholders to deliver a lecture on ‘Developing a National Revenue Sustainability Framework’ at the E-Revenue Sustainability Conference 2016, an annual forum organized by Intermarc Consulting Limited. According to the organizers, the conference billed to hold from May 10 – 11 at the Shehu Musa Yar’Ádua Centre,…
Category: Business
UBA Inaugurates Group Board Forum
Following a 3-day Forum which was held in Lagos, Nigeria between April 6 and 8, 2016, United Bank for Africa, UBA, Plc Chairman Tony Elumelu formally inaugurated a Group Board Meeting as a platform for group integration, bonding and knowledge sharing. Ninety per cent participants comprising of the entire Board of UBA, Chairmen and CEOs…
GTBank Rakes N30.68bn Profit In 2016 Q1
Guaranty Trust Bank plc has released its unaudited financial results for the first quarter ended March 31, 2016 to the Nigerian and London Stock Exchanges. A review of the 1Q 2016 result shows that the Bank continued to consolidate on its position as one of the most profitable and well managed financial institutions in Nigeria,…
The Companion Holds Business Seminar on Export Opportunities
The Companion, an association of Muslim men in business and the professions, is billed to hold this year’s edition of its annual business seminar on Saturday, April 23, 2016, at the University of Lagos Conference Centre. With ‘Sustainable Export Trade for Small and Medium Scale Enterprises: Opportunities and Challenges’ as its theme, the seminar will…
Efficiency Gains Drive UBA’s First Quarter Profits To N18bn
Pan Africa financial services group, United Bank for Africa Plc has announced its unaudited results for the first quarter of 2016 showing gross earnings of N74 billion and profit before tax of N18 billion for the three months ended March 2016. The Group sustained its strong profitability, recording an annualized 20% return on average equity…
PHOTO NEWS: NSE Management Visits Unity Bank
The Management of Nigerian Stock Exchange, NSE, recently made a courtesy call to one of the leading financial institutions in Nigeria, Unity Bank. During the visit, the management of NSE met with management of Unity Bank at its new head office in Lagos. MD/CEO of Unity Bank, Mrs Tomi Somefun, was on ground to receive…
DStv Now Gets Over 20 New Channels
The online service that brings all the shows to be watched anytime, DStv Now, has been made bigger and better with the addition of over 20 new channels. This brings the total number of live channels to over 40, the company disclosed. DStv Now delivers access to live channels with sport, movies, series, and also…
UBA Rewards Staff At Annual CEO Awards
It was an exciting evening on Saturday, April 9, 2016 as staff of pan-African financial services group, United Bank for Africa (UBA) Plc gathered at the Eko Hotel and Suites in Lagos, Nigeria, to celebrate the bank’s staff that have performed exceptionally well in the 2015 financial year. It is a tradition that the bank…
Sterling Bank Wins Big At Risk Mgt Awards
***Holds 54th AGM In recognition of its excellent risk management practices, Sterling Bank was conferred with the award for the Best Bank in Nigeria in the Banking and Investment Services category of the Nigeria Risk Awards, NRA, for 2015. The Award was presented to the Bank last weekend at Nigerian Economic and Social Risks Summit…
Firm Sues FIRS Over Tax
The Federal Inland Revenue Service, FIRS, has been dragged before the Tax Appeal Tribunal by a Swiss-based oil company, Trafigura Beheer B.V. The firm wants the Tribunal to declare that a company not registered in Nigeria cannot file tax returns to FIRS. Trafigura, an oil company, was engaged in oil business transactions with Pipelines and…