Category: Business

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…

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…

Africa Prudential Registrars Plc Holds AGM (Pictures)

Leading share registration service provider in Nigeria, Africa Prudential Registrars Plc, held its Annual General Meeting, AGM, in Lagos on Tuesday, April 12, 2016, and from what Aproko247 gathered, it was highly successful. The company, which is a subsidiary of UBA Group, used the occasion to keep its shareholders abreast of the progress made in…

GTBank Empowers Female Entrepreneurs in Africa

gtbanl ***Reaffirms position as a leading SME global partner Foremost African financial institution, Guaranty Trust Bank plc, has partnered African-focused entrepreneurship accelerator, She Leads Africa (SLA) and the Work in Progress! Alliance (Oxfam and VC4Africa) to launch the She Leads Africa Accelerator, a 3-month program designed to identify, support and fund the next generation of…

Wings Boosts Global Position With Major UK Acquisition

  A major player in the travel industry, Wings Travel Management, has strengthened its position in the United Kingdom with the acquisition of Grosvenor Travel Management for an undisclosed sum. The two companies joined forces with effect from April 2016 and will continue to trade independently for the rest of the year, with a view…

UBA Holds AGM As Shareholders Applaud Performance

On Friday April 8, during the bank’s Annual General Meeting, AGM, which was held at the Eko Atlantic Hotel, Lagos, the shareholders of UBA applauded the UBA for its strong financial performance in 2015 despite the difficult operating environment globally. They also approved the board’s recommendation to pay a final dividend of 40 kobo per…