Guaranty Trust Bank plc has released its unaudited Financial Results for the quarter ended March 31, 2019 to the Nigerian and London Stock Exchanges. The Bank recorded positive performance across all financial metrics with gross earnings for the period growing by 1.2% to ₦110.3billion from ₦109.0billion posted in March 2018. Profit before tax improved to…
In a competition among multiple Media Agencies in Nigeria at the Young Lions Media competition held recently, Rita Oladimeji and Tobi Babalola from mediaReach OMD grabbed the title of Young Lions Media – Nigeria. With this win, mediaReach OMD will represent Nigeria at Cannes in June 2019 for the Cannes Young Lions Media – Global…
It was rain of accolades for the outgoing General Manager and Chief Compliance Officer of Heritage Bank Plc, Mr. Adewumi Adeniyi, yesterday as management colleagues praised him for his exceptional contribution to the growth of the sector after an unbroken stint of 37 years of working in the banking industry. Speaking at the send forth…
Independent PR performance audit agency, P+ Measurement services, has revamped its Independent PR audit reporting services in Nigeria. The new reporting template will help P+ broaden and maximize its offerings by providing inference driven PR measurement and Performance audit services for stakeholders in the communications industry. The audit report upgrade aims to create an easy…
TGI Distri Limited has launched and announced the availability of Terra Seasoning Cubes in all markets across Nigeria. Terra Cubes is produced by West African Cubes (WACUB) Limited at its ultra-modern plant in Sagamu, Ogun State. Mr. Sunil Sawhney, TGI Group Executive Director (Foods and Dist.) and the Managing Director of TGI Distri, stated that:…
In furtherance of its plans to scale its operation this year, NOVA Merchant Bank Limited, in yet another milestone, has received an investment grade rating from both Agusto & Co (Bbb) and Global Credit Ratings (BBB-). The reasons given for the Bank’s rating include the strength of the Board and management team, robust capitalisation, prudent…
Indications have emerged that Heritage Bank Plc yesterday on an order of Federal High Court Ikoyi Division seized the property of Smooth Promotions Limited, owner of Hip TV, owned by Ayo Animashaun, situated at No. 4 Ogundana Street, Off Allen Avenue, Ikeja; Lagos following inability to pay back the bank loan worth Hundreds of Millions.…
Parents of children with physical disabilities in Ogun State that have benefitted from the We Too Can Grow scheme of Promasidor Nigeria Limited have declared that the intervention was timely as it came right at the point when they needed assistance. The scheme provides support through low-interest microcredit and is made very convenient for parents…
At a time when Europe’s relationship with Africa is high on foreign policy and developmental agendas and with the European Union beginning to deliver on its 2017 External Investment Plan, targeted at attracting investment and job creation in Africa, the Tony Elumelu Foundation brought together leading stakeholders in the development finance sector, at a case…
Last week, the University of Lagos (UNILAG) held its 50th convocation ceremony and without doubt, was a glamorous and memorable event with the high and mighty in attendance. One of the high points of the event was on Thursday, April 4, 2019, when the General Overseer and founder of Mountain of Fire and Miracles Ministries…