Business News
Transcorp hopeful of sustained profitability
Transcorp Plc has said the firm is well-positioned for sustainable growth and profitability as key investments begin to reflect in its operations. The post Transcorp hopeful of sustained profitability appeared
Polaris empowers 188 Nigerians, gives out N26 million
Six Nigerians, have emerged millionaires in the Polaris Bank ‘Save and Win’ grand finale promo draws. The winners are Williams Atinuke, a customer at Ikorodu Local Govt branch; Bello Amthe,
Improved Q1 earnings lift stock market indices
Improved corporate earnings by tier-one banks in the first quarter of 2021 stimulated activities on the Nigerian Exchange Limited (NGX), last week, with the all-share index (ASI) and market capitalisation
NAICOM, FCT partner on compulsory insurance
The National Insurance Commission (NAICOM) has partnered with the Federal Capital Territory (FCT) to seek support on enforcement of compulsory insurance. The post NAICOM, FCT partner on compulsory insurance appeared
Wema Bank celebrates 76 years of customer satisfaction
Wema Bank is commemorating its 76th anniversary, starting from yesterday. The longest surviving indigenous Nigerian bank started operations in 1945 as Agbonmagbe Bank Limited. It became Wema Bank in 1969
Investment bank lists N5 billion bond on FMDQ
CardinalStone Partners Limited has announced the listing of the CardinalStone Financing SPV Plc N5 billion series one bond on FMDQ Securities Exchange Limited. The post Investment bank lists N5 billion
Firm introduces new campaign to expand insurance coverage
NSIA Insurance has initiated a new nationwide campaign tagged ‘NSIA Value Campaign’ that would expand the reach of the industry. According to the firm, the new campaign will offer the
Unity Bank posts 43% profit in Q1
Unity Bank Plc, Nigeria’s foremost agriculture lender, has sustained the growth momentum demonstrated in its 2020 full year earnings as it recorded an impressive performance of 43 per cent in
Renewable energy: How MSMEs in Jabi Lake Mall are saving 30% of energy bills
Many businesses, especially small ones, are not able to break even due to the rising cost of electricity. To overcome the negative impact of generating power outside the national grid,
MTN collects 35m NINs as service revenue rises by N385.2b in Q1
Telecommunications firm, MTN, said as at April 30, over 35 million of its subscribers had submitted their National Identity Number (NIN), which had subsequently been passed to the National Identity
