… with impressive FY’22 financials Fidelity Bank Plc has released its audited financial statements (AFS) for the year ended December 31, 2022 which showed the bank’s impressive growth across key top-to-bottom line figures. The full year 2022 scorecard The bank’s financial results released to the investing public at the Nigeria Exchange Limited (NGX) show its […]
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Transnational Corporation Plc (Transcorp) has revealed that Tony Elumelu, the chairman of the company, has acquired fresh 9.7 billion shares in separate deals in recent days. The acquisition made him the biggest shareholder of the company, taking the prime spot from two previous owners. The conglomerate’s shares numbering 2.4 billion units exchanged hands in the […]
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One hundred and one female entrepreneurs have made it to the final stage of the Y’ellopreneur initiative and will each receive equipment loans of up to N2 million at a fixed interest rate of 2.5% and 36-months repayment duration from the MTN Foundation. The loans, which will be disbursed by the Bank of Industry, are […]
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GTCO Plc, a socially responsible and leading financial service company is set for the 2023 GTCO Food and Drinks Festival 2023. The festival which commences today, Saturday April 29 by 10 am till Monday May 1st 2023, at GTCentre, Plot 1 Water Corporation Drive, Oniru, Victoria Island, Lagos, is a celebration of culinary excellence and […]
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…… Declares total dividend of 50K per share Fidelity Bank Plc, a leading financial institution released its 2022 Audited Financial Statements on the Nigerian bourse on Thursday. The results in a release showed a 34.4% growth in Gross Earnings YoY to N337.1bn, driven by 45.2% growth in interest and similar income to N295.6bn. The increase […]
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The National Economic Council (NEC) on Thursday suspended the planned removal of subsidy on petroleum products by the end of President Muhammadu Buhari’s administration. It however said all preparatory plans with various segment of government, including States and the incoming administration should be intensified. Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, who […]
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The National Bureau of Statistics (NBS), has revealed that year-on-year basis, the average retail price per litre of kerosene rose by 102.37 per cent from N564.55 in March 2022. It explained that Nigerians paid an average of N1,142.46 per litre of Kerosene in March 2023, which is a 102.37 per cent rise from the N564.55 […]
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In order to drive the sustainability development goals, goal, 5, which is targeted at achieving geneder equality and empowering all women and girl-child across tye word, ND Western Limited, (NDW) through it’s women network hosted a full day of activity for women. The event which was held recently in Lagos, gathered women of Fierce Four […]
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The Board of Directors of Unilever Nigeria Plc has considered and approved the resignation of Mr. Carl Cruz as Managing Director with effect from May 4, 2023, and has appointed Mr. Tim Kleinebenne as the new Managing Director with effect from May 5, 2023. The announcement of the new appointment was made known in a […]
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.As end to coal remains elusive The current attention being shifted to gas in the face of the Ukraine and Russia war as well as the energy transition may fade sooner than expected if the agreement of the world’s seven richest countries (G-7) to prioritise renewable energy over gas is implemented. The countries – Canada, […]
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