Shareholders Unanimously Approve Holding Company Structure For Sterling
Written by Kunle Awosika
21 September, 2022
Shareholders of Sterling Bank Plc unanimously voted in favor of the creation of a new non-operating holding company (HoldCo) to hold the shares in its commercial banking operation as well as the shares of a newly incorporated subsidiary, The Alternative Bank Limited, which will operate as a Non-Interest Banking (NIB) business.
African Youth Entrepreneurship Agreement Signed Between the Tony Elumelu Foundation and UNCDF
Written by Kunle Awosika
20 September, 2022
The Tony Elumelu Foundation and the UN Capital Development Fund (UNCDF) today signed an agreement to support youth entrepreneurship in Africa, with a specific focus on historically underinvested areas within African frontier markets.
Dangote Sugar commits billions to CSR schemes in Adamawa, Nasarawa
Written by Kunle Awosika
19 September, 2022
The Dangote Sugar Refinery Plc (DSR) has scaled up its social intervention programmed around host communities in Adamawa and Nasarawa States where its Backward Integration projects are located.
UBA Records Strong Double Digit Growth In Top and Bottom Lines, Declares N0.20k Interim Dividend
Written by Kunle Awosika
08 September, 2022
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited financial results for the half year ended June 30, 2022, recording double-digit growth across key income lines as well as significant progress in the contribution from its subsidiaries.
Dangote to save forex, through 40% sugar import substitution
Written by Kunle Awosika
29 August, 2022
The management of Dangote Sugar Refinery Plc has resolved to significantly reduce the importation of sugar into the country by 40 percent, thus paving the way for the employment of over 30,000 youths.
ZENITH BANK POWERS ON WITH DOUBLE-DIGIT TOPLINE GROWTH IN H1 2022
Written by Kunle Awosika
24 August, 2022
In a clear demonstration of its industry leadership and consistency in providing superior financial returns, Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2022, recording an astounding double-digit growth of 17% in gross earnings from N346 billion reported in H1 2021 to N405 billion in H1 2022. This is in spite of a very challenging macroeconomic environment.
LIRS Chairman, Ayo Subair In Trouble As Staff Opens Messy Can of Worms
Written by Kunle Awosika
15 August, 2022
The Executive Chairman of the Lagos State Internal Revenue Service,Mr. Ayodele Subair is currently on hot seat as staff members are disenchated and dissilussioned due to the actions and inactions of the management of the agency who toil to make sure that that taxpayers do the needful in order for LIRS to meet its target and various obligations as at when due.
Debonair Oliver Alawuba ups the ante at UBA
Written by Kunle Awosika
11 August, 2022
In the very competitive banking and financial sector generally, the success and fortunes of any bank depends on the agility, drive, innovativeness and upward mobility of the person at the helm of affairs, and this to a large extent depends on the kind of managerial skills, astuteness, smartness, business acumen and above all, the proficiency of the person deploys and brings to play in his organization.
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