Zenith Bank posts N180bn profit before tax in 9 months
Written by Kunle Awosika
02 November, 2021
Zenith Bank Plc has posted a profit before tax (PBT) of N180 billion, for the nine months ended Sept. 30, amid headwinds.
PIA: Petroleum Products will be determined by Market Forces- Oyebanji
Written by Kunle Awosika
02 November, 2021
The Managing Director of 11PLC (former Mobil Oil), Mr. Tunji Oyebanji, chaired a panel session at the 15th Oil Trading & Logistics Africa Downstream Week conference. The theme of discussion was ‘The Nigerian Fuel Congress’ and issues concerning the downstream sector with regards to petroleum products.
Applause as Lagos gov, Babajide Sanwo-Olu, unveils Ecobank Pan African Centre
Written by Kunle Awosika
30 October, 2021
Lagos State governor, Babajide Sanwo-Olu has said the new ultra-modern Ecobank Nigeria head office, the Ecobank Pan African Centre (EPAC) has a strong connection that will enhance the state’s Smart City Project and modernize infrastructure within the metropolis.
Unity Bank Posts N36.18 Billion Gross Earnings in Nine Months; Records 23% Growth in Profit
Written by Kunle Awosika
29 October, 2021
Nigerian lender, Unity Bank Plc has declared gross earnings of N36.18Billion for the nine-month period ended September 30, 2021, and a 23% growth of PAT totalling N1.94Billion for the same period.
U.K. Eke Retires From FBN Holdings Amidst Encomiums
Written by Kunle Awosika
28 October, 2021
The board of FBN Holdings Plc (FBNHoldings) has appointed the immediate past managing director of Fidelity Bank Plc, Mr. Nnamdi Okonkwo as its group managing director following the retirement of Mr. U.K. Eke, who has completed his two-term tenure.
United Capital Reports 72 Percent Increase in Profit After Tax in 9 Months
Written by Kunle Awosika
18 October, 2021
United Capital has officially rebounded from COVID-19 negative impact following a strong financial statement report released on Friday, October 15, 2021.
Interswitch Unveils Whitepaper on Blockchain Technology Plans To Drive Growth of African Businesses
Written by Kunle Awosika
18 October, 2021
Africa’s leading integrated digital payment and e-commerce company, Interswitch Group, has unveiled its whitepaper on blockchain technology titled “Blockchain Technology: The Future of Africa’s Digital Economy” to help drive the growth of African businesses.
E-commerce Startup Sendbox Raises $1.8M to Digitise Deliveries for African SMEs
Written by Kunle Awosika
18 October, 2021
Sendbox, the Nigeria-based e-commerce fulfilment platform for merchants in Africa, has announced the completion of a $1.8 million seed round from investors, including 4DX Ventures, Enza Capital, FJLabs and Golden Palm Investments.
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