Transcorp Group CEO, Owen Omogiafo Unveils New Strategic Vision for Nigeria’s Largest Listed Conglomerate at Company’s AGM
Shareholders of Transnational Corporation of Nigeria Plc (Transcorp) have congratulated the Board and management for the resilient performance achieved in 2019, despite the challenging environment. They welcomed the diversified earnings provided by the Group, Nigeria’s leading listed conglomerate, the largest…
Akwa Ibom Govt names Prof. Akpan, Leo Stan Ekeh, 18 others in post COVID-19 economic committee
With Nigeria and the rest of the world still coming to grips with the COVID-19 pandemic which has hobbled global economies, the Akwa Ibom State Government is already looking ahead to repositioning its economy for a post COVID-19 world. To…
Wema Bank Celebrates 75 years, Introduces Earn-From-Home Programme.
As part of the activities to celebrate its 75th anniversary, Wema Bank, the custodian of Africa’s first fully digital bank – ALAT – and one of Nigeria’s leading commercial banks has introduced an Earn-from-Home scheme. Celebrated as Nigeria’s most innovative…
Konga to launch first online auction in Africa this Friday
Foremost composite e-commerce giant, Konga has recorded another first in Africa’s e-commerce market, with the launch of a live online product auction. The initiative, another ground-breaking innovation from Konga, will debut this Friday, May 1, 2020 by 5pm on its…
Ibeju Lekki youths protest against FG’s lockdown, restrictions
…Set trucks, vehicles ablaze Even as the federal government vide latest presidential broadcast has shown strong indications, that lockdown may begin to relax from May 4. There were serious protests in Ibeju-Lekki axis of Lagos State on Monday as irate…
Nigeria and Oil: Looking beyond price collapse towards post recovery savings (Part 2)
By Austin Okere On April 20, 2020 the screaming headlines on CNN was that the price of WTI crude oil had fallen by 306% to $-37.63 per barrel, the first time on record that oil price has hit negative territory….
Heritage Bank joins WHO to advocate elimination of malaria endemic by 2030
Heritage Bank Plc has joined the world to commemorate the 2020 World Malaria Day, amid fears that paying much emphasis on the novel Coronavirus Pandemic could reinforce progress on the mosquito-borne disease, especially in Africa. The theme of the World…
COVID-19: e-Commerce needs more support from Govt
At a time when global players in the e-commerce sector have seen the peculiarities of their operations come to the fore in helping governments and people in other climes observe social distancing and stay in supply of essential items without…
Q1: UBA records 8.5% growth in profitability
UBA PLC recently released its audited Q1-20 unaudited numbers, which showed that the bank recorded an 8.5% y/y growth in profitability in the first quarter of the year. We like that the bank recorded decent growth in interest and non-interest…
Grant amnesty to looters, use recovered funds to revive economy, Okakpu tells FG
An aviation expert and agro-export enthusiast, Captain John T Okpakpu, has again has canvassed for amnesty to treasury looters by the Federal Government, as means to repatriate looted funds lodged in several banks overseas. The Managing Director/Chief Executive Officer of…
