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Monthly Archives: April 2022

Nestlé Nigeria Announces Q1 2022 Financial Results

LAGOS – Nestlé Nigeria Plc has announced a revenue of N 110.2 billion profit after tax in its financial results for the first quarter, ending 31 March 2022.         According to the unaudited financial statements of the Company the profits were against N 87.3 billion during the same period in …

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Why Sanwo-Olu Drops Deputy, Babafemi Hamzat Ahead 2023 Election

LAGOS – Lagos State Governor, Babajide Sanwo-Olu may likely run for re-election in the 2023 gubernatorial poll with the incumbent Secretary to the State Government, Folashade Jaji as a mate. The incumbent deputy governor, Dr, Obafemi Kadiri may likely vie for a senatorial seat on the platform of the All …

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GTCO Plc Releases 2021 Full Year Audited Results, Reports Profit Before Tax Of ₦221.5billion

LAGOS – Guaranty Trust Holding Company Plc (“GTCO Plc” or “the Group”) has released its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2021, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE).          The Group’s balance sheet remained well structured and resilient with total …

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UBA Profit Hits N44.5 Billion, Records Impressive Growth

LAGOS – United Bank for Africa (UBA) Plc., the leading pan African financial institution, has recorded an impressive growth across its income lines as contained in its unaudited results for the first quarter ended March 31st, 2022.         The Bank’s result which was released to the Nigerian Stock Exchange on Tuesday …

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How Guinness Nigeria Rakes In N15.27bn Profit In 3 Months

LAGOS – Guinness Nigeria, a subsidiary of Diageo Plc, has posted a Profit After Tax of N15,278, 335,000 billion for its third quarter ended March 31, 2022. In a statement issued on Thursday, April 28, 2022, the company said the amount represented a 731 per cent growth over the same …

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Abiodun Deserves Second Term In Office – Fayemi

ABEOKUTA – The Governor of Ekiti State, Dr. Kayode Fayemi has declared that his Ogun State counterpart, Dapo Abiodun deserved to be elected for second term in office, saying that the governor has performed beyond imagination. Fayemi who made this known in Abeokuta during a visit to the Governor Abiodun …

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Gov Abiodun Never Admitted To Committing Any Crime Anywhere – Odusile

ABEOKUTA – The Ogun State Commissioner of Information and Strategy, Alhaji Waheed Odusile, has said that Governor Dapo Abiodun have never admitted to have committed any crime anywhere. According to a release e-signed and made available to StarTrend Int’l & online – www.startrendinternational.com by Alhaji Waheed Odusile, it stated that “Our attention …

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Refund Nigerians Who Paid For Prepaid Meters – FG Orders DisCos

ABUJA – The government agency -Federal Competition and Consumer Protection Commission (FCCPC), has said the Electricity Distributing Companies (DisCoS) should make refunds to electricity consumers who purchased meters. DisCoS have been overwhelmed by meter demand from non-metered consumers, hence, houses taking the bull by the horn to purchase the meters …

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Ogun Govt. GIZ-SEDIN Plan To Tackle Climate Change

ABEOKUTA – The Ogun State Commissioner for Agriculture, Dr. Adeola Odedina has said that there is a need for sustainable agriculture to meet the increasing demand for food for the growing population in Nigeria, through mitigation of climate change.          Odedina stated this at a-day workshop on Climate Change Effect On …

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Ogun Govt, International Body, Targets Girl-Child In ICT Development

ABEOKUTA – Ogun State Bureau of Information Technology (BIT), in partnership with International Telecommunication Union (ITU), an Agency under United Nations has commenced training for 80 girls selected from 40 public and private primary and secondary schools within Abeokuta, towards raising the standard of education in Information and  Communication Technology. …

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