BUSINESS

Access Bank Transits To Holdco Structure, Promotes 800 Employees

LAGOS – Access Bank Plc has announced the promotion of 800 employees following a transparent and robust performance management review in line with global best practices. According to a release e-signed and made available to StarTrend Int’l & online – www.startrendinternational.com by Abdul Imoyo {I}, Team Lead, Media Relations, Access …

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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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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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Fidelity Bank To Boost Schools’ Profitability With Value-Adding Products

LAGOS – Fidelity Bank Plc, a leading financial institution, has introduced a bouquet of products designed to help schools run profitably and seamlessly. According to a release e-signed and made available to StarTrend Int’l & online – www.startrendinternational.com by Adetayo​ Shofodunrin, Team Member, Brand & Communications Division, Fidelity Bank Plc., specifically targeted at privately-run primary, secondary and tertiary educational institutions …

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SPE, NCDMB Hail Dangote Petroleum Refinery’s World-Class Technology Application

LAGOS – The Society of Petroleum Engineers (SPE) and the Nigerian Content Development and Monitoring Board (NCDMB) have applauded Dangote Petroleum Refinery for its application of world-class technology in the construction of the 650,000 barrels per day refinery project. The two associations, whose leaders were on a tour of the …

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Dangote Sponsors Ogun, Enugu Trade Fairs, Hits Fairs With Pocket Friendly Products

Dangote Sponsors Ogun, Enugu Trade Fairs, Hits Fairs With Pocket Friendly Products LAGOS – As part of efforts to rev up commerce, industry and economic activities in Nigeria, Dangote Industries Limited is sponsoring the ongoing international trade fairs in Abeokuta and Enugu, the capitals of Ogun and Enugu States, respectively. …

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President Buhari Commissions Dangote’s $2.5bn Fertiliser Plant, Says Nation Set To Witness Agric Boom

LAGOS – President Muhammadu Buhari on Tuesday, March 22, 2022, commissioned the new 3 million Metric Tonnes capacity per annum state-of-the-art Dangote Fertiliser Urea Plant, with an emphatic assurance that the project would give a huge fillip to Nigeria’s agricultural sector, which revitalisation has been a focal point of his …

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SPARK Of Kindness That Is Impacting Communities Through Firstbank Staff Initiatives

Opinion: BY ANIEKAN EZEKIEL Have you seen the videos on this link: https://www.firstbanknigeria.com/home/impact/crs-week/? Piece of advice: Please hold your handkerchief or make sure there is a good supply of tissue paper while you view. The initiative that inspired the efforts and results seen in the videos is not a strange one, …

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