Mauris Lorem Donec risus consectetuer quis justo In iaculis wisi vitae. Congue nec a interdum.Electronic fund transactions hit N80b daily, says CBN
The total value of electronic funds transfer in Nigeria has risen to N80 billion per day, the Central Bank of Nigeria (CBN) has said. This, according to the apex bank…
DPR Dismisses Reports of Substandard Gas
The Directorate of Petroleum Resources (DPR) has dismissed report of existence of killer gas in the market just as the stakeholders in the gas industrial sub sector have expressed the…
UBA Posts Impressive FY 2012 Results, Profits Soar by 905%
United Bank for Africa (UBA) Plc today announced its audited financial results for the full year 2012 growing its profit figures by over 905% to close at N54.8billion from the…
Dangote Cement Q1’s earnings rise by 79.5%
Dangote Cement Plc has released its first quarter results for 2013 indicating a 79.5 per cent rise in its earnings per share over the corresponding period last year. The company’s…
Dangote cement’s new capacity increase sales to 10.4m tonnes in 2012
The Dangote cement’s massive investment in new capacity has paid off as it recorded upsurge in sales of its locally produced cement to the tune of 10.4 million tonnes in…
Enterprise Bank Declares Impressive Profit N11.3bn
Enterprise Bank Limited rose from its first Annual General Meeting (AGM) during the week and announced an impressive performance with a profit-before-tax of N11.3billion. Enterprise Bank is one of the…
UBA, Other Banks Syndicate $3billion Medium Term Facilities for MTN.
United Bank for Africa (UBA Plc), One of Africa’s leading financial institutions, along with a consortium of local and international banks, Tuesday signed a $3 billion (N470b) loan agreement with…
Dangote upbeats on Nigeria Economic potential
The present challenges facing the country notwithstanding, the President of Dangote Group, Aliko Dangote has reassured of more investments in the country just as he stressed his unwavering faith in…
Dangote Cement Backbone of Nigerian Stock Exchange
Dangote Cement is the most capitalized stock on the Nigerian Stock Exchange (NSE) and contributes 25 per cent (+-1% based on a normal curve) of the total market capitalization of…
Dangote Foundation boosts UNICEF fight against measles with $500,000
The Dangote Foundation has contributed US Dollars 500,000 (N79.15 million) through the United Nations Children’s Fund (UNICEF) to support the government’s response to the recent measles outbreak that affected many…