Zenith General Insurance Limited has released its full-year financial statements for the year ended 31 December 2019. A review of the results showed positive improvements on a year-on-year basis with profit before tax rising by 16% from N3.16bn to N3.67bn while profit after tax rose by 10% up from N2.79bn ...
Read More »Monthly Archives: May 2020
How NIMCO, 54 other dredging Companies has been Short-Changing Lagos government
An interim report heard on the floor of the Lagos State House of Assembly on Monday detailed how dredging companies in the state have consistently defrauded the government to the tune of several hundreds of millions. The report was read on the floor by Hon. Victor Akande, chairman of a ...
Read More »Heritage Bank to disburse CBN’s N100bn loan to health, sells FX to SMEs, education sectors
As part of proactive measures to cushion the effect of the COVID-19 and revamp the nation’s dwindling economy, Heritage Bank is set to disburse the N100billion set aside by the Central Bank of Nigeria (CBN). This is in line with the apex bank’s policy to introduce another intervention scheme directed ...
Read More »Qhemmy opens ‘Doors of Mercy’ against COVID-19
QHEMMY, one of Nigeria’s most versatile gospel artistes who has made music with big names in both the secular and gospel industry, has released a new hit single titled “Doors of Mercy” – a four-minute prayer song that is already trending on social media. According to Qhemmy (full name Oluwakemi ...
Read More »“Ugbo Throne is the first and oldest throne in Yoruba Land”- Oba Frederick Akinruntan, Olugbo of UgboLand
Oba Dr. Fredrick Obateru Akinruntan is the traditional ruler of Ugbo Kingdom, an ancient riverine town in Ilaje Local Government, Ondo State, South-West Nigeria. Rated by financial magazine, Forbes, as the richest monarch in Nigeria and second richest on the African soil. With a net-worth and conglomerate spanning into billions ...
Read More »Seyi Tinubu’s Noella Foundation & Partners feeds thousands of Fasting Muslims
Ramadan fasting month was relatively made easy for many in Lagos because Seyi and Layal Tinubu founded Noella Foundation in partnership with Bolajoko Fadipe owned Food Clique and BUA group are doing a wonderful job. The team is helping in no small way the their collaboration which has gone a ...
Read More »Meet Diaz, Brazil-Based Identical Music Duo, Waiting To Explode
There’s a new pair of musical duo in town, Brazil based identical twins of Nigerian descent who’re the next entertainment bomb, waiting to explode. When this talented duo will eventually be standing before God at the end of this life, they might not have a single bit of their talents ...
Read More »FirstBank Cardholders Records N1.18trn in Transactions Value during Lockdown
Since its establishment in 1894, FirstBank has consistently built relationships with her customers, focusing on the fundamentals of good corporate governance, strong liquidity, optimised risk management and effective leadership. These, amongst others, are the reasons the Bank has dominated the financial market for over 126 years. The Bank has led ...
Read More »Herbert Wigwe’s Pragmatic Ideology and Post Covid-19 Banking Strides
Apparently misconstruing the bank MD/CEO’s core message, the media recently alleged that Access Bank Plc, one of Africa’s largest retail bank by retail customer base was embarking on mass sack of workers and closure of branches. This ‘misinformation’ has been appropriately repudiated. But with traditional business models and banking metrics ...
Read More »COVID-19: SMEs’ Partnership, Rigorous commitment key to sustainable Economy Growth – Sekibo
In light of the sharp dwindling in the global economy occasioned by Covid-19 pandemic, the MD/CEO of Heritage Bank Plc, Ifie Sekibo disclosed that with partnership, truth, character and rigorous commitment to businesses, the micro, small and medium enterprises (MSMEs) stand to revamp the nation’s economy for sustainable growth. He ...
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