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Tuesday , 21 August 2018


MTN Nigeria names Mazen Mroue as new COO

MTN Nigeria says its new Chief Operating Officer, Mazen Mroue, will provide leadership and direction to the commercial and technical functions of the company. Mroue, whose appointment took effect on Monday, August 6, 2018, has over 22 years’ experience in the telecoms as well as Information and Communications Technology industry, and drawn from various MTN operations across Africa and the ...

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GTBank Records Profit Before Tax of N109.6BN for H1 2018 Audited Results

Guaranty Trust Bank plc has released its audited financial results for the period ended June 30, 2018 to the Nigerian and London Stock Exchanges. A review of the results shows positive performance across all financial indices, reaffirming the Bank’s position as one of the most profitable and well managed financial institutions in Nigeria. Gross earnings for the period grew by ...

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Zenith Bank upgrades its mobile app and Introduces QWERTY Banking

Foremost Nigerian financial institution, Zenith Bank Plc has upgraded its Mobile App to include QWERTY Banking, a new feature that enables users perform banking transactions while chatting on any social messaging platform Zenith QWERTY Banking is designed to enable people perform transactions conveniently, while conversing with business partners or chatting with friends and loved ones. It supports funds transfers, airtime ...

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Nigeria Air replaces defunct Nigeria Airways as New National Carrier

The name of the new national carrier for the country was on Wednesday, July 18, 2018 announced by the federal government in the United Kingdom. Minister of State for Aviation, Mr Hadi Sirika, unveiled the new name as Nigeria Air at the Farnborough International Airshow in London, England. During the unveiling, the Minister also revealed the logo of the airline, ...

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Zenith still the highest dividend yielding bank

Zenith Bank has a Dividend yield of 10.50 percent, nearly doubles industry average as it continues to record double digit growth in earnings amid a tough and volatile macroeconomic environment. Zenith Bank, United Bank for Africa (UBA), Guaranty Trust Bank (UBA), Access Bank, are the most attractive dividend paying stocks in the banking industry. This means they are giving investors ...

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UBA launches chatbot in five African countries

United Bank for Africa Plc has announced the launch of its flagship chat banking personality, named ‘Leo,’ in Cameroon, Zambia, Cote D’Ivoire, Senegal and Congo. The lender said in a statement that the chatbot, which it described as very active in Nigeria, would change the face of e-banking across key African markets. UBA said it brought ease to the customers ...

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First Bank Reiterates Commitment To Creating Value For Customers

First Bank of Nigeria Limited, a part of FBN Holdings has restated its commitment towards creating a value-chain of support for the interests and activities of its customers. The bank in a statement said it has packaged varying categories of products and services to support businesses across market segments. The services according to the bank has been moulded to ensure ...

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UBA promotes e-banking with Dubai trip

United Bank for Africa Plc says it is committed to promoting electronic banking in the country. The lender therefore said it had put on offer a holiday in Dubai for loyal customers who leverage on e-banking regularly. In a statement on Sunday, it said, “UBA is offering three lucky customers a chance to win an unforgettable holiday experience in Dubai. ...

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Dangote Trust scheme empowers Amuwo Odofin women

L-R: Executive Lagos State Governor, Mr. Akinwunmi Ambode; Executive Director, Dangote Group, Halima Aliko Dangote; President/CE, Dangote Group, Aliko Dangote; Lagos State Commissioner for Women Affairs and Poverty Alleviation, Mrs. Lola Akande; during The Official flag-off of the Dangote Foundation Micro Grant Scheme for Women in LGAS/LCDAS on Thursday, 26th May, 2016 in Lagos.

The Dangote Trust Fund Micro Grant Scheme for Women kicked off yesterday in Amuwo Odofin Local Government Area of Lagos State. The empowerment programme was held at the council’s secretariat in Festac Town with thousands of women smiling home with various sums of money. The scheme was designed to enhance the income-generating capacity of the beneficiaries through seed grants of ...

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Dangote Dazzles In Tanzania Over cement price slash

dangote cement

Economists have described the recent cement price reduction by Dangote Cement as the right move. Dangote Cement, the largest cement producer in Tanzania, slashed cement prices to 10,000/- per 50kg bag in a move seen to enhance competition in the local cement market. Alhaj Sada Ladan-Baki, the group executive director of Dangote Cement said in a statement issued on Sunday ...

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