Saturday , 27 April 2024

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Access Bank declares N18.8b dividend

  The board of Access Bank Plc has recommended payment of N18.8 billion as cash dividend to shareholders for the 2017 business year. Shareholders will receive a final dividend of 40 kobo, in addition to interim dividend of 25 kobo, bringing the total dividend per share for 2017 to 65 kobo. Key extracts of the audited report and accounts of ... Read More »

Banks fail to adopt single rate on dollar asset reporting Banks  have not adopted a uniform exchange rate in reporting foreign currency assets in their financial statements, a Fitch Ratings report has said. The banks’ action falls below the International Financial Reporting Standards (IFRS) which the lenders are expected to comply with. Many of the Tier-1 banks have released their ... Read More »

Ogun Govt Commends Promasidor for Career Guidance Workshop

  The Ogun State Government has commended Promasidor Nigeria Limited for initiating a career guidance workshop for secondary school students, describing it as a laudable effort towards the development of education and youth empowerment in the country. Speaking at the second edition of Promasidor Harness Your Dream programme, organised by the makers of Cowbell, Milk, Loya Milk, Onga, Top Tea ... Read More »

Promasidor Nigeria Celebrates 254 Employees

Managing Director, Promasidor Nigeria Limited, Mr. Anders Einarsson (right); Regional Sales Manager, Promasidor Nigeria, Mr. Dada Onyia with his wife, Mrs. Ebere Onyia, during the presentation of the Long Service Award (LSA) to Mr. Onyia, at the company’s 2018 LSA held in Lagos… Saturday. Promasidor Nigeria Limited, makers of Cowbell Milk, Top Tea, Onga and other quality products, at the ... Read More »

Coolworld Unveils the New Haier ThermocoolEnergy Saving Electrical Appliances into the Nigerian Market

As part of its efforts to protectthe environment, help in cutting down on power consumption and saving teeming Nigerian consumers some money on electricity bills, the leading electrical appliances retailer, Coolworld Retail Storehasintroduceda new range of Haier Thermocool refrigerators, freezers and air conditionersinto the Nigeria market. The company states that their new Haier Thermocool ranges of Energy Saving refrigerators and ... Read More »

The GTCrea8 Convention for Undergraduates Holds March 8

Foremost African financial institution, Guaranty Trust Bank plc, is set to hold the maiden edition of the GTCrea8 Convention for Undergraduates, on Wednesday, March 8, 2018 at the University of Lagos, Akoka. The one day convention, which is free to attend, will bring together undergraduates from universities across Nigeria who are passionate about technology, digital media, fashion, and more to ... Read More »

Royal Hibiscus, a movie sponsored by Fidelity Bank

Royal Hibiscus, a movie sponsored by Fidelity Bank Plc premiered at the weekend. The movie is essentially a love story and Fidelity Bank has a love relationships with all stakeholders. This is reflective in all our operations, how we treat our staff, stakeholders and more importantly our customers, who are the real reason for our existence as a Bank. Additionally, ... Read More »

China Development Bank, UBA Sign Letter of Intent for a $100 million Loan Deal to Support SMEs in Africa

  United Bank for Africa (UBA) Plc, a pan-African banking group and China Development Bank (CDB), the world’s largest development finance institution, on February 27, 2018 announced the signing of a letter of intent for  $100 million seven-year to finance the development of small and medium enterprises (SMEs) in Africa. The $100 million loan will enhance UBA’s capacity to provide ... Read More »

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