Category Archives: BUSINESS

Zenith Bank PLC Sustains Market Dominance With Improved Profitability

In the first quarter ended 31 March 2019, Zenith Bank Group recorded improved numbers across key metrics, driven by a solid performance in all business segments an unedited Q1 results released by the bank revealed. This solid performance resulted in

GTBank Releases Q1 Unaudited Results, Reports Profit Before Tax Of N57.0Billion

Guaranty Trust Bank plc has released its unaudited Financial Results for the quarter ended March 31, 2019, to the Nigerian and London Stock Exchanges. The Bank recorded positive performance across all financial metrics with gross earnings for the period growing

NOVA Merchant Bank Limited Rated Investment Grade by 2 Leading Rating Agencies

In furtherance of its plans to scale its operation this year, NOVA Merchant Bank Limited, in yet another milestone, has received an investment grade rating from both Agusto & Co (Bbb) and Global Credit Ratings (BBB-). The reasons given for

Tonye Cole’s Sahara Energy Faces Liquidation Over N15Billion Debt to UBA

Details of the messy transaction Having dabbled into the murky and dirty waters of politics and came out scathed, the reality of that misadventure is just coming to bear on the erstwhile MD/CEO Sahara Energy Resources Limited, Tonye Cole. Incontrovertible

EXCLUSIVE: Ayo Animashaun’s Smooth Promotions Drag Heritage Bank to Court For Fraud

Just weeks after Innoson motors got a landmark judgment against GTBank, it appears another Nigerian bank is behaving badly, and about to be called to order by the court. According to court papers leaked online today, heritage bank, which has

Zenith Bank CEO Designate Ebenezer Onyeagwu Visits Sanwo-Olu [Photo]

On Wednesday, April 10, 2019, the Group Managing Director/ Chief Executive Officer designate of Zenith Bank, Ebenezer Onyeagwu paid a first courtesy after his appointment few days ago. His host was the Governor-Elect of Lagos state Babajide Sanwo-Olu. The Governor-Elect

Details As Zenith Bank Appoints Ebenezer Onyeagwu GMD/CEO Effective June 1, 2019

Zenith Bank Plc. has announced the appointment of Mr. Ebenezer Onyeagwu as the Group Managing Director/CEO of the bank effective June 1, 2019, subject to the Central Bank of Nigeria (CBN) approval. The appointment is consistent with the bank’s tradition

Fidelity Bank Appoints 3 New Executives

Fidelity Bank Plc on Monday announced the appointments of three new Executives by the Board of Directors as part of corporate realignment aimed at repositioning for further growth. The bank said in Lagos that the board had approved the appointment

A Mother Knows —- A Short Film About Autism By GTBank [WATCH]

A Mother Knows is a short film by GTBank created to raise awareness about Autism Spectrum Disorders (ASD) in Nigeria. The film tells the story of a young boy growing up with autism and the impact of the condition on

Executive Changes In Keystone Bank Limited

Keystone Bank Limited (the Bank) has announced the resignation of Mr. Obeahon Ohiwerei from office as Managing Director/CEO of the Bank, and the appointment of Mr. Abubakar Danlami Sule as Acting Managing Director/CEO. Mr. Sule’s appointment is subject to approval