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N30b Suit: Court Grants ARCON Leave To Serve Facebook Court Notice
The Federal High Court sitting in FCT, Abuja has granted the Advertising Regulatory Council of Nigeria (ARCON) the leave to serve the writ of summons and all other Court processes including hearing notices on the social media tech…
Saudi Aramco Displaces Microsoft, Becomes Second Largest Corporate Brand In The World
Saudi Arabian Oil Group, Saudi Aramco has displaced American multinational technology company Microsoft to emerge as the second largest company in the world.
According to reports, Aramco’s current market value is $2.11…
Wema Bank Records N39bn Gross Earnings In Q1 2023
Wema Bank Plc has released its gross earnings of N39.35bn which is an increase of 35.04 per cent in the first quarter of the 2023 financial period compared to the N29.14bn recorded in the corresponding period of 2022.
This was…
Brand Owners Groan As Unsold Goods In Warehouses Increase By 52%
Brand owners are experiencing very tough times as The Manufacturers Association of Nigeria, MAN, has revealed that the group recorded a 52 per cent increase in unsold finished goods in six months.
This was issued in MAN’s Bi-Annual…
Wema Bank, ALAT To Celebrate Anniversaries With Week-Long Activities
Wema Bank, a leading Nigerian financial institution renowned for its innovative banking solutions and Africa's first fully digital bank, is set to commemorate its 78th and 6th anniversary with a bang.
The week-long…
Zenith Bank Records 41% Increase In Gross Earnings In Q1 2023
Zenith Bank Plc has released its unaudited result with a growth of 41 per cent in gross earnings from N191.5bn recorded in the first quarter of 2022 to N270bn in Q1 2023.
The unaudited statement for the first quarter ending 31st…
Nigerian Breweries Shareholders Approve N13.87 Billion Dividend Payout
L-R: Corporate Affairs Director, Nigerian Breweries(NB) Plc, Sade Morgan; Outgoing Chairman, NB Plc, Chief Kola Jamodu; President, Manufacturers Association of Nigeria(MAN), Otunba Francis Meshioye; Incoming Chairman, NB Plc, Asue…
GTCO Food & Drink Festival Expands Capacity For 6th Edition, Begins Tomorrow
Lagos, Nigeria is set to host the 6th edition of the GTCO Food & Drink Festival, an annual event that brings together food lovers from across Africa and beyond for a weekend of celebration, food, and togetherness.
The festival…
Fidelity Bank Records 112% Growth In PBT For 2022
CEO, Fidelity Bank, Mrs. Nneka Onyeali-Ikpe
Fidelity Bank Plc, a leading financial institution has released its 2022 Audited Financial Statements of 112.9% growth in Profit Before Tax amounting to N53.7 billion.
The Bank also…
Cadbury Records 124% Rise In Profits For Q1 2023
Cadbury Nigeria Plc has released its unaudited financial statement for the first quarter of 2023 with a record-breaking 124% quarter-on-quarter growth in profit after tax, amounting to N3.453 billion.
The company’s profits were…