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2023 Report: Wema Bank Hits 196% Growth In Profit
Wema Bank Plc has reported a profit before tax increase of 196% from ₦14.75bn to ₦43.59 billion for the year ended 31 December 2023.
This was revealed in the bank’s full year 2023 audited financial results released last Friday.
…
Samsung Nigeria Unveils Mid-Range Smartphone Champions, Galaxy A55 5G, A35 5G
Samsung Nigeria has launched two new additions to its Galaxy A series - Galaxy A55 5G and Galaxy A35 5G smartphones.
Both devices are designed to bring the power of 5G connectivity to a wider range of consumers, offering a…
BUA Begins N250m Construction At Al-Qalam Varsity
The Abdul Samad Rabiu Africa Initiative (ASR Africa), an initiative of BUA’s Group Chairman has begun a N250 million administrative block and a conference Theatre construction at the Al-Qalam University in Katsina State.
The…
Stanbic IBTC Records Surge Of 74% PAT In 2023
Stanbic IBTC has reported a net profit of N140.6 billion in 2023, marking a remarkable surge in profit and key financial metrics of 74% growth from the N80.7 billion posted in 2022.
The bank also reported gross earnings of N461.1…
2023 Report: Unilever Records 151% Profit Increase, As Suspended Home Care Unit, Rakes In N10.5…
Unilever Nigeria has reported a pre-tax profit of N21.9 billion, representing a 151% increase for the year ended 31 December 2023. This is from the N8.7 billion posted in 2022.
According to Unilever’s audited financial…
Elev8 Media Unveils “8 Wonders Of Osborne” In Lagos
Elev8 Media, a leading provider of innovative Out-of-Home advertising solutions, has launched the "8 Wonders of Osborne", a premier advertising opportunity in Lagos. It is a captivating series of static billboards strategically…
Transcorp Hotels Plc Hits 108% Profit Growth In 2023
Transcorp Hotels Plc has reported a profit before tax of N9.412 billion, representing a 108% YoY profit increase for the year ended 31 December 2023.
This was revealed in the company’s financial statement, according to the…
MultiChoice Nigeria Excites GOtv Supa+ Subscribers With Holiday Promo In April
MultiChoice Nigeria has opened access to its GOtv Supa+ subscribers to watch Premium Africa Magic originals and the latest Nollywood releases on the Showcase channel from April 1-30, 2024, in commemoration of the Easter and Ramadan…
Telecel Acquires Assets Of MTN In Guinea-Bissau, Guinea
Africa-focused telecommunications company, Telecel Group, has bought assets of MTN Group in Guinea-Bissau and Guinea. In line with its plan to expand operations in the continent, Telecel is also preparing for its upcoming initial…
5 for 5 Promo: Wema Bank Rewards 113 Women With Mega Cash Prizes In March
Wema Bank has rewarded 113 loyal female customers across Nigeria with millions of Naira in the recently concluded 8th monthly draw of its renowned 5 for 5 Promo Season 3.
According to the bank, the event which was held at the…