Business

Jeremy Awori, CEO of Ecobank Group rings closing gong at the Nigerian Exchange (NGX)

(L-R) Bunmi Bajomo, Head, Group Corporate Bank, Ecobank Transnational Incorporated (ETI); Cecilia Akintomide, Chief Executive Advisor to the GCEO, ETI; Bolaji Lawal, Managing Director, Ecobank Nigeria; Jeremy Awori, Group Chief Executive Officer, ETI; Temi Popoola, CEO, Nigerian Exchange Limited (NGX); Bola Adesola, Chairman, Ecobank Nigeria; Caro Oyedeji, Deputy Managing Director,[Read More…]

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Fidelity Bank launches the Food Bank Initiative nationwide

L-R: Parish Priest, Our Lady of Perpetual Help Catholic Church, Victoria Island, Lagos, Rev. Father Julius Olaitan; Executive Director/Chief Operations and Information Officer, Fidelity Bank Plc, Mr. Stanley Amuchie; MD/CEO, Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe; and Assistant Parish Priest, Our Lady of Perpetual Help Catholic Church, Victoria Island, Lagos,[Read More…]

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Union bank grows earnings by 19% in FY 2022

Union bank has announced a gross earnings up of 19 percent growth to ₦208.2 billion (₦175.0 billion in 2021). The bank in it’s audited financial statements for the year ended 31st December 2022 released on Wednesday said the success was driven by strong growth in Net Interest income. The growth[Read More…]

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TotalEnergies to stop gas flaring by end of 2023

TotalEnergies has announced that it will stop gas flaring at the end of 2023. The company also said it’s action plan, especially on renewable energy is fully on course. TotalEnergies made the announcement Tuesday, April 18, 2023, at the Nigeria International Energy Summit (NIES) ongoing at the International Conference Centre[Read More…]

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FIRS, Customs collect N12.7trn revenue in 2022

A total N12.7 trillion revenue was generated by the Federal Inland Revenue Service (FIRS) and the Nigeria Customs Service (NCS) in 2022, a 46.8 per cent increase year-on-year (YoY) from N8.7 trillion they both collected in 2021. National Bureau of Statistics (NBS) data shows government agencies, including Nigerian Upstream Petroleum[Read More…]

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