Nestlé Nigeria Full Year 2022 Results Nestlé Nigeria Plc has announced a 27.0% revenue growth in her 2022 financial results when compared to her performance in 2021. The company posted a revenue of N 446.8 billion in the year under review as against N 351.8 in the preceding year. In Gross profit for 2022 stood at N 155.8 billion, a 18.2% increase over 2021. Profit after tax of N 48.9 billion was recorded for the year 2022, which represents a 22.3% increase over 2021. The detailed financial results are available online at https://www.nestle-…
Lotus Bank Partners Touch & Pay to Launch Cowry Wallet Isiaka Ajani-Lawal, Executive Director, Lotus Bank; Funso Toki, Divisional Head, Agency Banking, Lotus Bank; Tunde Lawal, Chief financial Officer, Lotus Bank; and Akeem Mustapha Divisional Head, Marketing, Lotus Bank, at the launch of Cowry Wallet Cowry Wallet is a simple digital payment platform that enables traders, artisans, merchants, and individuals to perform financial transactions from the comfort of their phones and devices
Don arrested for alleged votes buying in Makurdi Operatives of the Economic and Financial Crimes Commission, EFCC, monitoring the presidential and national assembly polls made some arrests of suspected vote buyers. One Dr. Cletus Tyokyaa, a lecturer with the Sarwuan Tarka University (formerly known as the University of Agriculture), Makurdi, Benue State, was arrested at the RCM Polling Unit in Daudu, Guma Local Government Area of the state with the sum of N306, 700 in various denominations stashed in his car. Luck ran out on the suspect when h…
Elections outcome mustn’t disunite Nigeria, says Shettima The All Progressives Congress vice presidential candidate, Kashim Shettima, has urged the entire country to ensure that the outcome of the 2023 elections does not disunite the country. Shettima, who voted at his Shettima Kukawa 023 polling unit, Lawan Bukar Ward, Maiduguri metropolis by 11:45 am, told newsmen that “one out of every four black men in the world is a Nigerian,” warning, “so we cannot afford to mess up the election”. He described the 2023 presidential election as “a very mo…
FG Sells N2.5bn NITEL Property To Lagos The National Council on Privatisation (NCP) has approved the sale of a NITEL/MTEL property located at No 3-5, Moloney Street, Tafawa Balewa Square, Onikan, Lagos, to the Lagos State Government. A statement by the Bureau of Public Enterprises (BPE) on Friday said the property was one of those listed for sale by the liquidator of NITEL/MTEL Non-Core assets at the cost of N2.5 billion. Meanwhile, the property is presently encumbered by the activities of illegal occupants and the Lagos State Government has p…
Wema Bank Plans to Celebrate International Women's Day 2023 lagos, Nigeria – 22nd February, 2023 Wema Bank, Nigeria's most innovative bank, is preparing to celebrate International Women's Day 2023. The bank aims to honor women and provide them with opportunities to achieve success in their personal and professional lives. The celebration will be held on March 8, 2023, in Lagos. This year's global theme, "Embrace Equity," will be the focus of the event. The discussion will center on the topic of equity and achievin…
Interventions: Buhari Hails CACOVID for Raising his Profile among Comity of Nations President Buhari Hails CACOVID for Donating 350 Security Vehicles … says Coalition made him proud over Covid-19 response As the private sector-led Coalition Against Covid-19 (CACOVID) winds down, President Muhammadu Buhari has commended the initiative of private sector operators, saying the contributions he has received from the Coalition so far has elevated his status among other Presidents of the world. Captions: 219: (l-r) Leaders of CACOVID, Go…
" Stanbic IBTC Bank To Host Webinar on Trade Export For Global Scale Growth " Stanbic IBTC Bank Plc, a subsidiary of Stanbic IBTC Holdings Plc, has announced its upcoming trade export webinar, themed "Getting Your Business Export Ready." The virtual event is designed to empower exportation business owners and entrepreneurs with the skills, knowledge, and strategies they need to succeed in the export trade sector. Recent data from the National Bureau of Statistics highlights the importance of this event. In th…
10 Years in Media Monitoring and Intelligence Profession: LessonLearned As a media monitoring and intelligence professional, I have spent the past decade honing my skills and gaining valuable experience in the industry. During this time, I have learned many lessons that have helped me to become a better professional and person. In this article, I will share some of the most important lessons I have learned over the past 10 years. Lesson 1: Attention to Detail is Key One of the most important lessons I have learned is the importance of att…
Wema Bank Collaborates Enugu State Govt On SME To Fast track Development SME PHOTO MENTION LFrom left to right – Head, Corporate Strategy and Investor Relations, Wema Bank, Femi Akinfolarin, Head SME Banking, Wema Bank, Arthur Nkemeh, Chief Financial Officer, Tunde Mabawonku, Special Adviser to the Enugu State Governor on SME Development & Investment Promotion and DG of the Enugu SME Agency, Hon Arinze Chilo-Offiah, Head, Branch Services Co-ordination, Wema Bank Oluwole Esomojumi, at the two-day SME capacity building organized by …
JUST IN: Sanwo-Olu calls for calm amidst fuel, naira scarcity crises Lagos State Governor, Babajide Sanwo-Olu, has appealed to Lagosians to remain calm amidst the fuel and naira scarcity crises resulting in chaos in the state. Sanwo-Olu made the appeal in a live conference on Saturday. Speaking, the governor noted that it was necessary to address residents in the state in view of the ongoing situation in the country, regarding the change of currency notes and the fuel scarcity and its attendant hardship. He said, “First, let me thank you the…
Kebbi group joins calls for removal of EFCC chairman A coalition of youths in Kebbi State, the home state of Economic and Financial Crimes Commission chairman, Abdulrasheed Bawa, has joined the calls by various pressure groups and Civil Society Organisations for the embattled anti-corruption czar to step down or be sacked by the President, Major General Muhammadu Buhari (retd). The concerned youths under the auspices of Kebbi Youths’ Coalition, stated their position on the raging issue concerning Bawa, at a press conference, held in Sokoto o…
Naira redesign: Why Buhari is refusing to abide by Supreme Court order — Ganduje The Kano State Governor, Abdullahi Umar Ganduje, has revealed reason President Muhammadu Buhari is not yielding to the Supreme Court order on the implementation of the Naira redesign policy. In an audio recording obtained by our reporter, Ganduje was quoted in vernacular asking, that, “President Buhari should remember that for several times he was trying to contest Presidency but he couldn’t make it until there was an alliance, but now after enjoying everything,…
We Expect Victory Because We’ve Worked Very Hard – Tinubu ABUJA – Asiwaju Bola Ahmed Tinubu, presidential candidate of the ruling All Progressives Congress (APC), has said that with the vigour at which the Renewed Hope Agenda was received by Nigerians, the campaign is convinced of victorious outcome come February 25. Addressing the Progressive Sisters Network (PSN), a pro-Tinubu/Shettima group, at a recent dinner in Abuja, Asiwaju Tinubu expressed confidence of a positive electoral outcome noting that the campaign has worked extremely hard to …
New CP Lagos Warns Officers Against Accidental Discharge The new Commissioner of Police in charge of Lagos command, Idowu Owohunwa, has warned officers and men in the command against accidental discharge. Owohunwa said this on Wednesday during his visit to some area commands as part of his familiarisation tour to all police formations in the Lagos command. The CP, who visited Area G Ogba and Area F Ikeja respectively, where he addressed all the DPOs in the areas, urged the officers and men to be professional in their conduct as he would deal …
"Stanbic IBTC Insurance Highlights Benefits of Life Insurance Policy " Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC Holdings Plc, has urged Nigerians to purchase life insurance policies to help secure the financial future of their loved ones. Akinjide Orimolade, Chief Executive of Stanbic IBTC Insurance Limited, said in a statement that the benefits of obtaining life insurance policies through Stanbic IBTC Insurance Limited includes securing the financial future of their loved ones, prompt payment of claims to benef…
Polaris Bank flaunts new website offers four unique features Have you visited Polaris Bank corporate website, www.polarisbanklimited.com lately? If not, do not hesitate to check it out. You would be pleasantly surprised by the refreshing changes the Bank's website has undergone, ostensibly to serve millions of her customers within and outside Nigeria. Below are the four unique features of the redesigned Polaris Bank corporate website you would see when you visit and navigate through site: Improved User Experience (UX): The website has been…
*Lagos Returnee Senator, Yayi Using DSS, Customs To Harass Indigenes Of Yewa/Awori* For fear of losing the 2023 Ogun West Senatorial election, Lagos Returnee Senator, Olamilekan Adeola, popular as Yayi has started harassing those who are not on his side with men of the Department of State Security and Customs. News reaching our correspondent has it that Ibrahim Dende Egungbohun in connivance with Senator Olamilekan Adeola Yayi to ensure the arrest of Alhaji Kamoru Olaifa, pop…
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