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Dangote Sugar turns preferred asset
Dangote Sugar turns preferred asset Dangote Sugar's strong earning is attracting strong bid for its stock, leading to a 36.21 per cent appreciation in the first half of 2023. In 42 months, investors were richer with a 48.85 per cent capital gain between 2020 and June 31, 2023. Kasimu Garba Kurfi , managing director, APT Securities and Funds Limited attributes this to the 2022 full year and Q1- 23 results. In its 2022 financial year, the company announced a 46.02 per cent increase in revenue to N403.24 billion from N276.05 billion. Pro…
Applause As Nestlé Employees Mentor 12,000 Students Accross Nation
Applause As Nestlé Employees Mentor 12,000 Students Accross Nation 280 Nestlé Nigeria volunteers including the Managing Director and CEO, Wassim Elhusseini are mentoring 12,000 students in JSS2, SS1 and SS2 classes in twentythree public secondary schools across Nigeria. The Youth Leadership Mentoring Program aims to instill the right values, skills and attitudes requisite for success and positive personal development from an early age in children. Chizoba Ezirim, National Coordinator and Head of strategy at REVAMP Africa Olurotimi Joseph …
LEADERSHIP AND FIRSTBANK’S SUCCESSFUL TRANSITIONING TO ‘CLICK’ BANKING
LEADERSHIP AND FIRSTBANK’S SUCCESSFUL TRANSITIONING TO ‘CLICK’ BANKING In December 2015, the share price of First Bank of Nigeria Limited was trading around N4.8 band. About seven years later, precisely last December, the value held tightly to N15, growing by over threefold amid general asset and economic doldrums. The steep rise in the valuation of the financial institution deviates remarkably from the average performance of FUGAZ, an acronym describing the top five Nigerian banks by market capitalisation. In the past seven years, the shar…
ACCESS BANK LAUNCHES FIRST AMERICAN EXPRESS CARDS TO BE ISSUED IN NIGERIA
ACCESS BANK LAUNCHES FIRST AMERICAN EXPRESS CARDS TO BE ISSUED IN NIGERIA In maintaining its leadership status as Nigeria’s most innovative bank, Access Bank (https://www.AccessBankPlc.com/) has unveiled two new consumer credit cards: the Access Bank American Express Gold Card and the Metal Platinum Card. These are the first American Express cards to be issued in Nigeria and West Africa. By launching these cards, Access Bank has improved its overall offering to its retail and private bank customers, who can now enjoy the Membership Rew…
IG USMAN Probes how Dapo Abiodun loaded N5 billion on bank-linked vouchers to buy votes in Ogun governorship election
IG USMAN Probes how Dapo Abiodun loaded N5 billion on bank-linked vouchers to buy votes in Ogun governorship election The N5 billion allegedly used by Mr Abiodun in printing the cards and their cost violated the financing threshold of N1 billion mandated by section 88 of the Electoral Act, 2022. The Inspector General of Police, Usman Baba, has directed police commissioner Olanrewaju Oladimeji in Ogun to investigate Governor Dapo Abiodun over allegations that he loaded N5 billion on bank-linked vouchers to buy votes in the March 18 gubernatori…
Stanbic IBTC Pension Managers Organises Pre-Retirement Seminars Nationwide
Stanbic IBTC Pension Managers Organises Pre-Retirement Seminars Nationwide Stanbic IBTC Pension Managers Limited, a subsidiary of Stanbic IBTC Holdings PLC, recently organized a series of pre-retirement seminars in three states across the federation - namely Edo, Plateau, and Oyo States, from 11 May to 25 May 2023. At these seminars, the esteemed customers of the organization received valuable knowledge on effective early retirement planning and investment strategies. L-R: Olumide Oyetan, Chief Executive, Stanbic IBTC Pension Managers; …
PHOTO STORY: STARTUP PORTFOLIO MEET AND GREET
PHOTO STORY: STARTUP PORTFOLIO MEET AND GREET L-R; Chief Digital Officer, Wema Bank, Olusegun Adeniyi; Executive Director, Retail and Digital Business, Wema Bank, Tunde Mabawonku; Co-Founder, HealthTech Startup, Emergency Response Africa, Folake Owodunni; Founder, EdTech Startup, Dozzia, Mubarak Robyn; Head Innovation, Wema Bank, Solomon Ayodele and Chief Information Officer, Wema Bank, Adeoluwa Akomolafe, during the meet and greet session with Startup Portfolio over the weekend at Wema Bank Head Office, Marina, Lagos.
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