Stakeholders score Cutix high as Ambassador Nwosu retires
Stakeholders score Cutix high as Ambassador Nwosu retires Stakeholders have scored Cutix Plc for its successful operations in the country in the last 40 years in spite of the prevailing harsh economic conditions. Cutix Plc is a Nigerian company that specialises in the production and distribution of electrical, automotive and telecommunications wires, cables and related products. The stakeholders, including eminent sons and daughters of Anambra State as well as leading industrialists and politicians in the country, delivered their commenda…
Stanbic IBTC Bank Celebrates Outstanding Achievements at the Global Transaction Banking Innovation Awards
Stanbic IBTC Bank Celebrates Outstanding Achievements at the Global Transaction Banking Innovation Awards Stanbic IBTC Bank, a leading financial services provider, is proud to announce its recent recognition at the prestigious Global Transaction Banking Innovation Awards. The award, presented during a gala event held on Thursday, 21 September 2023, acknowledges Stanbic IBTC’s exceptional contributions and innovation in the field of Transaction Banking. Stanbic IBTC won in four categories including: Best Bank for Trade Finance in Nigeri…
59% Growth:Access Holdings Publish Stunning N940.3 Billion Gross High First Half Earnings
59% Growth:Access Holdings Publish Stunning N940.3 Billion Gross High First Half Earnings Access Holdings Plc recorded substantial growths in incomes and profitability in the first half with gross earnings rising by 59 per cent to N940.3 billion within the six-month period. Key extracts of the audited report and accounts of Access Holdings for the first half ended June 30, 2023, released yesterday at the Nigerian Exchange (NGX), showed that profit before tax jumped by 71.4 per cent to N167.6 billion in first half 2023 as against N97.79 bil…
Union Bank Unveils Annual CSI Report: Driving Inclusive Growth; Impacting Lives, Enabling Success
Union Bank Unveils Annual CSI Report: Driving Inclusive Growth; Impacting Lives, Enabling Success Lagos, Nigeria – Union Bank of Nigeria, a leading financial service provider, has released its 2022 Citizenship, Sustainability, and Innovation (CSI) report, outlining the bank’s efforts across three pivotal areas - Citizenship, Sustainability, and Innovation. The 7th edition of the report, titled ‘Driving Inclusive Growth; Impacting Lives, Enabling Success,’ provides an extensive overview of Union Bank's ongoing commitment to fostering a s…
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Corporate Performance: Dangote wins Brand of the Year Award
Corporate Performance: Dangote wins Brand of the Year Award Africa’s foremost Conglomerate, Dangote Industries Limited (DIL) has bagged the Brand of the Year award, in recognition and celebration of the top brand’s outstanding odyssey and consistently rising profile. Marketing Edge, Nigeria’s leading Brands and Marketing publication which honoured Dangote with the award at a grand ceremony held in Lagos, described it as signposting Dangote’s good corporate performance over the last one year. Publisher and Chief Executive Officer of Marketi…
Why Investors Of Today Will Smile To Bank In 5 Years-Adeduntan, First Bank Boss
Why Investors Of Today Will Smile To Bank In 5 Years-Adeduntan, First Bank Boss World leaders from 198 countries converged in New York last week for the 78th United Nations General Assembly(UNGA) where the implementation of the 17 Sustainable Development Goals(SDG) took the centre stage. The world has 7 years left out of the 15 years timeline to achieve these universally agreed objectives, which include ending poverty,ensuring quality education,promoting good health, and providing access to affordable and clean water. But they all agreed …
Access Holdings Plc posts 71.39% increase in pre-tax profit in H1 2023
Access Holdings Plc posts 71.39% increase in pre-tax profit in H1 2023 Access Holdings Plc, one of the leading financial services providers in Nigeria, has released its half-year results for the period ended June 30, 2023. The results show that the company recorded a remarkable growth in its pre-tax profit, which rose by 71.39% year-on-year, reaching N167.601 billion. The impressive performance of the company was driven by a significant increase in its gross earnings, which grew by 58.89% year-on-year, reaching N940.311 billion. The main cont…
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