NASCON Allied Industries declares a dividend, and bonus as Profit grows by 151% Leading food seasoning manufacturer, NASCON Allied Industries has gained more market share even as its profit after tax (PAT) rose by 151 percent to N13. 73 billion for the financial year ended December 31, 2023. A review of the company’s 2023 annual results and accounts indicated that profit after tax rose by N8.26 billion over N5.47 billion recorded in 2022. The company earned a revenue of N80.83 billion, which represents 38 percent or N22.04 billion over …
Building Beyond Dreams: Abbey Mortgage Bank Celebrates 32 Years of Transformative Impact and Community Engagement Abbey Mortgage Bank, a leading institution in the mortgage industry, proudly commemorates its 32nd anniversary. Over the past three decades, Abbey Mortgage Bank has evolved into a beacon of excellence, driving positive change and making a lasting impact on individuals and communities alike. Since its establishment in 1992, Abbey Mortgage Bank has undergone remarkable transformations, emerging as a pioneer in the mortgage sector…
UBA Business Series: Female Entrepreneurs Charge SME Owners, Others To Build Business Structure, Invest Successful Female Business Entrepreneurs have advised Small and Medium Scale Enterprises (SMEs) operators and would-be business owners to focus on meeting specific needs and self-development to create a path towards building prosperous brands in the short and long term. l Speaking during the Women’s Day Edition of the United Bank for Africa (UBA) Business Series hybrid event at the bank’s Head office in Lagos on Thursday, the entrepreneur…
EMP Industry Meet Up Spotlights Generation Z's Pivotal Role in Shaping the Future Workplace The Employee Place (EMP) Industry Meet-Up, now in its fifth year, recently convened at the CIBN Bankers Hall, Lagos, uniting thought leaders to delve into Generation Z's influence on the professional landscape. Esteemed speakers, including Joseph Onaolapo (Jay On-air), Makuochukwu Okafor-Obi, and Sheriff Adekoya, explored pivotal themes such as consumerism, innovation, and the essence of trust in the context of modern workplaces. A notable hi…
Union Bank Advocates for Inclusivity and Female Empowerment at 2024 International Women’s Day Celebration L-R: Olufunmilola Aluko, Chief Brand and Marketing Officer, Union Bank of Nigeria; Rev. Mother Esther Ajayi, of the Love of Christ Generation Church, Special Guest; Yetunde Oni, MD/CEO, Union Bank of Nigeria; Mannir Ringim, Executive Director, Union Bank of Nigeria; and Gloria Omereonye, Area Business Executive Lagos, Union Bank of Nigeria at the Union Bank International Women’s Day celebration recently held at the Bank's Head Office…
Nigerian Air Force Plane Crashes During Training A trainer aircraft belonging to the Nigerian Air Force on Thursday experienced a minor accident in Kaduna State. The aircraft, a Super Mushshak trainer aircraft, was involved in a minor accident at about 2.35 pm. According to a statement by the Director of Public Relations and Information, Nigerian Air Force, Air Vice Marshal Edward Gabkwet, the incident occurred while the pilots were returning from routine training. He, however, said the two pilots escaped unhurt. The statement read, “A Nig…
Go after coup mongers, FG instructs DIA The Minister of State for Defence, Dr Bello Matawalle, has directed the Defence Intelligence Agency to go after those calling for a coup in the country. This is according to a statement on Thursday by the Director of Information, Press and Public Relations of the defence ministry, Mr Henshaw Ogubike. Matawalle described those calling for an undemocratic change of government as agents of darkness and warned that anyone caught would not be treated lightly. “The call for violent change of government by the…
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