Stanbic IBTC Bank Nigeria PMI®: Softest rise in selling prices for a year May data pointed to a pick-up in growth in the Nigerian private sector, with both output and new orders increasing at sharper rates than in April. Rates of expansion remained slower than the respective series averages, however, as high prices continued to limit demand. That said, there were further signs of inflation leveling off, with both purchase costs and selling prices rising at the slowest rates for a year. The headline figure derived from the survey is the S…
Tinubu reads riot act on Abia killingsAbia killings … go after those calling for sit-at-home in South-East President Bola Tinubu has ordered security agents to go after the killers of five soldiers in Aba, Abia State and those behind the call for sit-at-home in South-East. Vanguard Personality of the Year Awards 20230.00 / 0.00 Tinubu said on no account should anyone, under any guise, have the audacity to kill agents of the state. This was contained in a statement on Saturday night. The President, who was reacting to the murder of five soldie…
Dr. Tinuade Sanda Wins 2023 Vanguard Energy Icon of the Year Award Dr. Tinuade Sanda, the former Managing Director of Eko Electricity Distribution Company and a prominent figure in the Nigerian energy landscape, has been honored with the prestigious Vanguard Energy Icon of the Year Award which took place at Eko Hotel and Suites, Victoria Island, Lagos. The Vanguard Personality of the Year Award in its 12th edition, is an annual event that celebrates eminent personalities who have excelled in professional excellence and demonstrated outstanding…
FIRSTBANK MAINTAINS IMPRESSIVE PERFORMANCE, POSTS N238.53BN PBT IN Q1 2024 FBN Holdings Plc declared N238.53 billion profit before tax (PBT) in its unaudited first quarter (Q1) ended March 31, 2024 results, which was about 325.2percent growth from the N56.1 billion reported in Q1 ended March 31, 2023. The Q1 2024 results was a reflection of 2023 impressive performance as one of the oldest banks in Nigeria sustained its fundamentals amid domestic and foreign challenges. From its Q1 2024 profit & loss figures, the Group declared N208.1 bi…
ZENITH BANK TRANSFORMS AJOSE ADEOGUN ROUNDABOUT WITH STATE-OF-THE-ART DIGITAL DISPLAY Outgoing Group Managing Director/Chief Executive, Zenith Bank Plc, Dr. Ebenezer Onyeagwu (2nd Right) flanked by Executive Director, Mr. Akin Ogunranti (1st Right); Executive Director, Dr. (Mrs.) Adobi Nwapa (3rd Right) and Executive Director, Mr. Adamu Lawani (4th Right) during the launch of the bank’s state-of-the-art digital LED screen at Ajose Adeogun Roundabout, Victoria Island, Lagos, yesterday. Zenith Bank Plc, on Thursday, 30th May 2024, launched a s…
Aigboje Aig-Imoukhuede Honoured with African Banker Lifetime Achievement AwardVisits President William Ruto of Kenya Aigboje Aig-Imoukhuede giving remarks after receiving the award. L-R: Aigboje Aig-Imoukhuede, Chairman, Access Holdings PLC with His Excellency, President William Ruto, during Aig-Imoukhuede’s visit to the state house in Nairobi following the receipt of the African Banker Lifetime Achievement Award, recently. Nairobi, Kenya – 29 May 2024: Aigboje Aig-Imoukhuede, CON, Chairman of Access Holdings PLC and Coronation Group, …
Dangote keys into FG Agenda, to run all Cement trucks on CNG by 2025 …increases shareholders dividend by 50% to N30 per share DSC5640: L-R: Independent Non-Executive Director, Dangote Cement Plc; Dorothy Udeme Ufot; Chairman, Dangote Cement Plc, Aliko Dangote; Non-Executive Director, Dangote Cement Plc, Abdu Dantata; Group Managing Director, Dangote Cement Plc, Arvind Pathak; Non-Executive Director, Dangote Cement Plc, Olakunle Alake; and Non-Executive Director, Dangote Cement Plc, Devakumar Edwin, at the 15th Annual General Meeting (A…
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