Business

Business and brand marketing in Nigeria

UBA records PBT by 32%, declares dividend per share of 55kobo

UBA records PBT by 32%, declares dividend per share of 55kobo

United Bank for Africa (UBA) Plc, the pan-African financial services group, operating in 19 African countries, has released its audited 2016 full year results, showing significant growth in gross earnings and profits, an attestation to its resilience, enhanced productivity and geographic diversification, evident in the impressive contribution from its African subsidiaries. The Group recorded an […]

Airtel Nigeria promotes Ibrahim, Dosunmu to regions, reassign others

Airtel Nigeria promotes Ibrahim, Dosunmu to regions, reassign others

Airtel Nigeria, has announced the promotion of Muhammad Bashir Ibrahim and Oladapo Dosunmu as Regional Operations Directors for North Region and South Region, respectively. In their new roles, Ibrahim and Dosunmu will ensure growth indices are sustained across all channels and will be responsible for implementing the right strategy to grow Airtel’s revenue market share within their regions. They […]

Transcorp Hotels announces N4.5bn profits, posts 40k dividend

Transcorp Hotels announces N4.5bn profits, posts 40k dividend

Transcorp Hotels Plc has announced a profit after tax of N4b at its 3rd Annual General Meeting which took place at Transcorp Hilton Abuja. At the meeting, the Shareholders of Transcorp Hotels Plc  commended the management and staff of the Company for recording a strong financial and operational performance in the financial year ended 31st December 2016, with […]

Africapitalism: UBA Elumelu speaks to youths at University of Ghana

Africapitalism: UBA Elumelu speaks to youths at University of Ghana

The Group Chairman UBA Plc, and Founder of the Tony Elumelu Foundation, Mr. Tony O. Elumelu, visited Ghana as the first stop of his UBA tour of Africa, propagating the ideal of Africapitalism.  In continuation of his strategic vision of engineering a robust economic and business relationship across the continent through Africapitalism as a necessary tool […]

Fitness: Heritage Bank, Ruby Agu collaborate for women well-being

Fitness: Heritage Bank, Ruby Agu collaborate for women well-being

Heritage Bank in partnership with Ruby Agu Fitness Trainer is set to promote the well-being and “Timeless Health” of Nigerian women. The Dance Aerobics session, which will be anchored by Ruby Agu, who is a certified Fitness Trainer, Weight Management Specialist and Wellness Blogger, and Tomi Oyesola, Heritage Bank’s Group Head of Retail Banking for […]

Nigerian Breweries commissions multi-billion naira Ota brewery facelift

Nigerian Breweries commissions multi-billion naira Ota brewery facelift

In a bid to to consolidate its leadership position in the industry, Nigerian Breweries Plc recently commissioned its upgraded brewery in Ota, Ogun State. Part of the brewery infrastructure commissioned at the well-attended ceremony included a new Pet line, a Water Treatment Plant and a Waste Water Treatment Plant, among twenty one others. While welcoming guests who […]

Akpobome: Heritage Bank refutes Ali Baba’s wife loan suspension claim

Akpobome: Heritage Bank refutes Ali Baba’s wife loan suspension claim

The management of Heritage Bank Limited has refuted claims in a story by Sahara Reporters that Heritage Bank suspends Ali Baba’s Wife on loan recovery. Heritage Bank management, categorically refute these claims and hereby state clearly that Mrs Mary Akpobome remains a valued Executive Director of the Bank. “We strongly disclaim all allegations made on the news […]

Goldberg Excellency: Aje Olokun emerge best in Ikare Akoko competition

Goldberg Excellency: Aje Olokun emerge best in Ikare Akoko competition

Aje Olokun Drummers from Ikare Akoko have emerged winners of the traditional drummers’ competition at the third edition of the Goldberg Excellency Tour held at Nicety Hotel, Ikare Akoko, Ondo State on Saturday, March 4, 2017. Aje Olokun Drummers outshone four other drummer groups at the grand finale to clinch the first position and the […]

Red Star launches express food delivery services in Lagos

Red Star launches express food delivery services in Lagos

Red Star Express Plc, on March 1st, 2017 launched a food delivery service through its subsidiary, Red Star Support Services.  The service known as the “Express Food Delivery Services”, has been designed to create a seamless process for people with time constraints and limited opportunity to order for breakfast, lunch or even dinner at the comfort […]

KWAM 1, Shina Peters, stakeholders commend Goldberg Ariya Repete

KWAM 1, Shina Peters, stakeholders commend Goldberg Ariya Repete

Stakeholders in the music and entertainment industry have highlighted the vital connection between music, entertainment and culture. The stakeholders who convened at the Lagos Airport Hotel for the first ever Roundtable on Yoruba music, Ariya Repete, also commended Goldberg lager beer for the initiative, which they say, signals a cultural rejuvenation among Yorubas. In his keynote […]

Adamawa Quiz: FARO boosts Spelling Bee Challenge with products

Adamawa Quiz: FARO boosts Spelling Bee Challenge with products

Adama Beverages Limited, makers of FARO drinks has given its back to the Adamawa Quiz Debate Contest also known as Macwrites Spelling Bee Challenge. Adama Beverages, a top beverage company in the Northeast area of Nigeria gave its support by donating 20 cartons of bottled water and fruit juice to refresh participants of the Spelling Bee Challenge which […]

World Book Day: Heritage Bank donates 16,340 books to 84 schools

World Book Day: Heritage Bank donates 16,340 books to 84 schools

In its continuous drive to remain at the forefront of engendering educational learning amongst young Nigerians, Heritage Bank Plc joined in celebrating the “World Book Day” by means of implementing one of its literacy initiatives and donation of books to schools. The bank has decided to lend its support to the biggest celebration of its kind, designated by UNESCO […]

Photos: Egbe Alu Dundun wins Goldberg Excellency Ilorin tour

Photos: Egbe Alu Dundun wins Goldberg Excellency Ilorin tour

Goldberg Excellency Tour has produced yet another winner with its Traditional Drummers contest. The Egbe Alu Dundun clinched the overall prize in the traditional drumming contest at the Ilorin edition on Sunday. The winning band outshone four other finalists at the contest held at Forest Guest Inn, Old GRA, Ilorin and took home a cash […]

GTBank caps three honours at Euromoney Private Banking awards

GTBank caps three honours at Euromoney Private Banking awards

Top financial institution, Guaranty Trust Bank Plc, has been recognised as the ‘Best Private Banking Services, Best Commercial Banking Capabilities & Best Net-worth Specific Services in Africa’ during the 2017 Euromoney Private Banking Awards which held on Wednesday, February 22, 2017 at the Plaisterer’s Hall in the City of London. Now in its 14th year, the Euromoney Private Banking […]

Pedabo Breakfast: Experts canvass R&D to survive recession

Pedabo Breakfast: Experts canvass R&D to survive recession

To address the country’s current economic situation, industry experts at a breakfast seminar had canvassed that for any business to survive and excel amidst recession, marketing, research and development must be part of its plan. The breakfast seminar which was organised in Lagos by Pedabo Limited, a Consulting Firm – was themed ‘Surviving the Tides, the […]

Nigerian Breweries records N313bn revenue, to payout N28bn dividend

Nigerian Breweries records N313bn revenue, to payout N28bn dividend

The Board of Directors of Nigerian Breweries Plc has announced revenue of N313 billion for the 2016 financial year. The amount represents only a 6.7% growth from the N293 billion it recorded in 2015. An analysis of the audited results shows that Results from Operating Activities declined by 15 per cent to close at N52.9 […]

Goldberg Excellency: Otapo Bata Drummers lead at Cultural Contest

Goldberg Excellency: Otapo Bata Drummers lead at Cultural Contest

Otapo Bata Drummers from Abeokuta have emerged winners at the traditional drummers contest at the kick-off event of the Goldberg Excellency Tour in Abeokuta on Saturday, February 18, 2017. The group outperformed four other groups at the grand finale to cart home the coveted prize of N250, 000, Ayanwale Drummers clinched the second position and […]

Touching Lives: Airtel, Child Rights Brigade team on common ground

Touching Lives: Airtel, Child Rights Brigade team on common ground

Airtel Nigeria has announced that the next episode of Touching Lives, scheduled to run on television networks across Africa this Saturday, will feature an emotional story on child sexual abuse. Although not frequently reported, sexual abuse in minors is quite prevalent in Nigeria. A 2015 report by UNICEF (the United Nations International Children’s Fund) revealed that one in four […]

IJebulawa Garri announces availability in Shoprite, Spar, others

IJebulawa Garri announces availability in Shoprite, Spar, others

As part of effort to create easy access around its refined garri brand, Ijebulawa Garri, the foremost manufacturer of the garri brand has announced the availability of the commodity in major shopping malls across the country. The malls include Shoprite, Games, Spar, Justrite and Grandsquare. According to the manufacturer, Balkeem Nigeria Lmited, ‘’Ijebulawa Garri is now available in major […]

YIEDP fund: Heritage Bank ease disbursement of N3bn to beneficiaries

YIEDP fund: Heritage Bank ease disbursement of N3bn to beneficiaries

Heritage Bank Plc has made a “measured” entry into financing and empowering youths with the N3billion Youth Innovative Entrepreneurship Development Programme fund by the Central Bank of Nigeria, with the active participation of the National Youth Service Corps and the bank as the sole financial institution and operating vehicle for the disbursement of funds to […]

Soyoye becomes GTBank Independent Non-Executive Director

Soyoye becomes GTBank Independent Non-Executive Director

The Board of Directors of Guaranty Trust Bank Plc, has announced the appointment of Babatunde Soyoye as an Independent Non-Executive Director of the Bank. Mr. Soyoye is a seasoned professional with over twenty-four (24) years’ work experience, twenty-one (21) of which has been spent in investment/financial advisory services. He is the co-founder and Managing Partner […]

GTBank appoints Bolaji Lawal as Executive Director

GTBank appoints Bolaji Lawal as Executive Director

The Board of Directors of Guaranty Trust Bank plc, has announced the appointment of Mobolaji Lawal as an Executive Director of the Bank. Prior to his appointment, he was the Divisional Head, Digital Banking Division. Mr. Lawal who joined the Bank in 1992 as an Executive Trainee and rose through the ranks to become a […]

Guinness Nigeria unveils 2016 sustainability report, future goals

Guinness Nigeria unveils 2016 sustainability report, future goals

Guinness Nigeria Plc, has released its Sustainability Report for 2016, reporting its performance on various aspects of its operations, while outlining its sustainability targets for the future. The report was unveiled in Lagos on Wednesday, 15 February, 2017, at a formal ceremony attended by various stakeholder groups and partners such as the Federal Road Safety […]

P&G expresses commitment to women empowerment in Africa

P&G expresses commitment to women empowerment in Africa

Procter & Gamble, makers of Always pad and other household products recently announced a series of measures designed by the brand to support a push towards gender equality across the Africa region, the Indian Subcontinent and Middle East. The news was made public by Mr. Mohamed Sultan, Vice President, Arabian Peninsula, Procter & Gamble during a meeting of […]

Canon unveils range of new cameras, printers for African markets

Canon unveils range of new cameras, printers for African markets

Canon, a leader in imaging solutions, has reiterated its commitment to the African market by announcing the launch of its hero product EOS 5D Mark IV camera. Canon showcased their input to output professional consumer products covering both cameras and printers which are now available in the African region. Canon also announced the start of […]

Skye Bank Western Union promo produces 32 winners

Skye Bank Western Union promo produces 32 winners

Skye Bank Plc., have produced 32 winners in the on-going Western Union campaign across different business locations of the Bank. The winners who emerged through a raffle draw, won various prizes which include N60,000 worth of shopping vouchers for 10 Star customers who received and sent transfers through Western Union in Skye Bank; and N20,000 […]

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