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…
On the 13th of March 2017, Transcorp Power Limited commissioned a 115MW gas turbine to much fanfare. This commissioning is one of three milestones the GENCO intends to achieve in order to increase the power plants total generating capacity to 850MW. This by all standards is truly an impressive feat considering the fact that the…
· 93,000 APPLICANTS – 55 COUNTRIES AND TERRITORIES · 1,000 ENTREPRENEURS SELECTED FOR AFRICA’S LARGEST ENTREPRENEUSHIP PROGRAMME The Tony Elumelu Foundation (TEF) is proud to announce the selection of 1,000 African entrepreneurs, creating the 3rd cohort of the 10-year, $100 million TEF Entrepreneurship Programme. Over 93,000 entrepreneurs, from 55 countries and territories in Africa,…
Shareholders Laud Transcorp Hotels’ performance, Approve dividend payment 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…
Tony 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 for the socio economic development of Africa, the Group Chairman UBA Plc, and…
The Minister of Works and Housing Raji Fashola is currently having it rough with Lagosians especially those who ply third Mainland Bridge because of the current poor state of the bridge which is posing a big threat to the lives of road users. As motorists and other road users groan due to the poor state…
In what looks like a well-scripted Nollywood epic and typical of interesting stories that usually trail the death of any Nigerian nouveau riche, just a few months after the death of frontline businessman Chief Olorogun Michael Ibru, his children are in a legal tussle over their paternity and the large estate of the multi-billionaire. Global…
He has so many precedents in the area of smooth propaganda and he could well be referred to as this administration’s spin doctor and the Goebels of the modern day Nigerian politics going by what he has achieved in the area mesmerizing the populace and his opponents with his smooth-talking by constantly calling black another…
As many people are now saying “happy days” are here with the recent policy of the Central Bank of Nigeria to ease the hardship occasioned by the high exchange rate of the dollar to the naira as the Apex bank is planning to sell 1million dollars weekly to each of the country’s 21 commercial banks…
