Business News Society Trending News

Ooni Unveils Tingo Cola, Tingo Electric Drinks In Lagos, Says Nigeria Can Lead Africa To Contest In The Global Market

By: HighCelebritySquard   The Arole Oduduwa & Ooni of Ife, Ooni Adeyeye Enitan Ogunwusi, CFR, Ojaja II on Tuesday reaffirmed that the capability of Nigeria to lead the continent of Africa to  compete healthily in the global market with standard goods particularly when it comes to carbonated drinks, beverages and its likes. Flanked by his

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Exploring Economic Opportunities: Why You Should Buy Land In Sagamu With Adron Homes

By: HighCelebritySquard   Nestled in the heart of Ogun State, Sagamu stands as a beacon of economic potential in Nigeria. Its strategic location along major transportation routes, including the bustling Lagos-Ibadan Expressway and the proposed Lagos-Ibadan railway, positions it as a prime investment destination for those seeking lucrative opportunities in real estate. Sagamu’s allure lies

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WEMA Records 196 Percent Profit Before Tax In 2023 Financial Report

By: HighCelebritySquard   Wema Bank has announced its full Year 2023 Audited financial statement, recording profit before tax growth of 196 per cent from ₦14.75bn to N43.59 billion. The bank also proposed a dividend per share of 50kobo; up from 30 kobo in 2022 and deposit growth of 60 per cent to ₦1,860.57bn from ₦1,165.93bn

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New Cryptocurrency “Chambs” Launches With Innovative Mining Model

By: HighCelebritySquard   A new cryptocurrency, Chambs, has entered the digital market with promises of revolutionizing utility tokens. Offering a plethora of features and benefits, including payments, staking, and a cutting-edge web3 social media platform, Chambs has quickly caught the attention of crypto enthusiasts worldwide. Powered by the Solana blockchain, Chambs boasts a seamless and

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Full Year 2023: UBA Gross Earnings Rises By 143% Yoy, Profit Hits N757.7bn

By: HighCelebritySquard    ….Declares N2.30 kobo Final Dividend ….Total Assets Rise by 90.2% to N20.65 trillion ….Shareholders’ Funds Hits N2.0tn, achieving an impressive growth of 120.2%. In another unprecedented performance, Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended December 31, 2023, showing exceptional

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Moruf Oseni’s Wema Bank Incurs Over N9 Billion In Court Cases

By: HighCelebritySquard   Information reaching TheCommentNG has it that Moruf Oseni’s led Wema Bank PLC has incurred over N9 Billion in court cases as at December 2023. This was revealed in the bank’s full year 2023 financial statement which was released recently. It was also gathered that the previous year’s litigation claims was a little

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Banks Are In Good Stead To Meet CBN’s Recapitalisation Target – ACAMB

By: HighCelebritySquard   The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has assured the banking public that banks in the country have the wherewithal to meet the Central Bank of Nigeria (CBN) recent directives on recapilitalisation of the sector. The Association in a statement signed and released by its president, Rasheed Bolarinwa

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Nigerian Breweries Embarks On Strategic Recovery Plan, To Undertake ₦600 Billion Rights Issue.

By: HighCelebritySquard   Foremost brewer, Nigerian Breweries Plc, has begun the implementation of its strategic Business Recovery Plan aimed at securing a resilient and sustainable future for its shareholders and other stakeholders by notifying the Nigerian Exchange Limited (NGX) of its intention to raise capital of up to ₦600 billion (six hundred billion naira) by

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Coronation Group, Access Holdings Plc, Safaricom, M-PESA Africa Partner To Explore Remittances

By: HighCelebritySquard   A transformative collaboration aimed at broadening access to remittances across Africa has been forged among Coronation Group, Access Holdings Plc, Safaricom Plc and M-PESA Africa (the parties) as the parties come together in a strategic alliance dedicated to propelling financial inclusion and nurturing economic prosperity for millions across the continent. The parties

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Celebrating Senator Tokunbo Abiru @ 60: A Resounding Salute To An Exceptional Leader!

By: HighCelebritySquard   Senator Mukhail Adetokunbo Abiru, the Chairman, Senate Committee on Banking, Insurance and other Financial Institutions in the 10th Senate and the  Senator representing Lagos East Senatorial district is a man of extraordinary passion for the development of his people, his pursuit of excellence has driven him to a point where nothing but

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