Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc (“Transcorp Group has announced its unaudited results for the first quarter ended March 31, 2025.Transcorp Hotels recorded an impressive Year on Year revenue growth of 52per cent from N13.8billion in Q1, 2024, to N21.0billion in Q1, 2025.This strong growth reflects enhanced operational performance.With the recent...
The Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, has been admitted to the prestigious Freedom of the City of London in a distinguished ceremony held at the Mansion House, City of London, on Monday, April 7th, 2025.This prestigious accolade is a testament to Mr. Ovia’s exceptional contributions to the global financial landscape,...
Fidelity Bank Plc has reported a pre-tax profit of N385.2 billion for 2024, representing a 210 per cent growth compared to the N124.3 billion recorded in 2023.The bank, in a statement released on Monday, declared a total dividend of N2.10 per share following its strong financial performance in 2024.Gross earnings increased by 87.7 per cent...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has outlined its roadmap for the 2025 financial year, with a strong focus on innovation, digital transformation, physical and financial strength as well as its global reach.On the back of its full-year financial performance for the year 2024, which was released to stakeholders on Tuesday, the...
Zenith Bank Plc has announced its audited financial results for the year ended December 31, 2024, delivering significant growth across key performance indicators. The Bank’s impressive performance reflects effective management and pricing of its risk assets, as well as an optimized treasury portfolio, reinforcing its position as a leader in Nigeria’s banking industry.According to the...
Africa’s Global Bank, United Bank for Africa (UBA) Plc on Friday, hosted the 60th President of the Institute of Chartered Accountants of Nigeria (ICAN), Chief Davidson C. S. Alaribe, FCA, in a meeting aimed at fostering collaboration and innovation between both institutions.The meeting signalled a pivotal moment in the relationship between the two institutions, as...
The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering entrepreneurs is set to announce the 11th cohort of the TEF Entrepreneurship Programme on Saturday, March 22, 2025.The 2025 announcement comes at a critical time, as Africa’s entrepreneurship ecosystem faces funding constraints and global economic headwinds.TEF continues to provide much-needed support, empowering African entrepreneurs to transform...
As part of activities to mark the 2025 International Women’s Month, Africa’s Global Bank, United Bank for Africa (UBA) Plc held the quarterly edition of its Business Series event where trailblazing female leaders from diverse industries shared personal insights on overcoming systemic challenges, driving change, and redefining success.The hybrid event which was held at the...
Heirs Holdings has announced a further strategic leadership appointment, with Chidi Okpala becoming Executive Director – Payments, Group Integration & Strategy (PGIS).Chidi will oversee Heirs Holdings’ technology and healthcare business sectors and will also be responsible for driving synergies across the Group.He will additionally direct the HH Group’s strategy in the payment space, as HH...
Tax experts have emphasized the importance of Small and Medium Scale Enterprises (SMEs) paying close attention to documentation and agreements to ensure they avoid unnecessary tax liabilities.This advice was shared during the first edition of the United Bank for Africa (UBA) Knowledge Series webinar, in the year titled “2024 Withholding Tax Regulations: Specific Emphasis on...
The Attorney-General of the Federation, Mr Lateef Fagbemi (SAN), has hailed Monday’s decision by the Supreme Court, affirming the President’s power to declare emergency rule in any state of the federation. This is contained in a statement issued by Mr Kamarudeen Ogundele, the Senior Assistant to the President Communication and Publicity office of the AGF...
The Association of Resident Doctors, University of Abuja Teaching Hospital (ARD-UATH), has urged Nigerians to be more conscious of their health and adopt preventive measures to avoid falling sick. The President of ARD-UATH, Dr Adewale-Adeleye Premiere, made the call during a medical outreach organised for police officers at Mopol 44 Barracks, Kuje, Abuja, and their...
The Central Bank of Nigeria (CBN) has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc. This is according to a statement by CBN’s Acting Director, Corporate Communications Department, Hakama Sidi-Al. Sidi-Ali said the action was part of the apex bank’s efforts to re-position the mortgage sub-sector...
Nigeria’s digital healthcare sector could grow to 3.3 billion dollars by 2030, according to the News Agency of Nigeria, signalling expanding investment, technology adoption, and opportunities within the country’s health industry. A Consultant Public Health Physician at the University of Ilorin Teaching Hospital, Dr Sarumi Olakunle, disclosed this Tuesday in Ilorin during a paper presentation...
The Nigeria Police Force had insisted that there was no court order that restrained the force from enforcing tinted glass permit as being speculated. The Force Public Relations Officer, CSP Benjamin Hundeyin told newsmen on Tuesday in Abuja that the order being talked about was to maintain status quo on the issue. He said the...