Wema Bank’s AMCON levy increase by 56% in Q2 2016
Wema Bank's AMCON levy increase by 56% in Q2 2016 By Kayode Ogunwale With slight improvement in its earnings for unaudited second quarter ended 30 June 2016, Wema Bank Plc…
Lafarge Africa loses N30bn in Q2 2016
Lafarge Africa loses N30bn in Q2 2016 Lafarge Africa Plc has reported a loss after tax of billion in its second quarter ended 30 June, 2016. Lafarge had in second…
Lagos State Government applauds Astymin’s commitment to children’s education
Lagos State Government applauds Astymin’s commitment to children's education Lagos State Government has commended Astymin for its relentless commitment to the academic development of Nigerian Children through the brand’s annual…
UBA, MasterCard partners to drive financial inclusion in Africa
UBA, MasterCard partners to drive financial inclusion in Africa United Bank Africa (UBA) and MasterCard have announced a partnership which will see UBA act as the issuer for MasterCard in…
GTBank shareholders may receive interim dividend
GTBank shareholders may receive interim dividend By Kayode Ogunwale In spite of numerous challenges facing Nigeria economy at present, shareholders of Guaranty Trust Bank Plc may received interim dividend for…
Oando expects lower earnings in half year 2016 result
Oando expects lower earnings in half year 2016 result Oando Plc has said is expecting lower earnings for the second quarter of 2016 due to the impact of the Naira…
Zenith Bank refutes funding Fayose’s election
Zenith Bank refutes funding Fayose’s election The management of Zenith Bank Plc, has repudiated funding election of Ekiti State governor, Ayodele Fayose. The governor in June denied allegations by the…
SEC determined to raise market participation – Gwarzo
SEC determined to raise market participation - Gwarzo The Securities and Exchange Commission (SEC) has expressed its determination to raise the participation of retail investors in the Nigerian Capital market…
Turkey military stops coup attempt
Turkey military stops coup attempt Turkey’s Acting Military Chief of Staff, Umit Dundar has said the attempted coup by a faction of the armed forces has been quashed. The coup…
Pharma-Deco turnover drops 55% in half year 2016
Pharma-Deco turnover drops 55% in half year 2016 By Kayode Ogunwale Pharma-Deko Plc, a reputable pharmaceutical and consumer manufacturing company, has declared huge decline of per cent in its turnover…