Apple iPhone 7

Apple unveils iPhone 7

Apple Inc unveiled an iPhone 7 with high-resolution cameras and no headphone jack at its annual launch event Wednesday, though the biggest surprise was...
Kennedy Uzoka

African subsidiaries account for 25% of UBA’s profits – GMD

The Group Managing Director/ CEO, United Bank for Africa, Mr. Kennedy Uzoka, has said the bank's African subsidiaries contributed 25 per cent of the...

Ikeja Electric launches online chat to bridge gap with customers

Ikeja Electric PLC, Nigeria’s largest power distribution company, has launched an online “Live-Chat” service which enables customers engage with trained customer service representatives on...

IGI pays N3bn claims in 20 months.

Industrial And General Insurance Plc (IGI) has disbursed a whopping N3.2billion between January 2015 and August 2016 as payments for claims to its policyholders. Of this amount, N1.2 billion was paid...
Kennedy Uzoka

UBA records N166bn gross earnings, declares 20k interim dividend

United Bank for Africa Plc has recorded a gross earnings of N166 billion, a net operating income of N109 billion and profit before tax...

Swedish firm, Greenland Resources plan 1.5m tonne pulp mill in Cross Rivers

Swedish firm, Greenland Resources is seeking degraded land in Cross Rivers for a pulp mill to produce 1.5million tones annually. The mill which seek to generate over...

Dangote Flour returns to profitability after takeover

Dangote Flour Mills on Friday reported a profit before tax of N2.64 billion for the half year ended June 30, after its re-acquisition from...

Mupwaya takes over from Croucher as new Abuja Electricity CEO

The Board of Directors of Abuja Electricity Distribution Company (AEDC) has approved the appointment of Engr. Ernest Mupwaya as the new Managing Director/Chief Executive Officer...

Nascon records 23% profit growth for H1 2016

  Nascon Allied Industries Plc monday announced its financial results for the half year ended June 30, 2016, showing a growth of 23 per cent...

UBA’s GMD urges closer ties among African apex banks.

Outgoing Group Managing Director of United Bank for Africa (UBA) Plc, Philips Oduoza has called for increased collaboration among African central banks in order...