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VFD Group releases 2024 Q1 Unaudited Financial Results, records N2.6B PAT

VFD Group releases 2024 Q1 Unaudited Financial Results, records N2.6B PAT

News May 27, 2024 at 4:27 am 0 comments

  One of the nation’s frontline proprietary investment companies, VFD Group Plc, has  announced its Q1 unaudited financial results for the year 2024, reporting ₦2,620 billion profit after tax.     According to the result published on the NGX portal, the company’s balance sheet improved in the period under review as total assets hit N 261,908,692 billion, a growth ofRead More

Interest Rates Hike: Private sector may be thrown into deeper crises – LCCI warns

Interest Rates Hike: Private sector may be thrown into deeper crises – LCCI warns

News May 23, 2024 at 5:05 pm 0 comments

The recent hike in the interest rates, as announced  by the monetary policy authorities, may signpost a deeper crises for the nation’s private sector, the Lagos Chamber of Commerce and Industry (LCCI), has warned.   The Chamber, in its reaction to the recent interest rates hike, on Wednesday, warned that such hike would throw the private sector to more profoundRead More

NB Plc reiterates commitment to MToY Award….says no plans to rest the teachers’ event

NB Plc reiterates commitment to MToY Award….says no plans to rest the teachers’ event

News May 22, 2024 at 5:01 pm 0 comments

  The Nigerian Breweries  (NB) Plc, organisers of the annual Maltina Teacher of The Year (MToY), has said it remains committed to the annual teachers’ celebration, despite the present  unfavourable economic situation in the country.   The company gave the assurance while flagging off the 2024 edition of the competition, in Lagos, recently.   Speaking at the event, the company’sRead More

Interest Rates Hike: NECA expresses concerns…says it will hurt investment decision

Interest Rates Hike: NECA expresses concerns…says it will hurt investment decision

News May 22, 2024 at 4:22 pm 0 comments

    THE Nigeria Employers’ Consultative Association (NECA) has decried a further hike in the interest rates, by the Central Bank of Nigeria (CBN), insisting frequent  hikes  in policy rate will continue to hurt investment decisions in the private sector.     The association made this position known in a statement, issued by its Director General, Mr. Adewale- Smart Oyerinde,Read More

Exceptional customer experience, resilience, key to our success story at 75- UBA

Exceptional customer experience, resilience, key to our success story at 75- UBA

News May 21, 2024 at 9:11 pm 0 comments

  One of the nation’s frontline financial institutions, United Bank for Africa (UBA), has attributed the feats it has been able to record in the last 75 years to its commitment to exceptional customer experience, sound strategies and resilience.     Speaking at the Global Press Conference, organised  by the bank, to flag-off a year-long activities to mark the bank’sRead More