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CATEGORY

Companies

Coronation Insurance Records First Loss Since 2013 on Rising Claims

Coronation insurance Plc has recorded its first net loss since 2013 as mounting obligation to policyholders results in deteriorating underwriting performance that hinders the...

Dangote Increases Sugar Production by 9.2% to 811,962 tonnes

For the full year ended December 31, 3021, the Management of Dangote Sugar has revealed that the group’s production volume increased by 9.2 percent...

UBA Delivers N153 Billion Profit, Records 11% Balance Sheet Growth

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited results for the full year ended December 31, 2021, reporting impressive...

Zenith Bank Electronic Banking Revenue Surges

Zenith Bank Plc is taking advantage of the proliferation of smartphones and youthful population to strengthen electronic banking products performance. There has been remarkable growth...

African Alliance Redeems MoneyCentral Editor’s Prize

…set to host NCRIB South South area committee Foremost life insurer, African Alliance Insurance PLC, has presented the star prize of a year-long Term Assurance...

Nestlé Nigeria Reports Revenue up 22.6% to N351.8 billion for 2021

Nestlé Nigeria Plc has announced its financial results for the year 2021. The company posted a revenue of N 351.8 billion recording 22.6% growth over...

Airtel gives free calls to support Nigerian families and friends in Ukraine

Airtel Nigeria, a leading telecommunications services provider, has announced that customers on its network can now call their loved ones, family members and friends...

Fraud: Sterling Bank Staff Bags 10 Years Imprisonment

A former staff of Sterling Bank Plc, Samuel Dare Arayode is to spend the next 10 years in a correctional Centre for stealing a...

EFCC: How Fidelity Bank Staff Stole Over ₦870 Million Within 3 Days

The Economic and Financial Crimes Commission (EFCC) has alleged that some staff of Fidelity Bank defrauded the bank and its customers of N874 million...

Dangote Cement Sustains Tax Charge of N173.93bn for 2021

Dangote Cement Plc has sustained its position as a leading contributor to Nigeria’s economy with a tax charge of N173.93 billion for the financial...

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