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Airstrike Hits Military Base South of Baghdad Used by Iran Backed Terror Organization
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One person was killed and six wounded in an airstrike on a military base used by Iraq's Popular Mobilization Forces (PMF) to the south...
UBA America Strengthens Commercial Diplomacy, Hosts Diplomats, Business Leaders at World Bank Summit in Washington
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UBA America, the United States subsidiary of United Bank for Africa (UBA) Plc hosted diplomats, government officials and business leaders to a networking reception...
Transcorp Hotels 315 Room Lagos Property to be Completed by 2027
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Transcorp Hotels is set to complete its 315 room Lagos hotel located in Ikoyi, Nigeria by 2027. The 20-storey plus hotel tower will help...
Ecobank Transnational Incorporated Repays $500 million Eurobond Due 18 April 2024
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In a testament to Ecobank Transnational Incorporated's (ETI) financial strength, the firm has successfully repaid its maturing $500 million 5-year Eurobond today.
This bond, which...
Transcorp Power Net Income Surges 665.77% in Q1 as Balance Sheet Remains Solid
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Transcorp Power Plc’s net income surged by 665.77 percent to N20.14 billion as at March 2024 from N2.63 billion the previous year, while its...
Just 10 Banks Churn Out 88% of NGX-30 Profit Amid Challenging Environment
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Eighty-eight percent of Nigeria corporate profits via the NGX-30 last year came from ten banks as investors were willing to pay up generously for...
Israel Attacks Iran With Drones, Missiles Defense Officials Confirm
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An Israeli drone strike targeted Iranian air force assets at Isfahan in central Iran early Friday morning, two Israeli defense officials and three Iranian...
Zenith, Access, UBA Are Nigeria’s Largest Banks by Profit
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It has never been this good for banks who made a lot of money in 2023 as the sudden devaluation of the currency that...
Nigerian Breweries to Shut 2 Plants as Part of Strategic Recovery Plan
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Nigerian Breweries Plc has indicated plans for a company-wide reorganisation aimed at securing a resilient and sustainable future for its stakeholders.
The Nigerian Breweries’ Business...
Fed Chairman Powell Signals Rates Will Be Higher for Longer
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Federal Reserve Chair Jerome Powell signaled policymakers will wait longer than previously anticipated to cut interest rates following a series of surprisingly high inflation readings.
Powell pointed to...