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Day: May 2, 2017

Medical Certificate, Licence Of Crew Member Suspended Over Marijuana For 180 Days

…NCAA Conducts Alcohol, Drugs Tests On Aviation Personnel The Medical Certificate and License of a crew member who tested positive to psychoactive substance; Tetrahydro – Cannabinol (Marijuana) has been suspended by the Nigerian Civil Aviation Authority (NCAA) for 180 days effect from April,5 2017. The crew member tested positive when the regulatory body conducted a […]

Zenith Bank posts N44bn profit before tax in Q1 2017

Zenith Bank has released its first quarter (Q1) 2017 results. The results show strong double-digit growth in profit before tax (PBT) (38% y/y) to N44 billion and profit after tax (PAT) (46% y/y) to N39 billion. Both revenue lines contributed to the strong results as funding income grew by 21% y/y to N71 billion while […]

Bank of Industry records high profit before tax

The Bank of Industry (BoI) recorded operating profit before tax of N17 billion in 2016, a 44 per cent increase over the N11.9 billion recorded in 2015. A statement by the bank in Lagos said Its loans and advances also rose by 10 per cent to N171 billion in 2016 from N156 billion in 2015. […]

Kano state to generate N12 billion revenue monthly-Emir Sanusi

The Emir of Kano, Muhammadu Sanusi II, says Kano state government has the capacity to generate a monthly revenue of N12 billion if each of its estimated 12 million people is charged a flat monthly rate of One thousand Naira. The Emir who made the assertion during the launch of the state Presumptive Taxation for […]

Wapic Insurance advises Nigerians on target savings, explains SMART Plan benefits

Wapic Insurance Plc has reiterated the need for Nigerians to engage in target savings. Target Savings, a savings account that helps holders save money for a specific purpose, is fast becoming the norm in building a sustainable savings culture particularly where it concerns specific financial goals or objectives. This is something Wapic Insurance is fully […]