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Month: May 2024

Workers’ Day: Mediafuse-Dentsu Nigeria Promotes Employees, Raises Salaries

…As Funke, Marian, Kemi Become Managing Directors In recognition of the extraordinary contributions of its employees, a leading integrated marketing and communications agency, MediaFuse-Dentsu Nigeria, has announced significant promotions for a staggering number of its workforce. The promotion exercise saw the General Manager/Chief Operating Officer of Dentsu Creative, Funke Adekola; the General Manager/Chief Operating Officer […]

Unity Bank Marks Global Money Week, Engages Students on Financial Literacy

Unity Bank Plc has engaged students from all the geopolitical zones of the federation as it facilitated financial literacy training in 15 schools as part of activities to mark the 2024 Global Money Week. The Financial Literacy Training was held as a strategy for driving financial inclusion of the Central Bank of Nigeria and Bankers Committee. Unity Bank’s […]

NDIC Announces Increase In Maximum Deposit Insurance Coverage Levels For All Deposit-Taking Financial Institutions

Amaka Obiefuna The Nigeria Deposit Insurance Corporation (NDIC) has announced the New Maximum Deposit Insurance Coverage Levels for all deposit-taking financial institutions in Nigeria. Speaking today at a press conference in Lagos to give details on the new Maximum Deposit Insurance Coverage Levels regime, the Managing Director/Chief Executive Officer of NDIC, Mr. Bello Hassan, said […]

NGX Group Optimizes Operations Post-AGM, Releases Stellar Q1 ’24 Numbers

  Following its recently concluded Annual General Meeting, Nigerian Exchange Group Plc (NGX Group) has unveiled stellar Q1 2024 results, signaling a promising trajectory for the company. The Group reported an impressive N2 billion in Profit before Tax, bolstered by robust growth in operating margins and operational efficiencies. Profit after Tax soared to N1.3 billion, […]

Fidelity Bank Records A 120.1% Growth In PBT To N39.5bn In Q1 2024 

In line with its upward growth trajectory, leading financial institution, Fidelity Bank Plc, has posted an impressive 120.1% growth in Profit Before Tax from N17.9bn at the end of Q1 2023 to N39.5bn for Q1 2024. This was made known in the Bank’s unaudited financial statements released on the issuer portal of the Nigerian Exchange […]

Transcorp Group Delivers Impressive Q1 2024 Performance; Sustains Revenue Growth Of 173% And PBT Of N45 Billion

Transnational Corporation Plc (“Transcorp” or the “Group”), Nigeria’s leading, listed conglomerate with investment in the Power, Hospitality, and Energy sectors, has announced impressive Q1 financial results for the period ended March 31, 2024. In its Q1 2024 unaudited results, Transcorp reported significant year-on-year growth, with revenue rising to N88.6 billion from N32.4 billion in 2023, […]

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