By Kayode Tokede At 77.4 per cent and 75.4 per cent, Sterling bank plc, and Union Bank of Nigeria Plc, according to Nigerian NewsDirect investigation led other Tier-2 banks in Cost-to-income ratio in 2020. Cost income ratio (CIR) is used to…
By Goke Ilesanmi The concept of mergers and acquisitions has long been considered one of the fastest routes to business growth. Yet, experience has shown that most mergers fail to achieve the expected synergy and are more often counterproductive at…
…Famuyibo and Sambo Become Independent Non-Executive Directors …Ozoude is MD/CEO of Tran-Afam Power Ltd; and Ikenga is MD/CEO, Transcorp Energy Ltd. The Board of Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s largest listed conglomerate a leading investor in the Nigerian…
Author: Andrew Griffiths Publisher: Diamond Publishing Reviewer: Goke Ilesanmi For any business to survive and achieve profitability, it needs customers. To get enough customers, effective marketing is very important. Let us therefore examine this text with the…
Barth Ndubuwah,Port Harcourt Unknown gunmen were said to have attacked security check points along Isiokpo-Elele,in Ikwerre Local Government Area of Rivers State, Saturday night, allegedly killing some military, police and Customs officers in process. When contacted,the Public Relations Officer of…
By Kayode Tokede The Securities and Exchange Commission (SEC) has again urged investors in the capital market to register for e-dividend so that they can receive the benefits of their investments in the capital market. This was stated by Executive…
By Kayode Tokede Fidelity Bank plc audited result and accounts for financial year ended December 31, 2020 showed impressive performance in customer deposits and loans and advances to customers. This impacted positively on total assets in the year under review…
Mr Hamidu Sarki has been declared winner of the Kuje Area Council Chairmanship primary elections under the All Progressives Congress (APC). The Chairman of Kuje Area Council electoral committee, Malam Alwan Hassan, who announced the result, said Sarki polled a…
By Kayode Tokede The Chairman of FBNQuest Merchant Bank, Mallam Bello Maccido, has expressed that the bank outlook for 2021 is anchored on three important pillars – Optimisation, Innovation and Partnerships. The Chairman in a statement stated that the bank…
By Kayode Tokede The Nigerian Exchange Limited (NGX) All-Share Index and Market Capitalization appreciated by 1.27 per cent to close the week at 39,301.82 basis points and N20.568 trillion respectively. Bargain hunting in banking stocks was the overarching theme during…
