Category: Business

…Says Bag Of Goodies Promo Is To Lift Nigerians Chairman of Dangote Cement Plc, Aliko Dangote has promised to continue to do all within his power to help in alleviating poverty and spread wealth even as he charged Nigerians not to lose hope in the country. Speaking against the backdrop of commendations by winners in the on-going extended Dangote Cement bag of Goodies National Consumer Promotion in Akure and Asaba, the foremost entrepreneur said his joy is to touch as many lives as he could within the ambit of god…

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MTN has again lead the market share of the active subscribers for telephony services among the four major GSM operators in Nigeria with 37.20 percent while 9mobile still leads the porting trend in the telecommunications sector in Nigeria with over 7000 subscribers moved from other networks to its network (incoming porting) more than 6000 that moved in the last statistics released by the Nigerian Communications Commission, NCC in August 28, 2019. According to the latest statistics by the Nigerian Communications Commission, NCC as at October, 10 2019, Airtel got the…

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……Assures of Solid Governance Processes Pan African financial institution, United Bank for Africa (UBA) Plc has assured investors and shareholders of her continuous adherence to solid corporate governance processes as the bank honoured its ex-director, Chief Kola Jamodu. In a glitzy cocktail event and dinner in his honour at the Transcorp Hilton Hotel, Abuja, on Thursday, Jamodu was celebrated for his service on the bank’s board for 12 years as a non-Executive director. Accolades were poured on him, for his remarkable contributions to the group over the period that have helped…

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Access Bank’s expanded digital lending portfolio, which gives Nigerians quick and 24/7 access to funds for emergencies without any collateral, has hit a record N1billion daily in loan value. According to Victor Etuokwu, Executive Director, Retail Banking, Access Bank Plc, “We are at the forefront of digital lending across the continent. This is a deliberate choice we made when we introduced the first USSD based digital lending product in Nigeria based on our deep understanding of our operating environment. In the past two years, we have disbursed over 3.5 million…

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… Shareholders Applauds N24 Per Share Payment Shareholders of Dangote Flour Mills Plc (DFM), unanimously on Monday approved the acquisition of the company by Crown Flour Mills Limited, the Nigerian subsidiary of global food and agri-business conglomerate, Olam International Limited after a whopping payment of N120 billion to the shareholders. Olam International has made an offer for the acquisition of 100 per cent equity in Dangote Flour Mills Plc for a consideration of N24.00 per share. The acquisition was carried out through a Scheme of Arrangement.  Most of the shareholders who…

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…35 cars given out of 43 Not less than 35 saloon cars, worth N350 million, out of the 43 on offer in the extended on-going Dangote cement National Consumer Promotion tagged “Bag of Goodies have been won across the federation.   Group Managing Director of Dangote Cement Plc, Engr. Joseph Makoju who made this disclosure in Makurdi while presenting the star prize to a mason, Clement James just as the Benue state capital went agog as other prizes such refrigerators, five television sets and hundreds of Goodies Pack of Dangote…

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Pan African financial institution, United Bank for Africa (UBA) Plc, has again rewarded another 20 customers who have emerged winners in the final draw of the UBA Wise Savers Promo, winning N1.5 million each, bringing the total amount won by 80 customers for the duration of the draw to N120 million. The electronic raffle draw, which was held at the UBA Head Office in Lagos on Thursday, October 10th 2019, was witnessed by the relevant regulatory bodies including the National Lottery Regulatory Commission, Lagos State Lottery Board and Consumer Protection Council.…

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Lagos State Governor, Mr. Babajide Sanwo-Olu, weekend officially unveiled the Lagos chapter of Network of Financial Centres for Sustainability (FC4S Network) – a private-driven initiative working with the United Nations Environment Programme (UNEP) to provide sustainable finance for public sector development programmes. Speaking at the event held on Victoria Island, Governor Sanwo-Olu said the initiative was birthed in response to growing demand for private capital in the quest to deliver sustainable projects in environment, housing and infrastructure in line with objectives of UNEP. Sanwo-Olu reiterated his government’s readiness to partner…

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… As Employees Impact Host Communities As part of activities marking the 2019 Global Sustainability Week, employees of the pan-African conglomerate, the Dangote Group yesterday flagged off a Waste to Wealth initiative to create a sustainable environment, generate revenues from environmental waste, and also give back to the company’s host communities. The Company marked the Sustainability Week with the theme: “Our Community, Our Passion” with various activities held in the Lagos Head Office and across the plants and Business Units. These activities focused on investment programmes directed towards turning waste…

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