Transcorp Delivers Robust Q3 Results, Record 671% PBT Growth

Nigeria’s leading and largest listed diversified conglomerate, Transnational Corporation of Nigeria Plc (Transcorp) has released its unaudited results for the third quarter ended September 30, 2021, indicating sustained growth in 2021 as seen in the first two quarters of year. With strategic investments in the Power, Hospitality, and Energy sectors, the conglomerate recorded a profit after tax of N13.5bn, rising by 671% up from N1.75bn recorded in the previous year. Other […]

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Details of 40 Nigerian firms, individuals blacklisted by AfDB over corrupt practices

The African Development Bank has blacklisted at least 40 Nigerian firms and individuals for engaging in corrupt practices, fraud and collusive practices between 2017 and 2021, according to data obtained from the bank’s website. The AfDB said the firms and individuals were debarred “for coercive, collusive, corrupt, fraudulent, or obstructive practices under its sanctions system […]

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Eze Commends Dakuku, Jackrich, others for exposing the on-going rot in Rivers

The perpetual mismanagement and manifest diversion of funds meant for strategic human development schemes, profitable capital projects and other serious businesses of government under the administration of Gov. Nyesom Wike and the People’s Democratic Party, has taken a very scary dimension, such that has raised a big concern among enlightened populace and justifies the need […]

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