Guaranty Trust Bank (GTB) plc has released its unaudited financial results for the 3rd quarter ended September 30, 2015, to the Nigerian and London Stock Exchanges.A review of the 3rd quarter performance shows positive growth across all key financial metrics and improved strategic positioning of the brand. Gross earnings for the period under review grew […]
Continue ReadingThe Lagos State Rapid Response Squad, RRS, on Sunday arrested two men who specialize in the adulteration of dispensable jar and sachet water. The operatives of the RRS, reportedly acted on a tip-off which led to the arrest of the suspects, Chukwuma Uzor, (48) and Ofonime Ikpe (44) and three other accomplices at 3, Adesola […]
Continue ReadingLong queues and delays are not new to commuters at the Nigerian airports. From the ticket stalls to the check-in counters and even canteens at the waiting area, travelers find themselves caught in long and slow queues which become not only intensely boring and monotonous as time rolls by but brings on aching feet. The […]
Continue ReadingPlanes belonging to Arik Air, on Monday, brushed themselves while manoeuvring out of the apron at the General Aviation Terminal, GAT, of Murtala Muhammed Airport, Lagos. The tips of the two planes damaged and have been grounded to allow further investigation into the incident. The spokesman of the airline, Mr. Adebanji Ola, said in a statement: […]
Continue ReadingWhile some countries are having their airports ranked the best or among the best in 2015, Nigeria came top on the list of worst airports. Changi International Airport, Singapore, was named the best, Port Harcourt International Airport was named the worst international airport in the world for the year 2015. Of the 10 worst international […]
Continue ReadingPan-African financial services group, United Bank for Africa (UBA) Plc, yesterday, released its 9 months unaudited financial results for 2015 showing a strong 44% rise in profit after tax to N48.6 billion and a 17% rise in gross earnings to N247.2 billion. The third quarter results also shows Net Operating Income (NOI) recorded a strong 21% […]
Continue ReadingThe Nigerian National Petroleum Corporation (NNPC), Nigeria Port Authority (NPA), Nigerian Maritime Administration and Safety Agency (NIMASA) and some other agencies are under probe by the federal government for fraudulent acts. The governor of Cross River state, Ben Ayade, revealed this in Abuja on Thursday at the end of a meeting of the National Economic […]
Continue ReadingPower is essential to the growth of any nation on the planet, Nigeria is not an exception. For a healthy economic growth, the power supply in Nigeria should be increased to 18,700 megawatts as against the 4,800 megawatts currently being generated across the federation, This leaves and additional 13,900 megawatts. This was as revealed in […]
Continue ReadingNdem Nkem Nigeria is a fairly large country compared to some other nations within Africa, and while road and rail are major forms of transportation within the state, flying has proved to be a great time-saving alternative. Airports across Nigeria operate domestic routes and with the recent investments in new technology – both in the […]
Continue ReadingThe Nigerian National Petroleum Corporation (NNPC), on Tuesday, entreated Nigerians to stop panic buying of Premium Motor Spirit (PMS), stating that it has about 23 days of product supply in all its depots across the country. In reaction to the resurgence of fuel queues in some cities across the country, the NNPC, through Mr. Ohi […]
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