Transcorp Hilton Abuja Wins Four Awards at 2020 World Travel Awards

Transcorp Hilton Abuja has been honoured with four (4) awards including Africa’s Leading Business Hotel for the sixth consecutive year at the 27th annual World Travel Awards.  The hotel, which is owned by Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation of Nigeria Plc, also won the awards for Nigeria’s Leading Hotel, Nigeria’s Leading […]

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FG lists gains of 2020 Financial Bill; mentions reductions in duties for tractors, buses, others

Following Wednesday’s approval by the Federal Executive Council (FEC), the 2020 Finance Bill that seeks to provide more tax incentives for Nigerian businesses and individuals has been formally presented to State governors under the aegis of the National Economic Council (NEC), at a meeting presided over today by Vice President Yemi Osinbajo, SAN. Some highlights […]

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GTBank reports ₦167.4 billion PBT in 2020 Q3 unaudited results

Guaranty Trust Bank plc has released its unaudited financial results for the period ended September 30, 2020 to the Nigerian and London Stock Exchanges. The 3rd Quarter result shows improved performance across key financial metrics, reaffirming the Bank’s capability to navigate the current economic challenges occasioned by impact of COVID 19 on World economies. The […]

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UBA Deepens Retail Products, Services through Digital Channels across Africa

Pan African financial services institution, United Bank for Africa (UBA) Plc has deepened its retail products and services with an aim to delivering services aimed at meeting the needs of its customers across Africa. These services and product offerings, targeting at all classes of customers have been specifically tailored to meet the unique needs of […]

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Nigeria’s debt profile may hit N38trn in 2021 – Finance Minister

The minister of finance, budget and national planning, Zainab Ahmed, has projected that Nigeria’s debt profile would hit N38.68 trillion by December 2021. Speaking when she appeared before the senate committee on local and foreign debts on Tuesday, Ahmed estimated that both external and domestic debt would rise to N32.51 trillion by December 2020. According […]

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Foreign Affairs Minister laments: Nigeria is just owing monies left and right

The minister of foreign affairs, Godfrey Onyeama, has lamented the high debt the country is owing different countries and organizations. Onyeama made this known when he said the landlord of the building where the Nigerian embassy in Hungary is located is threatening to evict the embassy. The minister was speaking while defending the ministry’s 2021 […]

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#EndSARS: Access Bank to disburse N50bn interest-free loans to SMEs

Leading financial institution, Access Bank Plc, has announced a N50 billion support, in form of interest-free loans and grants to Small and Medium-sized Enterprises (SMEs), affected by the violence that trailed the #EndSARS protest in some parts of the country. The bank disclosed this information via its Twitter handle on Saturday. The peaceful #EndSARS protests […]

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