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Tony Elumelu Speaks On Significance Of Oil Money To Diversify Nigeria’s Economy

By Kolawole Ojebisi Founder of Heirs Energies, Tony Elumelu, has said that ramping up oil production to generate revenue is crucial to the diversification of Nigeria's economic. Elumelu said this at the Heirs Enegies leadership forum on Thursday in Abuja. He emphasised the need for massive investment in oil and gas to power the country’s…

Rivers LG Poll: Why My Loyalists And I Adopted APP — Fubara Reveals

By Kolawole Ojebisi Governor Fubara of Rivers State has said it is not inordinate desire for power that made him to adopt the All Peoples Party (APP) as a political party In the just concluded local government Council election. Fubara said the move was not a matter of political structure but a move to meet…

Transcorp Group’s Market Capitalisation Records Significant Growth, Surges To Over N4.4 Trillion

By Abiola Olawal Nigerian Business mogul and banking expert, Tony Elumelu, has revealed that despite the harsh business operating environment, Transcorp Group’s combined market capitalisation on the Nigerian exchange grew from N114 billion to over N4.4 trillion. Elumelu made this revelation at the Transcorp Group’s 18th Annual General Meeting. The Chairman of the United Bank…

Tony Elumelu Celebrates Historic Achievement As UBA Clocks 75

By Abiola Olawale Nigerian business mogul and Chairman of United Bank for Africa (UBA), Tony Elumelu has celebrated the financial institution as it celebrates its 75th anniversary. Elumelu who spoke during the bank’s 62nd Annual General Meeting (AGM) said the financial reports of the financial institution in 2023 showed remarkable growth. Elumelu noted that the…

BOI Generates 2m Jobs As Profits Grow To N153bn

By Joel Okwara The Bank of Industry (BOI) has shown remarkable growth in its financial performance, despite the local and economic challenges, by generating two million jobs, with the bank’s profit hitting N153bn At the 64th Annual General Meeting in Abuja, the chairman of the shareholders’ committee, Mallam Muhammed Bala, announced that the bank’s total…

75th Anniversary: UBA Seeks Stakeholders Nod To Raise N500bn Recapitalisation

By Abiola Olawale As United Bank for Africa (UBA) celebrates its 75th anniversary year, the financial institution has announced plans to seek shareholders’ approval this Friday for its N500 billion recapitalisation. This move is in line with the Central Bank of Nigeria’s (CBN) efforts to strengthen the banking sector, a crucial step towards achieving the…

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Tony Elumelu Speaks On Significance Of Oil Money To Diversify Nigeria’s Economy

By Kolawole Ojebisi Founder of Heirs Energies, Tony Elumelu, has said that ramping up oil production to generate revenue is crucial to the diversification of Nigeria's economic. Elumelu said this at the Heirs Enegies leadership forum on Thursday in Abuja. He emphasised the need for massive investment in oil and gas to power the country’s…

Rivers LG Poll: Why My Loyalists And I Adopted APP — Fubara Reveals

By Kolawole Ojebisi Governor Fubara of Rivers State has said it is not inordinate desire for power that made him to adopt the All Peoples Party (APP) as a political party In the just concluded local government Council election. Fubara said the move was not a matter of political structure but a move to meet…

Transcorp Group’s Market Capitalisation Records Significant Growth, Surges To Over N4.4 Trillion

By Abiola Olawal Nigerian Business mogul and banking expert, Tony Elumelu, has revealed that despite the harsh business operating environment, Transcorp Group’s combined market capitalisation on the Nigerian exchange grew from N114 billion to over N4.4 trillion. Elumelu made this revelation at the Transcorp Group’s 18th Annual General Meeting. The Chairman of the United Bank…

Tony Elumelu Celebrates Historic Achievement As UBA Clocks 75

By Abiola Olawale Nigerian business mogul and Chairman of United Bank for Africa (UBA), Tony Elumelu has celebrated the financial institution as it celebrates its 75th anniversary. Elumelu who spoke during the bank’s 62nd Annual General Meeting (AGM) said the financial reports of the financial institution in 2023 showed remarkable growth. Elumelu noted that the…

BOI Generates 2m Jobs As Profits Grow To N153bn

By Joel Okwara The Bank of Industry (BOI) has shown remarkable growth in its financial performance, despite the local and economic challenges, by generating two million jobs, with the bank’s profit hitting N153bn At the 64th Annual General Meeting in Abuja, the chairman of the shareholders’ committee, Mallam Muhammed Bala, announced that the bank’s total…

75th Anniversary: UBA Seeks Stakeholders Nod To Raise N500bn Recapitalisation

By Abiola Olawale As United Bank for Africa (UBA) celebrates its 75th anniversary year, the financial institution has announced plans to seek shareholders’ approval this Friday for its N500 billion recapitalisation. This move is in line with the Central Bank of Nigeria’s (CBN) efforts to strengthen the banking sector, a crucial step towards achieving the…

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