Monthly Archives: April 2018

UBA Holds 2018 Chairman’s Forum, Seeks Strengthening of Corporate Governance across Board

Group Chairman, UBA Plc, Mr Tony Elumelu; Group Vice Chairman, Amb. Joe Keshi; GMD/CEO, Mr Kennedy Uzoka; Deputy Group Managing Director, Mr. Victor Osadolor flanked by Group Board Members, Senior Management Executives, Board Chairmen and CEOs of UBA Subsidiaries across the globe, at the just concluded Chairman’ Forum held in Lagos

Pan- African financial Institution, United Bank for Africa Plc, last thursday, ended its annual Group Chairman’s Forum, a platform for group integration, re-strategising and knowledge sharing with the overall aim of puting the bank on firm standing to actualize its goals and targets for the financial year.
The theme of this year’s forum was focused on three main areas: ‘Efficient and effective communication across the group; Entrenchment of enduring corporate culture and corporate governance.

Oando PLC Performance on an Upward Trajectory as the Company Declares Profit of N19.8Bn (Fifth Profit in a Row)

oando

Oando has once again boosted shareholders confidence by publishing a N19.8bn profit after tax in its FYE 2017 financial results. Five quarters in a row, Oando PLC has sustained its trend of posting positive results.
Many would have thought that the Securities and Exchange Commission’s (SEC) investigation into the company, technical suspension of the company’s shares on the Nigerian Stock Exchange (NSE), and the full suspension of free trading of its shares on the Johannesburg Stock Exchange (JSE) in 2017 would negatively impact operations and in turn the financials of the company but this hasn’t been the case. The company once again defied the odds to post profits 405% higher than the year before.

Shareholders Commend Access Bank’s Consistent Dividend Pay-out

Access-bank-logo

Shareholders of Access Bank Plc on Wednesday commended the Bank’s consistent dividend policy while lauding the board on surpassing the N4 trillion mark on the Bank’s balance sheet. The shareholders also stated that the Bank’s corporate 5 year strategic objective will continue to enhance the Bank’s operations and ensure a more impressive dividend pay-out.

Access Bank Posts Impressive Earnings in Q1 2018

Access-bank-logo

Access Bank Plc has released its unaudited financial results for the first quarter (Q1) ended March 31, 2018 showing an increase of 19% in gross earnings to N137.5 billion from N116 billion in the corresponding period of March 2017, with interest income and non-interest income contributing 70% and 30% respectively.
The Bank recorded a Profit before Tax (PBT) of N27.4 billion while Profit after Tax stood at N22.1 billion from N22.4 billion in Q1 2017.

CHIVITA ACTIVE PROMOTES ACTIVE LIFESTYLE IN NEW C’MON GET ACTIVE CAMPAIGN

chi new

Chivita Active, one of Nigeria’s leading fruit juice brands, has launched a new communication campaign tagged C’mon Get Active. The campaign is designed to inspire consumers to get active and encourage wellness through active health, while reinforcing Chivita Active’s position as a high quality wholesome fruit juice and an enabler for a healthy active life.