In the first three months of the 2022 financial year, Dangote Cement has recorded a 24.2 percent increase in its revenue and an 18 percent increase in its profit after tax for the same period. Unaudited results for three months ended 31st March 2022, showed revenue of N413.2 billion and a profit after tax of₦105.9…
Day: May 17, 2022
UBA Upgrades Chatbot features, as Leo launches service on Google Business Chat, Instagram
United Bank for Africa (UBA) Plc has announced the expansion of the services of Leo, its Artificial Intelligence chatbot to Google Business Chat and Instagram. Leo – UBA’s AI-powered chatbot, which enables customers to make use of their social media accounts to carry out key banking transactions – was first introduced in January, 2018. It…
Nigerian Idol: Progress, Zadok, Battles for Grand Prize at Finale on Sunday
It has been a frenzied musical competition for the contestants on the Bigi-backed Nigerian Idol Season 7 and as it gets to almost the end of the show, with the grand finale on Sunday, 22 May, 2022. Progress and Zadok, the frontline contenders for the Idol crown, battles each other, trying to outwit one another…
EFCC Arrests Ahmed Idris, Accountant General of the Federation for N80b Fraud
The Operatives of the Economic and Financial Crimes Commission, EFCC on Monday, May 16, 2022 arrested serving Accountant General of the Federation, Mr. Ahmed Idris. According to a statement released the Commission, Ahmed Idris was arrested in connection with diversion of funds and money laundering activities to the tune of N80billion (Eighty Billion Naira) only.…
ICPC arraigns Professor over Alleged $40,000 Bribe
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arraigned one Professor John Kester Ifeanyichukwu over allegations of bribery and inducement of officers of the Commission. In a single-count charge brought before Honourable Justice A.O. Otaluka of the Federal Capital Territory (FCT), High Court 12, sitting in Apo, Abuja, ICPC is accusing the…
Dangote Cement Best Performing Stock – Nigerian Exchange
Africa’s largest Cement manufacturer, Dangote Cement Plc Dangote Cement Plc has emerged the Best Performing Stock of the Year 2021 by the Nigeria Exchange Group (NGX). Dangote Cement pride as the most capitalized company on the Nigeria Stock Exchange was named the best stock ahead of BUA Cement Plc and CAP Plc, during the 2022…