Transnational Corporation Plc (Transcorp) has released its financial results for the full year ended December 31, 2022, demonstrating significant improvements in its major income lines. The conglomerate with investments in the Hospitality, Power, and Oil & Gas sectors, recorded growth in its profit before tax, which rose by 8% to N30.3 billion compared to […] The post Transcorp Reports N135bn Total Revenue, N47bn Profit in 2022 appeared first on Business Journal ..read more

  Oliver Alawuba Group Managing Director/CEO UBA Plc Africa’s Global Bank, United Bank for Africa (UBA) Plc has released its audited financial results for the full year ended December 31, 2022, showing impressive performance across major indices. The 2022 financials, filed by the Bank at Nigerian Exchange Limited (NGx) on Thursday, showed that gross earnings […] The post UBA: N11tr Total Assets, N201bn Profit, 90kobo Dividend in 2022 appeared first on Business Journal ..read more

  Nestlé, makers of MILO, Maggi, and many other global food brands, has acknowledged that the nutritional value of less than half its portfolio of mainstream food and drinks can be considered “healthy,” based on the HSR health score just released. The remaining 50% of its products failed to meet the standards of the latest […] The post Nestlé: ‘Only 50% of our Food, Drinks are Healthy’ appeared first on Business Journal ..read more

  By Philip Odiakose The role of media monitoring services in governance has become increasingly important in today’s rapidly changing media landscape. With the proliferation of social media and other online channels, decision-makers need to stay up-to-date with public opinion, emerging trends, and media coverage on specific topics or issues. In this article, we will explore […] The post The Role of Media Monitoring Services in Governance and its Application  appeared first on Business Journal ..read more

  Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has been recognised for its continued financial support to players in the agricultural sector in Nigeria. Sayed Farms Limited, producer and distributor of Day-old-Chicks and frozen poultry products across the country has praised Stanbic IBTC Bank for supporting agribusinesses with tailor-made and innovative financing solutions […] The post Stanbic IBTC Lauded for Continued Support for Agribusinesses appeared first on Business Journal ..read more

  L-R: Mr. Edwin Igbiti, President, Chartered Insurance Institute of Nigeria (CIIN) decorating Ambassador Coker Aderonke Faidat, staff of Linkage Assurance Plc and Winner of the Nite of Talents and CIIN Ambassador 2023/2024 and Mrs. Yetunde Ilori at CIIN Nite of Talents ceremony held in Lagos. The post Linkage Assurance Staff, Coker Aderonke-Faidat is CIIN’s Ambassador 2023/24 appeared first on Business Journal ..read more

  Pix: Students at a Financial Literacy Programme organised by Wema Bank Plc to mark the 2023 Global Financial Literacy Day Wema Bank Plc is championing financial literacy for the next generation by participating in the Global Money Week to commemorate the Financial Literacy Day on March 23, 2023. In alignment with the theme “Plan […] The post Wema Bank Organises Financial Literacy Programme for Students to Mark 2023 Global Financial Literacy Day appeared first on Business Journal ..read more

  Seplat Energy has dragged its former chairman, ABC Orjiako before a Federal High Court sitting in Abuja, praying the court to declare the use of its official letterhead by Orjiako and his company, Amaze Limited, to make an offer in the sum of $300 million to President of the Federal Republic of Nigeria and […] The post SEPLAT Energy Files N5bn Lawsuit Against Ex Chair, Orjiako for Breach of Contract appeared first on Business Journal ..read more

  L-R: Welfare Officer, Independent Shareholders Association of Nigeria (ISAN), Williams Grace; Publisher, Business Journal, Prince Cookey; Treasurer, ISAN, Vitalis Anyiam; General Secretary, Eke Chibuzo; Publisher, SuperNews, Ngozi Onyeakusi; National Coordinator, Moses Igbrude; Publisher Inspenonline, Chuks Udo Okonta; Publisher, Bislad News, Bisi Bamishe; Assistant Financial Secretary, Wahab Ajani and Insurance & Pension Editor, Nation Newspaper, […] The post Shareholders Lament Foreign Acquisition of Local Insurance Firms   appeared first on Business Journal ..read more

Reliable sources at the Central Bank of Nigeria (CBN) says the apex bank will flood the banking system with more old Naira notes within the week to ease the ongoing cash crunch in the country. The sources re-emphasised that banks have been instructed by the CBN to collect the old Naira notes till December 31, […] The post CBN Promises More Old Naira Notes in Days to Ease Cash Crunch appeared first on Business Journal ..read more