Zenith Bank
  • Air Algerie flight AH5017, en route from Burkina Faso to Algiers and carrying 116 people, has crashed, an Algerian aviation official told Reuters.

    "I can confirm that it has crashed," the official said, declining to give details of where the plane was or what caused the accident.

    Here is what w...

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  • By Farouk Martins Aresa: Yoruba n'ronu stomach infrastructure
    By Farouk Martins Aresa: Yoruba n'ronu stomach infrastructure Where are the Yoruba leaders? Using Stomach Infrastructure weapons against low information voters to win elections and beat democracy to dust. The emergence of Tinubu should have been a lesson that Yoruba are playing with fire when they claimed that firebrand leaders are needed to counteract “outside” fires. This is not being naïve, fire fighters amongst the Yoruba has never occupied pinnacle of leadership. They are sent to war. Learn from old Ilorin disaster. The carbon copy of Tinubu has…
    Written on Thursday, 24 July 2014 02:22 in Parliament
  • By Akintokunbo A Adejumo: The Inanity of “No Vacancy” of Political Positions
    By Akintokunbo A Adejumo: The Inanity of “No Vacancy” of Political Positions “MAKURDI—the Minister of Interior, Comrade Abba Moro has declared ahead of the forthcoming general elections that there would be no vacancy in Aso Rock come 2015. Moro urged all those aspiring for the position of president to jettison the idea and allow President Goodluck Jonathan to compete all the good works he started for the country.” NEWS STORY Mr Moro was informing us predictably and true to type. It is a Nigerian, and also a very African syndrome that officeholders…
    Written on Thursday, 24 July 2014 02:18 in Parliament
  • By Ela Rose: Letting Go
    By Ela Rose: Letting Go As I sit here writing this, it seems like the words never really can come together, I haven't written a post since because I have been thinking of the right ways to put this. In any case, I have decided to write it the way it has been flowing through my head. My post today is about setting the captive in your mind free, because I have realized that we all hold various grudges in mind or resentment for one…
    Written on Monday, 21 July 2014 22:49 in Parliament

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Recent News

  • Zenith Bank announces N46.7bn Q2 profit after tax
    Zenith Bank announces N46.7bn Q2 profit after tax Zenith Bank Plc has released its half-year 2014 results, declaring a profit after tax of N46.669bn for the bank. The bank’s PAT for the six-month period ended June 30, 2014 is 18.13 per cent higher than the N39.508bn it declared for the same period of 2013. The result, which the bank filed with the Nigerian Stock Exchange, showed that it grew its profit before tax by 19.67 per cent to N55.575bn from the N46.422bn it recorded in the first half of 2013. According to the result, the bank’s gross earnings at N174.569bn for the half-year period under review is 14.21 per cent higher than the N152.843bn it realised in the same period of last year. The bank’s total assets for the period stood at N2.879tn, 11.03 per cent higher than the figure for the corresponding period of 2013, which was N2.593tn. Zenith Bank Plc’s consolidated financial statements for the six-month period ended June 30, 2014 showed that the group grew its gross earnings by 7.84 per cent to N184.434bn when compared to the N171.024bn it posted for the same period of 2013. Like the bank, the group’s profit before tax and profit after tax also appreciated. While profit before tax…
    Written on Thursday, 24 July 2014 02:35 in Business and Economy Read 101 times
  • Nigerian Breweries records 14.4 percent growth in H1 profit
    Nigerian Breweries records 14.4 percent growth in H1 profit Nigerian Breweries (NB), in a filing on the Nigerian Stock Exchange (NSE) on Monday, said its half-year pretax profit grew to N33.88 billion, up 14.4 percent from N29.60 billion a year ago. Turnover also rose to N141.49 billion in the six months to June 30, compared with N133.81 billion in the same period of last year. Profit after tax at the local unit of Dutch brewer Heineken grew 15.5 percent to N23.87 billion from N20.66 billion recorded a year earlier.
    Written on Monday, 21 July 2014 21:30 in Business and Economy Read 340 times

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