Author: Newsjaunts
LAGOS.3.11.2023. Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, an indication of business growth and customer confidence in the Bank. A review of the lender’s unaudited nine-month results released to the Nigerian Exchange Group Limited showed that the Bank continued to maintain its expansionary and customer-centric model with total loans and advances rising to N222.8 billion, even as interest and similar income stood at N33 billion, which underscores the Bank’s strategic focus to reinvigorate and sustain asset…
The attempt to paint itself as the offended by Dangote in a recent 7-page advertorial has been exposed by BUA Group in a press statement chronicling how since 1991, Dangote has done everything possible to ensure that BUA does not compete with it in any of the areas where they both undertake business.BUA in its response revealed how it started out as a commodity trading company and in 1991, Dangote approached it to buy products only to issue a bounced cheque which was rejected by Societe Generale Bank. Despite this, Dangote went to court to to secure an exparte order to…
The attempt to paint itself as the offended by Dangote in a recent 7-page advertorial has been exposed by BUA Group in a press statement chronicling how since 1991, Dangote has done everything possible to ensure that BUA does not compete with it in any of the areas where they both undertake business.BUA in its response revealed how it started out as a commodity trading company and in 1991, Dangote approached it to buy products only to issue a bounced cheque which was rejected by Societe Generale Bank. Despite this, Dangote went to court to to secure an exparte order…
Comrade (Mrs.) Folake Ade-Adeniji has officially declared her intention to vie for the position of NAWOJ’s National Deputy President.The event took place at the prestigious Iwe Iroyin Press Centre in Abeokuta on Friday, November 3rd, 2023.The campaign launch attracted notable personalities, including distinguished guests such as Comrade Wole Shokunbi, the former Ogun NUJ Chairman of Ogun State Council, and Comrade Wale Olanrewaju, Chairman, Ogun State Council of NUJ. Also in attendance was Mr. Kayode Akinmade, the Special Adviser to the Governor of Ogun State on Information and Strategy, SSA on Information and the Senior Special Assistant on Information to the…
Gbenga Shaba, Editor-in-Chief and founder of multiple award winning Online Newspaper, Omonaijablog.com.ng, has emerged winner at the 17th edition of the Nigeria Media Night-Out Awards, NMNA, 2023 in the Publisher of the Year award category. Nigeria Media Night-Out Awards, NMNA is the leading award dedicated to the celebration of outstanding journalists and media practitioners in Nigeria and this year’s edition was a stand-out. The greatly valued awards which most media practitioners always look forward to was held at the prestigious B-Event hall of the Lagos Airport Hotel and had other media heavyweights, top politicians, and society bigwigs in attendance. Gbenga…
BUA Reacts To Sahara Reporters Story, Clarifies Bogus Tax Claims By FIRS And Company’s Immediate ResponseThe BUA Group has responded to an article published by Sahara Reporters today alleging that FIRS demanded a payment of 198.7Billion Naira being estimated tax for 2022.According to the statement from the conglomerate, in the exchange of communication between BUA and FIRS, the company had denied the 1Trillion Naira as alleged by the tax body stating categorically that it’s books are available for all to see. The company also revealed that it had reacted to the FIRS letter quoted in the article since the premise…
The BUA Group has responded to an article published by Sahara Reporters today alleging that FIRS demanded a payment of 198.7Billion Naira being estimated tax for 2022.According to the statement from the conglomerate, in the exchange of communication between BUA and FIRS, the company had denied the 1Trillion Naira as alleged by the tax body stating categorically that it’s books are available for all to see.The company also revealed that it had reacted to the FIRS letter quoted in the article since the premise given for the humongous tax of 198.7Billion which was the alleged 1Trillion turnover never existed. Attaching both…
Every October is Breast Cancer Awareness and Research Month, a time when the world comes together to raise awareness and support the fight against this devastating disease. As the pink month rounds up, we at Adron Homes stand in solidarity with all those affected by breast cancer and encourage everyone to be intentional about everything that promotes women’s wellness. The event which is a brainchild of the Executive Director of Finance at Adron Homes, Olori Aderonke EmmanuelKing, the breast cancer awareness and examination program has become a yearly mainstay in Adron Homes’ Pink Month schedule. Our staff from across the country…
A group of concerned citizens of Nigeria has submitted a petition to President Bola Ahmed Tinubu, calling for the immediate suspension and investigation of the Managing Director of the Rural Electrification Agency, Ahmad Salihijo Ahmad, over a litany of allegations, including gross misconduct, monumental fraud, and misappropriation of public funds. In the Petition, Mr. Ahmad Salihijo Ahmad was alleged to have engaged in gross misconduct and unethical behavior during his tenure. Furthermore, it claims that he has been involved in misappropriating public funds intended for electrification projects, with allegations reaching as high as 1.5 billion naira and 750 million dollars…
Lambast Muritala Ajaka for allegedly trying to compromise security agencies for sinister motives