The Nation Newspaper Today Headline Friday 6th March 2020

The Nation Newspaper Today Headline Friday 6th March 2020

The Nation Newspaper Today Headline and news Dailies Update on current affairs happening now in Nigeria today 06/03/20

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Stanbic IBTC nets N75b profit in 2019

Stanbic IBTC Holdings Plc recorded a net profit of N75.04 billion in 2019 as the financial holding company sustained steady growths across key performance indicators. The board of the holding company yesterday indicated that it has recommended payment of N21 billion as dividend for the 2019 business year, implying a dividend per share of N2,

Youths torch suspect’s home after woman’s murder in Imo

From Chris Njoku, Owerri Police in Imo State have arrested one Boniface Oduele who allegedly conspired with his two fleeing sons Chinedu Oduele alias Bishop and Onyekachi Oduele aka Papa to kill one Rita Dike, 41. The incident happened on February 29, 2020, it was learnt. Sources said that the family of the suspects and that of

Gwarzo, Muhammad plead not guilty to corruption charges

Suspended Director General of Securities and Exchange Commission (SEC), Mounir Gwarzo and Principal Manager, National Identity Management Commission (NIMC), Jamila Muhammad have pleaded not guilty to allegations of corruption filed against them by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) at a High Court of the Federal Capital Territory (FCT), Apo, Abuja.

Man docked for ‘assaulting’ policemen

Our Reporter A 29-year-old man, Taofiq Rabiu on Thursday appeared before an Ota Magistrates’ Court for allegedly assaulting two police officers in the course of discharging their duties. Prosecutor Corporal E.O. Adaraloye said the defendant and others still at large committed the offences on February 29 at Idiroko Road, Ogun State. Read Also: Nursing mother arraign

Unity Bank introduces USSD in Nigerian languages

By Collins Nweze Unity Bank Plc has launched an Unstructured Supplementary Service Data, USSD banking in Nigeria’s three major languages – Yoruba, Hausa and Igbo. This makes Unity Bank the first Nigerian commercial bank to offer USSD in a local language. USSD transactions have gained traction over the past five years among bank customers, compelling

Firm launches 2020 range of inverters

By Collins Nweze Simba Industries, exclusive distributors of Genus power back-up solution including inverters, batteries and solar powered systems, has launched a completely redesigned range of inverters and batteries, with advanced technology and features, during their National Dealer Conference and Awards Ceremony, held in Lagos. The event was attended by several top stakeholders in the

StanChart grows full-year profit by eight per cent

By Collins Nweze Standard Chartered (StanChart) has grown its full year 2019 profit by eight per cent and improved earnings per share by 23 per cent in its  December 31, 2019 full year financial results. In a statement, its Group Chief Executive,  Bill Winters, said the bank said: “Discipline on the things we control and

NOVA Merchant Bank posts N1.65b in PAT

By Collins Nweze   NOVA Merchant Bank Limited has released its audited results for the financial year ended December 31st, 2019, recording impressive performances across its major financial lines. Specifically, the bank declared a profit after tax of N1.65 billion for the 2019 financial year representing an impressive 44 per cent growth compared to N1.15 billion

Brothel manager killed, eight abducted in Delta

From Okungbowa Aiwerie, Asaba Gunmen have killed a brothel manager and abducted eight persons in Issele-Azagba, a community in Aniocha North Local Government Area of Delta State. The deceased identified simply as Emeka was the manager of High Hope Guest House. The incident occured at about 8pm on Wednesday, and it is coming on the heels

Standard Bank issues inaugural $200m green bond with IFC

By Collins Nweze   Standard Bank of South Africa Limited has issued its first ever green bond, via private placement with IFC, a development finance institution focused on the private sector, part of the World Bank Group. It is a 10-year facility with the express purposes of raising capital for use in on-lending by Standard

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