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Daily Business News Brief – June 19th, 2024

19
Jun

Q1 2024: 10 Banks’ OPEX Up 103% to N1.58tn Amid Inflation, Others – Thisday
On the back of inflationary pressure, regulating levy, among others, operating expenses of 10 banks went up by a whooping 103 per cent to N1.58 trillion in the first quarter (Q1) ended March 2024/
This represents about 103 per cent increase when compared to N780.09 billion recorded in first the quarter of 2023.. ………………………………………………………………………………………………………………………………………….. .. . .,.. ………… …….. ………………… … .. …… ..  …. . ……….. ………. …………. . ….. . … …………….……..Read More
Awori: Ecobank Has Agenda to Drive Growth in Nigeria – Thisday
At the just concluded 36th Annual General Meeting (AGM) of Ecobank Group held in Togo, its Chief Executive Officer, Mr. Jeremy Awori expressed the group’s determination to strengthen remittances, among others in Nigeria, targeted at driving its overall growth..   . ….. ………………………………………………………………… ……………………… .. . .,.. ………… …….. ………………… … .. …… ..  …. . ……….. ………. …………. . ….. . … …………….……..Read More
Access Bank, SCIDaR to Enhance Health SMEs Financing – Thisday
Access Bank, has partnered with Solina Centre for International Development and Research (SCIDaR), a prominent non-profit organisation spearheading impactful health interventions across Africa to tackle financing challenges faced by over 200,000 health Small and Medium Enterprises (SMEs) in Nigeria… …………………….. . … .. .,…. .  . … ………. …………………..,……………………………………………….. …. …… . ……… . ……………… . …………………………. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More
TotalEnergies Marketing shareholders approve N8.49bn dividend – Vanguard
 
Shareholders of TotalEnergies Marketing Nigeria Plc have approved the proposed final dividend of N8.49 billion, amounting to N25.00 per share, for the financial year ended December 31, 2023.
They gave the approval at the company’s 46th Annual General Meeting, AGM, in Lagos and commended the Board and management for its consistency in dividend payout………. …. . …… .  . … ………. …………………..,……………………………………………….. …. …… . ……… . ……………… . …………………………. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More
Airtel launches submarine cable, taps Network International for payments processing – Dailytrust
Airtel Telesonic, the wholesale arm of Airtel Africa, has announced the activation of the 2Africa Submarine Cable System, marking a significant milestone in enhancing connectivity across the African continent.
The initial phase of activation connects Kenya, Tanzania and South Africa, heralding a new era of high-speed, reliable internet access.,.. .. … , . …… .  . … ………. …………………..,……………………………………………….. …. …… . ……… . ……………… . …………………………. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More
fake richard mille
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