Transnational Corporation of Nigeria Plc (Transcorp) announced today that agribusiness subsidiary Teragro Commodities Limited has signed a memorandum of understanding (MOU) with the Benue State government to lease land to establish citrus farms in Ushongo, Benue. The Hon. Commissioner for Agriculture and Natural Resources, Donald Gbugho signed on behalf of the State Government alongside Permanent […]

Securities and Exchange Commission Suspends Albert Okumagba from BGL Board

Business tycoon, Albert Okumagba has been sacked From BGL Board.The stocking firm is facing allegations of monumental fraud. Okumagba was suspended as head of management of BGL Securities Plc by the Securities and Exchange Commission (SEC) as part of its oversight function. The Commission has immediately appointed an Interim Management Board (IMB) for the company […]

UBA Records Steady Growth,Grosses N290 Billion in 2014

UBA Records Steady Growth,Grosses N290 Billion in 2014

United Bank for Africa (UBA) Plc has released 2014 full year audited results showing that consolidation of its African operations and enhanced productivity across the group are sustaining the Bank’s growth momentum.  The results of the Pan-African Bank, released on Wednesday at the Nigerian Stock Exchange (NSE), show a 10% growth in gross earnings to […]