Zenith Bank Declares N174bn Profit

By Bayo Bernard Top new generation bank, Zenith  Bank Plc, has declared N174 billion as its gross Profit-Before-Tax, PBT for the year ended 2017. The figure is higher than the N140 billion the bank posted as Profit-Before-Tax in 2016, a sharp improvement of more than 24 per cent.  While making this disclosure at its 27th Annual General Meeting in Abuja on Friday, the bank’s Chairman, Jim Ovia said the bank’s Profit-After-Tax rose by 32 per cent, from N119 billion in 2016 to N157 billion in 2017. Ovia said the performance…

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Merger: MARAN Swallows MAJAN, Reconciles Old Members

By Bayo Bernard The President of the Maritime Reporters Association of Nigeria (MARAN), Anya Njoku has said that his tenure will experience adequate reportage of the industry. It’s a new dawn for the association, Njoku said during the inauguration of a new set of executives, who will run the affairs of the association for the next three years. Other members of the executives are Bayo Bernard ( Vice President), Dapo Olawuni ( Secretary General), Samson Echenim (Ass. Secreatary), Onigbinde Yinka (PRO), Esther Komolafe- Hasan ( Treasurer), and Joy Enamuna (Financial…

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Wolverhampton Wanderers Gain Premier League Status

Championship leaders Wolverhampton Wanderers marked their promotion to the English Premier League with a commanding 2-0 win over struggling Birmingham City on Sunday. Nuno Espirito Santo’s side had already been guaranteed a lucrative place in the top flight 24 hours earlier when promotion rivals Fulham were held to a draw by Brentford. Diogo Jota got the party started at Molineux as his 17th goal of the season put Wolves on course for victory after 21 minutes. Birmingham were reduced to 10 men in the 52nd minute when Harlee Dean was…

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Intrigues As Buhari Ditches Osinbajo

By Chidiebere Onyemaizu   Calculations as to how best to ensure President Muhammadu Buhari wins next year’s presidential election have become a huge threat to Vice president Osinbnjo’s political future. The All Progressives Congress, APC said last week that the decision to retain or drop the Vice President,Professor Yemi Osinbajo as Buhari’s running mate in 2019 lies with the President himself. This magazine has gathered that the statement stemmed from plots within the president’s inner caucus to have Osinbajo replaced as VP next year. There are suggestions that for political…

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Gold Coast 2018: Nigeria Finished 9th On Medals Table

The 2018 Commonwealth Games, tagged ‘Gold Coast 2018’, ended yesterday in Australia with Nigeria placed ninth with nine gold, nine silver and six bronze medals. The country won two gold, two silver and one bronze in athletics and two bronze in boxing. The powerlifters won four gold and two silver while the table tennis team won three silver. The wrestling team won three gold, two silver and three bronze. Nigeria won 11 gold, 11 silver 14 bronze to place eight at the 2014 edition of the Games in Glasgow in…

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EPL: Guardiola’s Manchester City Are Champions

Manchester City were confirmed as Premier League champions without kicking a ball on Sunday as rock bottom West Brom stunned Manchester United with a 1-0 win at Old Trafford. United simply had to avoid defeat to keep the title race mathematically alive, but a late header from Jay Rodriguez gave West Brom a hugely surprising three points and finally gave their fans something to cheer this season. More importantly, though, it means Pep Guardiola’s City team cannot now be caught at the top of the table, thus handing the Catalan…

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Race for 2019: Obasanjo intensifies efforts to oust Buhari

Sequel to meetings he has had with many stakeholders at Protea Hotel, Lagos, former president Olusegun Obasanjo is stepping up his game of ousting the current president Mohammadu Buhari in 2019. He is currently scheduled to meet the Yoruba elder statesman, Olu Falae, who he once contested against for the presidency. In recent times, Falae has been a victim of kidnap by Fulani herdsmen, who has been unrelenting in his attack on his farm. Once, they were alleged to have burnt his farm. Obasanjo has met with the former Kano…

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JSS 2 Dropout Kills Girlfriend Over Pregnancy

A commercial motorcycle rider, Stephen Gyang, have been arrested by the Plateau State Police Commissioner for allegedly killing his girlfriend, Alice Samuel, and burying her remains in a shallow grave. Gyang allegedly killed the victim for wanting to force her pregnancy on him. The deceased and Gyang were dating for some time now before he allegedly killed the victim over unwanted pregnancy. The 20-year-old Junior Secondary School two dropout said he killed his girlfriend because she had initially said he was not responsible for the pregnancy. He said she recanted…

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ANLCA: Shittu Out, Nwabunike In

By Stephen Ubanna For much of March and earlyApril, 2018, Olayiwola Shittu, who, until Saturday, April 14, 2018, was president , Association of Nigeria Licensed Customs Agents, ANLCA, and his successor Tony Iju Nwabunike, a pioneer Chairman of the Council for  the Regulation of Freight Forwarders in Nigeria, CFFRN,  were said to have set in motion the machinery for handing of power to the incoming president of the Association. The duo were said to have  set up an inauguration Committee to handle the assignment. The duo were also said to…

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Exports: Nigeria Still Experiencing Deficits In trade

By stephen Ubanna Barely three years after President Muhammadu Buhari  initiated fiscal policy measures to boost export of made in Nigeria goods and Agricultural products, the much expected balance of trade between Nigeria and its trading partners in Europe, North America, Asia and  East Africa  is yet to be achieved. This is evident going y the weekly export and import report at the nation’s premier, Apapa, cited by the Magazine last Friday, April 13, 2018 at the port.  The record showed that in one week alone, Nigeria exported Cocoa beans,…

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