Stanbic IBTC releases mid-year audited results, records profit after tax of N36.2b

Stanbic IBTC Holdings PLC, a member of the Standard Bank Group, has announced its mid-year audited results for the period ended June 30, 2019. The Group also announced an interim dividend of 100 kobo. According to the Stanbic IBTC’s income statement, the Group recorded an increase in gross earnings to N117.4 billion, representing a 3 percent growth. The company also maintained its total operating income of N94 billion. Profit before tax stood at N44.7 billion, while profit after tax was N36.2 billion. Other results reflect an increase in non-interest revenue…

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AMCON not recruiting now – Spokesperson

The attention of Asset Management Corporation of Nigeria (AMCON) has been drawn to the continuous activities of impostors and fake news websites that are spreading falsehood regarding “AMCON 2019/2020 Recruitment Exercise.”   To avoid falling into the deadly trap of fraudulent agents, the public is hereby informed that these stories are brazen falsehood, and are meant to mislead innocent job seekers as well as the public as AMCON is not currently recruiting and did not engage any agency whatsoever to recruit on its behalf.   We therefore call on all…

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Court acquits, discharges jonathan’s aide, Dudafa, other over alleged N1.6bn fraud

A Federal High Court sitting in Lagos, today, discharged and acquitted Dr. Emmanuel Waripamo-Owei Dudafa,  Senior Special Assistant to former president Goodluck Ebele Jonathan, who was charged before the court for conspiracy, forgery and laundering of the sum of N1.6 billion levelled against him and a banker Mr Iwejuo Joseph  by the Economic and Financial Crimes Commission (EFCC). Also discharged and acquitted alongside Dr. Dudafa, on the alleged offences, is a banker, Iwejuo Joseph. At the delivering of the judgment today, the EFCC was represented by Rotimi Oyedepo, while  Dudafa was…

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We generate $80m annually on our MRO – Mesfin Tasew, COO of Ethiopian Airlines

Mesfin Tasew , the chief operating officer, COO of Ethiopian Airlines is an experienced African aviation professional. Mr. Mesfin joined Ethiopian Airlines in 1984 as Associate Engineer and progressed through the ladder and served in supervisory and managerial positions in the technical areas. In this interview with Aviation journalists in Lagos on Thursday, Mesfin speaks on the relevance of its Maintenance Repair and Overhaul MRO, Facilities to the airline industry in Africa, the need for the government to play an active and driver role of facilitating the development of the…

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