UBA posts N89.1bn profit after tax in 2019 Blog Don't Miss economy Economy & Business Highlighted news February 29, 20208 United Bank of Nigeria (UBA) Plc has posted a profit after tax of N89.1 billion for the financial year ended Dec. 31, 2019. The profit after tax represented a growth of 13.3 percent to N89.1 billion compared with N78.6 billion recorded in the correpsonding period of 2018. Its profit before tax stood at N111.3 billion against N106.8 billion achieved in the comparative period of 2018. The result posted on the Nigerian Stock Exchange website shows that the bank’s gross earnings grew by 13.3 per cent to N559.8 billion in contrast with N494.0 billion recorded in the corresponding period of 2018. Its total assets also grew significantly by 15.1 per cent to an unprecedented N5.6 trillion for the year under review. Operating Expenses grew by 10.1
Washington governor declares state of emergency over coronavirus Blog Economy & Business Health Highlighted news February 29, 20200 The governor of Washington State, US declared a state of emergency Saturday after a man died there of new coronavirus (COVID-19), marking the first such reported death in the United States. Gov. Jay Inslee directed state agencies to use “all resources necessary” to prepare for and respond to the outbreak. The declaration also allows the use of the Washington National Guard, if necessary. “We will continue to work toward a day where no one dies from this virus,” the governor vowed. Health officials in California, Oregon and Washington state worried about the novel coronavirus spreading through West Coast communities after confirming at least three patients were infected by unknown means. The patients had not visited an area where there was an
FG: We’ll clamp down on those increasing the price of face masks, sanitiser economy Economy & Business Health Highlighted Lifestyle news February 29, 20204 The Federal Competition and Consumer Protection Commission (FCCPC) says it will take full action against any store found taking advantage of consumers by increasing prices of protective and hygiene products over the coronavirus case. Since Nigeria recorded its index case of the disease on Friday, face masks, latex gloves and hand sanitisers have become scarce commodities. TheCable had reported how prices of the items went up in some stores across Lagos. In a statement, Babatunde Irukera, chief executive of FCCPC, said the manipulation of prices over the coronavirus is a violation of the law and that the commission is set to prosecute any offenders. He asked consumers to be vigilant, and report “such unreasonable or arbitrary exploitative price increase or trade practices” to the
Watford end Liverpool’s 44-game unbeaten record Don't Miss Economy & Business Featured Highlighted Sports February 29, 2020February 29, 20202 Watford comprehensively defeated Liverpool, English Premier League leaders, 3-0 to end the Anfield club’s unbeaten record in the league. Two goals from Senegal’s Ismaila Sarr and a third from Troy Deeney consigned Liverpool to their heaviest defeat in two years. The Reds were aiming to set the record of 19 straight top-flight wins but Watford crashed Jurgen Klopp and his boys’ party, delivering a second half performance that lifted them off the bottom of the EPL table. Watford, winless in five games coming into this encounter, took the lead on 54 minutes when Sarr poked in from close range. The 22-year-old added the second six minutes later with a chip over Alisson Becker. The Hornets delivered the final sting 18 minutes from time through
Coronavirus: Make sanitary materials available at worship centres, CAN tells churches Don't Miss Economy & Business Editor Picks Health Highlighted February 29, 20200 Following the first confirmed case of the novel Coronavirus disease in Nigeria, the Christian Association of Nigeria on Saturday urged religious centres in the country to make sanitary materials such as soap and hand sanitisers available at worship centres effective Sunday. This was contained in a statement issued in Abuja by its acting General Secretary, Joseph Daramola. The organisation called on Nigerians to avoid panic, self-medication and crowded places. The statement read, “CAN urges every church to make water, soap and sanitizers available for worshippers before and after service, beginning Sunday. “We appeal to all Nigerians, irrespective of their religious and political persuasions, to embrace simple rules of hygiene regularly for safety reasons. “We call on the three tiers of government to rise up to
Lauryn Goodman cradles baby bump after revealing she’s expecting footballer Kyle Walker’s baby Blog Economy & Business Highlighted Lifestyle Sports February 29, 20200 She is expecting her first child with England footballer Kyle Walker. And Lauryn Goodman showcased her blossoming bump, as she posed in a black crop top while sat on her bed in a sweet snap she posted to Instagram on Saturday. Chloe Goodman's sister Lauryn, 29, cradled her stomach while looking down at her baby bump, while detailing her 'crazy' pregnancy journey in the caption. Lauryn opted for comfort as she teamed her top with a pair of cosy nude sweatpants, while sweeping her brunette tresses into a relaxed up do. Alongside the image Lauryn reflected on her pregnancy journey so far after visiting The Baby Show with her pregnant sister Chloe, 26, on Friday afternoon. Lauryn revealed earlier this month that she is pregnant
United States and Taliban sign deal to withdraw troops from Afghanistan Blog economy Economy & Business Highlighted News February 29, 20205 Mullah Abdul Ghani Baradar, the leader of the Taliban delegation, signs an agreement with Zalmay Khalilzad, US envoy for peace in Afghanistan, at a signing agreement ceremony between members of Afghanistan's Taliban and the US in Doha, Qatar February 29, 2020. Reuters The United States and the Taliban signed a deal on Saturday to start ending America’s longest war. The deal, signed in Doha, laid out how the US will begin withdrawing troops with a reduction from about 12,000 soldiers to 8,600 over the next 135 days and a full withdrawal within the next 14 months. The condition-based withdrawal will depend on the Taliban upholding their promise to cut ties with international terrorist groups such as Al Qaeda and to not use Afghan
Boris Johnson and partner Carrie Symonds announce they are engaged and expecting a baby Don't Miss economy Economy & Business Highlighted Lifestyle News news February 29, 20204 BORIS Johnson and Carrie Symonds are expecting their first baby together and have today announced their engagement. The "very happy" couple revealed the news tonight with their child due early in the summer. A court recently paved the way to finalise his divorce from estranged wife Marina Wheeler - which would leave him free to marry Carrie. Carrie, 31, and hubby to be Boris tonight confirmed the news. Writing on her private Instagram account, Carrie said: "I wouldn't normally post this kind of thing on here but I wanted my friends to find out from me... "Many of you already know but for my friends that still don't know, we got engaged at the end of last year... and we've got a baby hatching early
2Baba: 20 years a ‘warrior’ Economy & Business Entertainment Fashion and Trends Highlighted February 29, 20206 It’s his seventh studio album which stands him as a ‘Warriors’ in the Nigerian entertainment scene. Music artiste and songwriter, Innocent Ujah Idibia, famously known as 2Baba is one of the greatest musicians that has continue to dazzle the entertainment world for decades. For over 20 years, he has continue to wow his audience both young and old by rendering soulful music that preaches love and unity. No doubt, his social and political lyrics have transformative effects on the industry as a whole. When the 44-year-old singer took to his Instagram page to announced his new project titled, ‘Warrriors’. Nobody query the album title, people rather gives their thumb up for the music legend. He remains the cynosure of entertainment for this long
Deontay Wilder warns Tyson Fury ‘the war has just begun Blog Don't Miss Economy & Business Highlighted Lifestyle Sports February 29, 20204 DEONTAY WILDER has given the go-ahead to part three of his saga with Tyson Fury - by sending the Gypsy King a video message on Instagram revealing: "The war has just begun." The American, sensationally destroyed by the Brit in seven rounds in Las Vegas last weekend, called out Fury and set up a third match-up between the two heavyweights, set to be in July. Fury's outclassing of the Bronze Bomber was the first time the American has been stopped in his 44-fight career. It was a different story to the first clash between the pair when Wilder rocked Fury with a thunderous final-round punch. Wilder has blamed his assistant trainer for throwing in the towel in last week's rematch. He also blamed the heavy