NOVA Merchant Bank Growth Trajectory Continues With N3.52bn Profit

NOVA Merchant Bank growth trajectory continues with N3.52bn profit

NOVA Merchant Bank Limited has released its audited results for the financial year ended December 31st, 2020, recording impressive growth across its major financial lines. The bank declared a profit after tax of N3.49bn in 2020 compared to N1.65bn in 2019 which represents a 112% increase. All the key financial parameters recorded major improvement over the prior year’s performance; Gross Earnings showed a quantum leap of 130% growth over 2019 and Profit Before Tax at N3.52bn recorded a 135% growth over the 2019 figure N1.5bn. On a similar note, the…

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George W. Bush Says He Was ‘Shocked’ by Public Reaction to His Friendship with Michelle Obama

George W. Bush Says He Was 'Shocked' by Public Reaction to His Friendship with Michelle Obama

George W. Bush had no idea that his bipartisan bond with Michelle Obama would lead to such a big reaction from the American public that is still felt today. In a new interview with CBS News’ Norah O’Donnell, the former president, 74, spoke about his friendship with the former first lady, 57, which first became apparent to the public when the pair who come from opposite political parties shared a hug at the Smithsonian National Museum of African American History and Culture in Washington, D.C. in 2016. “The big hug, yeah,” Bush said in reflection, before…

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Kate Middleton Honors Queen’s 73-Year Marriage With Diamond Necklace At Prince Philip’s Funeral

Kate Middleton Honors Queen’s 73-Year Marriage With Diamond Necklace At Prince Philip's Funeral

Kate Middleton wore a very special necklace to the funeral of Prince Philip at St. George’s chapel on Saturday morning. The Duchess of Cambridge, who arrived wearing a black Roland Mouret dress and fascinator, was seen wearing a diamond and pearl necklace that was on loan from Queen Elizabeth. The striking piece of jewelry was once worn by Princess Diana in 1982 when Queen Beatrix of the Netherlands arrived for a state visit, but it was originally fashioned for the Queen Catherine, Duchess of Cambridge during the funeral of Prince Philip, Duke of…

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Royal Summit To Decide Future Of Monarchy To Be Led By Prince Charles And Prince William

Royal summit to decide future of monarchy to be led by Prince Charles and Prince William

The Prince of Wales and the Duke of Cambridge will hold a summit to decide the future of the monarchy over the next two generations following the death of the Duke of Edinburgh. In consultation with the Queen, Britain’s next two kings will decide how many full-time working members the Royal family should have, who they should be, and what they should do. The death of Prince Philip has left the Royal family with the immediate question of how and whether to redistribute the hundreds of patronages he retained. Meanwhile the Duke…

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Nigeria, South Korea Sign MoU To Promote Cultural Exchanges

Nigeria, South Korea Sign MoU To Promote Cultural Exchanges

Nigeria through the National Council for Arts and Culture(NCAC) and the Korean Cultural Centre of the Embassy of the Republic of Korea in Abuja have signed a Memorandum of Understanding (MoU) aimed at developing and promoting mutual and cultural exchanges. The NCAC, Director-General  Otunba Segun Runsewe signed on behalf of the National Council for Arts and Culture and while the Director, Korean Cultural Centre, Mr. Lee Jin Su signed on behalf of the Korean Cultural Centre in Abuja. Speaking shortly after signing the MoU , Runsewe stated that the event…

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Premier League Clubs ‘Unanimously’ Reject Super League Plans

https://wakaaboutafrica.com/tottenham-fired-jose-mourinho-after-17-months/

The 14 Premier League clubs not involved in the proposed European Super League “unanimously and vigorously rejected” the plans at an emergency meeting on Tuesday. The clubs met with league chiefs and the English Football Association to discuss the breakaway competition — involving the “big six” of Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham. The Super League plans have been widely condemned by the football authorities in England, plus UEFA and FIFA, as well as by the British government, and appear to be deeply unpopular with fans. The…

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144 Nigerian Police Officers Deployed To Somalia To Train Somalia Police Officers

144 Nigerian Police Officers Deployed To Somalia To Train Somalia Police Officers

The Africa Union Mission in Somalia (AMISOM) has announced the arrival of a contingent of 144 policemen and women from Nigeria to boost stabilization efforts as well as train men of the Somalia Police Force. The officers, including women, departed Nigeria at the weekend. AMISOM Police operations coordinator Daniel Ali Gwambal said 30 of the police officers will serve under the AMISOM for one year. He said they will be deployed to Beletweyne in HirShabelle State while the rest will serve in various roles in the capital, Mogadishu. “They are…

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“Miyetti Allah Is A Well known Terrorist Group In The World” ~ Sen Abaribe Blast Gov Mohammed

“Miyetti Allah is a well known terrorist group in the world” ~ Sen Abaribe blast Gov Mohammed

The Senator representing Abia South Senatorial District at the red chamber of the National Assembly, Distinguished Senator Enyinnaya Abaribe earlier today rebuked the Governor of Bauchi State, His Excellency, Alhaji Bala Abdulkadir Mohammed over his recent speech where he declared that Miyetti Allah Cattle Rearers Association is not a terrorist organization. His reply was said to have come after an open briefing held at the Bauchi State House yesterday by Governor Mohammed and the Hausa- Fulani herders, Farmers, and Security agencies where the Governor declared support for the Miyetti Allah…

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VFD Group Plc receives SEC clearance for its proposed N4.13bn Right Issue.

VFD Group Plc receives SEC clearance for its proposed N4.13bn Right Issue.

The Lagos-based proprietary investment company, VFD Group, has received clearance from the Securities & Exchange Commission (SEC) for the proposed right issue of 7,452,054 Ordinary Shares of 50 Kobo each at N556 per share based on 1 share for every 16 shares held. The proposed right issue was approved by the Board of Directors at its Extraordinary General Meeting (EGM) which held on 23rd November 2020. The capital raise is part of the long-term strategic plan of VFD Group to harness the opportunities in selected companies that meet VFD Group’s…

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The War Against Russia’s Spies Just Cost Putin Billions From A Cancelled Nuclear Contract

The war against Russia's spies just cost Putin billions from a cancelled nuclear contract

Russia announced on Monday the expulsion of at least 20 Czech diplomats in a furious response to the gutting of Moscow’s most critical intelligence station in central Europe over the weekend when Czech authorities accused Russian intelligence of being behind two blasts at an ammunition storage facility in 2014. Czechia has accused a notorious Russian intelligence unit implicated in multiple operations across Europe and the UK of conducting two operations in 2014 that led to explosions at a munitions factory in 2014. At the time, the ammunition was said to be…

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