The increase was due to growth in the top-line and very strong management of the treasury portfolio that increased efficiency, resulting in a drop in interest expense by 12% from NGN121.1 billion in 2020 to NGN106.8 billion in the current year. Profit before tax also grew by 10% from NGN255.9 billion to NGN280.4 billion in the current year. This was on the back of 23% YoY growth in non-interest income from N251.7billion to N309billion and a 2% YoY growth in interest income from N420.8billion to NGN427.6billion. This is despite a challenging macroeconomic environment aggravated by the coronavirus (COVID-19) pandemic.ДЄccording to the bankвЂ™s audited financial results for the 2021 financial year presented to the Nigeria Exchange Group (NGX), the Group achieved year-on-year (YoY) growth in gross earnings of 10% from NGN696.5 billion reported in the previous year to N765.6billion. Its a best in class restaurant look and feelвЂќ, she maintained.

The aesthetic of the furnitureвЂ™s, and ambience setting from its drop-lights, shades of light, customer friendly signs, counter topography and meal arrangement all gives credence to the all вЂ“ new and contemporary look of the restaurant vis- a- vis what is obtainable outside the country.

This means that going forward, the market will be experiencing same look and feel as this across the various touch points where Mr BiggвЂ™s will be built. вЂќ It is worthy to note that the new design is the new direction for Mr BiggвЂ™s. Mr BiggвЂ™s in challenge is built with the latest brand -build design, contemporary in all ramifications and adorned to suit the lifestyle and taste of the Mr BiggвЂ™s consumer target вЂ“ Youths and Young adults. Mrs Ihekwaba, also added that as a leader in innovation, Mr BiggвЂ™s has set the pace again in responding to consumers need for a modern day restaurant that accommodates consumersвЂ™ needs in whatever sphere of life and the Challenge is in the middle of birthing of this new conceptДЄccording to her, вЂњthe birth of this iconic brand has opened up new possibilities for the teeming populations of Challenge and beyond to enjoy the vast array of meals rooted in the rich heritage of the Mr BiggвЂ™s brand. The Managing Executive of UAC restaurants, Mrs Joan Ihekwaba noted at the opening that the outlet was to meet the food needs of the teeming population of the people of Challenge with its array of great meal offering ranging from local delicacies like Amala, Gbegiri and Ewedu that appeals to the indigenes of the town and a popular local dish to continental meals like rice meals of fried, Jollof, Chinese and coconut variants that appeals to the general consumer profile of the brand.ДЄLSO READ Olubadan scuffle : Court adjourns SerikiвЂ™s case to 6th June. ItвЂ™s set to be so affordable with a jaw dropping menu and excellent customer service that is of global standard. The ambience speaks of quality and seemingly difficult to believe this is located on admiralty Challenge road, Ibadan. Owned by renowned astute businessman, Mr Femi Babalola, Mr Biggs restaurant, is simply exquisite with a state of the art finishing. The highly successful Quick Service Restaurant, United African Company (UAC) brand, Mr BiggвЂ™s on Thursday expanded its services to Challenge axis with a more promising experience for itвЂ™s highly loyal customers.

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