N509.3bn PBT: GTCO Records Largest Ever Pre-Tax Profits In Nigeria
Overall, the Group continues to post one of the best metrics in the Nigerian financial services industry in terms of key financial ratios
Soaring effortlessly...
A journey from Agbonmagbe to Wema Bank: Nigeria’s fifth oldest bank...
Before its acquisition by the Western Nigeria Marketing Board, the bank flourished under the leadership of its founder
Wema Bank, one of Nigeria’s oldest banks,...
FCMB Group Records 186% Profit Growth, Proposes 50k Dividend
FCMB’s customer base grew by 15.6% YoY from 10.9 million to 12.5 million for the period ended December 2023
FCMB Group Plc grew deposits, loans,...
MTN Nigeria incurs N393 billion quarterly loss
MTN, the Nigerian operation of Africa’s biggest telecom company by revenue and subscriber base is still struggling as indicated by the net loss
MTN Nigeria...
Backward Integration: Dangote Targets 700,000MT of Refined Sugar in Four years
…As Q1 revenue rise by 20.1% to N122.7bn
“…During the year under review, despite the challenges we were faced with, the company significantly scaled up...
Dangote Cement truck not involved in Okene accident – Group clarifies
The said truck belonged to a third party who was using it for his cement business,
Dangote Cement Plc has disowned a truck laden with...
Zenith Bank Shareholders Approve Bank Transition To HoldCo Structure
The shareholders voted to transfer 31,396,493,787 ordinary shares of 50 Kobo each held in the issued and paid-up share capital of Zenith Bank Plc...
Nestle Scandal: NIDO Infant Formula Not Registered In Nigeria, Says NAFDAC...
“Nestle, the worlds largest consumer goods company, adds sugar and honey to infant milk and cereal products sold in many poorer countries, contrary to...
Dangote cement export of clinker, cement increased by 87.2%
The company recorded a Group revenue of N817.4 billion, even as profit after tax inched, up by 2.9 percent to N112.7 billion. Earnings per...
Fidelity Bank: Improved Share Price as Growth Indicator
The bank has continued to post commendable financial performance every quarter as it cements its position amongst leading banks in the country
When the management...