TAJBank Limited, Nigeria’s leading non-interest bank, says it recorded Profit Before Tax (PBT) of N1.6 billion in Financial Year 2021. The bank’s Managing Director, Mr Hamid Joda, said in a statement that the growth represented 433 per cent improvement on…
The key performance indicators of the Nigerian Stock Exchange (NSE) closed on Friday with 1.76 per cent growth amid gains in stocks of First Bank of Nigeria Holdings (FBNH), Airtel Africa, amongst others. Specifically, the market capitalisation on Friday inched…
The board of MTN has approved the appointment of Mazen Mroue as a non-executive director of the company effective from 1st June 2022. This is according to a disclosure filed on the website of the Nigerian Exchange Group and signed…
Divisional Head, Retail, SME Banking and E-Business, Unity Bank Plc, Mr. Olufunwa Akinmade has explained that the “raison d’etre for launching the Bank’s latest retail product called Yanga is to create a unique product proposition aimed at empowering the underbanked…
By Philemon Adedeji Equities market on the Nigerian Exchange Limited (NGX) continues on upward trend yesterday due to turn up in some stocks like IMG, Champion breweries, Transcorp and others. This caused market to closed on positive note as All…
The Central Bank of Nigeria’s (CBN) Treasury Bills for a 1-year tenor worth N143.88 billion, which was auctioned on Wednesday, 25th of May 2022, accumulated a total subscription of N210.82 billion, representing 147 per cent of the intended capital raise.…
FBN Holdings Plc has posted a profit after tax of N151.079 billion for the financial year ended December 31, 2021, a 99.86 per cent growth over N89.730 billion reported in 2020. Profit before tax stood at N166.662 billion as against…
By Philemon Adedeji Chams, Airtel Africa Plc led other counters that lifted the stock market to high level since opening of the week. The Nigerian’s stock market gained about N346 billion or 1.2 per cent appreciation on Wednesday recording its…
Unilever Nigeria Plc which is known as leading consumer goods producer has declared a turnover of N70.5 billion for the financial year ended December 2021, even as the Board assured shareholders of their commitment to good corporate governance to drive…
At the end of yesterday’s trading session, Guinness Nigeria Plc’s share price depreciated by 10.00 per cent to close at N88.20 per share, taking the market capitalisation to N193.19 billion. The decline in share prices which was recorded by the…
