The operating environment for many businesses across the country was unpleasant but thankfully Nigerian Breweries Plc recorded some milestones in the intervening period. The Brewery giant grew profit by over 72 per cent to N12.7 billion and hopes to pay…
BUA cement reports profit of N33bn in Q1 2022BUA cement producer, has released its first quarter (Q1) 2021 unaudited results reporting a profit of N33.14 billion during the period, representing 48.18 per cent increase year-on-year (Y-o-Y). Further analysis of the…
By Philemon Adedeji The stock market on the Nigerian Exchange Limited (NGX) on Thursday closed on positive trading with 0.18 per cent gain following sustained interest in Eternal plc, Berger plc, Oando plc, and 26 others stocks. Consecutively, the All…
Premium Trust Bank has joined the list of licensed commercial banks in Nigeria with the unveiling of its flagship branch at Trans Amadi in Port Harcourt, Rivers. Recall that with the latest addition, the number of commercial banks licensed by…
DLM Capital Group, a development investment bank, has unveiled its digital bank – Sofri, a one-stop-shop mobile app, to provide innovative, simple, and convenient services to its stakeholders. The Managing Director of Sofri Bank, Mr Funsho Idowu, said in a…
Bank of Industry has released its audited financial statement for the year ended 31, December 2021, reporting 40 per cent increase in gross earnings from N131.843 billion in 2020 to N184.6 billion in 2021. From the released statement on the…
Eterna Plc has notified The Exchange and investing public that the SEC has granted Preline Limited, the Authority to precede with the acquisition of 1,300,000 units of ordinary shares, equivalent to 0.10 per cent stake in Eterna Plc. This comes…
By Philemon Adedeji Trading on Nigerian Exchange Limited (NGX) closed marginally on a positive note for the two days market opened for this week, All shares index appreciated by 592.85 basis points. Meanwhile, the overall market capitalisation value increased higher…
By Philemon Adedeji Trading activities commenced on equities market segment of the Nigerian Exchange Limited (NGX), on Tuesday increasing by 0.8 per cent as a result of investors buying interest in MTNN, MEYER, FIDELITY BANK. Precisely, the All Shares Index…
LivingTrust Mortgage Bank has declared a final dividend of 6 kobo per share, summing up to a total dividend payout of N300 million to its shareholders for the 2021 financial year. This is six times the N50 million paid as…
