By Philemon Adedeji Unity Bank PLC during the week declared N2.5 Billion profit for unaudited twelve months result for the period ended as at December 31,2021. The group on the Nigeria exchange limited (NGX) announced 18 per cent increase in…
…As stakeholders harp on ways to improve tax generation in Nigeria By Ogaga Ariemu The Vice President of Nigeria, Prof Yemi Osinbajo, SAN, has prescribed robost, simplified tax system as a prerequisite to end revenue generation challenges facing Nigeria. Prof…
The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 91 basis points. The NGX ASI closed at 46,624.67 points, to reflect a growth of 0.91% from the previous trading day…
To reward active agents, Quickteller Paypoint, the agency banking service of Interswitch Financial Inclusion Services (IFIS), has announced the Quickteller Paypoint Double Up promo that will run from February 1 to March 31, 2022. All active agents, including those who…
Fidelity Bank, Flour Mills Plc and Berger Paints have reported a total profit of N18.3 Billion for 2021 financial year. Out of this N18.3 Billion, Flour Mills of Nigeria PLC made a total profit of N6.5 Billion in 2021 financial year.…
By Seun Ibiyemi Activities rebounded on the Nigerian Exchange (NGX) Ltd. on Friday with key market indices improving by 0.43 per cent due to gains by some blue chips. Specifically, the market capitalisation of listed equities increased by N106 billion…
MTN Nig Plc released its 2021 FY Audited Financial Statement, revealing a 22.90 per cent growth in revenue from N1.35 trillion to N1.65 trillion in the current period. The company reported a 45.5% growth in net profit of N298.65 billion…
NEM Insurance has reported a year on year decline in its Profits After Tax in 2021 by 13% to close at N4.4 billion despite increasing its gross premium for the period. On a quarter on quarter basis, however, the profit…
Activities rebounded on the Nigerian Exchange (NGX) Ltd. on Friday with key market indices improving by 0.43 per cent due to gains by some blue chips. Specifically, the market capitalisation of listed equities increased by N106 billion or 0.43 per…
The bears resurfaced at the nation’s bourse on Thursday as a result of profit taking in Dangote Cement and 17 other stocks. Accordingly, the All-Share Index declined by 520.76 per cent or 1.12 per cent to close at 46,009.23 from…
