MTN Nigeria Communications Plc has announced the successful completion of the issuance of its N110billion series 1 seven year 13.0% Fixed Rate Bonds due 2028 (Series 1 Bond) under the N200 billion Bond Issuance programme. In notification at the Nigerian…
By Kayode Tokede Transactions on the equities market of Nigerian Exchange Limited (NGX) on Wednesday closed in the negative region to extend the previous day bearish sentiment, as All Share Index (ASI) shed 0.92 per cent. The price depreciation was…
By Kayode Tokede Transcorp Hotels Plc is targeting a revenue of N28 billion and occupancy of 70 per cent by 2025. The company’s Managing Director/Chief Executive Officer, Mrs Dupe Olusola, said this at the virtual “Facts behind the Figures,” organised…
By Kayode Tokede Ardova Plc on Wednesday announced 19 percent drop in revenue to N41.6 billion in three months ended March 31 against N51.2 billion recorded during the same period of 2020. According to the report, revenue of N41.6 billion…
By Kayode Tokede A major Management restructuring at the final stage of completion is set to produce Mrs Miriam Olusanya as the first Female Chief Executive Officer (CEO) of Guaranty Trust Bank (GTBank), one of Nigeria’s most respected commercial banks.…
By Kayode Tokede AIICO Insurance Plc has posted gross written premium of N19.7 billion for the first quarter March 31, 2021. The gross written premium represented an increase of 12.2 per cent when compared with N17.6 billion posted in the…
By Kayode Tokede The Nigerian Exchange Limited (NGX) equities market segment closed the first trading session for the week yesterday on a negative note to halt the two consecutive days of bullish sentiment, as All-Share Index declined by 0.08 per…
By Kayode Tokede MRS Oil Nigeria Plc, a major oil marketing firm has released its statement of Statement of profit or loss and Other Comprehensive Income for the 1st Quarter ended 31 March, 2021 with 4.02% drop in revenues to…
By Kayode Tokede Ardova Plc has released its unaudited interim consolidated financial statements for the period ended March 31, 2021 with 19.98per cent drop in revenue to N41.49 billion from N52.052 billion in Q1 2020. However, profit after tax rose…
By Kayode Tokede The Securities and Exchange Commission, SEC, has denied conducting any recruitment exercise as being circulated in several websites and blogs purportedly associated to the SEC. The Commission in a statement at the weekend said, “The attention of…
