By Kayode Tokede United Capital Plc reported significant increase in profits in the half year ended June 30, 2021 and is headed for another outstanding growth this year. The financial and investment services group established new peaks in revenue and…
Flour Mills of Nigeria Plc (FMN) Plc raised after-tax profit by 126 per cent to N25.7 billion in its 2021 financial year ended March 31, 2021 from N11.4billion in 2020 financial year. This is the second year of triple-digit growth…
Total Nigeria Plc sustained heavy cost slashing that it began in the final quarter of last year into the first quarter ended March 31, 2021 operations. This is the company’s move to save profit in the face of a continuing…
By Kayode Tokede FCMB Group plc audited result and accounts for financial year ended December 31, 2020 showed impressive performance amid numerous macro economy challenges that faced the banking sector last year. The management in the period under review grew…
eTranzact International Plc migrated from first quarter (Q1) loss of 2020 to positive earnings in its unaudited financial statements first quarter (Q1) results ended March 31, 2021, attributable to decline cost of sales and total operating expenses. The company was…
NEM Insurance Plc kept operating momentum stable in the first quarter ended March 31, 2021 after an exceptional growth in full year ended December 31, 2020 in which profit more than doubled. Despite strong increases in claims and underwriting expenses…
By Kayode Tokede BUA Cement Plc is going strong on earnings performance for the second year after a profit rebound in 2020. Its first-quarter ended March 31, 2021 trading ended with after-tax profit up by 13 per cent after raising…
Access Bank Plc for the full year ended December 31, 2020 audited result and accounts reported maintained its solid and resilient results amid numerous domestic and foreign challenges that faced the sector and economy at large. The Group continued to…
By Kayode Tokede Nigerian Breweries plc (NB) in 2020 financial year reported another decline performance in terms of revenue and profit but the management was prudent in terms of dividend payout to shareholders. The hike on NB’s Interest expense on…
