FCMB group announces N16.3bn profit before tax for the half-year 2016
FCMB group announces profit before tax for the half-year 2016 FCMB Group Plc has reported a profit before tax of billion for the six-months ended 30 June 2016. This represents an increase…
Sterling Bank strengthens fundamentals amidst first half headwinds, eyes N35b new capital in second half
Sterling Bank strengthens fundamentals amidst first half headwinds, eyes N35b new capital in second half Sterling Bank Plc has showed steadiness and improved the intrinsic fundamentals of its businesses…
Diamond Bank customers deposit drops 34% in H1 2016
Diamond Bank customers deposit drops 34% in H1 2016 By Kayode Ogunwale Diamond Bank Plc has reported a huge decline in its customers deposits for unaudited consolidated and separate…
Seplat Petroleum reports N12.8bn loss in HY1 2016
Seplat Petroleum reports loss in HY1 2016 By Kayode Ogunwale Seplat Petroleum Development Company Plc has reported a loss after tax of billion for half year 2016. The group loss…
Dangote Cement revenue hits N292bn in half year 2016
Dangote Cement revenue hits N292bn in half year 2016 By Kayode Ogunwale Despite harsh operating environment facing manufacturing companies in Nigeria, Dangote Cement Plc has recorded significant improvement in…
NIDF investors to receive interim coupon of N18.6 million
NIDF investors to receive interim coupon of million Investors in the Nigerian International Debt Fund (NIDF), a listed mutual fund on the Nigerian Stock Exchange (NSE) that invests in fixed…
UK envoy pledges support for Nigeria capital market
UK envoy pledges support for Nigeria capital market United Kingdom Trade and Investment (UKTI) envoy to Nigeria, John Howell has pledged to strengthen trade ties with Nigeria capital market. Howell…
Union Bank increase customers deposit by N41.3bn in 6-months
Union Bank increase customers deposit by in 6-months By Kayode Ogunwale Union Bank of Nigeria Plc (UBN) Wednesday announced an increment of billion in its deposits from customers in unaudited…
Fidson foresees imminent recovery despite 35% drop in half year revenue
Fidson foresees imminent recovery despite 35% drop in half year revenue Fidson Healthcare Plc has reiterated its confidence in delivering better performance in the second half of the year as…
Lagos, Niger mull partnership on agriculture ….As Ambode, Hello strategize on modalities
Lagos, Niger mull partnership on agriculture ....As Ambode, Hello strategize on modalities The Lagos State Government on Wednesday kick-started discussions on partnership for the development of agricultural commodity value chain…