Transcorp Power gain 10% on listing day, targets N500bn revenue by 2031
Kayode Ogunwale Nigerian Exchange Limited on Monday, 4 March 2024 admitted 75 billion shares of Transcorp Power Plc at N240 per share to its Main Board. The leading power generation…
Nestle increases revenue by over N100 billion, reaching N547 billion versus 2022
Nestlé Nigeria PLC has announced an increment of over N100 billion in revenue in its full-year financial results for 2023. Its operating profit jumped by percent, reaching billion, while profit…
Access Holdings Names Bolaji Agbede as Acting CEO
Access Holdings Plc has announced the appointment of Ms. Bolaji Agbede as Acting Group Chief Executive Officer following the death of its Group Chief Executive Officer, Herbert Wigwe, in a…
Senate assures SEC, NGX on capital market-driven reforms
Temi Popoola, CEO of NGX Ltd The Chairman, of the Senate Committee on Capital Markets and Institutions, Osita Izunaso has assured the commitment of the Senate to driving legislative reforms…
FBN Holdings 2023 earnings per share doubled on higher operating income
By Kayode Ogunwale The financial giant, FBN Holdings Plc have announced the unaudited full year 2023 financial statement which revealed a strong growth in earnings to billion with an earning…
Sustained operating momentum despite continued foreign exchange headwinds …Intention to buy back up to $100 million of shares
By Kayode Ogunwale Segun-Ogunsanya, GCEO Airtel Africa Airtel Africa Plc has announced improved operative key performance indicators in its unaudited results for nine-month period ended 31 December 2023. The…
Gombe State To Raise N30 billion Green Bond For Strategic Development — Gov Inuwa Yahaya
The Gombe State Governor, Muhammad Inuwa Yahaya has said that the state will be raising N30 billion in green bonds from the stock market for strategic growth and development. Gov…
FBN Holdings Appoints Otedola As Chairman
Femi Otedola FBN Holdings, in a notice to the Nigerian Exchange Limited and the investing public, said the decision was made at the meeting of the Board of Directors odf…
Transcorp Plc Grows Profit by 102% to N34bn
Transcorp Corp Plc posted a significant surge in earnings following a spike in revenue generated by the group in 2023. In its unaudited financial statement filed with the Nigerian Exchange,…
Fidelity Bank Posts Triple Earnings Growth in 2023
Fidelity Bank Plc has bolstered earnings performance as the top Tier-II lender grew profit by about 207 percent year on year, according to its recent unaudited financial statement filed with…