Union Bank gross loans down 5%; as non performing loans rises to 8.2%
Union Bank gross loans down 5%; as non performing loans rises to DESPITE 23 percent increase recorded in gross earnings, Union Bank of Nigeria Plc has reported five percent decline…
Etihad records net loss for 2016, reports 11% reduction in unit costs helps to offset pressure on yields
Etihad records net loss for 2016, reports 11% reduction in unit costs helps to offset pressure on yields ETIHAD Airways today announced its 2016 financial results, recording a net loss…
Transcorp posts strong half year results, records 134% growth in profit
Transcorp posts strong half year results, records 134% growth in profit TRANSNATIONAL Corporation of Nigeria Plc (Transcorp), Nigeria’s foremost conglomerate, has announced financial results for its second quarter ended June…
SEC to sanction capital market operators, public limited companies on tax default
SEC to sanction capital market operators, public companies on tax default THE Securities and Exchange Commission (SEC) in a circular posted on its website said all Capital Market Operators (CMOs) and…
Africa Prudential awarded best registrar in West Africa; unveils new corporate identity
Africa Prudential awarded best registrar in West Africa; unveils new corporate identity AFRICA Prudential Registrars Plc has been named the Best Registrar Firm in West Africa by Africa-Canada Trade Alliance…
Wema bank plans equity raise next year to bolster capital ratio
Wema bank plans equity raise next year to bolster capital ratio NIGERIA’S Wema Bank plans to raise equity next year to bolster its capital ratio and cut its operating costs…
Meristem Securities recommend buy for Forte Oil
Meristem Securities recommend buy for Forte Oil LEADING investment adviser in the domestic economy, Meristem Securities Limited has upgraded the recommendation on Forte Oil Plc to buy from hold. Meristem…
Mid-week trading rises by 0.23%
Mid-week trading rises by The Nigerian equities market sustained upward trend as bourse added percent today to peg the year-to-date returns at percent. The index and market capitalization closed higher…
Equities market extends 8 day gaining streak by N47bn as UBA drives 95% volume
Equities market extends 8 day gaining streak by N47bn as UBA drives 95% volume THE equities market closed Tuesday upward as the bourse inched up by N47 billion on…
FMDQ lists pioneer infrastructure febt Fund in Nigeria and Sub-Saharan Africa
FMDQ lists pioneer infrastructure febt Fund in Nigeria and Sub-Saharan Africa GLOBALLY, infrastructure contributes to economic development by increasing productivity and providing amenities, which enhance quality of life…