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Capital Market

UBA loans N254bn to customers in HY1 2016 ….proposes 0.20 kobo interim dividend

supe1User10 August 26, 2016 UBA loans N254bn to customers in HY1 2016 ….proposes 0.20 kobo interim dividend2016-08-26T08:57:19+00:00 Capital Market No Comment
UBA loans N254bn to customers in HY1 2016 ….proposes kobo interim dividend   United Bank for Africa Plc (UBA) has reported an increase of per cent in its loans and…
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Capital Market

Eleven banks loss N36.531bn to panic sales

supe1User10 August 25, 2016 Eleven banks loss N36.531bn to panic sales2016-08-25T16:22:30+00:00 Capital Market No Comment
Eleven banks loss to panic sales By Kayode Ogunwale   Eleven out of 13 banking stocks available for trading on the floor of the Nigerian Stock Exchange (NSE) today recorded…
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Capital Market

Forex trading: CBN suspends nine banks over non remitting $2.334bn NNPC fund

supe1User10 August 23, 2016 Forex trading: CBN suspends nine banks over non remitting $2.334bn NNPC fund2016-08-25T19:32:53+00:00 Capital Market No Comment
Forex trading: CBN suspends nine banks over non remitting $ NNPC fund   Central Bank of Nigeria (CBN) has banned nine commercial banks from the foreign exchange market on the…
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Capital Market

Access Bank after tax profit hits N39.5bn in HY1 2016, increase deposits base by 17%

supe1User10 August 21, 2016 Access Bank after tax profit hits N39.5bn in HY1 2016, increase deposits base by 17%2016-08-21T21:22:08+00:00 Capital Market No Comment
Access Bank after tax profit hits in HY1 2016, increase deposits base by 17% By Kayode Ogunwale Access Bank Plc has reported billion profit after tax in its consolidated and…
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Capital Market

FG disburses N400bn on capital expenditure since May 2016-Adeosun

supe1User10 August 20, 2016 FG disburses N400bn on capital expenditure since May 2016-Adeosun2016-08-20T07:12:28+00:00 Capital Market No Comment
FG disburses N400bn on capital expenditure since May 2016-Adeosun   Minister of Finance, Mrs. Kemi Adeosun said Buhari administration has disbursed N400 billion on various capital expenditure since May 2016…
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Capital Market

PZ Nigeria reports 53% profit decline in FY 2016

supe1User10 August 17, 2016 PZ Nigeria reports 53% profit decline in FY 20162016-08-17T21:51:03+00:00 Capital Market No Comment
PZ Nigeria reports 53% profit decline in FY 2016 By Kayode Ogunwale   PZ Cussons Nigeria Plc has reported a massive drop of billion in its profit after tax for…
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Capital Market

GTBank post impressive HY1 2016 results, declares N77bn profit

supe1User10 August 17, 2016 GTBank post impressive HY1 2016 results, declares N77bn profit2016-08-17T16:12:35+00:00 Capital Market No Comment
GTBank post impressive HY1 2016 results, declares N77bn profit   One of the leading lenders in Nigeria, Guaranty Trust Bank Plc today released its financial statements for the half year…
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Capital Market

Union Bank increase earnings by 8% in HY1 2016

supe1User10 August 15, 2016 Union Bank increase earnings by 8% in HY1 20162016-08-15T16:59:58+00:00 Capital Market No Comment
Union Bank increase earnings by 8% in HY1 2016   In spite of challenges facing Nigeria economy, Union Bank of Nigeria Plc has been able to declared impressive half year…
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Capital Market

Dangote Flour returns to profitability after take over

supe1User10 August 13, 2016 Dangote Flour returns to profitability after take over2016-08-24T14:24:11+00:00 Capital Market No Comment
Dangote Flour returns to profitability after take over Months as its re-acquisition from Tiger Branded Consumers Goods, Dangote Flour Mills have returned to profitability, posting a profit before tax of…
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Zenith Bank after tax profit down to N44.8bn in half year 2016, proposes N0.25 kobo interim dividend

supe1User10 August 11, 2016 Zenith Bank after tax profit down to N44.8bn in half year 2016, proposes N0.25 kobo interim dividend2016-08-12T08:48:55+00:00 Capital Market No Comment
Zenith Bank after tax profit down to in half year 2016, proposes kobo interim dividend By Kayode Ogunwale Zenith Bank Plc has reported a drop of billion in the profit…
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