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…
Geregu records N83bn revenue as operating profit increases by 110%
Geregu Power Plc has released its 2023 audited financial statement, disclosing a year-on-year increase of 74 percent in revenue and a 110 percent growth in operating profit. The company’s board…
Wema Bank reports 104.7% profit growth in 2023
Wema Bank Plc has released its unaudited financial statement for the full year 2023, posting a pre-tax profit of billion, marking a percent growth from the billion recorded in full…
Guinness posts over N5bn loss
Foreign exchange expenses eroded the operating profit of Guinness Nigeria Plc for the year ended December 2023, resulting in an loss. This was contained in the unaudited interim financial statements…
WFE: Popoola emphasizes technology revamp, listing rules review, FPI targeting
Temi Popoola, CEO NGX Ltd The Group Managing Director and Chief Executive Officer of Nigerian Exchange Group Plc has highlighted various plans by the exchange group to revamp its technology…