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Companies

FG Charges First Bank MD, Others With Forgery

The Federal Government has filed charges against First Bank of Nigeria Limited, its managing director and three others over allegations bordering on forgery. The charge...

Stanbic IBTC Oil and Gas Exposure Raises Concerns as Loan Losses Surge

Stanbic IBTC Holdings Plc exposure to the oil and gas sector is raising concerns as loan losses surge. Stanbic recorded a net impairment loss of...

Transcorp Plc Delivers Strong Performance as Revenue Rises by 21%

Transnational Corporation Plc (Transcorp) has released its financial results for the full year ended December 31, 2022, demonstrating significant improvements in its major income...

BUA Cement Overtakes Lafarge WAPCO Now 2nd Largest by Volume, Installed Capacity

BUA Cement has outperformed its peers in Full Year 2022, overtaking Lafarge WAPCO to become the second largest cement producer in Nigeria by volume...

Zenith Bank Declares N2.90/Share Final Dividend as Revenues up 23.5%

Zenith Bank has declared N2.90/Share final dividend as revenues were up 23.5% to N946 billion and profit before tax increased by 1.5% to N224...

Oando Posts N34.7 billion After-Tax Profit in Unaudited FYE 2021 Results

Oando Plc, a Nigerian indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, has announced N34.7 billion in after-tax profit in...

Julius Berger-AFP a Major Development Partner in evolution of FCT – Hon. Minister of the FCT

...as AFP hosts customers to exclusive reception at its Maitama Abuja Showroom Julius Berger-AFP, the furniture production, home design and implementation wing of the leading construction...

Cornerstone Insurance Profit Slumps on Rising Claims, Opex Ratio

Cornerstone Insurance Plc has been whipsawed by claims load and rising operating and underwriting expenses which squeezed profit, further validating the negative impact of...

Access Bank Gets Approval to Merge With African Banking Corporation Zambia

Access Bank Zambia Limited, a subsidiary of Access Bank Plc, has received final regulatory approval from the Central Bank of Zambia for the acquisition...

Custodian Investment to Pay N3.23bn Dividends

Custodian Investment Plc will be rewarding owners of the company from distributable income as the company continues to magnify earnings amid a challenging environment. The...

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