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Companies
Fidelity Bank Quarterly Earnings Rise the Most Since Q’3 2017
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Fidelity Bank reported its best quarterly performance since Q3’17, with Q4 2021 earnings leaping 62.1% to N11.6 billion.
The growth in earnings reflected a doubling...
Attack on Okomu Oil Not Expected to Harm Operations Long Term
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Okomu Oil Palm Plc last week released a notice to the investing public, confirming reports that the firm's plantation located at Okomu-Udo, Ovia South-West Local Government Area in...
Julius Berger Commits to Achieving Zero Waste at Upcoming Cashew-Processing Plant
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Julius Berger Nigeria Plc, Nigeria’s most innovative and leading engineering company, has made a bold diversification of its investment portfolio into the agricultural processing...
NSDC Executive Secretary Lauds BUA Foods on Contributions Towards Development of Nigerian Sugar Sector
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BUA Foods Plc has received commendations from the National Sugar Development Council (NSDC) over the level of progress made at its wholly owned subsidiary,...
Zero Revenue From Non-life Business Plunges Royal Exchange in Huge Losses
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It appears Royal Exchange Insurance has curtailed its operations significantly as it earned no revenue from the non-life business, a triple whammy for an...
Fidson Healthcare is a Profit Creator as ROE Hits 9 Year High
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Fidson Healthcare Plc is efficient in generating profit as the return on average equity has hit a nine year-high while the drug maker benefitted...
Ecobank Nigeria Expands Agency Banking Locations to 50,000, Ranked High by SANEF
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Ecobank Nigeria says its vision to use its agency banking scheme to drive financial inclusion is fast yielding fruits as it now has over...
InfraCredit’s Guarantee Supports Pan African Towers’ Issuance of N10bn Infrastructure Bonds Due 2032
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InfraCredit, a ‘AAA’-rated specialized infrastructure credit guarantee institution, is pleased to announce its guarantee of PAT Digital Infra Fund SPV PLC’s N10.0 billion 10-Year...
Okomu Oil Suspends Operations Following Terrorists’ Attack
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The Okomu Oil Palm Company in Edo has suspended operations in the aftermath of what the management described as a “terrorist attack“ on Tuesday.
“For...
BUA Foods Records Strong Profit Growth Amid Headwinds
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The new kid on the block BUA Foods Plc is poised to deliver higher returns to shareholders as the consumer goods giant recorded strong...