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Thursday, May 26, 2022
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CATEGORY

Companies

Transcorp Hotels Plc pushes on with outstanding Q1 performance as PBT rises by 624.4% and revenue grows by 77.4% 

…Hospitality giant reports revenue of N7bn and gross profit of N5.1bn Transcorp Hotels Plc, Nigeria's top hospitality company and a subsidiary of Transnational Corporation Plc....

International Breweries Reports Significant Revenue and Profit Growth in Q1, 2022

Building on the momentum of a strong Full Year 2021, International Breweries began the new year on a positive note with significant revenue and...

FY 2021: Unity Bank Grosses N50.28bn in Earnings and N3.33bn in Profit

…as Total Assets Hit N538.87bn Unity Bank Plc has declared a Profit before tax of N3.33 billion in the financial year ended December 2021, indicating...

Job interest in Twitter Skyrocketed More Than 250% Since Elon Musk Moved to Take Over

Elon Musk cast Twitter’s future into uncertainty when he made a successful $44 billion bid to acquire the company last month. He will take...

AXA Mansard Combined Ratio Improves as Profit Slumps

AXA Mansard, a firm that engages in the provision of life and general business risk management, has improved its combined ratio in the first...

AIICO Insurance Posts Record Profit Above N4 billion on Sale of Subsidiary   

AIICO Insurance Plc made a profit of N4.73 billion in the first quarter 0f 2022, by far the best results in its history as...

Custodian Investment’s Profit Soars in Q1

Custodian Investment Plc, a non-bank financial institution, had a particularly good first-quarter of 2022 in its insurance business, with earnings up year-on-year. In fact, after adjusting...

Notore Chemical Returns to Profit in Q1 as Nigeria Fertilizer Exports Surge

Notore Chemical a maker of Urea and NPK returned to profit in the first quarter (Q1) of 2022 as Nigeria Fertilizer exports surged. The firm...

Transcorp Plc Delivers Solid Q1 Performance as Profit Leaps by 147%

Firing on all cylinders, Transnational Corporation Plc, (Transcorp Group) has reported significant and impressive returns in all its major financial indices for the first...

Guinness Unveils Ultra-Modern Head Office in Lagos

Guinness Nigeria Plc, a subsidiary of Diageo Plc and the foremost total beverage alcohol company in Nigeria, opened its new state-of-the-art headquarters in Ogba,...

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