CATEGORY
Companies
Deutsche Bank Rocked By $75m Lawsuit
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Deutsche Bank has agreed to pay $75 million to settle a lawsuit by women who say they were abused by the late financier Jeffrey...
GTCO Outperforms Peers With Highest Return on Equity
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Guaranty Trust Holding Company (GTCO) Plc regained the top spot in the banking industry as the lender has the highest return on equity, turning...
Airtel Africa Profit Rises as Customer Base Hits 140 million
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Airtel Africa Plc has maintained a strong profit margin which reflects the resilience of its operating model despite inflationary cost pressures as the telecommunication...
Consolidated Hallmark Achieves 97.33% Combined Ratio Despite Unfavorable Underwriting Environment
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Consolidated Hallmark Insurance Plc has recorded a combined ratio of roughly 97.33 percent for the first quarter of 2023, despite rising inflation, currency volatility,...
NEM Insurance Reports Highest Q1 Gross Premiums Written
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Nem Insurance Plc has announced a 56.77 percent rise in gross premiums written (GPW) for the first quarter of 2023 to N19.91 billion from...
TotalEnergies’ Attractive Shareholder Returns Validates Improved Cash Flow Generation
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Total Energies Plc has consistently paid dividend since 2006, with a payout of 79 percent in the past seventeen years validating improved earnings and...
Vice President Yemi Osinbajo Commissions Transcorp’s Afam 240MW Three Fast Power Turbines
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The Vice President of the Federal Republic of Nigeria, Prof. Yemi Osinbajo on Tuesday commissioned Transafam Power - a subsidiary of Transnational Corporation Plc’s...
President-Elect Tinubu Commissions Governor Wike’s 12th Flyover, Rumuokwuta/Rumuola Bridge in Port Harcourt
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On Wednesday, May 3, 2023, President-elect Asiwaju Bola Ahmed Tinubu, as Special Guest of Honour of the Rivers State Governor, commissioned the Rumuokwuta/Rumuola Flyover...
NSIA Group Acquires Four Insurance Subsidiaries of SANLAM Group
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NSIA Group, the parent body of NSIA Insurance Limited Nigeria, has made good its desire to strengthen its position in West Africa through the...
African Alliance Insurance is Technically Insolvent
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Beleaguered African Alliance Insurance Plc cash flow is not sufficient to meet its long term liabilities, raising concerns about the going concern status of...