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Saturday, July 2, 2022
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CATEGORY

Companies

MTN is Largest Listed Firm by Revenue in Nigeria

The acceleration in data usage by the young population who are data-centric has impacted positively on MTN Nigeria’s earnings as the telecom giant is...

Access Bank R400m Takeover Target Grobank of South Africa Has Made Losses Since 2014

Access Bank in a note to the Nigerian Stock Exchange (NSE) on Friday, said it had received the approvals of the South African and...

Access Bank Gets Regulatory Approval to Acquire South African Grobank

Nigeria’s Access Bank said in a filing to the stock exchange on Friday that it had received the approvals of the South African and...

FCMB Profit Jumps 13 % on Higher Interest Income, Other Revenues

Tier-2 Nigerian lender FCMB, has reported full year 2020 earnings showing a 13 percent increase in net income to N19.6 billion, compared to the...

Dangote Cement to Pay Over N97bn in Corporate Tax for 2020

Africa’s largest cement producer, Dangote Cement Plc has remained a major contributor to the economy with a tax charge of N97 billion for the...

Lafarge Africa’s Profit Hit By Non-Recurring N99.58bn Earnings from Discontinued Operations

Lafarge Africa Plc full year 2020 profit tumbled on the back of income from discontinued operations that underpinned 2019 results, but the cement maker...

Dangote Cement’s Revenues Cross N1trn, Profits up 37%

Dangote Cement, Nigeria's largest listed company has released full year 2020 earnings showing a 15.98 percent rise in revenues to N1.034 trillion, while after...

Heritage Bank Joins in World Water Day with Installation of Borehole

Heritage Bank Plc has joined the rest of the globe to celebrate the World Water Day 2021 with plans to assist a community in...

International Breweries Earnings Swallowed By Huge Costs as Losses Pile

International Breweries Nigeria Plc earnings have been swallowed by huge total cost of operations as losses have continued to pile, raising concerns about the...

Guaranty Trust Bank Earns 56% of Revenues from Corporate Banking

Guaranty Trust Bank, Nigeria’s largest bank by market capitalization is still mostly a corporate banking outfit despite recent moves to be retail focused. The bank...

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