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CATEGORY

Companies

Companies

MTN is Largest Listed Firm by Revenue in Nigeria

Editor -
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...
Companies

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

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

Access Bank Gets Regulatory Approval to Acquire South African Grobank

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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...
Companies

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

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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...
Companies

Dangote Cement to Pay Over N97bn in Corporate Tax for 2020

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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...
Companies

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

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

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

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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...
Companies

Heritage Bank Joins in World Water Day with Installation of Borehole

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

International Breweries Earnings Swallowed By Huge Costs as Losses Pile

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

Guaranty Trust Bank Earns 56% of Revenues from Corporate Banking

Editor -
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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