29.2 C
Lagos
Friday, April 19, 2024
- Advertisement -spot_img

CATEGORY

Exclusive

Unfavorable Macro Environment Pushes Nigerian Banks’ Impairments to N1.16trn

It’s increasingly becoming worrisome that Nigerian big banks have written off bad loans with impairments, which laid bare the susceptibility of lenders to unfavorable...

Breaking: Iran Attacks Israel With Hundreds of Drones

Iran launched hundreds of drones directly from its territory against Israel on Saturday night, in a radical change from its usual use of proxies, the...

GTCO is The Stock With Highest ROE Among Peers

Guaranty Trust Holding Company (GTCO) PLc is a lender that provides consistent dividend and stable earnings regardless of economic downturn or over all conditions...

Iran Warns US Not to ‘Interfere’ In Retaliation as Israel Hospitals Put on High Alert

Israeli hospitals have been put on a high state of alert by the home command, awaiting an 'imminent' Iranian retaliation attack. Iran has also...

Nigerian Banks Show Resilience as Profit Surges to N3.03trn

Nigerian banks reported a big jump in Full Year 2023 earnings as the largest lenders gained from foreign exchange revaluation gains as well as...

Here’s Why Dangote Cement is Marching Ahead of the Industry

Despite a myriad of challenges bedeviling the manufacturing sector, Dangote Cement stands out as it continues to retain its position as the most cost...

Listed Manufacturers’ Production Costs Hit N6.21trn on Energy crisis, Imported Inflation

The largest listed manufacturers in Africa’s most populous nation are choking on the huge cost of production brought on by the energy crisis and...

Geregu Power 307% Profit Growth in Q1 a Catalyst For Much Higher Share Price

Geregu Power has become the first NGX listed company to release First Quarter (Q1), 2024 financial results, with the recorded 307.5% profit growth a...

UBA 2023 Gross Earnings Rises 143% as Profit Hits N757.7bn

In another unprecedented performance, Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended...

Stanbic IBTC to Raise N138.0bn to Plug Capital Shortfall For National Banking License

Stanbic IBTC Holdings Plc management has said it is confident it will conveniently raise the N138 billion in capital shortfall for its national banking...

Latest news

- Advertisement -spot_img