Category: Company News

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Suleiman, Sterling Bank MD, Targets Another 65% 2018 Profit Growth

Suleiman, Sterling Bank MD, Targets Another 65% 2018 Profit Growth

New Managing Director/Chief Executive of Sterling Bank Abubakar Suleiman, on Tuesday assured Nigeria’s investment community of continued robust growth...
May & Baker Cost Containment Efforts Drive Q1 Net Profit By 488%

May & Baker Cost Containment Efforts Drive Q1 Net Profit By 488%

May & Baker, one of Nigeria’s oldest pharmaceutical and healthcare products manufacturer, on Friday presented its unaudited financials for the first q...
Despite 175.2% Q1 Revenue Growth, International Breweries Suffers N2.24bn Loss

Despite 175.2% Q1 Revenue Growth, International Breweries Suffers N2.24bn Loss

Any investor who sees the robust turnover growth of Ilesa, Osun State Nigeria-based International Breweries Plc, as contained in the unaudited financi...
Transcorp Committed To Transforming Nigeria’s Power Sector- Elumelu

Transcorp Committed To Transforming Nigeria’s Power Sector- Elumelu

Tony Elumelu, chairman of the Transnational Corporation of Nigeria Plc (Transcorp) says the group is committed, more than ever before, to transforming...
CCNN Reports 110.92% Net Profit Growth At Q1

CCNN Reports 110.92% Net Profit Growth At Q1

Cement Company of Northern Nigeria (CCNN), on Wednesday presented its first quarter unaudited financials indicating that turnover rose by 23.97%, sign...
Nigeria’s Fidelity Bank Plans Bond Issuance To Boost Lending

Nigeria’s Fidelity Bank Plans Bond Issuance To Boost Lending

Helped by the favourable domestic bond market conditions and sliding inflation that may encourage an eventual cut in Monetary Policy Rate by the Centr...
Forte Oil To Sell Power, Upstream Arms, Exit Ghana Over Loss, Debts

Forte Oil To Sell Power, Upstream Arms, Exit Ghana Over Loss, Debts

Femi Otedola’s Forte Oil says it plans to sell its upstream services and power businesses in Nigeria and divest from Ghana to focus on its core fuel d...
Nestle Nigeria Q1 Profit Limps To N8.6bn

Nestle Nigeria Q1 Profit Limps To N8.6bn

Directors of Nestle Nigeria Plc, on Monday presented its unaudited financials for the first quarter ended March 31, 2018, indicating that revenue from...
Fidelity Bank Profit Up N94%, Offers N0.11 Dividend, Despite N11.31bn Loan Provision

Fidelity Bank Profit Up N94%, Offers N0.11 Dividend, Despite N11.31bn Loan Provision

Fidelity Bank Plc, on Monday became the last of its peers listed on the Nigerian Stock Exchange (NSE) to submit its audited financials for the year en...
Imbibe Corp Governance, Customer Focus For Growth, Elumelu, Uzoka Task UBA Units

Imbibe Corp Governance, Customer Focus For Growth, Elumelu, Uzoka Task UBA Units

Tony Elumelu and Kennedy Uzoka, chairman and chief executive respectively of the United Bank for Africa Plc, last week in Lagos charged the boards of ...
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