Fidelity Bank Posts Triple Earnings Growth in 2023
Fidelity Bank Posts Triple Earnings Growth in 2023 Fidelity Bank Plc has bolstered earnings performance as the top Tier-II lender grew profit by about 207% year on year, according to…Read More
FG, UK to Establish Committee on Minerals Development
FG, UK to Establish Committee on Minerals Development The Federal Government (FG) is partnering with the United Kingdom (UK) to establish a joint technical working group for the development of…Read MoreTranscorp Plc Grows Profit by 102% to N34bn
Transcorp Plc Grows Profit by 102% to N34bn Transcorp Corp Plc posted a significant surge in earnings following a spike in revenue generated by the group in 2023. In its…Read MoreOil Slides as China Economic Dips, US Dollar Strength
Oil Slides as China Economic Dips, US Dollar Strength Global market prices of crude oil slid on Wednesday over sluggish growth in China, US dollar gains amidst Red Sea tension…Read MoreNAHCO Posts 130% Profit Growth in 2023
NAHCO Posts 130% Profit Growth in 2023 Nigerian Aviation Handling Company (NACHO) Plc bolstered earnings performance in 2023 with 130% year-on-year growth in profitability, details from its financial statement submitted…Read MoreTotalEnergies Profit Slumps 20% as FX Losses Bite
TotalEnergies Profit Slumps 20% as FX Losses Bite Total Energies and Marketing Nigeria Plc’s profit declined by about 20%, according to details from its financial statement as higher funding costs…Read MoreInternational Breweries Plc.’s Loss Increases by 175% over FX Distress
International Breweries Plc.’s Loss Increases by 175% over FX Distress International Breweries Plc’s loss widened by 175% in 2023 as the company’s foreign currency liabilities on its balance sheet resulted…Read MoreNigeria Customs Probed for Non-Submission of Audited Reports
Nigeria Customs Probed for Non-Submission of Audited Reports The House of Representatives Public Accounts Committee (PAC) has queried the Nigeria Customs Service (NCS) over the non-submission of audited financial statements…Read MoreIMF Estimates 3.1% Global Economic Growth for 2024
IMF Estimates 3.1% Global Economic Growth for 2024 The International Monetary (IMF) says global growth is projected at 3.1 per cent in 2024 and 3.2 per cent in 2025. This…Read MoreNaira Loses Value 4-Month after CBN Stops FX Injections
Naira Loses Value 4-Month after CBN Stops FX Injections Trading near N1490 per US dollar at the Nigeria autonomous foreign exchange (forex) market, the naira has lost significant value just…Read MorePolicemen Who Harassed Motorist Over Car Tint Face Misconduct Trial
The Zone 2 Police Command, Onikan, Lagos State says that the three police officers, who demanded a tinted glass permit from motorists are facing trial for professional misconduct. The Zonal…Read MoreNANTA Calls Out Foreign Airlines On Persisting Flight Fare Hike, Despite Funds Release
Following the release of all outstanding backlogs of $64.44 million in blocked airline funds by the Central Bank of Nigeria (CBN), the National Association of Nigerian Travel Agents (NANTA) has…Read More
