Conoil’s half-year profit soars 70.5% despite revenue drop
Conoil Plc, a Nigerian fuel marketing company, posted a 70.5 percent rise in its profit for the first half of
Read more
Author: Markets Reporters
Union Bank’s H1 profit hits N12.3bn on higher interest income
Union Bank of Nigeria Plc has reported a profit before tax of N12.3 billion for the first half of this
Read more
NIN: Airtel Nigeria’s revenue growth slows on call barring
Airtel Africa Plc said on Thursday that its revenue growth was slowed down in the quarter ended June 30, 2022
Read more
Airtel Africa posts double-digit growth in quarterly profit
Airtel Africa Plc has said its profit after tax for the quarter ended June 30, 2022 grew by 25.3 percent
Read more
FCMB’s half-year profit surges 80% as interest income rises
FCMB Group has reported a profit after tax of N13.66 billion for the first half of this year, compared to
Read more
US agency partners Access Bank, commits $280m for Nigerian SMEs
US International Development Finance Corporation (DFC) has signed a commitment letter for $280 million in financing for Access Bank Plc
Read more
TotalEnergies achieves first oil from Nigeria Ikike field
TotalEnergies, which operates Oil Mining Licence 99 in partnership with the Nigerian National Petroleum Company, has announced the start of
Read more
FG borrows N2.45tn from CBN in half-year, owes nearly N20tn
The Federal Government borrowed N2.46 trillion from the Central Bank of Nigeria in the first half of this year as
Read more
Foreigners dump Nigerian stocks worth N123bn in H1
Foreign investors offloaded more Nigerian stocks in the first half of this year than they did in the same period
Read more
Manufacturers want CBN to sweeten pill of rate hikes
Manufacturers are hopeful that the Central Bank of Nigeria will relax what they described as “stringent conditionalities” for accessing available
Read more