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Author: Markets Reporters

Energy FEATURED Latest TOP STORIES 

11Plc profit falls 30% as revenue dips to N192bn

April 5, 2021April 5, 2021 Markets Reporters 0 Comments 11Plc, Mobil Oil Nigeria

11Plc, formerly Mobil Oil Nigeria Plc, has reported a profit after tax of N6.23 billion for the financial year 2020,

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FEATURED Latest Money TOP STORIES 

Abbey Mortgage Bank’s annual loss deepens to N4.3bn

April 5, 2021April 5, 2021 Markets Reporters 0 Comments Abbey Mortgage Bank

Abbey Mortgage Bank Plc saw its loss after tax widen sharply to N4.30 billion in the financial year 2020 from

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FEATURED Latest Stocks TOP STORIES 

SCOA Nigeria posts N381.51m annual loss

April 5, 2021April 5, 2021 Markets Reporters 0 Comments SCOA Nigeria

SCOA Nigeria Plc has reported a loss after tax of N381.51 million for the financial year 2020, compared with a

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FEATURED Latest Stocks TOP STORIES 

DAAR Communications’ loss widens to N2.35bn, survival threatened

April 5, 2021April 5, 2021 Markets Reporters 0 Comments African Independent Television, DAAR Communications, Raypower FM

DAAR Communications Plc, owner of the African Independent Television and Raypower FM, saw its loss after tax for the financial

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FEATURED Latest Stocks TOP STORIES 

Veritas Kapital Assurance’s profit soars 500% amid COVID-19

April 4, 2021April 4, 2021 Markets Reporters 0 Comments Mr Kenneth Egbaran, Veritas Kapital Assurance

Veritas Kapital Assurance Plc has reported a profit of N740.93 million for the financial year 2020, up from N123.42 million

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FEATURED Latest Stocks TOP STORIES 

Union Dicon Salt posts profit despite zero revenue, Danjuma forgoes N949m

April 4, 2021April 4, 2021 Markets Reporters 0 Comments

Union Dicon Salt Plc has reported a profit of N683.87 million for the financial year 2020, compared with a loss

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Latest Stocks TOP STORIES 

FTN Cocoa Processors’ loss deepens to N843.39m, survival threatened

April 4, 2021April 5, 2021 Markets Reporters 0 Comments FTN Cocoa Processors

FTN Cocoa Processors Plc has said its loss after tax for the financial year 2020 deepened to N843.39 million from

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Latest Money TOP STORIES 

Infinity Trust Mortgage Bank posts higher profit, boosts dividend

April 4, 2021April 4, 2021 Markets Reporters 0 Comments Dr Adeyinka Bibilari, Dr Olabanjo Obaleye, Infinity Trust Mortgage Bank

Infinity Trust Mortgage Bank Plc has reported a profit after tax of N411.11 million for the financial year 2020, up

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FEATURED Latest Stocks TOP STORIES 

[EXCLUSIVE] Dangote Cement, BUA lost N640bn in market value in Q1, Lafarge gained

April 4, 2021April 4, 2021 Markets Reporters 0 Comments BUA Cement, Dangote Cement, Lafarge Africa, Nigerian cement industry

Two of Nigeria’s biggest cement producers posted stock losses in the first three months of this year as N640 billion

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FEATURED Latest Money TOP STORIES 

We needed N1bn to buy Access Bank but had only N200m – Aig-Imoukhuede

April 3, 2021April 3, 2021 Markets Reporters 0 Comments Access Bank, Aigboje Aig-Imoukhuede, Herbert Wigwe, Leaving the Tarmac: Buying a Bank in Africa

A former Group Managing Director of Access Bank Plc, Mr Aigboje Aig-Imoukhuede, has said he and his partner, Mr Herbert

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