Customer deposits in five Nigerian banks hit N25trn amid COVID-19
The total customer deposits in five Nigerian commercial banks rose by 32.33 percent in 2020 despite the impact of the
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11Plc profit falls 30% as revenue dips to N192bn
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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Abbey Mortgage Bank’s annual loss deepens to N4.3bn
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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SCOA Nigeria posts N381.51m annual loss
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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DAAR Communications’ loss widens to N2.35bn, survival threatened
DAAR Communications Plc, owner of the African Independent Television and Raypower FM, saw its loss after tax for the financial
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Veritas Kapital Assurance’s profit soars 500% amid COVID-19
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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Union Dicon Salt posts profit despite zero revenue, Danjuma forgoes N949m
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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[EXCLUSIVE] Dangote Cement, BUA lost N640bn in market value in Q1, Lafarge gained
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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We needed N1bn to buy Access Bank but had only N200m – Aig-Imoukhuede
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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AIICO Insurance profit drops to N4.98bn
AIICO Insurance Plc has reported a profit of N4.98 billion for the financial year 2020, down from N5.72 billion a
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