Stanbic IBTC records 259% increase in annual profit
Stanbic IBTC Holdings Plc posted a profit before tax of N94.72 billion last year, compared to N26.37 billion in 2019.
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BUA Cement’s annual profit grows to N79.07bn
BUA Cement Plc saw its profit before tax rise by 19.37 percent last year to N79.07 billion from N66.24 billion.
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Sterling Bank posts 18% profit rise amid COVID-19
Sterling Bank Plc has reported an increase of 18.10 percent in its profit before tax for the 2020 financial year
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Seplat appoints new MD for ANOH
Seplat Petroleum Development Company Plc has appointed Mr Okechukwu Mba as the new Managing Director of ANOH Gas Processing Company
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Total Nigeria issues N15bn commercial paper
Total Nigeria Plc has successfully issued and quoted a N15 billion Series 1 and 2 Commercial Paper under its N30
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Companies paid less taxes to Nigerian govt in 2020, official data show
The company income tax paid to the Nigerian government declined to N1.41 trillion last year, according to the Nigerian Bureau
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Foreign investment in Nigerian stocks fell by 41% in 2020
The amount invested by foreign investors in the Nigerian stock market fell by 41 percent year-on-year in 2020, official figures
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UPDC appoints new board chairman as Kasali resigns
UACN Property Development Company Plc has announced the appointment of Mr Wole Oshin as the new chairman of its board
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Nigeria’s annual VAT revenue surges 29% to N1.53tn
The revenue generated from Value Added Tax in Nigeria increased by 28.57 percent in 2020, buoyed by the increase in
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Ikeja Hotel posts N1.74bn loss as COVID-19 hits patronage
Ikeja Hotel Plc has reported a loss of N1.74 billion for the 2020 financial year, compared to a profit of
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