Ex-MTN Nigeria CEO joins Unilever board
A former Chief Executive Officer of MTN Nigeria, Mr Michael Ikpoki, has been appointed as an independent non-executive director of
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Stocks
NAHCO suffers 68% profit drop as COVID-19 hits air travel
The Nigerian Aviation Handling Company Plc has posted a 68 percent decline in its profit before tax for the 2020
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Nigerian stocks post N1.13tn monthly gain, forex reserves up $1bn
Investors in the Nigerian stock market recorded a total gain of N1.13 trillion in January as the market capitalisation of
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Fidson Healthcare’s annual profit jumps 202%
Fidson Healthcare Plc more than tripled its profit before tax to N1.74 billion in 2020, compared to the previous year.
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UAC’s profit fell by N2.1bn in 2020
UAC of Nigeria Plc saw its profit before tax decline by 28.15 percent to N5.36 billion in 2020 from N7.46
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Cadbury Nigeria posts 84% decline in annual profit
Cadbury Nigeria Plc has reported a profit before tax of N246.67 million for the 2020 financial year, compared to N1.54
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Transcorp Hotels suffers N8.98bn loss as revenue halves
Transcorp Hotels Plc has reported a loss before tax of N8.93 billion for the 2020 financial year, compared to a
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AIICO Insurance boosts annual profit to N6.27bn
AIICO Insurance Plc has reported a profit before tax of N6.27 billion for the 2020 financial year, up from N5.99
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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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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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