CATEGORY: COMPANIES

5 Possible Reasons Why Etisalat Defaulted

Nairametrics| Business definitely looked rosier for Etisalat after six months of operations in Nigeria. The telecoms company with a...


GT Bank Reports Record N132 billion Profit After Tax  (FY 2016)

GT Bank today released audited results for the financial year ended 31 December 2016.   Net Interest Income N’million...


Access Bank Earns N16.2 billion From Sale of Stake in SIPML

Nairametrics| Tier one lender, Access Bank Plc made a profit of N16.2 billion from the sale of its 17.65%...



What You Need To Know About The New Changes For Company Incorporation In Nigeria

Nairametrics|In response to Nigeria’s poor performance in the World Bank’s Ease of Doing Business ranking, the Federal government in...


What Shell’s Bonga Shutdown Means For The Nigerian Economy

Nairametrics| Nigeria has had what you can describe as one of the best two quarters since the Buhari administration.  The...


Access Bank Reports N90.3 Billion Profit Before Tax (FY 2016)

Access Bank Plc audited results for the financial year ended December 2016. Gross Earnings N’ Million FY 2016| 381,320...


FG’s NLNG Dividend Drops By 65%, Lowest Level in 10 years

Nairametrics| The Federal Government’s share of dividends from Nigeria Liquefied Natural Gas (NLNG) dropped by as much as $687 billion,...


What Happens To Omatek Ventures After Mrs. Seriki’s Death?

Nairametrics| The sudden death of the Founder/CEO of Omatek Computers, comes as a great loss to the information and...


Deal: Regency Alliance And NEM Insurance Merge Ghana Units?

Nairametrics|Regency Alliance Insurance recently put out a notice to the Nigeria Stock Exchange (NSE) that its subsidiary in Ghana...


Why GT Bank Stopped Paypal Services

Nairametrics| MD of Guaranty Trust Bank, Segun Agbaje at an event on Friday gave insight as to why the bank...


Naira Depreciation Cost Nestle N23 billion In Exchange Rate Loss

Nairametrics| Nestle Nigeria Plc released its 2016 results showing revenues rose 20% to N181.9 billion (2015: N151.2 billion). Profit after...


Zenith Bank Shares Tank After Earnings Call “Blunder” 

Nairametrics| Shares of Zenith Bank Plc took a major pounding after releasing impressive 2016 FY results. The bank had...


ALERT: Download Nestle Nigeria 2016 FY Result

Nestle Nig Plc today released audited results for the financial year ended 31 December 2016. Revenue N’million FY 2016|...


MTN Reports $108 million Loss, First In 20 Years; Blame Nigerian Fine

Nairametrics| Africa’s largest mobile phone company, MTN Group has announced a loss of R1.4 billion ($108 million) for the...


Exclusive: How Dangote Cement Avoided N64.4 billion Tax Charge In 2016 FY Results

Nairametrics| It’s not every Nigerian company that gets to claim a tax benefit from a Scheme that’s currently under...


ALERT: Download Transcorp Nigeria 2016 FY Result

Transcorp Nigeria Plc today released audited results for the financial year ended 31 December 2016.   Revenue N’million FY...



Dangote To The World: “We Have Stopped Cement Importation in Nigeria”

Dangote Cement released its 2016 results on Tuesday and as expected impressed investors with a N186.6 billion in profits....


Analysis: Dangote Cement Beats Estimates; Post N186.6 Billion Profits

Commentary This morning, Dangote Cement Plc (DANGCEM) released its audited FY 16 results with EPS of N11.34 — 6%...


ALERT: Download Dangote Cement 2016 FY Results

Dangote Cement today released audited results for the financial year ended 31 December 2016. Revenue N’million FY 2016| N615,103...