Business News
Business and economic news from Nigeria and around the world.
FBN Holdings Plc posts Profit Before Tax of N14.8 billion in Q4 2020
FBN Holdings Plc recorded a 29% Y-o-Y decline in its PBT for Q4 2020.
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Honeywell Flour Mills declares N120 million profit in Q3 2020/21
Honeywell Flour Mills Plc has declared a profit of N120 million in the third quarter of 2020/21.
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BUA Cement declares N16.95 billion as profit in Q4 2020
BUA Cement Plc posts N16.95 billion profit in Q4 2020, 2.34% lower than 2019 figures.
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MTN, Airtel Nigeria commence NIN registration in Lagos, Abuja, Port Harcourt
MTN and Airtel Nigeria have commenced the NIN registration exercise in selected cities on behalf of the NIMC.
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Stanbic IBTC Holdings Plc posts Profit After Tax of N17.04 billion in Q4 2020
Stanbic IBTC reported a PAT of N17.04 billion for Q4, 2020, representing a 12.5% decline when compared to N19.48 billion...
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France shuts borders to non-EU nations from Sunday
France has shut its borders to non-European Union nations as it steps down from a third lockdown.
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NAHCO Plc records 68% decline in 2020 FY pre-tax profits
Nigerian Aviation Handling Company Plc (NAHCO) recorded a significant decline in its 2020 FY pre-tax profits, as total revenue declined.
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Airtel Africa Plc records 3.8% decline in 2020 9M pre-tax profit
Airtel Africa Plc recorded a marginal decline in its 2020 9M pre-tax profit, as total revenue increased.
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Apapa Port railway extension substantially completed – FG
The FG has announced substantial completion of the Apapa Port railway.
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Vitafoam declares N1.11 billion as profit in the first quarter of its financial year 2020/21
Vitafoam Nigeria Plc declared N1.11 billion profit after tax in Q1 2021, 35.72% higher than 2019 figures
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