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COMPANY FINANCIAL RESULTS
Will Stanbic IBTC be able to generate profit from its personal banking division by full year?
The new issue will be made to redeem the existing N30 billion bond which was issued at 16.48%.
Flour Mills of Nigeria Plc walked directly into the heat of the Covid-19 pandemic in its first quarter...
First Bank is still the largest Nigerian bank by customer deposits but Zenith Bank is closing in.
Access Bank Plc also announced an interim dividend of 0.25K.
The Bank recorded 17.4% increase in Profit Before Tax from N44.65 billion to N52.41 billion.
MTN's expansion into the FinTech landscape could spell a rise of a mega monopoly.
With 9 months into 2020 accounting year, VITA FOAM already boosts a profit of N2.1billion.
Ecobank’s impairment losses were governed by 3 core elements in Q2 2020.
The rise in interest expense reflects the banks present struggles with generating low-cost deposit.
Profit was impacted by a number of one-off accounting adjustments totaling N17.2b.
In the analysis of revenue, DSR major turnover emanates from Lagos; one of its 4 segments.