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COMPANY FINANCIAL RESULTS
BUA Cement's Profit before Tax (PBT) for the period rose 69.1% (y/y) from N39.17 billion in 2018 to N66.23 billion.
Despite the substantial growth in loan book in 2019 (up 33% y/y) amidst frail macro conditions, we do not envisage a significant deterioration in Fidelity Bank's asset quality.
"The group will continue to focus on business continuity and efficiency, and we have implemented strict measures to preserve resources and strengthen our resilience.”
"We are seeing unprecedented demand to join the Jumia platform, especially for named brands. We believe those dynamics will help accelerate the shift toward online."
Being a market leader is great, but in times of economic despair, it can quickly turn you into prey.
Despite unprecedented challenges across Africa resulting from the COVID-19 pandemic, Continental Reinsurance has posted a 29% increase in gross premium
Food and beverage giant, Nestle Nigeria Plc, has released its unaudited financial statement for the first quarter (Q1), 2020.
Dangote Sugar Refinery Plc has announced that its Board of Directors will hold its meeting on Friday May 22, 2020 to take decisions on the company’s audited financial statements for the period that ended December 31, 2019, and unaudited financial statements for Q1, 2020 results.
African Alliance Insurance PLC has announced that its Board of Directors will hold a meeting at 54, Awolowo Road, Ikoyi, Lagos on Wednesday.
Years of declining revenues suggest there is a better way to value Guinness.
With the pandemic on our tails, one of the lessons many businesses and individuals have learnt is that certain things are more important than others.
The closed period will allow the company's board to consider the FY 2019 audited financial statement for the.