Fidelity Bank recorded strong financial performance in the first half of 2017, posting gross earnings of ₦85.8 billion in its audited results for the first half of 2017 Details of the results released at the Nigerian Stock Exchange (NSE) on Wednesday showed that the gross earnings rose by 22.1 percent from ₦70.3 billion in H1 […]
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…………Declares N0.20 Per Share Interim Dividend …………..African Subsidiaries Contribute 32% of the Group’s Earnings The Pan African financial institution, United Bank for Africa (UBA) Plc has announced its audited half year financial results ended June 30, 2017, showing remarkable performance across major metrics. UBA grew its gross earnings for the period by 34.5 percent to […]
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Zenith International Bank Plc has declared a profit after tax of ₦75.32 billion for the half year ended June 30,2017 according to its half year result released at the Nigerian Stock Exchange (NSE) on Thursday. The report showed that the profit-after-tax increased by 112.35 per cent when compared with ₦35.47 billion posted in the preceding […]
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The Oyo/Osun Command of Nigeria Customs Service has raked in ₦8.8 billion (approximately ₦9 billion) in the first half of 2017 fiscal year, notwithstanding economic recession slowing down commercial activities in the country. The Command also made 57 seizures of various prohibited items like textile materials, foreign rice, footwear, vehicles and bales of second hand […]
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Nigerian’s leading domestic airline, Med-View Airline, recorded a 27 per cent growth in profit in its half year period ended June 30, 2017 at ₦857.3 million from ₦671.5 million in 2016. Med-View also posted revenue of ₦13.0 billion for the period, representing a growth of 49 per cent from ₦8.7 billion posted as revenue in […]
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Financial performance of FBN Holdings Plc tumbled in the half year ended June 30, 2017 hammered by more than ₦491 billion Non-Performing Loans (NPLs) and ₦62.4 billion impairment charge for credit losses. This implies that over ₦100 billion that otherwise would have accrued to shareholders in profits was lost in the course of the year. […]
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Union Bank of Nigeria has posted a 23 per cent growth in gross earnings for the half year ended June 30, 2017. The bank’s gross earnings for the period under review rose to ₦73.7bn against ₦60.1bn achieved in the preceding period. This is contained in the bank’s half year result published by the Nigerian Stock […]
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