In its audited report submitted to the Nigeria Stock Exchange on Tuesday, the pan-African bank also recorded superlative performance in other key financial indices despite the harsh operating environment during the period.
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This represents a 7 per cent growth when compared to N586.9 posted in the corresponding period of 2019.
In its audited report submitted to the Nigeria Stock Exchange on Friday, the pan African bank also recorded superlative performance in other key financial indices despite the harsh operating environment.
The Company Secretary, Fola Akande, made the disclosure in a notification letter sent to the NSE in Lagos.
The bank denied this in a statement signed by Sunday Ekwochi, its Company Secretary, posted on the Nigerian Stock Exchange website.
Zenith Bank Plc has announced its unaudited results for the first quarter ended March 31, 2020, with gross earnings rising by 6 per cent from N158.1 billion in March 2019 to N166.8 billion.
The nation’s bourse extended its positive trend on Wednesday with a growth of 3.02 per cent, amid gains by Dangote Cement and Tier 1 banks.
Specifically, the market capitalisation, which opened for the week on Monday at N10.993 trillion, shed N222 billion or 2.02 per cent to close at N10.771 trillion
Nigerian Breweries Plc has notified the Nigerian Stock Exchange and the investing public of the resignation of Atedo Peterside from its Board of Directors.
The bank offered the explanation in a memo signed by its Company Secretary, Sunday Ekwochi,
Trading activities rebounded on the Nigerian Stock Exchange on Tuesday due to price growth posted in some large and medium capitalised equities.
The News Agency of Nigeria reports that the seven-year bond issued at coupon rate of 14.50 per cent on June 13, 2019 would mature on June 13, 2026.
Transactions on the Nigeria bourse on Tuesday closed negative with a decline of N20 billion, extending bearish sentiment for the second day running.
The Nigerian Stock Exchange on Thursday achieved a milestone with the listing of MTN Nigeria Communications Plc 20.35 billion shares at N99 per share lifting the market capitalisation by N1.83 trillion.
Lagos, April 3, 2019 (NAN) Dangote Sugar Refinery, a subsidiary of Dangote Group, has declared a profit before tax of N34.6 billion for the financial year ended Dec. 31, 2018.
The Nigerian Stock Exchange opened trading for the week on Monday with the All-Share Index appreciating by 0.45 per cent in spite of technical obstructions.
A review of the results shows positive performance across all financial indices, reaffirming the Bank’s position as one of the most profitable and well managed financial institutions in Nigeria.
The Chief Executive, Nigerian Stock Exchange, Oscar Onyema, on Friday unveiled a foundation aimed at tackling the gap in the nation’ s educational system.
Chidi Okezie, the bank’s Company Secretary, in a notification to the exchange, said Stanbic Africa Holdings (a subsidiary of Standard Bank Group and parent company of Stanbic IBTC Holdings) recently acquired the 1.14 billion shares.
Mutallab, who disclosed this at the bank’s Annual General Meeting in Abuja on Friday, said the bank’s gross income from financing also increased from N5.29 billion in 2016 to N6.24 billion in 2017.