Africa’s Global Bank, United Bank for Africa (UBA) Plc, delivered an outstanding performance for the half year ended June 30, 2023, as announced in its audited financial report.
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Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2023, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE).
The crucial market indices of the Nigerian Stock Exchange on Friday returned back to negative territory after a day growth, dropping by 0.43 per cent.
The Nigeria Sovereign Investment Authority, managers of the Sovereign Wealth Fund, says it made a profit of N46.5 billion in 2018.
The New York Times Co signed up thousands of digital subscribers in the third quarter, helping the newspaper publisher top Wall Street profit forecasts and driving its shares 12.5 per cent higher on Thursday.
Hassan Usman, the bank’s Managing Director, said this at the bank’s ‘Facts Behind the Figures’ at the Nigerian Stock Exchange in Lagos on Wednesday.
The unaudited and provisional results released to The Nigerian Stock Exchange show that the N10.2 billion represents an 11.8 per cent decrease over the N11.4 billion recorded in the corresponding period in 2017.
The year-on-year upturn of almost £100 million was attributed to the club securing Champions League football, as well as increases in television, sponsorship and corporate hospitality and merchandising income.
The news has made Adidas lift its 2020 profitability forecast and shares following sluggish sales and profit records in 2017 and the start of 2018.