Access Bank Makes N50 Billion Profit In Six Months
Access Bank Plc has announced that it made a profit before paying tax of N50 billion in the first six months of 2016 covering...
Nigeria’s Equities Market Looks For Stimulus
Lack of investor confidence is leading to a string of losses by quoted companies on the Nigerian Stock Exchange (NSE). United Capital in its...
ntel repositions board for $1 billion investment
NatCom Development & Investment Limited “NatCom” ( ntel) has announced a key addition to its board and the emergence of elder statesman, accomplished businessman...
MTN Group issues profit warning over impact of Nigeria fine
South Africa based MTN Group on 19 July announced that it will make a loss for the six month period ended 30 June. The...
Oando Plc issues profit warning as naira fall raises debt by N24 billion
The difficult times at Nigeria’s leading indigenous energy group, Oando Plc is not going away soon as the company on 18 July warned that...
Why GTBank and Access Bank are releasing half year results late
GTBank and Access Bank have both informed the Nigerian Stock Exchange (NSE) that they will be releasing their half year results behind schedule.
In a...
Delta Air Lines Reports Pre-tax Income of $2.4 Billion for June 2016 Quarter
Atlanta based, Delta Air has announced pretax income of $2.4 billion and an adjusted pre-tax income for the June 2016 quarter of $1.7 billion,...
Nigeria’s “Managed” Floating Exchange Rate System – Restrained Freedom
After months of local and international clamour, the Central Bank of Nigeria (CBN) finally allowed the re-opening of the Nigerian Foreign Exchange market under...
Nigeria Breweries Sales Slow
Nigerian Breweries (NB), makers of popular drinks like Star Larger Beer and Maltina have seen a slowdown in sales in the first half of...
Naira devaluation cost Larfarge Africa Plc N28 billion
Lafarge Africa Plc, Nigeria’s second largest cement manufacturer, has informed the Nigerian Stock Exchange (NSE) that the recent devaluation of the naira will cost...
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