31

Aug

Cutix Plc reports N1.91bn as turnover in Q1

Cutix Plc on Tuesday published its First Quarter report for the 3 month ended 31, July 2022. A turnover of N1.914 billion was reported for the 3 months period, up by 3.11% from N1.857 billion reported the previous year. Profit after tax declined year on year by 29.92% to N96 million from N137 million achieved the previous[…]

31

Aug

Fidelity Bank to acquire Union Bank UK

Fidelity Bank Plc has notified the investing public that it has entered a binding agreement to acquire a 100% equity stake in Union Bank UK Plc, for which the Central Bank of Nigeria (CBN) had issued a letter of “No Objection”. The Union Bank UK commenced London operations in 1983 to provide competitive banking services, including personal[…]