Zenith Bank Plc on Tuesday declared an interim dividend of 30 kobo to its shareholders for the period ended 30 June 2022. The financial institution reported a Gross Earnings of N404.763 billion for the 6 months period, up by 17.13% from N345.559 billion reported the previous year. Profit after tax grew year on year by 4.99% to […]
Timi Olubiyi, PhD Despite the significance of SMEs to the economy and national development, Africa has a high rate of business failures and short-lived businesses. In Nigeria SMEs account for 48 percent of the national GDP, 96 percent of businesses, and 84 percent of employment in the country, according to a PricewaterhouseCoopers (PwC) report. In contrast, due[…]
Mutual Benefits Assurance Plc last week Friday published its Second Quarter report for the period ended, 30th June 2022. A turnover of N18.45 billion for the 6 months period, up by 20.25% from N15.34 billion reported the previous year. Profit after tax grew by 278.28% to N3.538 billion from the loss after tax of N1.984 billion reported in[…]