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Author Archives: Ruth Omoteso

Home Ruth Omoteso Page 264

08

Jul

Ardova Plc reports N62.93bn as turnover, PAT declines by 83.36% in Q1 2022

  • Ruth Omoteso
  • Quarterly Financial Report

Ardova Plc in the First Quarter of 2022 reported a turnover of N62.934 billion, up by 49.89% from N41.987 billion reported the previous year. Profit after tax for the 3 months period was N193.196 million, down by 83.36% from N1.16 billion reported in Q1 2021. Earnings per share of the Group dropped to 15 kobo in Q1 […]

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08

Jul

Market rebounds marginally with 0.01% growth, gains N12bn

  • Ruth Omoteso
  • Daily Market Closure

The Nigerian stock market on Thursday halted three sessions of downtrend as the All Share Index appreciated marginally by 0.01% to close at 51,563.73 points from the previous close of 51,556.54 points. The Market Capitalisation was up by 0.04% to close at N27.807 trillion from the previous close of N27.795 trillion, thereby gaining N12 billion. An aggregate[…]

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08

Jul

Ardova Plc declares N3.85bn loss after tax in FY 2021

  • Ruth Omoteso
  • financial report

Ardova Plc on Thursday published its Audited Financial Statements for the year ended 31 December 2021. The Group reported a turnover of N201.44 billion for the 12 months period, up by 10.72% from N181.94 billion reported the previous year. A loss after tax of N3.85 billion was reported for the year under review, down by 307.13% from[…]

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  • November 03, 2025

    Banking Sector in Q3 2025: Wema Bank Leads Industry in Turnover and PAT Growth

    November 03, 2025

  • November 03, 2025

    Stock Market Returns -0.98% WoW, sheds N964bn

    November 03, 2025

  • October 31, 2025

    Zenith Bank reports N764.2bn profit as gross earnings hit N3.37trn

    October 31, 2025

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