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SepInternational Energy Insurance declares N611m loss in FY 2020
International Energy Insurance Plc on Tuesday declared a loss after tax of N611 million for the year ended 31 December 2020. This represents 321.87% decline when compared to the profit after tax of N275.389 million declared in FY 2019. The underwriting firm reported a turnover of N564.56 million for the […]
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SepChellarams Plc reports N3.05bn as turnover in 12 months, PAT rises by 112%
Chellarams Plc on Tuesday published its Audited Financial Statement for the year ended 31 March 2022. A turnover of N3.054 billion was reported for the 12 months period, up by 120.10% from N1.387 billion reported the previous year. The Company declared profit after tax of N465 million for the period[…]
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SepMarket closes flat amidst weight shed in 16 equities
Transactions on the floor of the Nigerian stock market on Tuesday closed flat, following previous sessions of unclear market direction as the All Share Index closed at 49,627.72 points from the previous close of 49,625.71 points, indicating no significant change. The Market Capitalisation added just 1 billion to close at[…]
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SepFidelity Bank to issue 3.04bn ordinary shares to investors via private placement
Fidelity Bank Plc has notified the Nigerian Exchange and the investing public that the Company has scheduled an Extra-ordinary General meeting to finalise discussions regarding the issue the 3,037,414,308 unissued Ordinary Shares of 50 kobo each in the share capital of the Company by way of Private Placement. In a[…]
