Nigerian Bourse closes 1.42% higher as MTN, Airtel add weight
The Nigerian equity market on Thursday closed higher buoyed by gains in MTN Nigeria, Airtel Africa and 30 other stocks. The All Share Index grew by 1.42% to close at 50,835.95 points against the previous close of 50,126.41 points on Wednesday day. The market capitalisation closed at N27.406 trillion, grew […]
Julius Berger boosts Q1 2022 profit by 31.8%
Julius Berger last week Friday reported growth in its top line and bottom line figures for the First Quarter ended 31 March 2022. The construction giant reported a turnover of N106.45 billion for the 3 months period, up by 49.50% from N71.2 billion reported in Q1 2021. Profit after tax[…]
Fidson Healthcare reports N10.24bn as revenue, PAT rises by 98.37% in Q1 2022
Fidson Healthcare Plc has published its First Quarter report for the period ended 31 March 2022. The company reported a turnover of N10.244 billion for the 3 months period, up by 61.23% from N6.353 billion reported in the corresponding period the previous year. Profit after tax grew year on year[…]
UBA increases market share by 18.31%, PAT rises to N41.5bn in Q1 2022
United Bank for Africa (UBA) in the First Quarter of 2022 has increased its market share by 18.31% as it recorded a Gross Earnings of N183.9 billion as against N155.45 billion recorded in Q1 2021. The Group in 3 months reported profit after tax of N41.496 billion, up by 8.76%[…]