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AprMTN Nigeria gets final approval to commence operation of Momo Payment Service Bank Limited
MTN Nigeria has been granted the final approval by the Central Bank of Nigeria (CBN) to operate as Momo Payment Service Bank Limited. In November 2021 MTN Nigeria and Airtel Africa received an “Approval in Principle” (AIP) from the Central Bank of Nigeria to operate as Payment Service Banks. MTN […]
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AprUnion Bank reports N16.92bn as profit in FY 2021
Union Bank of Nigeria on Tuesday published its Audited Financial Statements for the period ended 31 December 2021. The Financial Institution reported the Gross Earnings of N177.27 billion for the 12 months period, up by 8.05% from N164.06 billion reported the previous year. Profit after tax was down year on[…]
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AprStock market advances by 0.72%, investors gain N182bn
Transactions on the floor of the Nigerian Stock Market on Tuesday closed on a positive note as the All Share Index appreciated by 0.72% to close at 47,205.03 points from the previous close of 46,867.95 points. Investors gained N182 billion as the Market Capitalisation grew by 0.72% to close at[…]
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AprBUA Foods declares N3.50 as dividend, profit rises by 85.06% in FY 2021
BUA Foods Plc has declared a dividend of N3.50 to its shareholders for the year ended 31 December 2021. The Audited Financial Statement of the Company shows significant growth in the Company’s top line and bottom line figures. A turnover of N333.27 billion was reported for the 12 months period,[…]
