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AprUBA 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% […]
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AprGTCO reports N43.21bn as profit in Q1 2022
Guaranty Trust Holding Company on Tuesday published its First Quarter report for the period ended 31 March 2022. The Holding Company for the 3 months period recorded Gross Earnings of N119.59 billion, up by 12.65% from N106.17 billion recorded the previous year. Profit after tax of N43.21 billion was reported[…]
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AprMTN Nigeria to raise N127bn through Commercial Paper Issuance
MTN Nigeria has notified the Nigerian Exchange and the investing public of its N127 billion Series 1&2 Commercial Paper Issuance under its registered N150 billion Commercial Paper Programme. The issuance comprise two tenors – a 184-day Series 1 issuance priced at 7.50% yield and a 254-day Series 2 issuance priced[…]
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AprMarket sustains bullish trend, grows further by 0.05%
The Bull sustained dominance on the floor of the Nigerian stock market on Tuesday as the All Share Index (ASI) grew further by 0.05% to settle at 48,568.57 points from the previous close of 48,543.36 points on Monday. Market capitalization advanced by 0.05% to close at N26.184 trillion from the[…]
