Stock market closes marginally higher, returns 0.22% WtD
The Nigerian stock market last week closed marginally higher as gains in MTN Nigeria and 41 other stocks keep the market afloat. The All Share Index was up by 0.22% to stand at 65,198.08 points from 65,056.39 points recorded the previous week. Market capitalization grew also by 0.22% to settle […]
Caverton declares N13.29bn revenue in six months
Caverton Offshore support group on August 1st, 2023 published its first half report for the period ended 30 June 2023. The result shows year on year marginal decline 4.84% in the company’s top line to settle at N13.285 billion from N13.960 billion recorded same period last year. Profit after tax[…]
Fidelity Bank Files N247bn Gross Earnings, grows EPS to N1.84 in half year 2023
Fidelity Bank plc released to the market its 2023 half year financial report for the period ended 30th June 2023 on30th July, 2023. The bank filed a gross earnings of N247.102 billion, up by 58.56% when compared with N155.840 billion reported in 2022. Profit before tax advanced by 138.42% to settle[…]
Zenith Bank names best commercial bank in Nigeria
Zenith Bank Plc has been named the Best Commercial Bank in Nigeria at the World Finance Banking Awards 2023 for a third consecutive year. The bank also emerged as the Best Corporate Governance Bank, Nigeria, in the World Finance Corporate Governance Awards 2023, retaining the award for a second consecutive[…]