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AprUnited Capital reports N2.44bn profit in Q1 2023
United Capital Plc has published its first quarter report for the period ended 31 March 2023. The financial institution achieved growth in its top line and bottom line figures. Gross Earnings of N5.34 billion was reported for the 3 months period, up by 26.87% from N4.21 billion reported same period […]
Nigerian Bourse recovers, advances by 0.02%
The Nigerian Bourse recovered from the previous decline of 1.48% on Monday, advanced by 0.00%. The All Share Index soared by 0.02% closing at 51,138.92 points against the previous close of 51,127.38 points. Consequently, investors gained N3 billion as market capitalisation also soared to N27.853 trillion from N27.850 trillion of[…]
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AprFG eyes more revenue as US increases purchase of Crude Oil
The United States has resumed huge crude oil importation from Nigeria, increasing the country’s oil revenue by N156bn last month, The PUNCH findings revealed. The US increased its imports to 4.3 million barrels in March, the highest since June 2018, according to Customs data on Refinitiv Eikon. US refiners turned[…]
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AprGTCO declares reports N169bn as profit in FY 2022, proposes N2.80 dividend to shareholders
Guaranty Trust Holding Company (GTCO) has declared a final dividend of N2.80 to its shareholders for the year ended 31 December 2022. The financial institution in its audited report posted Gross Earnings of N539.235 billion for the 12 months period, up by 20.42% from N447.811 billion reported the previous year.[…]
