Ecobank Transnational Incorporated (ETI), the Lomé-based parent company of the Ecobank Group, has announced today that it has repaid upon maturity the 5-year US$400 million convertible debt issued in September and October 2017. The holders of the convertible debt did not exercise their option to convert their holding into ordinary shares during the conversion period of 19 […]
Dangote Cement in the Third Quarter of 2022 hit N1.177 trillion as revenue. This represents 15.17% growth compared to N1.022 trillion reported the previous year. The cement manufacturing giant declined in its profit after tax by 23.41% year on year to N213.1 billion from N278.25 billion reported in Q3 2021. Earnings per share of Dangote Cement stands[…]
Fidelity Bank reported Gross Earnings of N241.894 billion was reported by the Financial Institution for the 9 months period, up by 38.74% from N174.354 billion reported the previous year. Profit after tax grew year on year by 31.86% to N34.959 billion from N26.512 billion reported in Q3 2021. Earnings per share of Fidelity Bank for the period[…]