31
AugCutix Plc on Tuesday published its First Quarter report for the 3 month ended 31, July 2022. A turnover of N1.914 billion was reported for the 3 months period, up by 3.11% from N1.857 billion reported the previous year. Profit after tax declined year on year by 29.92% to N96 million from N137 million achieved the previous […]
31
AugFidelity Bank Plc has notified the investing public that it has entered a binding agreement to acquire a 100% equity stake in Union Bank UK Plc, for which the Central Bank of Nigeria (CBN) had issued a letter of “No Objection”. The Union Bank UK commenced London operations in 1983 to provide competitive banking services, including personal[…]
30
AugThe Federal Government of Nigeria has proposed a budget N19.76 trillion for 2023 with a projected deficit of N11.30 trillion. According to the Minister of Finance, Zainab Ahmed, the government projected the total revenue of N8.46 trillion, out of which N1.9 trillion is expected to come from oil related sources while the remaining is to come from[…]
