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NovA recent report published by the National Bureau of Statistics on Internally Generated Revenue at State Level (2023) revealed that the 36 states and the FCT generated a total of N2.43 trillion as Internally Generated Revenue (IGR) in 2023. This represents a growth rate of 26.03 percent from N1.93 trillion recorded in 2022. Key highlights of the […]
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NovDangote Sugar Refinery Plc has announced a substantial loss after tax of N184.36 billion for the nine-month period ending September 30, 2024. While the company’s revenue grew by 56.41% to N484.427 billion, a significant increase in finance costs (up 1561.8%) to N300.175 billion eroded profitability. As a result, the company’s earnings per share stood at a negative[…]
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OctFidelity Bank Plc has announced impressive financial results for the third quarter of 2024. The bank recorded substantial growth in both its top and bottom lines. Financial Highlights for Q3 2024: These strong results demonstrate Fidelity Bank’s robust performance and its ability to capitalize on growth opportunities in the Nigerian market.
