The Nigerian stock market on Tuesday closed on a bearish note, occasioned by profit taking in MTN and 36 other stocks. The All Share Index declined by 1.86% to close at 50,442.37 points from the previous close of 51,400.53 points. The Market Capitalisation declined by 1.86% to close at N27.202 trillion from the previous close of N27.718 […]
First City Monument Bank (FCMB) on Monday published its half year report for the period ended 30 June 2022. The report shows year on year growth in the Group’s topline and bottom line figures. Gross Earnings of N126.22 billion was reported for the 6 months period, up by 33.96% from N94.23 billion reported the previous year. Profit[…]
The second quarter financial report of Ecobank Transnational Incorporation for the period ended June 30th 2022 reveals that the gross earnings grew by 14.59% closing at N503.6 billion from the previous close of N439.5 billion in 2021. The bank’s profit After Tax improved by 23.60% to settle at a loss of N77.3 billion from the previous PAT of[…]