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Thursday, May 2, 2024
Union Bank Boosts Pre-tax Profit, Declares Dividend for 2020

Union Bank Boosts Pre-tax Profit, Declares Dividend for 2020

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Union Bank Plc.’s boosts performance as pre-tax profit rose to N25.4 billion in 2020 amidst pandemic-induced stress in the global economy.
NGX Trades Negative, Equities Investors Lose N33bn

NGX Trades Negative, Equities Investors Lose N33bn

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The bears returned to the Nigerian equities market on Thursday as profit-taking activities witnessed in MTNN (-0.5%), and STANBIC (-5.6%) caused a 0.1% decline...
Samsung Launches Galaxy S20 Tactical Edition for DoD Operators and the FG

Samsung Launches Galaxy S20 Tactical Edition for DoD Operators and the FG

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Samsung Launches Galaxy S20 Tactical Edition for DoD Operators and the FG
Oil magnate lauds TAJBank for expanding the drive for non-interest banking services

Oil Magnate Lauds TAJBank for Expanding the Drive for Non-interest Banking Services

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Auwalu Rano, an oil Magnate and Chairman A.A. Rano Nigeria Limited, a major oil marketing company,  has commended the managemen
Sovereign Trust Insurance records N687m profit after tax in 2020

Sovereign Trust Insurance Records N687m Profit After Tax in 2020

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Sovereign Trust Insurance Plc on Saturday said it recorded a Profit After Tax (PAT) of N687 million in 2020, against N503 million recorded in 2019.
Insurance Companies Collect N729.1bn Premium in First Three Quarters of 2023

Insurance Companies Collect N729.1bn Premium in First Three Quarters of 2023

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Insurance companies collected N729.1 billion as premium in the first three quarters of 2023, an increase of N196 billion over the N532.7 billion collected in the first three quarters of 2022.
Voice of Nigeria Season 3: FirstBank Partners UN1TY Media

Voice of Nigeria Season 3: FirstBank Partners UN1TY Media to Promote Nigerian Music

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Voice of Nigeria Season 3: FirstBank Partners UN1TY Media
Nigerian Banks Market Valuations Soften Further

Nigerian Banks Market Valuations Soften Further

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Nigerian banks’ market valuations have dropped significantly, and it appears few of the players have been spared in selloffs in the local bourse.  Few gains were driven by small-cap banks in the tier-2 category.
Fidelity Bank Valuation Spikes as Market Weighs UK Acquisition

Fidelity Bank Valuation Spikes as Market Weighs UK Acquisition

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Equities investors placed a much higher price on Fidelity Bank shares in the local bourse in the just concluded week following a healthy earnings heartbeat and management move to acquire Union Bank UK.
FBNH Plc.’s Beautiful Turnaround Drives Numbers Upgrade

FBNH Plc.’s Beautiful Turnaround Drives Numbers Upgrade

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FBN Holdings (FBNH) Plc. earned equity analysts buy rating as financial services boutique’s beautiful turnaround strengthen its balance sheet quality and earnings profile.