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NGX Places Sanctions on PZ, Presco, African Alliance Insurance Plc, and Others
Recently, the NGX Regulation Limited placed sanctions on firms like Presco Plc, eTranzact International Plc, NCR (Nigeria) Plc, African Alliance Insurance Plc, ABC Transport Plc, and PZ Cussons Nigeri...
UBA Announces N142.58 Billion Post-tax Profit in Q1 2024
In the first quarter of 2024, United Bank for Africa's post-tax profit increased by 166% to N142.58 billion, driven primarily by a significant rise in interest income.UBA's interest income increased f...
Fidelity Bank Plc Gains 120.1% PBT in Q1 2024
Fidelity Bank Plc recently announced a 120.1% growth in profit before tax in the first quarter (Q1), which ended March 31, 2024. The bank recorded N39.5bn for Q1 2024, which was far from the correspon...
Odu’a Investment Company Limited to Improve Shareholder’s Return in 42nd AGM
Odu'a Investment Company Limited's board and management have announced that they will continue their excellent work to ensure investors get the best returns.The company announced this during the Group...
Nigerian Exchange Limited Suffers N3.6 Trillion Loss According to Statistics
In April 2024, statistics revealed that investors in the Nigerian Exchange Limited (NGX) stock market segment suffered losses of over N3.6 trillion due to the CBN's attractive yields on Nigerian Treas...