Five Tier-1 Banks Raked in N1.74trn Profit in Nine Months   United Bank for Africa Plc (UBA), Zenith Bank Plc, and three other financial institutions generated N1.74 trillion profit in 9 months ended September 30, 2023, representing an increase of 168 per cent over N648.84 billion...

NGX Profit After Tax Rises by 606% to N 1.22bn   The profit after tax of the Nigerian Exchange Limited (NGX) surged by 606.2 per cent to N1.22bn at the end of the third quarter compared to N172.7m in the same period of 2022. In the unaudited...

Stock Market Profit Rises to N75bn   The Nigerian Exchange Limited on Thursday continued its upward movement with a N75bn gain for investors. The All-Share Index moved up by 0.26 per cent or 138.26 base points to 52, 235.88. Similarly, the market capitalisation appreciated by 0.26 per...

Investors Lose N26bn On Profit-taking Activities   The equities market closed the first trading week of the year on a negative zone with investors recording N26 billion losses. The development is contrary to analysts’ prediction that the bullish trend the market took towards ended 2022 would be...

NGX Group Posts N820.17m Profit In H1, 2022   The Nigerian Exchange Group (NGX Group) has announced its unaudited results for the half year (H1) ended June 30, 2022 with N820.17million profit, representing an increase of 82.4 per cent from N million reported in the half...

Jaiz Bank Increases Its Half-year Profit By More Than 27%   Jaiz Bank Plc's unaudited financial results for the second quarter ended 30 June 2022 were released to the Nigerian Exchange Group (NGX), revealing a 27.6% increase in Profit After Tax (PAT) from N1.99 billion declared...