IATA Predicts 13.13% Rise In Airlines’ Profits   The International Air Transport Association says the global airline industry will have a 13.13 per cent increase in net profit this year. The association forecast that the industry would produce a net profit of $29.3bn in 2020, improved over...

Oando Records N13bn Profit In Q3, 2019   Oando Plc has announced its unaudited results for the third quarter ended September 2019, which showed that its profit after tax increased by 26 per cent to N13.1 billion, up from the N10.4 billion recorded in same period...

Top 5 Banks Records N417bn Profit In Six Months   Nigeria’s five topmost banks recorded a total profit of N416.55 billion in the first half of this year as a result of improved technology and an enhanced efficiency The average profitability of the top five banks rose...

Auto Industry Gets 3year Hit In Profit, Stocks   The nation’s automobile industry has been reeling under the pangs of harsh operating environment, just as the bottom-line of the sector’s listed equities, since 2015, remained subdued, with gloomy outlook, due to policy challenges. Indeed, most hit, within...

Turkish Airlines Records $258m Net Profit In H1 Turkish Airlines has announced revenue increase of 30 per cent in the first half of the year. The airline, in a statement on Tuesday, said it revenue reached $6bn, adding that having displayed a remarkable growth performance in...

GTBank Recommends N8.8bn Interim Dividend, Posts N109bn Profit Guaranty Trust Bank Plc wednesday released its audited financial results for the half year(H1) ended June 30, 2018, showing positive performance across all financial indices. The board of directors of the bank also recommended an interim dividend...