Seven Nigerian Banks Record N209.16bn Profits
Seven Nigerian banks recorded a combined profit after tax of N209.16bn in the first quarter of this year, their unaudited financial results showed.
The banks are Zenith Bank Plc, Guaranty Trust Bank Plc, Access Bank Plc, United Bank for Africa...
BoI Records N39.33bn Profit, Disburses N234bn To 10,145 Enterprises
With ₦234 billion disbursed to 10,145 enterprises, thus facilitating the creating of an estimated 1 million direct and indirect jobs, the bank of Industry (BoI) has recorded a profit of N39.33 billion for the2019 financial year.
Indeed,...
GTBank Declares N2.50 Final Dividend, Posts N198.85bn Profit
Guaranty Trust Bank Plc has declared a profit after tax of N196.85bn for the financial year ended December 31, 2019 as against N184.71bn reported in 2018, representing a growth of 6.6 per cent.
Based on the result, the...
Dangote Cement Posts N201bn Profit After Tax
Dangote Cement Plc has posted a profit after tax of N200.521bn for the financial year ended December 31, 2019 as against a profit of N390.325bn posted in 2018, representing a drop of 48.63 per cent.
Profit before tax stood...
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...
