Sterling Bank Records 65% Growth Profit After Tax To N8.521bn
Sterling Bank Plc on Monday reported a growth of 65 per cent in profit after tax (PAT) for the year ended December 31, 2018. The audited results of the bank showed PAT of N8.521 billion,...
NNPC Subsidiary, NETCO, Posts N3.257bn Profit For 2017
The National Engineering and Technical Company Limited (NETCO), a subsidiary of the Nigerian National Petroleum Corporation (NNPC) has recorded a profit before tax of N3.257 billion for 2017 financial year.
The breakdown shows that the company’s revenue increased...
Jaiz Bank Grows Profit By 161% To N894m
Jaiz Bank Plc-Nigeria’s pioneer non-interest commercial bank recorded significant growths in key performance indicators in 2017 with the Islamic bank making an average of a double of previous profit on every unit of transaction during the period.
Key...
Dangote Sugar Refinery To Pay Higher Dividend As Profit Hits N40bn
Dangote Sugar Refinery (DSR) Plc has reported improved results for the year ended 2017 and recommended higher dividends for shareholders.
Two other members of the Dangote Group, Dangote Cement Plc and NASCON Allied Plc had...
Dangote Cement Grows 2017 Profit By 43%
Dangote Cement Plc has posted a group net profit of N204.25bn for the year ended December 31, 2017, representing a growth of 43 per cent compared to the previous year’s figure of N142.86bn.
The group revenue also grew by...
GTBank Declares N200.2bn Profit Made In 2017
Guaranty Trust Bank has released its audited financial results for the year ended December 31, 2017, to the Nigerian and London Stock Exchanges, which shows that Profit Before Tax stood at N200.2 billion, representing a growth of 21.3...
