Companies

Transnational Corporation Plc, (Transcorp Group), a conglomerate with interests in the power, hospitality, and energy sectors has reported a profit after tax of N5.0bn rising significantly by 147 per cent up from N2.0bn recorded in…

Zenith Bank Plc has announced gross earnings of N191.5 billion in its unaudited results for the first quarter ended 31st March 2022, representing a 22 per cent growth over N157.3 billion reported in Q1 2021. From the unaudited…

First Bank of Nigeria Limited has won two awards: Best Bank in Nigeria 2022 and Best Banking Digital Transformation Nigeria at the International Investor Awards 2022, a print and online publication that provides insights, news and…

UBA Plc has recorded N183.9 billion gross earnings in first-quarter 2022 representing 18.3 per cent over N155.4 billion of 2021. Its operating income which stood at N106.6 billion as of March 2021, also grew by N18 per cent to N125.9…

Zenith Bank Plc has emerged for the third consecutive year, as the Best Bank in Nigeria in the Global Finance Magazine’s Best Banks Awards 2022. The Bank was chosen among other banks from 36 countries in Africa and announced by the…

Investors shrugged off the money laundering allegations against the staff of Wema Bank and embraced the lender's shares, pushing them up by 4.70 per cent on the Nigerian Exchange Limited (NGX). The bank's shares rose 4.70 per cent…

Jaiz Bank Plc has announced a 48 per cent growth in profit, increasing to N4.3 billion in 2021 from N2.9 billion in the previous year. The profit came from the growth of its earnings which climbed 32 per cent to N25.8 billion in…

Preline Limited has bought further, additional 1.3 million ordinary shares equivalent to a 0.10 per cent stake in Eterna Plc. The fresh purchase now takes Pre line Limited's total stake in Eterna Plc to 796,269,774 ordinary…

SIFAX Group has trained 101 staff from its subsidiaries in the first quarter of 2022 in fulfilment of its human capacity programme. The training was focused on leadership competence, operations management, terminal traffic…

Abbey Mortgage Bank has appointed Mobolaji Adewumi as its Acting Managing Director. He replaces Madu Hamman who has just been appointed the new Managing Director of the Federal Mortgage Bank of Nigeria. Adewumi whose appointment was…