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FCMB Group's annual profit drops 21% despite higher revenue

Nigeria, April 5 -- Net profit at the banking holding company FCMB Group fell by more than one-fifth last year amid galloping cost pressures even though revenue grew by as much as 53.9 per cent. Thes... Read More


Ecobank launches suit to stop Barbican Capital, others from selling shares in FBN Holdings

Nigeria, April 5 -- Ecobank Nigeria Limited, the local subsidiary of Lome-based Ecobank Transnational Incorporated, has initiated a legal action against Barbican Capital Limited, an affiliate of Honey... Read More


Custodian Investment proposes N6.5 billion final dividend as annual profit surges 172%

Nigeria, April 3 -- Custodian Investment Plc will hand shareholders N6.5 billion in final dividend payments for last year, which translates to N1.10 per share, the investment group announced on Wednes... Read More


GTCO, Access Holdings, Custodian Investment top stock pick this week

Nigeria, April 3 -- Nigerian equities advanced by 0.7 per cent last week, recording their first gain in five weeks due to increased interest in bank stocks. The market ended the first quarter yieldin... Read More


Julius Berger's annual profit climbs 24% to N16 billion

Nigeria, April 2 -- Julius Berger Nigeria posted roughly a quarter increase in post-tax profit for 2024, taking its bottom line to N15.5 billion, according to its newly released audited financial repo... Read More