COVID-19 Drags Down Barclays’s Profit by 66% in H1, 2020 Barclays Bank, one of British leading banks, on Wednesday said its first half of the year...
Nigeria Realises N651.77 Billion from VAT in the First Quarter The Federal Government realised N651.77 billion from Value Added Tax in the first half (H1) of...
Banks Cut Non-Performing Loans to N1.2 Trillion in the First Quarter 2020 The total non-performing loans in the banking sector moderated to N1.2 trillion in the...
Foreign Assets of Banks Surged by 10.2% in Q1, 2020 The Central Bank of Nigeria has said net foreign assets of Nigerian banks rose by 10.2...
Commercial Banks Write Off N1.9trn in Bad Debts Agusto & Co, a credit rating agency, said banks have written off about N1.9 trillion bad loans from...
Julius Berger Reports N2.344bn Loss in Q2 2020 Julius Berger Nigeria Plc reported a revenue decline from N68.859 billion filed in the second quarter of 2019...
International Breweries Posts N12.751bn Loss in Q2 2020 International Breweries reported N12.711 billion loss for the quarter ended June 30, 2020. This was more than the...
Stanbic IBTC to Launch Insurance Company, Stanbic IBTC Insurance LTD Stanbic IBTC Holdings on Friday said it has commenced the process of establishing a wholly-owned Life...
Lafarge Africa Reports N15.262bn Profit Following Sale of South African Subsidiary Lafarge Africa Plc on Friday said it grew profit after tax by 160 percent in...
Cadbury Nigeria Profit Declines by 20% in H1, 2020 Cadbury Nigeria Plc on Thursday reported an 18 percent decline in revenue generated for the first half...
