11 Plc Post 40% Decline in Profit in Q2 2020 11 Plc, formerly known as Mobil Oil, reported a 13 percent decline in revenue from N92.805...
Seplat Petroleum Posts 34.2% Drop in Revenue in H1 2020 Seplat Petroleum Development Company Plc, a leading Nigerian independent energy firm, grew revenue to US$234 million...
Ecobank Posts N48.535bn Profit After Tax in Q2 2020 Ecobank Transnational Incorporated grew gross earnings to N392.013 billion during the quarter ended June 30, 2020. This...
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...
