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Friday, March 29, 2024

AMCON Takes Over Assets Of Hydro Hotels Limited Over N600 Million Debt

  The Asset Management Corporation of Nigeria (AMCON) has recorded yet another victory over an obligor whose total indebtedness is over N600million. The takeover of...

Fidelity Bank Announces Gross Earnings of N105.8bn For Half Year 2020

Fidelity Bank Plc in the first half of 2020 rose to N10.5.8 billion from N103.7 billion in the same period of 2019. Interest income rose...

Access Bank Posts N81bn Profit, Propose 25 Kobo Interim Dividend

Access Bank Plc has reported a profit after tax of N81.0 billion, for the financial period ended June 30, 2020. However, this amount is...

GTB Declares N109.7bn Pre-Tax Profit For Half Year 2020

Guaranty Trust Bank Plc has announced a pre-tax profit of N109.7 billion for the first half of 2020. The company revealed this information in...

Shareholders Of Zenith Bank To Get 30 Kobo Interim Dividend

Shareholders of Zenith Bank Plc will receive an interim dividend of 30 kobo per share for the first half of 2020 ended June 30,...

Forex: Speculators set to count losses

Speculators in Nigeria’s foreign exchange market are set to count huge losses as the Naira continues to surge against the dollar, following the interventions...

Covid-19: Non-Interest Bank Stakeholders Call For Closer Monitoring Of Financial System

  The implementation of effective fiscal and monetary policy measures is critical towards addressing the unexpected impact of the Covid-19 pandemic on the Financial System. The...

UBA Declares 17 Kobo Interim Dividend For Half Year 2020 Amidst Global Pandemic

United Bank for Africa Plc (UBA) has announced an interim dividend of N0.17 for every ordinary share of 50 kobo each, which subject to...

Access Bank, Wigwe emerge winners at 2020 African Banker Awards

Access Bank PLC and its Group Managing Director, Herbert Wigwe, were recognised as winners of the ‘Agriculture Deal of the Year’ and ‘African Banker...

AMCON N5trillion Debt: AMCON, Senate Collaborates To Drive Recovery

“We want the 9th Senate of the Federal Republic of Nigeria to pile pressure on some of our obligors through the Senate Committee on...

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How Access Holdings Reports Strong FY2023 Financial Performance, Grows PBT by 335%, Earnings to...

Access Holdings Plc has announced its audited Consolidated and Separate Financial Statements for the year ended December 31, 2023. In the year under review, the...

RE: CRISIS IN EKO ELECTRICITY DISTRIBUTION PLC- NERC  PROVIDES FIRM CLARIFICATION 

RE: CRISIS IN EKO ELECTRICITY DISTRIBUTION PLC- NERC  PROVIDES FIRM CLARIFICATION We refer to the publications made in relation to the above. We hereby inform the...

Palliatives: Dangote donates 80,000 bags of rice to Lagos residents  … Sanwo-Olu says...

The Aliko Dangote Foundation, (ADF) has flagged off the distribution of 80,000 10kg bags of rice to the vulnerable in Lagos state. President of Dangote...