Finance

First Bank named Nigeria’s strongest brand in 2026 by Brand Finance

First Bank, West Africa’s premier financial institution and financial inclusion service provider, has been recognised as the strongest brand in Nigeria in the “Nigeria 25 2026” ranking by Brand Finance, a leading independent brand valuation and strategy consultancy. The Bank achieved an AAA+ rating, the highest possible distinction, underscoring its unmatched brand strength and leadership […]
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Stanbic IBTC reports 79% PAT in H1’18

Stanbic IBTC Holdings Plc has announced 79 percent growth in its Profit After Tax, PAT, for the six months ended 30 June 2018, to N43.08 billion from N24.11 billion in the corresponding period in 2017.

HI’18: Manufacturing firms’ incur more costs, up by 20.2%

Despite the steady decline in the inflation rate over the past 18 months, leading manufacturers quoted in the Nigerian Stock Exchange, NSE, which operate across sectors have recorded significant upsurge of 20.2 percent in their operating expenses, OPEX, in the first half of 2018, HI’18. The figure rose to N233.9 billion from N194.6 billion recorded in H1’17.

NSE CEO unveils Foundation to support indigent students

The Chief Executive Officer, CEO of the Nigerian Stock Exchange, NSE, Oscar N. Onyema has unveiled its Non Governmental Organisation , NGO that will   provide selfless and sustainable high impact programmes that will positively affect the society.

Insurance is the safest form of risk transfer mechanism -Ilori

We have different kind of losses and they could be financial, psychological, emotional or sentimental. On the other hand, people have different ways of handling their risk either through risk avoidance, risk reduction, risk retention, risk sharing and risk transfer. There is one way of risk handling that is cultural but fast disappearing especially when it comes to supporting ourselves, which is our large family culture.

H1’18: Conoil records 29% profit rise

Conoil Plc has lived up to its pledge to maintain its growth momentum as the company’s recorded improved performance in  the first half, H1’18 with profit soaring by 29 percent to N809.78 million.

NCDMB seeks listing of more upstream oil & gas companies

The Nigerian Content Development and Monitoring Board (NCDMB) has called on stakeholders in the capital markets to work towards the listing of more companies in the upstream oil and gas sector as well as those that add value to the hydrocarbon resources in the country.

RAK Unity Petroleum shareholders okay10k dividend

Shareholders of RAK Unity Petroleum Company Plc have unanimously endorsed the proposal by its Board of Directors to pay a dividend of 10 kobo per share for the financial year ended December 31, 2017.

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