Nigerian Breweries records N10.2b profit in Q1

Posted by - May 8, 2018

Nigerian Breweries Plc started 2018 on a low note as sales and profit contracted within the first quarter. Key extracts of the interim report and accounts of Nigerian Breweries for the three-month period ended March 31, 2018 showed that sales dropped by nine per cent from N91.3 billion in first quarter 2017 to N83 billion

Custodian and Allied Grows Profit to N7.3bn, Declares 32k Final Dividend

Posted by - April 18, 2018

Custodian and Allied Plc, a non-bank financial institution with investments in life and non-life insurance, pension fund administration, trusteeship and property holding businesses, has announced its audited result for the year ended 31st December 2017. The group’s revenue rose from N38.551 billion to N43.052 billion in 2017. Operating expenses stood at 29.988 billion, compared with

Fidelity Bank Grows Profit By 67% in H1

Posted by - August 31, 2017

Fidelity Bank Plc has released its audited half year result for2017 with improvement in Profit After Tax (PAT) by 65.6 per cent or N3.6 billion to N9.04 billion from N5.46 billion in H1 2016. The result released on the floor of the Nigerian Stock Exchange showed Fidelity Bank was also able to grow gross earnings

Stanbic Grows Profit By 113% in H1, Declares 60k Interim Dividend

Posted by - August 30, 2017

Stanbic IBTC Holdings Plc. H1’17 results released the floor of the Nigerian Stock Exchange has shown a 113 per cent growth in Profit after tax (PAT) that settled at N24.1 billion from N11.317 billion declared in the corresponding period of 2016. Gross earnings for the banking group also grew by 36.3 per cent to N97.2

natnuPreneur Farmers Enjoy 37.5% And Above Profit Per Annum On Investment – Adewole

Posted by - August 16, 2017

The Coordinator of natnudO Foods’ broiler out-grower scheme tagged “natnuPreneur”, Mr. Gbolade Adewole, has disclosed that farmers registered under the six- seven week broiler production scheme, have consistently enjoyed between 7.5% and 15% profit on investment per cycle. With a potential to conclude 5 cycles per year, efficient farmers stand to make between 37.5% –