Nigeria’s leading innovative financial institution, Wema Bank Plc, has emerged the best performing bank in the first half of year 2022 financial year with a weighted average score of of 2.83 points, beating 12 other banks. According to a special report on the Nigerian banking performance in the first half of 2022 prepared by an
African e-commerce company, Jumia Technologies has announced its unaudited financial results for the second quarter (Q2) ended June 30, 2022 with $57.3million revenue, representing an increase of 43 per cent from $40.2million reported in second quarter ended June 30, 2021. The company in a statement stated that the increase in revenue was driven by the
The Nigerian Exchange Group (NGX Group) has announced its unaudited results for the half year (H1) ended June 30, 2022 with N820.17million profit, representing an increase of 82.4 per cent from N million reported in the half year ended June 30, 2021. The group’s H1 2022 results also revealed that profit before income tax grew
