Access Bank Plc recorded N45.10 billion as Profit Before Tax, for its first quarter ended March 31, 2019, representing 64.4 percent increase compared to N27.44 billion posted in the corresponding quarter in Q1’18. Highlights of the bank’s Q1 financial statement was released on the Nigerian Stock Exchange, NSE, showed that the bank’s earnings rose by
Ecobank Transnational Incorporated Plc (ETI) has posted profit after tax of N102.2 billion for the financial year ended December 31, 2018. The financial institution’s results revealed on the Nigerian Stock Exchange (NSE), recently, showed that profit for the year up by 46 per cent to N102.2 billion from 69.7 billion in 2017. The Group’s earnings
The Nigerian National Petroleum Corporation (NNPC) has declared a trading surplus of N12.13 billion in its financials for December 2018. In a recent report on its Monthly Financial and Operations Report for December 2018, the NNPC said its positive financial performance in the month under review was in spite of disturbing reports of breaches on
The Managing Director of HFC Bank, Robert Le Hunte, has said the bank intends to raise some GH¢50 million through a rights issue by close of year, in a bid to meet the central bank’s requirement of GH¢120 million capitalization. When successful, it will bring HFC’s capitalization to GH¢140million, above the minimum requirement, and strengthen
Barclays Africa Group, one of the largest financial service providers in Africa with operations in 12 countries, on Friday reported a solid financial performance for the first half of the year, demonstrating continued resilience in a deteriorating economic environment in South Africa, its largest market. The announcement marked the first time that the company reported
