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CBN, SEC, NSE, others urge code of corporate governance compliance
Regulators in the capital, money market as well as counterparts in other sectors of the economy, have stressed on the need for companies to ensure maximum compliance of the Nigerian code of…
NAHCO profit falls to 13-year low as income tax expense hit earnings
The Nigerian Aviation Handling Company Plc (nahco aviance), a leading aviation ground handling service provider in the country, saw its full-year 2018 profit hit its lowest level in thirteen…
GTBank’s Q1 profit rises 10% to N49bn despite lower net interest income
The decline in net interest income witnessed by Nigeria’s largest bank by market capitalisation, Guaranty Trust Bank Plc, in 2018 has extended to the first three months of 2019, but that was…
Nigerian insurers bleed on Egina FPSO loss claims
Claims expense by insurers on the Egina FPSO Oil Field has been described as the largest ever recorded in the Nigerian insurance industry.
Broken into tranches according to loss…
Zenith Bank profit surges 6.7% to N50bn in Q1 2019
Tier-1 bank, Zenith Bank recorded a 6.7 percent surge in after-tax profits in its Q1 2019 financial results to N50 billion, from N47 billion in 2018.
Highlights of the results show that…
Chams has capacity to handle electronic voting for Nigeria – Williams
In this interview, Femi Williams, Group Managing Director and Chief Executive Officer Chams Plc speaks to select journalists including Iheanyi Nwachukwu. Excerpts
Recently, you informed…
LCCI, AMEN collaborate on mining, metals export summit
Lagos Chamber of Commerce and Industries (LCCI) and the Association of Metals Exporters of Nigeria (AMEN) are coming together to organise the first Nigeria Mining and Investment summit.…
Quackery is not allowed in our profession – Rabiu
Musa Rabiu, group chief human resource officer at Dangote Cement Plc. has been in human resource management practice for over three decades. In this interview, he outlines a three-point…
Juventus stock sees biggest decline on back of Champions league exit
A long standing record of victory over Ajax broken by the Dutch underdogs in Turin, Tuesday, not only put an end to Juventus’ hopes of clinching the coveted European champions league title…
Zenith Bank’s net profit rises 6.4 percent in Q1 2019
Zenith Bank, a Tier-1 Nigerian lender, said net profit rose 6.4 percent in the first quarter of 2019.
Profit after tax rose to N50bn from N47bn a year earlier, Zenith said in a statement…