Fidelity Bank has recorded a double-digit growth, according to its 2022 financial statements. The bank’s profits before and after tax also more than doubled from the previous year. Also, the bank’s assets have grown by more than 20 percent. Eko Hot Blog reports that Fidelity Bank Plc has released its audited financial statements (AFS) for … Read more
Profit Also, profit before tax rose to N2.55 billion from N1.34 billion, indicating an increase of 90 per cent. Linkage Assurance Plc has recorded 34 per cent increase in profit after tax for the fourth quarter ended Dec. 31, 2020. The company said this in a statement released on the floor of the Nigerian Stock … Read more
The Nigerian Gas Marketing Company (NGMC) has announced a profit after tax of N12.476 billion for the year ended December 31, 2018. This was disclosed in a statement issued by the Nigerian National Petroleum Corporation (NNPC) Group General Manager, Group Public Affairs Division, Ndu Ughamadu, in Abuja on Friday. Mr Ughamadu disclosed that the NNPC … Read more
Union Bank has recorded 33 percent growth in profit before tax (PBT) to N18.5 billion for the year ended December 31, 2018. The bank’s financial report for the period released yesterday on the Nigerian Stock Exchange, NSE, showed that gross earnings fell to N145 billion from N168 billion in 2017, representing 11 percent decline over … Read more
Oando Plc has recorded a N28.8 billion Profit-After-Tax (PAT) in its audited account for the year ended December 31 , 2018, representing a 46 percent increase from the N19.8 billion recorded in 2017. A review of Oando’s results shows positive performance across most of its financial indices; reaffirming the company’s concerted efforts and commitment … Read more
Guaranty Trust Bank Plc has recorded 9.1 percent increase in its profit before tax which grew to N215.6 billion in the financial year ended December 31, 2018 from N197.7 billion in 2017. The bank disclosed this in its audited financial results for the year ended December 31, 2018 released to Nigerian and London Stock Exchanges. … Read more