Tuesday, September 22, 2020
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Company Analysis

Shell to maintain Nigerian operations amid cost-cutting plans

    Shell to maintain Nigerian operations amid cost-cutting plans

Royal Dutch Shell has announced plans to focus its oil and gas production on a few key hubs, namely Nigeria, the Gulf of Mexico, and the Northern Sea regions, going

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Fidson, May & Baker see biggest half-year profits in five years — amidst pandemic

    Fidson, May & Baker see biggest half-year profits in five years — amidst pandemic

Listed pharmaceutical companies recorded a significant boost in revenues and profits for the period ended June 30. This can be explained: the demand for prescription drugs and other medical interventions

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UBA: Building assets but profit needs to grow

    UBA: Building assets but profit needs to grow

United Bank for Africa (UBA) is a top runner this year on how fast a bank can grow the size of the balance sheet. The bank’s half-year audited account shows

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Foreign majority shareholders scoop more stakes in cheap Nigerian stocks

    Foreign majority shareholders scoop more stakes in cheap Nigerian stocks

Parent owners of listed consumer goods companies in the country have continued to increase holdings in their Nigerian units, taking advantage of their current cheap pricing. This is despite the

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GTBank leads peers in employee-to-profit ratio

    GTBank leads peers in employee-to-profit ratio

Guaranty Trust Bank (GTBank) is more optimal in using its workforce to generate higher profit than peers, an analysis by

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Nigeria’s biggest banks see 10% drop in H1 account maintenance, e-banking income

    Nigeria’s biggest banks see 10% drop in H1 account maintenance, e-banking income

Nigeria’s tier-1 banks saw a 10 percent decline in net income generated from fees and commission in the first half

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FMCGs’ half-year profits plummet by 27.8 percent

    FMCGs’ half-year profits plummet by 27.8 percent

Listed fast moving consumer goods (FMCG) companies suffered a 27.89 percent decline in profit in the first half of the

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UBA’s half-year gross earnings ‘up by 2 percent’

    UBA’s half-year gross earnings ‘up by 2 percent’

Tier-1 lender, United Bank for Africa (UBA) Plc, has announced its audited financial results for the half year ended June

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TheCable Ratings: Top 10 banks by profit in 2018

    TheCable Ratings: Top 10 banks by profit in 2018

Nigerian banks made significant progress in recovering bad loans in 2018. That was the singular factor that powered profit performance

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CCNN: Assets multiply, dwarf profit

    CCNN: Assets multiply, dwarf profit

Cement Company of Northern Nigeria (CCNN) multiplied the size of its balance sheet more than 14 times to almost N348

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