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Showing posts with label posts. Show all posts
Showing posts with label posts. Show all posts

Wednesday, April 09, 2025

Nigeria posts $6.83bn balance of payments surplus in 2024 - ITREALMS

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The Central Bank of Nigeria (CBN) has revealed that a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year, reports ITREALMS
Nigeria posts $6.83bn balance of payments surplus in 2024 - ITREALMS
This the apex bank said, marks a decisive turnaround from deficits of $3.34 billion in 2023 and $3.32 billion in 2022.

Wednesday, June 05, 2024

NETCO posts 137% increase in operating profit @2023 - ITREALMS

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...Targets 5% share rise in market share through EPC Projects

The NNPC Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC Ltd), has announced a 137 per cent increase in operating profits for the year 2023.
NETCO posts 137% increase in operating profit @2023 - ITREALMS



This was disclosed by the Chairman of the company’s Board of Directors and Executive Vice President, Downstream, NNPC Limited, Mr. Adedapo Segun, at the Company's 34th Annual General Meeting held in Lagos, on Friday.

Saturday, June 01, 2024

Q1/24: FirstBank maintains impressive performance, posts N238.53bn PBT

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FBN Holdings Plc declared N238.53 billion profit before tax (PBT) in its unaudited first quarter (Q1) ended March 31, 2024 results, which was about 325.2percent growth from the N56.1 billion reported in Q1 ended March 31, 2023.
Q1/24: FirstBank maintains impressive performance, posts N238.53bn PBT
The Q1 2024 results was a reflection of 2023 impressive performance as one of the oldest banks in Nigeria sustained its fundamentals amid domestic and foreign challenges. From its Q1 2024 profit & loss figures, the Group declared N208.1 billion profit, which was about 315.8 per cent compared with the N50.1 billion reported in Q1 2023.

Sunday, July 31, 2022

Unity Bank posts N27b gross earnings in H1’22 - ITREALMS

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The Unity Bank Plc, has posted gross earnings of N27.6 billion for its 2022 half-year results, representing a growth of 17% year-on-year.
Unity Bank Plc logo
In its unaudited half-year financials submitted to the Nigeria Exchange Group Limited, the Bank also made significant improvements across key performance indicators.