Business
Polaris Bank records N28.9bn in 2020
By Babajide Komolafe Polaris Bank Limited has recorded Profit Before Tax (PBT) of N28.9 billion in its financial year ended December 2020. This represents four percent growth when compared with
For China’s Property Developers, Hong Kong is Becoming Shenzhen’s Backyard
Chinese property developers have turned their sights to Hong Kong’s border districts as mainlanders from neighbouring boomtown Shenzhen consider parts of the former British colony as a more affordable long-term
Transcorp Makes New Board Appointments, Unveils New Subsidiary CEOs
The Board of Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s largest listed conglomerate and a leading investor in the energy sector, has announced the appointment of Mr. Victor Famuyibo and
Growing burden of public debts on economy
“We think that debt has to be seen from the standpoint of its origins. Debt’s origins come from colonialism’s origins. Those who lend us money are those who had colonised
Bargain hunting ahead of Q1 earning season lifts market indices by 1.27%
Market indicators soared significantly at the end of last week’s transactions, following bargain hunting in some banking stocks ahead of the first quarter (Q1) earnings. The post Bargain hunting ahead
Wema seeks reinvention, to compete with technology
Wema Bank Plc says it is breathing fresh air into its processes to invent itself as a financial powerhouse and regain any lost ground as it markets 76 years of
FG urges states to deepen fiscal transparency, accountability
The Federal Government has urged States to deepen fiscal transparency and accountability in public financial management system to improve good fiscal governance at the sub-national level. The post FG urges
Firm grows PAT by 56 per cent
Despite the challenging operating environment in the country, AXA Mansard Insurance Plc has recorded a 56 per cent growth in profit after tax (PAT) in its audited 2019 financial results.
CSCS declares N5.85 billion dividend in 2020
The Central Securities Clearing System (CSCS) is proposing a total dividend payout of N5.85 billion for the 2020 financial year, translating to N1.17 per share. The post CSCS declares N5.85
NICON Insurance faults report on senate summon
The management of NICON Insurance Limited has faulted a report on its invitation by the Senate over failure to the remit pension fund to the Pension Transitional Arrangement Directorate (PTAD).
