financial report

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    Business SunTrust Bank Records 75% Growth on First Year as Commercial Bank

    SunTrust Bank Nigeria Limited has recorded a 75 per cent growth for the year ended December 31, 2016 and the financial results showed a clear message of determination to succeed and deliver value to all stakeholders. SunTrust Bank began commercial banking activities last year with the vision to...
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    Business UBA Posts Marginal Profits in 2016 Half-Year

    United Bank for Africa Plc yesterday reported profit before tax of N40.270 billion for the half year ended June 30, 2016, showing a marginal increase of 3.1 per cent from N39.046 billion recorded in the corresponding period of 2015. The company's Profit after tax similarly rose from N31.999...
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    Business Nigerian Breweries Records N77.55b Revenue, N10.5b Profit in First Quarter of 2016

    Nigerian Breweries (NB) Plc has posted a revenue of N77.55 billion and profit after tax of N10.45 billion in its first quarter operations. Specifically, the company’s unaudited result for the first quarter ended March 31, showed 11 per cent increase in revenue from N69.92 billion in 2015 to...