April 29, 2020/UBN Plc Union Bank, one of Nigeria’s longest standing and most respected financial institutions, announces its unaudited financial statements for the quarter ended March 31 2020. Bank Financial Highlights: • Profit before tax: up 19% to ₦6.2bn (₦5.2bn in Q1 2019). • Gross earnings: grew 18% to ₦42.6bn […]

April 29, 2020/InvestmentOne Report Our key takeaway from Okomu audited 2019FY earnings is the sequential deterioration in gross margin. In fact, Okomu reported a negative gross margin of -10.4% in Q4-19; the first loss at the gross level in the history of the company. For clarity, COGS grew by 20.1% […]

Culled—Proshare April 28, 2020/FCMB Shareholders of FCMB Group Plc have again applauded the financial institution for its resilience, dynamism and impressive performance recorded last year despite the challenging operating environment. The shareholders, who gave the commendation at the 7thAnnual General Meeting (AGM) of the Group on April 28, 2020 at its corporate […]