Amazon.com reports lower 1st-quarter earnings but beats analysts’ expectations Amazon.com Inc.‘s net income declined in the first three months of the year even though revenue increased 22 percent, as the online retailer continued to spend heavily on order fulfillment and rights to digital content. The world’s largest online retailer, which […]
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Unilever’s Q1 profit rises to N1.26bn
Unilever Nigeria Plc has announced a profit after tax of N1.26bn for the first quarter ended March 31, 2013. This amount represents a marginal decrease of N7bn or 5.5 per cent compared to N1.334bn recorded in the first quarter of 2012. The company’s result, which was released to the Nigerian […]
Zenith posts N95.8bn profit, declares N50bn dividends
Zenith Bank has declared a profit after tax of N95.8bn for the financial year ended December 31, 2012, an increase of 132 per cent when compared to N41.3bn recorded in the same period of 2011. During the review period, total assets of the bank grew by 12 per cent, from […]
