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GTCO Reports Profit Before Tax of ₦509.3Bn in Q1’24

May 3, 2024/JSP Communications Guaranty Trust Holding Company Plc (GTCO or the Group) has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2024, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦509.3billion, representing an […]

Cadbury Nigeria Maintains Solid Revenue Growth; Profitability Hit by Rising Costs and FX Losses in 1Q24

FSDH Initial Reaction: Cadbury Nigeria 1Q24 results  Kindly click here to download the report. May 3, 2024/FSDH Research Key Performance Highlights: Cadbury Nigeria reported a mixed set of numbers in 1Q24. The company recorded revenue of N23.7 billion in 1Q24 from N16.6 billion in 1Q23, a 43.1% YoY spurt. The […]

SEC Charges Audit Firm BF Borgers and Its Owner with Massive Fraud Affecting More Than 1,500 SEC Filings

May 3, 2024/US SEC The Securities and Exchange Commission today charged audit firm BF Borgers CPA PC and its owner, Benjamin F. Borgers (together, “Respondents”), with deliberate and systemic failures to comply with Public Company Accounting Oversight Board (PCAOB) standards in its audits and reviews incorporated in more than 1,500 […]