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Wema Bank, NYSC collaborate on youth empowerment

Wema Bank profit rises by 105%

Wema Bank’s profit increased by more than 105 percent to N23.36 billion in 2023, from N11.35 billion the previous year. The PUNCH reported that according to the lender’s unaudited financial statement submitted with the Nigerian Exchange Limited on Tuesday, revenue increased by 61.36 per cent to N181.87 billion. Net interest income climbed to N83.11 billion […]

bfatoyepdnlimited-com
31st January 2024
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Business

Geregu Power reports 110% rise in profit

A major player in Nigeria’s energy sector, Geregu Power Plc, has reported a staggering 110% increase in operating profit in its just issued 2023 audited financial statement. According to Nairametrics, this enormous growth demonstrates the company’s robust business model and strategic objectives, which have positioned it as an industry leader. The company’s financial performance for the fiscal year ending […]

bfatoyepdnlimited-com
30th January 2024
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Business

Okomu Oil Palm reports N32.9bn pre-tax profit in 2023

Nigeria’s top oil palm production firm, Okomu Oil Palm, has revealed its financial results for FY 2023, reporting a pre-tax profit of N32.9 billion, up 43.4% from N22.9 billion in Financial Year 2022. The Times reported that the corporation, situated in Edo State, reported a revenue of N75 billion in 2023, a 26.6% increase from N59.2 billion […]

bfatoyepdnlimited-com
29th January 2024
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UK sets £40bn target for education exports by

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Nestlé ‘recovers all plastic’ placed on Nigerian market

Tinubu approves commercial oil exploration at Tongeji Island,

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Tag: profit

Wema Bank profit rises by 105%

Geregu Power reports 110% rise in profit

Okomu Oil Palm reports N32.9bn pre-tax profit in 2023

NEITI, EFCC, ICPC strengthen alliance against corruption in.

National grid collapse triggers widespread blackout nationwide

Dangote Refinery exemplifies Africa’s shift to fuel exporter.

TikTok escapes US ban through majority American-owned JV.

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