Recent Posts

STANBIC IBTC Holdings Pat Hits ₦ 225.31 billion rose 60.23% yoy

Stanbic IBTC Holdings PLC, a member of the Standard Bank Group, has announced an increase in profit after tax (PAT) to N225.31 billion for a full year 2024. This is an increase of 60.23% year-to-year from the 2023 results. Likewise, profit before tax also rose to ₦ 303.80 billion. According to the financial statements audited financial institutions for the year …

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NGX: The equity market starts Sunday with N7BN losses for investors

The Nigerian equity market began trading week on Monday, May 19, 2025 with N7.89BN losses for investors. This follows a decrease in stock prices such as Initates PLC (TIP), Associated Bus Company (ABCTRANS), and University Press Ltd (UPL), among others, on the trading floor. The Benchmark All-Share Index (ASI) decreased to 109,697.83 points from 109,694.99 points recorded on the previous …

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The Court dismisses the cause N50bn of Philip Shaibu against Obaseki, others

The High Federal Court of Abuja, on Monday, rejected a cause for the application of the fundamental rights of N50 billion presented by Philip Shaibu, former deputy governor of the Edo State, against the former governor Godwin Obaseki and others.Judge Peter Lifu, in a sentence, rejected the case following a question to withdraw the cause of Anita Oteh, who appeared …

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