Nigerian Breweries Plc reports Loss Per Share of NGN0.49 in Q3-22
Nigerian Breweries Plc (NB) published its Q3-22 (9M-22) unaudited results recently, reporting a Loss Per Share of NGN0.49 in Q3-22 (vs EPS of NGN0.06 in Q3-21), driven by a weaker gross margin (-262bps y/y), higher operating expenses (+30.9% y/y) and…
FBN Holdings Plc report shows an expansion in its gross earnings
FBN Holdings Plc (FBNH) released its 9M-22 unaudited financial statements after market close on 27 October, showing an expansion in its gross earnings (+26.7% y/y). Accordingly, the HoldCo reported a significant growth in 9M-22 EPS to NGN2.51 (+124.1% y/y vs…
Guinness Nigeria Plc reports 32.0% y/y decline in EPS to NGN1.25
Guinness Nigeria Plc (GUINNESS) published its unaudited Q1-23 results recently, reporting a 32.0% y/y decline in EPS to NGN1.25 (Q1-22: NGN1.85), on the back of lower revenue generation (+11.3% y/y) as well as a higher operating expense (+44.7% y/y) and…
Sights and sounds of 2022 Transport Ministerial Retreat in Uyo
The top management of the Nigerian Ports Authority (NPA) and other industry stakeholders were at Uyo, Akwa Ibom State capital for the 2022 Transportation Stakeholders Ministerial Retreat in Uyo, Akwa Ibom State.
NCC Advises Parents against Children’s Exposure to Online Activities
The Nigerian Communications Commission (NCC) has urged parents and guardians to monitor and manage the engagement of their children online as the uncontrolled exposure to cyberspace is fraught with a lot of negativities to children’s wellbeing. Contributing during the recent…
Cellulant, Mastercard Partner to Empower African Customers on Digital Commerce Market
The partnership will enable customers to pay globally with a Mastercard virtual payment solution linked to the Cellulant wallet, Tingg Mastercard’s technology will enable consumers to shop online with or without a bank account, through a simple and secure payment…
CBN Recognises SystemSpecs, Others for promoting eNaira
The Central Bank of Nigeria (CBN) has recognized SystemSpecs, and presented it with an award as Nigeria’s leading fintech firm as the Payment Service Provider (PSP) of the year. The award is in recognition of the company’s pioneering efforts in…
US Coast Guard Commends Nigeria on Maritime Security
– Monitoring development in the Gulf of Guinea. The United States Coast Guard, USCG, through Captain Brian Lisko of the US Department of State has commended the efforts of the Nigerian Government to suppress criminality in Nigeria’s maritime domain and…
Excited Glo winners receive prizes in special Ofala Promo
As the 2022 Ofala Festival climaxed on Sunday in Onitsha, Anambra State, lucky winners in the special Glo customer reward promo designed for the yearly event went home with exciting prizes. The Ime Obi, palace of Obi of Onitsha, Igwe…
Tariff matters and where the consumers stand
By Sonny Aragba-Akpore The Nigerian Communications Commission (NCC) probably has more powers than it is aware of but may not have sufficiently understood them . Otherwise how does one explain a position it took on what it considered a positive…
