CCNN Plc Records 157% Increase in Net Profit

Cement Company of Northern Nigeria Plc has published its 2017 Financial Year results, declaring a gross revenue of NGN19.6 billion, representing an increase of 39% over 2016 position while the net profit of NGN3.2 billion is an increase of 157%. According to the company, the board has proposed a final dividend of NGN1.25/s (49% payout).This […]

UBA Plc UK Subsidiary Gets Wholesale Banking Licence

United Bank for Africa (UBA PLC) London subsidiary has obtained regulatory permission to carry out Wholesale Banking activities in the UK. Following this authorization, UBA is now the only Sub-Saharan African bank to conduct banking activities in both New York and London, as well as in 20 other countries across Africa. Speaking on the achievement, […]