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    Financials

    NCDMB, NEXIM sign agreement on $30m capital, capacity building fund Fund

    By Edith Ike-Eboh Abuja, June 23, 2021 The Nigeria Content Development and Monitoring Bank (NCDMB) and the Nigeria Export Import Bank (NEXIM) have signed...

    LMB forecast N109.2m for Q3 2021

    Livingtrust Mortgage Bank Plc formerly Omoluabi Mortgage Bank plc, one of the quoted mortgage banks in Nigeria has released its projected income statement for...

    Bank of Industry disburses N969.6bn in 5 years

    By Rukayat Moisemhe Lagos, June 22, 2021 The Bank of Industry (BoI) has disbursed loans worth N969.7 billion to borrowers in five years...

    Presco targets acquisition of competitor

    Presco Plc, a Benin City based fully-integrated agro-industrial establishment with oil palm plantations, palm oil mill, palm kernel crushing plant and vegetable oil refining...

    Sovereign Trust Insurance targets N1.27b pretax profit for Q4 2021

    Sovereign Trust Insurance Plc, a major player in Nigeria’s insurance sector has released its profit forecast for the fourth quarter 2021 with total gross...

    Africa’s largest cement producer issues N50bn bonds for expansion projects, others

    Dangote Cement Plc, Africa’s largest cement producer, has announced the successful issuance of N50 billion Series 1 Fixed Rate Senior Unsecured Bonds under the...

    Mutual Benefits Assurance slips into N1.975b loss in Q1 2021 despite 45.47% growth in premium

    Mutual Benefits Assurance Plc, a major player in Nigeria’s insurance sector has released its consolidated and separate statement of profit or loss for the...

    Linkage Assurance eyes N700.8m profit for Q3 2021

    Linkage Assurance Plc, a leading player in the Nigerian insurance industry has released its earnings forecast for the third quarter for the period...

    eTranzact forecasts 389.59% profit growth to N209m in Q3 2021

    eTranzact International Plc has released its earnings forecast for the third second quarter (Q3) ending 30th September 2021 at the Nigerian Exchange (NSE) with...

    NEM Insurance forecasts 51.19% profit growth to N3.6b in Q3 2021

    NEM Insurance Plc, a major player in Nigeria’s insurance sector which started business in the country in 1948 through the agency of Edward Turner...

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