MTN Nigeria Communications Plc reported a loss after tax of N519.1 billion for the first half of 2024, due to record-high inflation and a weaker Naira. The loss was reported in its financial results for the period ending June 2024 The Chief Executive Officer of MTN Nigeria, Mr. Karl Toriola said: “The macroeconomic conditions in Nigeria have been challenging during …

Union Bank Plc has announced a significant financial performance for the third quarter ending 30th September 2023. The bank reported a Profit Before Tax (PBT) of N102.3 billion, reflecting an impressive growth of 461.1 per cent compared to the PBT of N18.2 billion in the corresponding period of 2022. This notable achievement is attributed to a surge in gross earnings, …