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Monthly Archives: April 2017

FBN HOLDINGS PLC. REPORTS GROSS EARNINGS OF N581.8 BILLION, UP 15.7% Year on Year Dec. 2015 …FOR THE FULL YEAR ENDED 31 DECEMBER 2016

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                                                                                         FBN Holdings Plc. (“FBNH” or “FBNHoldings” or the “Group”) today announces its audited results for the full year ended 31 December 2016. Income Statement[1]                                                       Gross earnings of N8billion, up 15.7% year-on-year (y-o-y) (Dec 2015: N502.7 billion) Net-interest income of N4 billion, up 14.8% y-o-y (Dec 2015: N265.2 billion) ...

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Dangote’s new Pasta products to compete with rice

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  In a major strategic move to grow its market equity in Africa, Dangote Flour has unveiled new improved pasta products called ‘Ecccellente’. The re-vamped Pasta, is expected to reduce the dependency on rice consumption by Nigerians. Speaking at the Grand Customer Launch Event in Kano on Tuesday, Executive Director, ...

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