FCMB Group Plc has recorded gross earnings of N199.4 billion and Profit Before Tax (PBT) of N22 billion for the 2020 financial year.
United Capital Plc has posted gross earnings of N12.87 billion and Profit Before Tax (PBT) of N7.95 billion in its audited result for the year ended December 31, 2020.
25 Nov 2019
Determined to increase the shareholders’ confidence in the nation’s insurance industry, the 2018 underwriting performance of the sector operators, particularly Profit Before Tax (PBT) are taking an upswing.
6 May 2019
About 55 life and non-life underwriting companies in the country have paid N36.5 billion as tax to the government through the Federal Inland Revenue Service (FIRS) in the last five years. The Guardian reliably gathered that between 2013 and 2017 financial years, these underwriters generated N100.4 billion as Profit Before Tax (PBT) and were left…
25 Feb 2019
Low liquidity and tense political environment coupled, with the incessant violence witnessed in some states last week, heightened investors’ apprehension, as manifested at the end of last week’s transactions. Consequently, indices at the equities sector of the Nigerian Stock Exchange (NSE) plunged by 0.61%. The mixed reaction that trailed market performance during the week…
19 Feb 2019
Transnational Corporation of Nigeria Plc (Transcorp), has announced its audited results for the year ended 31st December 2018, with a 94 per cent growth in Profit After Tax (PAT) of ₦20.6 billion in 2018 compared to ₦10.6 billion achieved in the corresponding period of 2017. The Group turnover grew by 30 per…
3 Aug 2016
Forte Oil Plc has reiterated its resolve to hit N11 billion target in Profit Before Tax (PBT) for 2016, even as the firm is currently projecting a market share of 20 per cent in short to medium term basis.