Strong earnings fail to lift Consolidated Hallmark share price. Consolidated Hallmark Insurance Plc, a General Business and Special Risks Insurance underwriting firm grew profit for 2019 by 56.6% to N636.934 million.
Sterling Bank after tax profit jumps 9.4% amid increase regulation. Despite an increased regulation that defines the banking sector operation in the second half of 2019, Sterling bank Plc bolstered performance as both top and bottom line expanded.
Nigerian Breweries to raise N45 billion commercial paper. Nigerian Breweries Plc will be in the market from Monday to raise N45 billion series 5 and 6 commercial paper programme.
Jaiz Bank blockbuster earnings performance lifts stock price by 9.1%. Jaiz Bank Plc has reported an impressive earnings performance this season, as non-interest lender significantly grew profit for the year by 114%.