Business MTN Ghana profit slowdown in quarter one Kofi Ahovi Apr 28, 2023 0 Profit of the biggest mobile network operator (MNO) in the country, MTN Ghana slowed down in the first quarter of the year. The…
Business MTN defies 2022 turbulence – Profit margins up despite headwinds Kofi Ahovi Mar 9, 2023 0 MTN Ghana’s financial performance results for 2022 suggest that the company has developed the ability to defy gravity. In a…
Company/Corporate News Shell reports highest profits in 115 years Kofi Ahovi Feb 2, 2023 0 Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia’s invasion of…
General News Govt making super normal profit from Russia-Ukraine war – Minority… Kofi Ahovi Nov 2, 2022 0 The Minority in Parliament has alleged that government is making super normal profit from the Russia-Ukraine war and not the case…
Banking and Finance Enterprise Group profit declined by 16% in 2021 Kofi Ahovi Jul 4, 2022 0 The group’s profit fell from GH¢146.7 million in 2020 to GH₵122.9 million in the year under review. The decline in profits was…
Banking and Finance FBNBank more than doubles profit before tax Kofi Ahovi Apr 14, 2022 0 FBNBank has more than doubled its profit before tax in the 2021 financial year. The bank’s profit grew by 112 per cent to close…
Banking and Finance Stanbic Bank’s profit before tax up 26% Kofi Ahovi Apr 4, 2022 0 Stanbic Bank Ghana has posted a profit-after-tax of GH¢405 million for the 2021 financial year. The amount represents an increase…
Banking and Finance UBA records $373.8m profit Kofi Ahovi Mar 15, 2022 0 Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited results for the full year ended December 31,…
Banking and Finance ADB posts 400% rise in profit Kofi Ahovi Aug 16, 2021 0 The Agricultural Development Bank PLC (ADB) has recorded a profit before tax of GH¢65.4 million in 2020, up from the GH¢14.9…
Banking and Finance Ecobank declares GHC782m profit, pays GHC177 m in dividends Kofi Ahovi Jun 7, 2021 2 Ecobank Ghana has declared a profit before tax of GHC782 million for the year 2020, on the back of which it is paying 55 Ghana…