Finance firm records N718.9m in gross earnings

The Chairman of the company, Tokunbo Abudu, disclosed this at the fifth Annual General Meeting held on Thursday in Lagos.

Speaking on the outlook for the fiscal year 2021, Abudu said the global economic uncertainties influenced by various shocks from COVID-19 affected business with Credite Capital not an exemption. “However, our Institution, its management and board were resolute in deliberately taming cost, growing assets, and business footprints, and ultimately posting a decent profit despite capital limitation.

“The delivery of N718.9m in gross earnings, an increase of 54per cent, the maintenance of 63per cent growth in operating expenses, and the growth of 13 per cent in profitability is a testament to the willpower of your board and management to succeed against all odds,” he said. Abudu added that the company has continued to overhaul its operations by keeping abreast of new technology and the employment of highly skilled professionals.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Buhari asks to borrow N819.5 billion to finance 2022 supplementary budgetPresident Muhammadu Buhari has asked the House of Representatives to approve N819.5 billion supplementary budget for 2022. In a letter read by Speaker God abeg 😩 He just wants Nigeria to be in an unplayable depth 😏😏😏😏😏
Источник: DailyPostNGR - 🏆 11. / 59 Прочитайте больше »

Buhari Transmits Finance Bill 2022 to House – THISDAYLIVE
Источник: THISDAY LIVE - 🏆 14. / 51 Прочитайте больше »

CSITT: Global Finance Bodies may Suspend Nigeria over DSS Terrorism Allegations against Emefiele – THISDAYLIVEHow Nigerians are falling for all this propaganda and damage control by Emefiele and his team is what made me agree that Nigerians are the most easily manipulated people worldwide. Which group con be dis one? Lmao, omo getat. We all know emefiele settled you well to spew this trash. No be only blacklist, na whitelist. Useless groups
Источник: THISDAY LIVE - 🏆 14. / 51 Прочитайте больше »

Africa Finance Corporation, Bank of America lead insightful discussion on climate finance funding for Africa | The Guardian Nigeria News - Nigeria and World NewsDuring the U.S.-Africa Leaders Summit, an event titled “Innovating Finance for Climate Change” provided some of the most insightful discussions. The event involved a highly curated group, across a wide range of disciplines, all of whom are critical to finding creative solutions to closing the gap in Africa’s need for funding for its vast demand […] Let Africa move for industrialization and stop this treatise of confusion.
Источник: GuardianNigeria - 🏆 1. / 94 Прочитайте больше »

Nigeria Risks Blacklist By Global Finance Bodies Over Allegations Against Emefiele - CSITTThe Center for Financial Surveillance and Illicit Transaction Tracking Group (CSITT) has raised the alarm of looming consequences over unprovoked attack on It sound set up
Источник: LeadershipNGA - 🏆 4. / 77 Прочитайте больше »