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Stories published on Jun 10
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  • Stories published on Jun 10

Monday, Jun 10

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SunTrust Bank posts N1.5bn profit before tax for 2023

businessday.ng

SunTrust Bank Nigeria Limited has announced a Profit Before Tax of N1.5 billion for the financial year ended December 31,

Simon Cowell Doubts One Direction Will Reunite, Wishes He Could Still Profit Off Band’s Name

www.rollingstone.com

"Could have made an animation or whatever," the industry veteran credited with forming 1D says

23

Unity Bank projects N5.2 billion profit in Q3

guardian.ng

Retail lender Unity Bank Plc has projected a profit after tax of N5.2 billion in the third quarter of the year. This was contained in its earnings forecast released to the Nigerian Exchange Ltd. (NGX) on Monday. The lender projected a pre…

22

Nigel Farage eyes debanking revenge with plan to hit bank profits

www.politico.eu

Reform UK thinks they can raise up to £40 billion to fund tax cuts by treating banks' QE reserves differently.

20

AI Explained: Reinforcement Learning’s Profit Potential

www.pymnts.com

In the world of commerce, businesses are always on the lookout for an edge, and reinforcement learning, a rapidly growing subfield of artificial intelligence (AI), may be the secret weapon they’ve been seeking. This innovative approach to…

18

I bought a popular hatchback for just £400 – it’s as reliable as you can get & I’ll easily make a £1,000 profit

www.thesun.co.uk

A CAR dealer has picked up an incredibly reliable hatchback for just £400 – and plans to sell it on for a big profit.

I bought a popular hatchback for just £400 – it’s as reliable as you can get & I’ll easily make a £1,000 profit

A CAR dealer has picked up an incredibly reliable hatchback for just £400 – and plans to sell it on for a big profit.

50% of profit on Leicester City signing apparently going to another club – €7.9m in unusual deal

sportwitness.co.uk

Since Leicester City confirmed their promotion to the Premier League, the Portuguese media had been reporting that Issahaku Fatawu would join the Foxes on a permanent deal. That was one of the conditions for that agreement, and the Lions…

17

Geregu Power forecasts 148% year-on-year profit growth for Q3 2024

nairametrics.com

Geregu Power Plc has forecasted a profit after tax of N9.9 billion for Q3 2024, representing a 148% year-on-year increase from the N3.98 billion net income posted in Q3 2023.

16

Bristol City to profit from UEFA windfall as McCrorie, Conway and Weimann prepare for Euro 2024

www.bristolpost.co.uk

Bristol City have three registered players competing in Germany over the next few weeks

Non-profit Firm Commits To Empower SMEs, Women-Led Businesses Across 32 States

independent.ng

Despite the unfavorable business climate that has forced SMEs into a large swoop, GROOMING SPLASH, a non-profit organisation has reiterated the need to empowering MSMEs, Clienteles and Women-led businesses to weather the storms of economic…

Sources: Shein recorded $32.2B in sales in 2023, up 40% YoY, compared with 37% YoY growth in 2022, and doubled its net profit to $1.6B, for a 5% profit margin (Jing Yang/The Information)

www.techmeme.com

Sources: Shein recorded $32.2B in sales in 2023, up 40% YoY, compared with 37% YoY growth in 2022, and doubled its net profit to $1.6B, for a 5% profit margin — China-founded fast fashion giant Shein lifted its net profit margin even as it…

15

How To Improve Sales And Profits In A Depressed Economy

independent.ng

“When the going gets tough, the tough get going.” Anonymous. The Manufacturers Association of Nigeria, MAN, as well as other marketers of goods and services, now daily lament declining sales. Finished goods pile up in warehouses begging…

13

If You'd Invested $1,000 In Nvidia Stock 15 Years Ago, Here's How Much Profit You'd Have Built Year After Year

www.benzinga.com

Nvidia Corp. (NASDAQ:NVDA) stock was the best-performing S&P 500 stock in 2023 and is the second-best performer in the category this year. The outperformance has to do with the company’s lead in the hot-and-happening artificial…

12

Global Reinsurance Sector Outlook Revised to Positive on Robust Profits, Tighter T&Cs

The market segment outlook for the global reinsurance segment has been revised to positive from stable after the sector saw robust profit margins in 2023, according to AM Best, which attributed the sector’s improved performance to higher…

Business News | Power & Instrumentation (Gujarat) Achieves 62 Per Cent Growth in FY24 Net Profit

www.latestly.com

Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], June 10: Power & Instrumentation (Gujarat) Limited, (NSE - PIGL, - 543912) a leading player in the electrical contracting and equipment industry, has…

Business News | Aluwind Architectural Limited Achieves 519 Per Cent Net Profit Growth in FY24

www.latestly.com

Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], June 10: Aluwind Architectural Limited, (NSE - ALUWIND), a reputed player in the facade and fenestration industry, has announced its Audited Financial…