CATEGORY: COMPANIES


ALERT: Unilever Post 54% Growth In Profit (2017 3Months)

Unilever today released unaudited results for the three months ended 31 March 2017.   Revenue N’million Q1 2017| N22,172...


Alert: Presco Plc Post 772% Growth In Profits (2016 FY Result)

Presco Plc today released audited results for the financial year ended 31 December 2016 Revenue N’000 FY 2016| N15,716,198 FY...


Brief: Ecobank’s 2016 FY Results

Ecobank today released audited results for the financial year ended 31 December 2016.   Revenue N’million FY 2016| N506,166...


Analysis: Thoughts On Unilever’s Planned Rights Issue

Nairametrics| Last Wednesday, Reuters reported that Unilever Nigeria Plc revealed plans to raise a whopping N63 billion through a right...


Axa Mansard And IFC To Build Hospitals

Nairametrics|Insurer AXA Mansard and the International Finance Corporation (IFC) have commenced discussion on the establishment of a multi specialist...


Analysis: Look Deeper, It Goes Beyond Arik

Nairametrics| The Asset Management Company Of Nigeria (AMCON) yesterday took over three other companies belonging to Joseph Arumemi Johnson,...


2016: Dangote Flour Mills Returns to Profitability…Posts N12 bn Profit

According to the results released on the floor of the Nigerian Stock Exchange (NSE), the company has returned to...


Reports: Arik Owes A Whopping ‘N387 billion’ And These 2 Banks Are Listed As Creditors

Nairametrics| Nigeria’s nationalised airline, Arik is said to owe creditors a whopping N387 billion. According to reports from Leadership, Arik...


Analysis: Dangote Sugar, Buy Sell or Hold

ARM| Over 2016, Dangote Sugar Refinery Plc. (DSR) reported an upsurge in earnings despite lingering pressures: currency weakness, elevated...




Brief: AshakaCem’s 2016 FY Results

AshakaCem today released audited results for the financial year ended 31 December 2016.   Revenue N’million FY 2016| N17,351...


Analysis: Fidelity Bank’s FX Losses & Energy Loans Points To One Thing

Nairametrics| Last week, Fidelity Bank Plc released its financial statements for the period ended December 2016. While gross earnings...


Wema Bank: Ahead Of The Pack

Nairametrics| Wema Bank intends to boost its capital base by raising N20 billion debt between the second and third...


What Nigerian Companies Were Up to Last Week By @Ugodre

Nairametrics| Roundup of Company News from Nigeria for the week ended April 8, 2017. 1. Access Bank is in...


Brief: Fidelity Bank’s 2016 FY Results

Fidelity Bank today released audited results for the financial year ended 31 December 2016.   Net Interest Income N’million FY...


Okomu Oil Reports 85% Increase in Profit (2016 FY)

Okomu Oil today released audited results for the financial year ended 31 December 2016.   Revenue N’million FY 2016|...


Why China is Reducing Its Stake in The Lagos Ibadan Rail Project

Nairametrics| The Chinese Exim Bank which was billed to fund 85% of the Lagos Ibadan Rail Project will now...


Alibert Plc: Profiting Despite The Recession

Nairametrics| While several companies are closing shop, scaling down operations or declaring declining returns, Alibert Furniture is profiting despite...


CBN: Three Banks Failed Capital Adequacy Test

Nairametrics| The Financial Stability Report released by the Central Bank of Nigeria for December 2016 revealed that three banks...