Earnings Analysis 2013 FY: Despite Unrest In North, Northern Nigeria Flour Mills Relies On Rice & Flour To Post Profits

  [upme_private]Northern Nigerian Flour Mills released its 2013 FY to March 2013 showing revenue dropped 7.7% to N11.7billion. Gross...


CPC Steps In To Challenge FAAN N2,000 Luggage Fee

If you traveled into Nigeria recently and as is typical with most Nigerians with a heavy luggage then it...


Investor Watch: Local Vegetable Oil Sector In Danger Of Extinction

This is one of those headlines and newspaper reports that send red flags to me. The Vanguard reports that...



This Is The Real Reason Why CBN Raised Bank CRR On Public Sector Funds

When the CBN announced a couple of weeks ago that it was increasing bank CRR for public sector funds...


How Investing Bonds And TB’s Can Turn You Into A Millionaire

  Lately I have received emails from my readers requesting that I suggest for them stocks which they can...


The Stock Market Is Like A Gadget Shop And Why Investment Forums Are Like The Ram Market

  In a Gadget shop you see lots of innovating products and design that endear you. Despite their beauty...


African Prudential Registrars Gets SEC Approval To Buy UACN Registrars

UAC of Nigeria Plc (UACN) and Africa Prudential Registrars Plc (APR) jointly notified The Exchange that they have received...


NAHCO Appoints First Female Northern Insurer As Director

APPOINTMENT OF NON-EXECUTIVE DIRECTORS OF NIGERIA AVIATION HANDLING COMPANY PLC- The Company notified The Exchange of the appointment of...


Ashaka Cement Appoints Two New Directors

ASHAKA CEMENT PLC: APPOINTMENT OF NEW DIRECTORS- The Company notified The Exchange of the appointment of two new Directors;...


New Businessday Website Looks Like Financial Times FT.COM

I looked up Businessday website today only for me to see a surprising new colour theme for the website....


Official: “Multichoice Has Invested N55billion In Nigeria In The Last 20 Years”

  Pay TV Giant, Multichoice Nigeria Plc is celebrating its 20years of operations in Nigeria. As part of its...


Betting On Increased Demands For GSM Masts And Cell Sites, IHS Plc Raises $1billion

Businessday reports IHS has raised additional $1billion in investments. The company claim to have raised raised $522 million in new...


Earnings Analysis 2013 H1: Nascon Plc Revenues Continues To Drop For The Second Straight Quarter

  [upme_private]National Salt Company of Nigeria (NASCON) released its 2013 H1 results with revenue dropping 23.8% to N5.3billion compared...


Earnings Analysis 2013 FY: Flourmills Spend Heavy On Expansion But Rely On Incremental Revenue For Profitability

  [upme_private]Flourmills Nigeria Ltd released its 2013 to March FY results with revenue rising 17% to N301.9billion (2012 FY:...


Earnings Analysis 2013 H1: ABC Transport Disappoints on Revenue Growth

[upme_private]ABC Transport Plc released its 2013 results showing a 2.1% increase in revenue compared to the same period last...


Earnings Analysis 2013 FY: 7up Sees Profit Going Up and Revenue Growth Rate Going Down

[upme_private]Seven Up Plc released its 2013 to March full year Audited results showing revenue rose 7% to N64billion (2012...


Earnings Analysis 2013 9months: Vitafoam Plc Sojourns On Despite Struggle With Containing Cost

[upme_private]Vitafoam Plc (VITAFOAM:NL) released it 2013 9 months results showing revenue increased 16.4% to N12.9billion (2012 H1: N11.1billion).  Gross profit...


Earnings Report 2013 H1: GSK Post N1.4billion Pre-Tax Profits

GSK Plc released its 2013 Half year earnings with revenues rising 9% to N13.9billion (2012 H1: N12.8billion). Gross profit...


Earnings Analysis 2013 H1: High Loan Loss, Rising Employee Cost Blight Diamond Bank Results

[upme_private]Diamond Bank Plc released its 2013 H1 results showing Net interest income rose a 22% to N51.4billion (2012: N42billion)....


Earnings Analysis 2013 H1: Ashaka Cement Hit By Rising Cost Of Sale

[upme_private]Ashaka Cement released its 2013 H1 results showing revenue dropped 3.7% to N11.8billion (2012 H1: N12.2billion). Gross Profit also...


Evans Medical Approves N3.5billion Rights Issue, Approves 5kobo Dividends

FOR  giving the first profit margin in the last seven years, Shareholders of Evans Medical Plc, at the weekend,...


Deal: African Finance Corporation,GTB Funds $170million Kaniji Power Plc Acquisition

  The Africa Finance Corporation (AFC) today provided a USD 170 million debt financing facility in conjunction with Guaranty...


Deal: Nestoil Acquires IMPAC Oil & Gas Ltd

NESTOIL Plc has announced the acquisition of IMPaC Oil & Gas Engineering (Nigeria) Limited. Following the acquisition, Dr. Ernest...


An Example Of Why I Currently Don’t Buy Shares In Insurance Companies

I currently don’t have Insurance Stocks in Ugometrics Portfolio and that is mainly because they have not all been...


Diamond Bank Projects N35Billion Pre-Tax Profits By End Of 2013

CEO’s of quoted companies are very good at keeping the momentum going especially when they release a substantial news...


Earnings Analysis 2013 H1: Lower Cost Help Mobil Oil Plc Post 73% Rise In Pre-Tax Profits

[upme_private]Mobil Oil Plc (MOBIL:NL) the downstream arm of Oil Giant Exxon Mobil, released its 2013 H1 results showing revenue decreased 9%...


Earnings Analysis 2013 H1: Tantalizers Continues To Loose Market Share As Revenue Declines 19%

[upme_private]Fast food giant Tantalizers Plc released its 2013 H1 results indicating revenues continues its steep decline back to back...


Earnings Analysis 9months: Afromedia Continues With Its Rapid Decline, Net Assets Drops To N52million

[upme_private]Afromedia (AFROMEDI:NL) Plc released its 2013 9 months results showing a continued decline it earnings. Revenue declined 64% to N695million...


Earnings Analysis 2013 H1: Despite Rising Operating Cost UBA Plc Post N33.2billion Pre-Tax Profits

[upme_private]UBA Plc released its 2013 H1 Earnings with Gross Earnings rising 16% to N125billion. Net Interest Income rose 17%...


Earnings Analysis H1 2013: CCNN Rides On Efficiency To Post N1.2billion PBT

[upme_private]Cement Company of Northern Nigeria (CCNN:NL) released its 2013 H1 results increasing 9% to N8.8billion (2012: N8billion). Gross Profit also rose...