MAY & BAKER reported a decline in its top-line of 9.57% to NGN5.92 billion (vs. NGN6.54 billion in 9M:2018).
AIICO's gross premium earned advanced by 37.13% YoY to NGN35.56 billion, driven by the extensive distribution network of the firm.
CONOIL’s topline expansion surged further in Q3:2019; 9M:2019 revenue printed at NGN112.72 billion.
For the third time this year, SEPLAT has missed its production and revenue targets. 9M:2019 topline was down by 12.57% Y-o-Y to NGN151.88bn.
MOBIL's 9M:2019 scorecard has distinguished it from its peers – for its ability to consistently grow topline in a year with grim operating conditions.
TOTAL failed to achieve positive revenue growth in its petroleum products segment.
NNPC drilling crew working at Kolmani River-II in Gongola Basin encountered hydrocarbon outflow to the wellhead while testing
Guaranty Trust Bank (GUARANTY) released its third-quarter result for 2019 in which it reported a slump in gross earnings
Although trade tension between the U.S and China persists, officials of the two countries have agreed to reopen trade talks in October.
As we commence the sojourn into the final quarter of 2019, we muse on what has been an eventful third quarter in Nigeria’s fixed income market.