With earnings season now over, we have yet another opportunity to take more than a cursory glance at the H1:2019 financial scorecards for Nigeria's downstream segment
As at the end of 2018, Nigeria's total proven gas reserves were 202Trillion Cubic Feet (TCF), 37.26% of the total African deposits.
The Monetary Policy Committee (MPC) will hold its penultimate meeting for the year on September 19 and 20, 2019.
With earnings season now over, we have yet another opportunity to take more than a cursory glance at the H1:2019 financial scorecards for Nigeria's downstream segment.
Lubricants power topline expansion: In the first half of 2019, 11Plc (MOBIL) recorded a sizeable uptick in top line, with gross revenue coming in at NGN92.81bn,...
According to the International Labour Organisation (ILO), the “Consumer Price Index (CPI) measures changes in the prices of goods and services that households consume”.
In the first quarter of 2019, Zenith Bank’s gross earnings dipped by 6.55% to N158.11 billion, dragged by lower non-interest revenue despite the 4.94% uptick in...
Stanbic IBTC grew its revenue by 2.27% to NGN58.69bn, supported by the 5.47% growth in interest income while non-interest income remained relatively flat at N27.00 billion.
NASCON’s Q1:2019 financial result showed some marginal improvement as its revenue grew by 0.77% to N6.82 billion relative to N6.78bn in Q1:2018.
Dangote Sugar Refinery Plc posted Q1:2019 revenues of NGN38.15bn, which is 7.72% lower than the NGN41.14bn generated in Q1:2018.