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Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

Earnings Analysis 2013 H1: Access Bank Sets Alarm Bells Off With Dismal Half Year Results

Earnings Analysis 2013 H1: Access Bank Sets Alarm Bells Off With Dismal Half Year Results

  Access Bank released its 2013 H1 results showing a 5.3% dip in Gross Earnings. Net Interest income dropped a massive 29% to N38.6billion...


Earnings Report 2013 H1: Aggressive Cost Cutting Help Conoil Plc Post 200% Rise In PBT

Earnings Report 2013 H1: Aggressive Cost Cutting Help Conoil Plc Post 200% Rise In PBT

[upme_private]Conoil Plc released its 2013 H1 results showing revenue rose 4.5% to N79.6billion (2012 H1: N76.2billion). Gross profit also rose 7.7% to N8.3billion when...


Official: Shoprite Plans 44 New Outlets In Nigeria As Foreign Outlets Jump 28% In Sales In 12 Months

Official: Shoprite Plans 44 New Outlets In Nigeria As Foreign Outlets Jump 28% In Sales In 12 Months

Shoprite, Africa’s biggest grocer, is ramping up its expansion across the continent with 44 new outlets in Nigeria and 21 in Angola in the...



Berger Paints Open N543million Rights Issue

Berger Paints Open N543million Rights Issue

Application list for the N543.42 million rights issue by Berger Paints Plc opened yesterday as the paints and chemical company seeks equity funding from...


Deal: MoneyGram & eTranzact Sign Money Transfer Agreement

Deal: MoneyGram & eTranzact Sign Money Transfer Agreement

  MoneyGram International and eTranzact  Tuesday signed an agreement to enable PocketMoni customers in Nigeria to receive MoneyGram Money transfers from all over the...


Earnings Analysis 2013 H1: GT Bank Increases PBT By 7% YoY But Struggled To Find Growth In Q2

Earnings Analysis 2013 H1: GT Bank Increases PBT By 7% YoY But Struggled To Find Growth In Q2

[upme_private]GTB Plc released its 2013 H1 results showing a 9% increase in Gross Earnings to N124billion compared to N113.5billion posted a year earlier.  Net...


What The Recent Supreme Court Judgement On Tourism Means For Hotels, Restaurants, Bars & Event Centres In Lagos State

What The Recent Supreme Court Judgement On Tourism Means For Hotels, Restaurants, Bars & Event Centres In Lagos State

The Supreme Court recently delivered judgement on the case brought to it by the Federal Government challenging the Lagos State Government over who has...


First Registrars Introduces Designated ATM Cards For Dividend Payments

First Registrars Introduces Designated ATM Cards For Dividend Payments

The problems associated with dividend payments is not lost on any serious investor. It is either you get your dividends late or you don’t...


Earnings Report 2013 Q1: Flourmills Nigeria Plc Post 9% Drop In Pre-Tax Profits Even As Revenues Rise 43%

Earnings Report 2013 Q1: Flourmills Nigeria Plc Post 9% Drop In Pre-Tax Profits Even As Revenues Rise 43%

Flour Mills Nigeria Plc released its 2013 Q1 results showing revenue rose 43% to N100.9billion when compared to the same period last year (2013...


Buy, Sell or Hold: FBN Holdings Plc

Buy, Sell or Hold: FBN Holdings Plc

  The Banking industry have been faced with multifaceted challenges over the last decade. Banking consolidations, Universal Banking, Margin Loans, Banking Tsunami, Stock Market...


Official: SME’s Can Now Apply For A Bank Loan With A Moveable Asset As Collateral

Official: SME’s Can Now Apply For A Bank Loan With A Moveable Asset As Collateral

  Nigerian newspapers report generally that the central bank has now approved the use of Moveable Assets as collateral for obtaining loans. According to...


Deal: Flourmills Plc Acquired Thai Farms and Rom Oil Mills Ltd

Deal: Flourmills Plc Acquired Thai Farms and Rom Oil Mills Ltd

  Flourmills Plc reported two strategic acquisitions during the year in furtherance of its long term business model. It acquired a controlling interest in...


Earnings Analysis 2012 FY: Huge Finance Cost Lead Conoil Plc To Declare 76% Drop In PAT

Earnings Analysis 2012 FY: Huge Finance Cost Lead Conoil Plc To Declare 76% Drop In PAT

[upme_private]Conoil Plc released its 2012 FY audited accounts showing a 4.8% drop in revenues to N149.9billion (2012 FY: N157.5billion). Gross Profit however rose 7.6%...


Earnings Analysis 2013 FY: PZ Cussons Nigeria Plc Holds Costs Down To Double Profit After Tax

Earnings Analysis 2013 FY: PZ Cussons Nigeria Plc Holds Costs Down To Double Profit After Tax

[upme_private]PZ Cussons Nigeria Plc released its 2013 FY results showing revenue remained flat at N71.3billion (2012 FY: N72.1billion). Gross Profit however rose 21.2% to...


Earnings Analysis 2013 H1: Oando Plc Biting More Than It Can Chew??

Earnings Analysis 2013 H1: Oando Plc Biting More Than It Can Chew??

[upme_private]Oando Plc released its 2013 H1 results showing a revenue drop of 20% when compared to the previous quarter. Revenue was N280.3billion compared to...


Earnings Report 2013 H1: Skye Bank Post N10.5billion Pre-Tax Profits

Earnings Report 2013 H1: Skye Bank Post N10.5billion Pre-Tax Profits

[upme_private]Skye Bank Plc released its 2013 H1 results showing gross earnings rose 19% to N71billion (2012 H1: N59.6billion). Net Interest Income rose 26.6% to...


Earnings Report 2013 H1: Nestle Plc Post N13.2billion In Pre-Tax Profits

Earnings Report 2013 H1: Nestle Plc Post N13.2billion In Pre-Tax Profits

[upme_private]Nestle Nigeria Plc released its 2013 H1 results showing revenue rose 10% to N62.4billion (2012 H1: N56.67billion). Gross profit also rose 14% to N26.8billion...


Earnings Report 2013 H1: Dangote Sugar Post N9.8billion Pre-Tax Profits

Earnings Report 2013 H1: Dangote Sugar Post N9.8billion Pre-Tax Profits

[upme_private]Dangote Sugar released its 2013 H1 results with revenue rising 2.7% to N55billion (2012 H1: N53.6billion). Gross profit at the end of the period...


Deal: African Prudential Registrars Finally Acquires UACN Registrars

Deal: African Prudential Registrars Finally Acquires UACN Registrars

The Africa Prudential Registrars Plc (APR) has said it recently completed the acquisition of UAC Registrars, the oldest non-bank-affiliated registrar in the capital market....


Buy, Sell Or Hold: Dangote Sugar Plc

Buy, Sell Or Hold: Dangote Sugar Plc

[upme_private]Back in April 2013 I had suggested a buy opportunity for Dangote Sugar. The price was N8.3 per share and a price earnings multiple...


Earnings Analysis 2013 H1: MRS Oil Plc Pays Down Debt By 97%, Grows Revenue By 95% QoQ

Earnings Analysis 2013 H1: MRS Oil Plc Pays Down Debt By 97%, Grows Revenue By 95% QoQ

  [upme_private]MRS Oil Plc (MRSOIL:NL) released its 2013 H1 earnings with revenue rising 20.5% to N46billion (2012 H1: N38.2billion). Gross Profit margin however remained...


Earnings Analysis 2013 H1: Zenith Bank Post Lower Than Expected Pre-Tax Profits No Thanks To Hike In Opex

Earnings Analysis 2013 H1: Zenith Bank Post Lower Than Expected Pre-Tax Profits No Thanks To Hike In Opex

  [upme_private]Zenith Bank Plc released its 2013 H1 results showing a gross revenue increase of 13% to N171billion. Net Interest Income also rose 14.5%...


Earnings Analysis 2013 Q1: Finance Cost Taking Its Toll On International Breweries Performance

Earnings Analysis 2013 Q1: Finance Cost Taking Its Toll On International Breweries Performance

[upme_private]International Breweries Plc (INTBREW:NL) released its 2013 Q1 results showing revenue rose 32.4% t0 N4.34billion (2012 Q1: N3.82billion). Gross profit rose 35.8% to N2billion (2012...


Deal: FCMB Sells City Securities Registrars To Cardinal Stone Partners

Deal: FCMB Sells City Securities Registrars To Cardinal Stone Partners

  The Managing Director of FCMB Group Mr. Ladi Lawal just confirmed that the Bank holding company has spun off its subsidiary City Securities...


Video==> Power Is No Excuse For Any Serious Business Not To Succeed – Dangote

Video==> Power Is No Excuse For Any Serious Business Not To Succeed – Dangote

Dangote Cement recently opened its new cement factory in Ibisa. And on hand to grant an interview to ABN Digital was Aliko Dangote. In...


Why Now Is The Best Time To Invest In The Money Market

Why Now Is The Best Time To Invest In The Money Market

Did you know the Nigerian economy today is even more favourable to savers than to borrowers and spenders. This is also not a regular...


Investor Watch: Dangote Sugar Plans To Double Refining Capacity To 2.75 million metric tons and Acquire More Plantations

Investor Watch: Dangote Sugar Plans To Double Refining Capacity To 2.75 million metric tons and Acquire More Plantations

Dangote Sugar Refinery Plc (DANGSUGA), Nigeria’s biggest producer of the sweetener, plans to almost double refining capacity to 2.75 million metric tons by 2017...


“CNN Asked Me My Favourite Country I said Its Nigeria” – Africa’s Youngest Billionaire

“CNN Asked Me My Favourite Country I said Its Nigeria” – Africa’s Youngest Billionaire

Forbes ran an article recently about Arica’s youngest billionaire Ashish Thakka. The dude was in Nigeria recently and met with President GEJ. He claims...


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

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 Profit on the other hand...


CPC Steps In To Challenge FAAN N2,000 Luggage Fee

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 is not unlikely that you...