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Shareholders of Unic Insurance Plc are officially beneficial owners of a new company named Unic Diversified Holdings Ltd. This was made known via a press release issued published in the website of the Nigerian Stock Exchange by Unic. Here is an excerpt of the press release Unic Diversified Holdings Plc is...
In a press release issued today on the Nigerian Stock Exchange (NSE) today, OANDO Plc finally shed more light about the petitions sent to the Securities and Exchange Commission (SEC). News had broken last month, that SEC was investigating the company based on two petitions sent by shareholders. Here are...
Oando Plc in a series of tweets from its official twitter handle has denied suspending its upcoming Annual General Meeting (AGM) on instructions from the Securities and Exchange Commission (SEC). This follows an article in a Stock Market and Investing news website that the "capital market operator" had suspended...
Daar communications which owns AIT television and Raypower FM recently released its HY 2017 results. See below. Revenue 2016 6 Months | 2,127,035 2017 6 Months | 1,727,028 %age Change| -23%   Profit Before Tax 2016 6 Months| -984,437 2017 6 Months| -1,262,879 %age Change| -22% Profit After Tax 2017 6 Months| -1,025,805 2016 6 Months| -1,286,784 %age Change| -20% EPS (Kobo) 2016 6...
The Ecobank Group released its interim financial results for the period ended 30 June 2017 ; See below Gross Earnings N’m 2017 6 Months | 386,858 2016 6 Months | 273,445 %age Change| 41% Pre Tax  Profit N’m 2017 6 Months| 46,241 2016 6 Months| 41,569 %age Change| 11% Profit after Tax N’m 2017 6 Months| 37,734 2016 6 Months| 31,081 %age...
LAGOS, Nigeria, August 23, 2017/ -- In another bold move for self-sufficiency in sugar production through the government’s backward integration policy, the Pan African Conglomerate, Dangote Group (www.Dangote.com) today in Minna, Niger State signed a Memorandum of Understanding (MoU) with the State Government for the establishment of a jumbo...
9 mobile (formerly known as Etisalat Nigeria) has issued a press statement explaining the network outage some of its users are currently experiencing. According to the firm, the network difficulties were due to a downtime in one of its data centres. In the statement signed by its Vice President,...
Gt Bank released its interim financial results for the period ended 30 June 2017 ; See below   Gross Earnings N’m 2017 6 Months | 214,098 2016 6 Months | 209,873 %age Change| 2%   Pre Tax  Profit N’m 2017 6 Months| 101,101 2016 6 Months| 85,688 %age Change| 18%   Profit after Tax N’m 2017 6 Months| 83,679 2016 6 Months| 71,768 %age Change| %   EPS (Kobo) 2017 6 Months| 296k 2016 6 Months| 254k %age Change| 17%   This result was officially...
Zenith Bank released its interim financial results for the period ended 30 June 2017 ; See below   Gross Earnings N’m 2017 6 Months | 380,440 2016 6 Months | 214,812 %age Change| 77%   Pre Tax  Profit N’m 2017 6 Months| 92,183 2016 6 Months| 53,905 %age Change| 71%   Profit after Tax N’m 2017 6 Months| 75,317 2016 6 Months| 35,467 %age Change| 112%   EPS (Kobo) 2017 6 Months| 240k 2016 6 Months| 113k %age...
In a statement released to the Nigerian Stock Exchange (NSE), Forte oil has denied any plans to go into partnership with local refineries for refining of petroleum products. According to the company, sections of the media misinterpreted a remark made by its Group CEO, Mr Akinsola Akinfemiwa during the...
  Lomé, 7 August, 2017 — Ecobank Transnational Inc. (ETI), parent company of the Ecobank Group, announced today that Mr Eric Jones Odhiambo will join the Group on September 22, 2017 as Chief Risk Officer and Group Head, Risk Management. He will be based in Lome, Togo, reporting to Mr...
AfroMillionsLotto, a brand new lotto with a minimum jackpot close to a billion naira is to be launched in support of the Nigeria Professional Football League (NPFL) clubs by the League Management Company (LMC) in partnership with British-based Ofertas365. The lotto, due to be live later this month, has jackpots...
The board of directors of Lafarge Africa has approved the commencement of a merger with United Cement Company (UNICEM) and Atlas Cement Company (ATLAS). This was contained in a press release published on the website of the Nigerian Stock Exchange in Friday,  4th of August 2017. Lafarge owns 100% stake in...
Conoil released its financial results for the period ended 30 June 2017 ; See below   Revenue N’m 2017 6 Months | 44,926 2016 6 Months | 39,514 %age Change| 14%   Pre Tax  Profit N’m 2017 6 Months| 628 2016 6 Months| 1,567 %age Change| -60%   Profit after Tax N’m 2017 6 Months| 427 2016 6 Months| 1,042 %age Change| -59%   EPS (Kobo) 2017 6 Months| 62k 2016 6 Months| 150k %age Change| -59%   This result...
Sterling Bank released its condensed interim financial results for the period ended 30 June 2017 ; See below   Interest income N’m 2017 6 Months | 49,797 2016 6 Months | 41,541 %age Change| 20%   Pre Tax  Profit N’m 2017 6 Months| 4,305 2016 6 Months| 4,381 %age Change| -2%   Profit after Tax N’m 2017 6 Months|  3,773 2016 6 Months| 4,021 %age Change| -6%   EPS (Kobo) 2017 6 Months| 13k 2016 6 Months| 14k %age Change| -7%   This...
MRS Oil released its financial results for the period ended 30 June 2017 ; See below   Revenue N’m 2017 6 Months | 62,480 2016 6 Months | 53,777 %age Change| 16%   Pre Tax  Profit N’m 2017 6 Months| 1,135 2016 6 Months| 1,537 %age Change| -26%   Profit after Tax N’m 2017 6 Months| 703 2016 6 Months| 910 %age Change| -23%   EPS (Kobo) 2017 6 Months| 277k 2016 6 Months| 358k %age Change|...
Dangote Sugar Refinery PLC (Bloomberg: DANGSUGA-NL), Nigeria’s largest sugar producer, announces unaudited Group results for the six months ended 30 June, 2017. Financial highlights Group revenue increased to ₦118.7billion (2016: N70.47bn) Gross profit increased to ₦26.89billion (2016: N13.92bn) EBITDA increased...
Forte Oil released its interim consolidated financial results for the period ended 30 June 2017 ; See below   Revenue N’m 2017 6 Months | 65,648 2016 6 Months | 84,423 %age Change| -22%   Pre Tax  Profit N’m 2017 6 Months| 4,739 2016 6 Months| 4,262 %age Change| 11%   Profit after Tax N’m 2017 6 Months| 4,110 2016 6 Months| 2,233 %age Change| 84%   EPS (Kobo) 2017 6 Months| 105k 2016 6 Months| 188k %age Change| -44%   This...
Flour mills released its condensed consolidated financial results for the three months ended 30 June 2017 ; See below   Revenue N’m 2017 3 Months | 148,975 2016 3 Months | 119,206 %age Change| 25%   Pre Tax  Profit N’m 2017 3 Months| 6,194 2016 3 Months| 5,873 %age Change| 5%   Profit after Tax N’m 2017 3 Months| 4,532 2016 3 Months| 4,414 %age Change| 3%   EPS (Kobo) 2017 3...
Vitafoam released its Unaudited consolidated financial results for the nine months ended 30 June 2017 ; See below   Revenue N’m 2017 9 Months | 14,763 2016 9 Months | 10,992 %age Change| 34%   Pre Tax  Profit/(Loss) N’m 2017 9 Months| 258 2016 9 Months| -49 %age Change| N/A   Profit/(Loss) after Tax N’m 2017 9 Months| 134 2016 9 Months| -159 %age Change| N/A   EPS...
Okomu oil  released its Unaudited consolidated financial results for the period ended 30 June 2017 ; See below   Turnover N’m 2017 6 Months | 12,475 2016 6 Months | 7,545 %age Change| 65%   Pre Tax  Profit N’m 2017 6 Months|7,811 2016 6 Months| 3,909 %age Change| 100%   Profit after Tax N’m 2017 6 Months| 6,235 2016 6 Months| 3,595 %age Change| 73%   EPS (Kobo) 2017 6 Months| 654k 2016 6 Months| 377k %age Change| 73%   This result was officially...
Nigeria Breweries  released its Unaudited consolidated financial results for the period ended 30 June 2017 ; See below   Revenue N’m 2017 6 Months | 181,010 2016 6 Months | 157,374 %age Change| 15%   Pre Tax  Profit N’m 2017 6 Months|34,059 2016 6 Months| 25,549 %age Change| 33%   Profit after Tax N’m 2017 6 Months|23,751 2016 6 Months| 19,068 %age Change| 25%   EPS (Kobo) 2017 6 Months| 297k 2016 6 Months| 240k %age Change|...
Diamond Bank released its Unaudited consolidated financial results for the period ended 30 June 2017 ; See below   Interest and similar income N’m 2017 6 Months | 89,083 2016 6 Months | 67,763 %age Change| 31%   Pre Tax  Profit N’m 2017 6 Months|10,777 2016 6 Months| 10,485 %age Change| 3%   Profit after Tax N’m 2017 6 Months|9,323 2016 6 Months| 9,054 %age Change| 3%   EPS (Kobo) 2017 6 Months| 40k 2016 6 Months| 39k %age Change|...
Dangote Sugar released its Unaudited consolidated financial results for the period ended 30 June 2017 ; See below   Revenue N’m 2017 6 Months | 118,677 2016 6 Months | 70,472 %age Change| 68%   Pre Tax  Profit N’m 2017 6 Months|25,254 2016 6 Months| 11,156 %age Change| 126%   Profit after Tax N’m 2017 6 Months|17,101 2016 6 Months| 7,382 %age Change| 132%   EPS (Kobo) 2017 6 Months| 285k 2016 6 Months| 123k %age Change|...
GlaxoSmithKline released its Unaudited consolidated financial results for the period ended 30 June 2017 ; See below   Revenue N’m 2017 6 Months | 7,455 2016 6 Months | 6,842 %age Change| 9%   Pre Tax  Profit/(Loss) N’m 2017 6 Months|31 2016 6 Months| -1,127 %age Change| N/A   Profit/(Loss) after Tax N’m 2017 6 Months|22 2016 6 Months| -1,211 %age Change| N/A   EPS (Kobo) 2017 6 Months| 2k 2016 6 Months| -101k %age Change| N/A   This result was officially...
Union Bank released its Unaudited consolidated financial results for the period ended 30 June 2017 ; See below   Gross Earnings N’m 2017 6 Months | 73,682 2016 6 Months | 60,069 %age Change| 23%   Pre Tax  Profit N’m 2017 6 Months|9,460 2016 6 Months| 8,925 %age Change| 8%   Profit after Tax N’m 2017 6 Months|9,200 2016 6 Months| 8,761 %age Change| 5%   EPS (Kobo) 2017 6 Months| 54k 2016 6 Months| 52k %age Change| 4%   This result was...
Julius Berger released its Unaudited consolidated financial results for the quarter two ended 30 June 2017 ; See below   Revenue N’m 2017 6 Months | 69,728 2016 6 Months | 47,836 %age Change| 46%   Loss/(Profit) after Tax N’m 2017 6 Months|-365 2016 6 Months| 136 %age Change| N/A   EPS (Kobo) 2017 6 Months| 11 2016 6 Months| 10 %age Change| 10%   This result was officially released on the...
FBN Holdings released its Unaudited consolidated financial results for the period ended 30 June 2017 ; See below   Interest Income N’m 2017 6 Months | 232,378 2016 6 Months | 169,201 %age Change| 37%   Profit after Tax N’m 2017 6 Months|29,486 2016 6 Months| 35,885 %age Change| -18%   EPS (Kobo) 2017 6 Months| 81k 2016 6 Months| 98k %age Change| -17%   This result was officially released on the...
Dangote Flour released its Unaudited consolidated financial results for the quarter two ended 30 June 2017 ; See below   Revenue N’m 2017 6 Months | 64,856 2016 6 Months | 26,449 %age Change| 145%   Profit after Tax N’m 2017 6 Months|5,751 2016 6 Months| 1,021 %age Change| 463%   EPS (Naira) 2017 6 Months| 115.84k 2016 6 Months| 20.93k %age Change| 453%   This result was officially released on the...
Seplat released its Unaudited consolidated financial results for the quarter two ended 30 June 2017 ; See below   Revenue N’m 2017 6 Months | 40,317 2016 6 Months | 31,576 %age Change| 28%   Loss after Tax N’m 2017 6 Months| -8,432 2016 6 Months| -12,808 %age Change| -34%   EPS (Naira) 2017 6 Months| -14.97 2016 6 Months| -23.33 %age Change| -36%   This result was officially released on the...