Cornerstone Insurance leads this week’s gainers as NSE closes on negative note

Cornerstone Insurance leads this week’s gainers as NSE closes on negative note

Cornerstone insurance Plc was the best performing stock this week, as NSE resumed its negative run after a two-week break.
access and diamond

Quick take: Post-merger synergies coming to fruition 

Access Bank recently released the first post-merger audited H1 2019 financial report for the combined entity following the merger with Diamond Bank.
Access Bank Plc

Access Bank’s shareholders to get N9 billion interim dividend

Access Bank Plc has declared an interim dividend of 25 kobo per every share of 50 kobo, for the financial period ended Sunday, June 30, 2019.
Access Bank, Scam Alert: Access Bank issues warning to customers over fraudulent acts , Director, West Africa region, IE, Onyekachi Eke, Access Bank lists N30 billion bonds on NSE 

Here’s why Access Bank failed to submit 2019 First-Half Financial Result before deadline 

Access Bank didn't submit its Half-Year Financial Statement for the period ended June 2019 before the deadline set by the Nigerian Stock Exchange (NSE).
UBA H1 Result

UBA Delivers 21% Growth in Profit, 21.7% Return on Average Equity, Declares N0.20 Interim...

Africa’s leading financial institution, United Bank for Africa Plc has announced its audited half-year financial results for the period ended June 2019, showing impressive growth across key performance indices as well as a significant contribution from its African subsidiaries.
UBA H1 Year 2019 Tony Elumelu, United Bank for Africa

UBA records N204.8 billion interest income for H1 2019 

United Bank for Africa Plc reported a 9.3% increase in its interest income for the half-year period ended June 30, 2019.   
Guinness Revenue

Quick Take: Pressured revenue dampens FY 2019 performance

Guinness Nigeria Plc in its FY 2019 financial report announced an 8.0% y/y decline in Revenue to N131.5 billion in FY 2019 from N143.0 billion.
Guinness Nigeria

2019 Fiscal Period: Guinness Nigeria declares N4 billion final dividend

Guinness Nigeria Plc has declared a final dividend of N1.52k per 50 kobo ordinary share which amounts to N4 billion
Fidelity bank

Fidelity Bank reports 12.3% increase in gross earnings for H1 2019

Fidelity Bank reports 12.3% increase in gross earnings for H1 2019
PZ Cussons Nigeria Plc Full-year 2019

Full Year-2019: PZ Cussons’ profit declines by 40% 

PZ Cussons Nigeria Plc has released its financial results for the business year ended Friday, May 31, 2019. 
Insurance Firms

See the “score card” as insurance firms hurriedly release H1 2019 results

As July was drawing to a close, many listed companies on the NSE were in a rush to file their H1 2019 unaudited financial statements. Among them were about eighteen insurance firms.
Unity Bank Plc

Unity Bank’s H1 2019 results indicate 96% growth in profit

Unity Bank Plc recently joined the list of companies on the Nigerian Stock Exchange that have released their financial statements for the half-year period ended June 2019.
GlaxoSmithKline Consumer Nigeria Plc

GlaxoSmithKline releases consolidated half-year report, revenue rises by 15.9%

Drug manufacturer, GlaxoSmithKline Consumer Nigeria Plc, has released its consolidated financial statements for half-year 2019.
Dangote Sugar Refinery

Dangote Sugar Refinery’s profit declines in H1 2019

Dangote Sugar Refinery Plc recorded a generally unimpressive financial performance in the first half of 2019, according to its consolidated Q2 financial statements. 
Seplat Petroleum

Seplat Petroleum’s H1 profit increases by 152.6%

Seplat Petroleum Development Company Plc has released its half-year 2019 result. According to the result, the company recorded a 152.6% increase in its Profit After Tax (PAT).
Nigerian capital market

FBN Holdings Plc releases interim financial statements for Q2 2019

FBN Holdings Plc, yesterday, released its half-year 2019 interim financial results which showed a slight 5.5% drop in profit for the period under review. See vital details below.
Dangote Cement Plc

Dangote Cement’s Q2 profit up by 5.4%

Dangote Cement Plc has released its interim second-quarter 2019 financial statements, which show fairly positive performances across all major indicators.
Xenophobia, MTN Nigeria’s shares drop on NSE following attack on its centres in Nigeria

Quick take: MTN’s Strong Operational Performance Underpins double-digit growth

In line with our expectations, MTN Nigeria delivered double-digit growth in revenue, up 12% y/y to N566.9bn (annualised; N1.13trn), tracking our FY 2019 estimate of N1.15 trillion.

Nigerians spend over N359 billion on MTN airtime in 6 months

Earlier today, MTN Nigeria Plc released its Q2 2019 financial results, a breakdown of which has revealed details of how the leading telco made money in the past six months of the year.
Ecobank, Ayo Adepoju's appointment

Ecobank Transnational Incorporated releases Q2 2019 results

Ecobank Transnational Incorporated (ETI) has disclosed its unaudited financial results for the Q2 period ended June 30, 2019.
MTN Group

MTN releases Q2 2019 financial statements

MTN Nigeria Plc has disclosed its unaudited second-quarter (Q2) 2019 financial performance which shows an impressive 34.7% increase.

SAHCO records N665.649 million loss for FY 2018

Skyway Aviation Handling Company Plc (SAHCO) has declared a Loss After Tax of N665.649 MILLION for the full year end 2018. 
Conoil Plc, NSE, Conoil Plc's shares, NSE suspends shares from trading shares

Conoil proposes N2 per share dividend for shareholders

All things being equal, the shareholders of Conoil Plc will get a dividend payment of N2 per share for the 2018 full year soon,...
A.G Leventis

Leventis returns to winning way, declares N876 million profit after 3 years

Investors of Nigeria-based British conglomerate, A.G Leventis Nigeria PLC, have their lucky stars to thank as the firm has announced a profit of N876 million for the 2018 financial year-end after recording losses for three consecutive years.
NAHCO Plc's shareholders approve dividend payment

NAHCO to pay N0.25 dividend; set for N3.6 billion expansion

All things being equal, shareholders of the Nigerian Aviation Handling Company (NAHCO) will get a dividend of 25 kobo per share by 26th July, 2019.
International Breweries' loss before tax increases by 148% in FY 2018

International Breweries’ loss before tax increases by 148% in FY 2018

International Breweries Plc, has disclosed its financial statement for the full-year period ended Dec 31st, 2018. Here are the highlights of the result
Red Star, Red Star drives company’s expansion with Azman Air Services partnership

Red Star Express Plc increases dividend payout by 7.2% year on year

Red Star Express Plc has proposed to pay its shareholders N253 million worth of dividends for the financial year ended March 31st, 2019. This will translate to 43 kobo per share. 
Honeywell flour mills plc, fy 2019

Honeywell Flour Mills Plc records 98% profit decline in FY 2019

Honeywell Flour Mills Plc has disclosed its financial result for the financial period period ended March 31st, 2019. We have the details...
CAP Plc will use its entire profit after tax to pay dividends

CAP Plc will use its entire profit after tax to pay dividends

Chemical and Allied Products (CAP) Plc, a subsidiary of UAC of Nigeria Plc, has declared a dividend of 290 kobo per share for the financial year 2018.
Stanbic IBTC Dividend 2018

Shareholders endorse Stanbic IBTC’s N15.36 billion dividend payout for 2018

Shareholders of Stanbic IBTC Holdings Plc yesterday approved a dividend payment of N15.36 billion, proposed by the board, for the 2018 financial year.


FGN Bonds, FG lists N296 billion savings bonds on NSE 

FG lists N296 billion savings bond on NSE 

The Federal Government has listed savings bonds valued at N296 billion on the Nigerian Stock Exchange (NSE)
Ecobank Nigeria appoints new officers 

Ecobank Nigeria makes senior management appointments 

Ecobank Nigeria has announced the appointment of 5 new management officers across various levels in the bank. 
World Bank, Focus on lifting people out of poverty - World Bank tells FG 

Focus on lifting people out of poverty – World Bank tells FG 

Focus on lifting people out of poverty - World Bank tells FG