UPDC Plc Post N3.1billion PAT

Quick Highlights Gross Profit dropped 36% to N3billion (2012: N5billion) Operating profit without other income was N1.4billion (2012: N3.2billion) Game changer was other income which rose 633%...

MRS Oil Post N634million PAT, Propose 75kobo Dividends

MRS Oil has released its 2013 FY results showing a 10% rise in revenue t0 N87.7billion (2012: N79.2billion). Highlights Gross profit dropped 16% to N4.7billion...

Mansard Insurance Post 35% Increase In Earnings Per Share

Mansard Insurance Plc released its 2013 FY audited results showing a 9% rise in Gross Premium to N13.5billion (2012: N12.4billion). Highlights Net premium increased 6%...

Mobil Oil Plc Post N3.4billion PAT Declare N6 Dividends

  Mobil Oil Plc released its 2013 FY audited results showing a 21% rise in profit after tax to N3.4billion (2012: N2.8billion). Highlights Revenue for the year ...

ABC Transport Post 6% Drop in PAT..See Details

ABC Transport Plc released its 2014 Audited results showing a 6.3% drop in profit after tax to N305million (2012: N326million). Highlights of the results...

Official: Zenith Bank Appoints New GMD/CEO. See Details

Zenith Bank Plc has notified The Nigerian Stock Exchange of the appointment of Mr. Peter Olisamedua Amangbo as the Group Managing Director/CEO designate of...

Official: Oando Extends Completion of Conoco Phillips Deal To April 30th. Agrees To...

Oando Energy Resources Inc. (“Oando Energy Resources” or the “Company”) (TSX: OER), a company focused on oil and gas exploration and production in Nigeria,...

Official: Seplat Will Sell For Between N535 and N700 Per Share. See full details

  SEPLAT, an indigenous independent oil and gas company incorporated and operating in Nigeria with a strategic focus on Nigeria, announced on 11 March 2014...

“God” Analysts: This Is What They Expect From The New CBN Governor

It was basically confirmed last week that Godwin Emefiele will be the new CBN Governior come July 1 2014 when the tenure of Sanusi...

RESULT: Ashaka Cement Post 9.6% Drop In PAT To N2.8billion. See Details

Ashaka Cement Plc released its 2013 FY results posting a profit after tax of N2.8billion representing a 9.6% drop from the N3.1billion posted in...

RESULTS: FCMB Plc Post N16billion PAT, Declares 30kobo Dividends

FCMB Plc released its 2013 FY audited results showing a 12.6% rise in profit after tax. Highlights of the results are as follows; Net interest...

Dividends: UPDC Declares Dividends & Bonus Issue for 2013 Results. See details

UACN Property Development Company (UPDC) has proposed a dividend payment 70kobo per share. They also approve a bonus issue of 1 share for every...

Dividends: Diamond Bank Declare 30kobo Per Share Dividends

Diamond Bank Plc has proposed a dividend payment of 30kobo per share or N4.3billion to its share older. You have to own the shares...

RESULTS:Diamond Bank Post N28.5billion PAT, 29% Increase. See details

Diamond Bank released its 2013 FY results showing a Net Interest Income of N104.6billion representing a 17% growth from the N89billion posted a year...

RESULTS: Julius Berger Plc Post N7.8billion PAT..See Details

Julius Berger Plc released its 2013 FY results showing revenue rose 5.5% to N212.7billion (2012: N201.5billion).  Other highlights of the results are as follows; Gross...

2013 Dividends: Total Plc Declares N9 Dividends…See Details

Total Nigeria Plc has approved a N9 dividend payment. These are the details for dividend payments; Proposed 900kobo (N9) dividend per share Closure date 22nd to...

Result: First Aluminium Post N97million PAT (2012: N1billion Loss)

First Aluminum released its 2013 FY results showing a 3% drop in revenue to N8.3billion (2012: N8.6billion). However profit after tax for the year...

Official: UBA Plc Post 9% Drop in PAT To N46.6billion. See Highlights…

UBA PCL released its 2013 FY results showing a 12% increase in Gross Earnings from N220billion in 2012 to N246.6billion. Highlight of the results...

Official: UAC Plc Propose N1.75 Dividend…Register To Close….

UAC of Nigeria Plc. has proposed a dividend payment of N1.75. This decision was taken at a board meeting held 26/3/2014. Here are other...

Dangote Cement Declares N7 Dividend Up 133%

Leading cement manufacturer, Dangote Cement Plc has declared its 2013 financials, recording an upsurge in its Nigerian sales volume to 13.3million tonnes, resulting in...

N-O-T-I-C-E: Bank of England Changes £50 Bills, Return Yours To BDC Before April 30

The Bank of England will on April 30 withdraw £50 bill (with the portrait of John Houblon) from circulation, the Central Bank of Nigeria...

Official: Senate Confirms Emefiele As CBN Governor

The Senate on Wednesday confirmed the nomination of the Managing Director, Zenith Bank Plc, Mr. Godwin Emefiele, as the next Governor of the Central...

R-E-S-U-L-T: CCNN Plc Post 19% Increasse in PAT to N1.4billion

CCNN released its 2013 FY results showing a 4.4% increase in revenue to N15.7billion compared to N15.1billion posted in 2012. Gross profit rose 18.2% to...

R-E-S-U-L-T: Sterling Bank Post 19% Increase In PAT To N8.2billion

Sterling Bank Plc released its 2013 FY results showing a 33% rise in Gross Earnings to N91.6billion (2012: N68.8billion). Net Interest Income also rose 50%...

R-E-S-U-L-T: Dangote Cement Post Record N201billion Profit After Tax For 2013

  Dangote Cement Plc has released its 2013 FY audited accounts showing a 30% rise in revenue to N386billion (2012: N298billion). Operating profit at the...

Official: Julius Berger Propose N2.7 Final Dividend, Appoint New Auditors

The board of directors of Julius Berger met March 19, 2014 and approved their audited accounts for the year ended December 31, 2013. The...

Official: CAP Plc Declare Final Dividend of N1 in Addition to N1.25 Interim Dividend...

The Board of Chemical and Allied Products Plc concluded its board meeting on Thursday, March 20, 2014 and took the following decisions: 1 Date of...

ASL Declare Dividend of 12kobo Per Share For FY 2013

Airline Services & Logistics Plc has notified The Nigerian Stock Exchange of the resignation of Mr. Alfred Rigler as a director of the Company....

This Is What First Bank MD Had To Say About Increasing Public Sector CRR...

The Group Managing Director, First Bank of Nigeria, Mr. Bisi Onasanya, on Monday said the proposed increase in Cash Reserve Ratio on public sector...

House Orders Police, SSS to Arrest Peddlers of New Naira Notes

The low supply of new naira notes at various commercial banks has propelled the House of Representatives to direct the Nigeria Police and the...
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