Category Archives: News

DAILY MARKET UPDATE: 16 March, 2020

Investors Lose N14.67bn as NSEASI Dips by -0.12% The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization depreciated by 0.12 %. The All Share Index closed for the day at 22,705.19 points while Market Capitalization closed … Continue reading

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DAILY MARKET UPDATE: 13 March, 2020

NSEASI Closes the Day 0.17% Up (Dips by -13.49% to Close the Week Negative) The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization appreciated by 0.17 %. The All Share Index closed for the day at … Continue reading

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DAILY MARKET UPDATE: 10 March, 2020

Equities Market Dips Further By -4.91% as Sell Pressure Persists The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization depreciated by -4.91 %. The All Share Index closed for the day at 24,388.66 points while Market … Continue reading

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COMPANY REPORT: ACCESS BANK PLC.

ACCESS BANK PLC AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31ST 2019 31-Dec-19 31-Dec-18 N’000 N’000 GROSS EARNINGS: “666,753,600” “528,744,579” PROFIT BEFORE TAX: “115,378,579” “103,187,703” TAXATION “-17,868,920” “-8,206,617” PROFIT AFTER TAX: “97,509,659” “94,981,086” EARNINGS PER SHARE (K) 290 331 … Continue reading

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DIVIDEND PAYMENT: STANBIC IBTC HOLDINGS PLC

Stanbic IBTC Holdings Plc Closure of Register – Year Ended 31 December 2019 Proposed Dividend: N2.00 Kobo per share Proposed Bonus: Nil Qualification Date: Wednesday, 18th March 2020 Closure Date: Thursday, 19th ?Thursday, 26 March 2020 AGM Date: Wednesday, 17th … Continue reading

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COMPANY REPORT: STANBIC IBTC HOLDINGS PLC

STANBIC IBTC HOLDINGS PLC AUDITED CONSOLIDATED ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2019 December 2019 December 2018 N’million N’million GROSS EARNINGS: 233,808 222,360 PROFIT BEFORE TAX: 90,925 88,152 TAXATION: (15,890) (13,712) PROFIT FOR THE PERIOD: 75,035 74,440 … Continue reading

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COMPANY REPORT: ARDOVA PLC

ARDOVA PLC (formerly Forte Oil Plc) AUDITED RESULTS AT DECEMBER 2019 (N’000): FINANCIAL HIGHLIGHT: (N’000) (N’000) DEC 2019 DEC 2018 TURNOVER 176,550,766 134,706,306 COST OF SALES (165,269,049) (123,376,240) GROSS PROFIT 11,281,717 11,330,066 PROFIT BEFORE TAX 4,654,147 1,028,544 TAXATION (739,007) (397,073) … Continue reading

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COMPANY REPORT: TRANSCORP HOTELS PLC

TRANSCORP HOTELS PLC AUDITED GROUP FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER, 2019 DECEMBER 2019 DECEMBER 2018 N’M N’M REVENUE 20,405 17,425 COST OF SALES (5,076) (4,536) PROFIT BEFORE TAX 1,124 5,042 TAXATION (510) (1,328) PROFIT AFTER TAX 614 … Continue reading

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COMPANY REPORT: UNITED BANK FOR AFRICA PLC

UNITED BANK FOR AFRICA PLC AUDITED FINANCIAL STATEMENTS FOR THE FULL YEAR ENDED 31 DECEMBER 2019 2019 2018 N’millions N’millions Gross earnings 559,805 494,045 Profit before tax 111,287 106,766 Taxation charge 22,198 28,159 Profit after tax 89,089 78,607 Earnings per … Continue reading

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DIVIDEND PAYMENT: TRANSCORP HOTELS PLC

Transcorp Hotels Plc Closure of Register – Year Ended 31 December 2019 Proposed Dividend: Final Dividend of N0.07 Kobo per share Proposed Bonus: Nil Qualification Date: Thursday, 12th March 2020 Closure Date: Friday, 13th ?Tuesday, 17th March 2020 AGM Date: … Continue reading

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