By InvestAdvocate Lagos (INVESTADVOCATE)-Soap and detergent producer, PZ Cussons Nigeria Plc on Tuesday declared a dividend of 50 kobo per share to investors of the company. The soap maker in its corporate action to the Nigerian Stock Exchange (NSE) said closure date is 19 to 23 September, 2016 and payment […]
Results & Dividends
Union Bank Says H1 2016 Pretax Profit up 38.3%
By InvestAdvocate Lagos (INVESTADVOCATE)-Lender, Union Bank of Nigeria Plc (UBN) said on Tuesday its half-year (H1) pretax profit for the period ended June 30, 2016 climbed up 38.3 percent to N8.92 billion from N6.62 billion recorded a year ago. Similarly, profit before tax (PBT) grew 35.8 percent to N8.76 billion […]
Zenith Bank Plc Outperform Rating Maintained; Shares Up c.7% vs a Loss of -c.5% for the ASI
Culled—-Proshare August 16, 2016/FBNQuest Research Healthy underlying results; raising price target by 2.7% Zenith Bank management reiterated its full year PBT guidance of N126bn, following its Q2 2016 results which were in line. The main areas of scrutiny by the market in the results were the absence of large fx-related […]
