Results & Dividends

Nigerian shareholders to be paid in dollars – Seplat

Seplat Petroleum Development Company Plc has said that its Nigerian shareholders will receive their dividend in naira, contrary to reports. The company, which is listed on the London and Nigerian stock exchanges, clarified its dividend payment policy to Nigerian shareholders following news reports that it was insisting on paying its […]

Nigerian Breweries 2015 Q1 Pretax Profit Dip 1.83%

By InvestAdvocate Lagos (INVESTADVOCATE)-Beer maker, Nigerian Breweries Plc said on Thursday its 2015 first quarter pretax profit dipped slightly 1.83 percent to N14.438 billion from N14.710 billion the same period of last year. However, profit after tax (PAT) inched up marginally 0.45 percent to N10.102 billion from N10.059 billion recorded […]

Yahoo’s revenue drops 4 percent, misses estimates

Tue Apr 21, 2015/Reuters Yahoo Inc reported first-quarter revenue below analysts’ estimates as the veteran internet company struggles to rev up its core online advertising business. Yahoo’s shares were down 2.1 percent at $43.72 in extended trading after the company also reported a lower-than-expected quarterly profit. Revenue growth has stalled […]