Results & Dividends

Stanbic IBTC Post N40.07 Billion Pretax Profit in 2014, Increase Dividend by 50%

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Lender Stanbic IBTC Holdings Plc said on Tuesday its pretax profit for the period ended December 31, 2014 increased 63 percent to N40.070 billion from N24.617 billion recorded a year earlier. Similarly, post-tax profit grew to 54 percent as the bank declared N32.065 billion in […]

GlaxoSmithKline Proposes 75 Kobo Dividend, I for 4 Bonuses

By InvestAdvocate Lagos (INVESTADVOCATE)-Drugmaker, GlaxoSmithKline Consumer Nigeria Plc said on Tuesday it’s proposing a 75 kobo per share dividend and one (1) new share for every four (4) existing shares to investors of the company. The drugmaker said the one for four  (1 for 4) bonus issue and 75 kobo […]

Seplat 2014 Profit Drops to $252 Million from $550 Million

By InvestAdvocate Lagos (INVESTADVOCATE)- First listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc said on Tuesday its profit for the financial year ended December 31, 2014 dropped to $252 million from $550 million recorded a year earlier; showing a decline of 54.2 percent. Similarly, profit before […]