Results & Dividends

First Bank of Nigeria Holdco H1-22: Funded Income Growth Supports Performance

July 29, 2022/Cordros Report FBNH released its H1-22 financial report this morning (29 July 2022), which showed that the Holdco recorded growth in its top and bottom-lines. The performance was supported by the growth recorded in core income as a combination of increased risk asset creation and a higher yield […]

TotalEnergies Marketing Nigeria Plc Q2-22: Cost Pressures Weighs on Margins and Earnings

July 29, 2022/Cordros Report TOTAL published its Q2-22 unaudited financials yesterday, reporting an 18.3% y/y decline in Q2-22 standalone EPS to NGN12.26 (Q2-21: NGN15.01), bringing H1-22 EPS to NGN25.12 (H1-21: NGN23.76). The EPS decline was driven by a sharp increase in the company’s costs (+36.1% y/y) and operating expenses (+19.7% […]

Seplat Energy Records 71% Rise in Q2 Revenue to $527 Million

… declares US$ 2.5 cents dividend per share July 28, 2022/Seplat Energy Plc Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has reported a rise of 238% in its half year 2022 profit before tax (PBT) to $209.9m […]