July 27, 2021/Cordros Report NASCON published Q2-21 unaudited financials after market close yesterday. The result showed that the company’s EPS declined by 15.5% y/y to NGN0.27 in Q2-21 (Q2-20: NGN0.32). The EPS decline was underpinned by a sturdy growth in cost of sales (+31.4% y/y) amidst higher operating expenses (+21.1% […]
Results & Dividends
Ecobank’s Half-Year Profit Jumps By 33%, Revenue Rises
July 27, 2021/Ecobank Ecobank Transnational Incorporated (ETI) recorded a 33.04 per cent rise in its profit before tax for the first half of the year ended June 30, 2021. In its unaudited financial statement for the first half of the year 2021, Ecobank said its operating income improved by 15.35 […]
Court Restrains FG from Accessing N200bn Unclaimed Dividends
July 26, 2021/Proshare by Unini Chioma of The Nigeria Lawyer A Federal High Court sitting in Abeokuta has granted an interim order restraining the federal government from taking over the unclaimed dividends of shareholders in the capital market estimated to be over N200 billion. The order followed a suit instituted […]
