Results & Dividends

SEC Tasks Investors on e-Dividend

April 25, 2021/SEC Nigeria The Securities and Exchange Commission has again urged investors in the capital market to register for e-dividend so that they can receive the benefits of their investments in the capital market.  This was stated by Executive Commissioner Operations of the SEC Mr. Dayo Obisan during an […]

STANBIC Says Q1 2021 Pretax Profit Drops -50% to N12.14 Billion

April 23, 2021 By Evans Charles InvestAdvocate Lagos (INVESTADVOCATE)-Stanbic IBTC Bank on Friday said its pretax profit for the first quarter (Q1) Unaudited results for the period ended March 31, 2021 declined -50 percent to N12.14 billion from N24.41 billion posted a year ago. Post-tax profit of the bank also […]

Unilever Nigeria FY-2020 & Q1-2021 Earnings Update – Not out of the woods

April 22, 2021/United Capital Research Recently, Unilever Nigeria Plc (UNILEVER) published its Audited FY-2020 and Unaudited Q1-2021 financial result. According to the reports, Revenue grew marginally in FY-2020, up 2.4% y/y to N62.0bn. In Q1-2021, Revenue surged 45.7% y/y to N19.4bn. However, the company’s revenue improvement remains undermined by huge […]