March 24, 2021/Cordros Report Event: DANGCEM published FY-20 audited financials after the market’s close (March 23). The group delivered impressive earnings as PAT rose by 37.7% y/y to NGN276.07 billion in FY-20 while EPS grew by 36.9% y/y to N16.14. The board has proposed a final dividend of NGN16.0/s (same […]
Results & Dividends
United Capital Holds AGM, Shareholders to Receive N4.2 Billion Dividend Payout at 70 Kobo Per Share
March 23, 2021/United Capital Plc Following the release of its remarkable audited financial results for 2020, foremost Pan-African financial services conglomerate, United Capital Plc, held its Annual General Meeting on Tuesday, March 23, 2021 at Lagoon Restaurant, Victoria Island, Lagos. At the Annual General Meeting, which was held by proxy […]
ETI Report Says Q4 2020 Profit Plunges -66% to N34 Billion
By InvestAdvocate Lagos (INVESTADVOCATE)-Pan-African lender, Ecobank Transnational Incorporated (ETI) said on Tuesday its profit for the fourth quarter (Q4) period ended December 31, 2020 plunged 66.1 percent to N33.74 Billion from N99.46 billion recorded a year ago. Profit before tax (PBT) of the bank also declined -54.6 percent to N66.59 […]
