Culled—-Proshare September 2, 2020 by FBNQuest Research Outperform rating maintained We forecast group sales of US$538.6m for 2020E for Seplat, implying a y/y decline of over -20%. Our estimate is driven by both lower oil and gas revenues of US$432.1m (-13% y/y) and US$106.5m (-48% y/y) respectively. We expect an […]
Results & Dividends
STANBIC Reports N45.2 Billion PAT in H1’20
September 2, 2020/Cowry Asset Click here for full PDF copy of report
United Bank for Africa H1-20: Efficiency Deterioration Pressures Performance
September 2, 2020/Cordros Report UBA released its audited H1-20 numbers yesterday evening, which showed that the bank recorded a weaker performance for the period. On the EPS of NGN1.24 (-23.5% vs. H1-19), the board has proposed an interim dividend of NGN0.17/s (H1-19: 0.20/s), which equates to a yield of 2.6% […]
