October 23, 2020, Conoil Plc Shareholders of Conoil Plc have approved the payment of N1.39 billion dividend proposed by the board of the major oil marketing company, coming on the back of an impressive performance recorded in the 2019 financial year. This meant that shareholders will get 200 kobo on […]

October 22, 2020/Cordros Report GUINNESS published Q1-20 (end-Sep 2020) results after the close of the market yesterday, reporting a loss after tax increase of 127.2% y/y. Earnings were impacted by weaker gross margins and a higher tax expense. Net revenue grew by 11.6% y/y in Q1-20, 4.3% and 5.2% above […]

Culled—Proshare October 15, 2020 by FBNQuest Research Material increases to earnings estimates We have raised our price target on PZ Cussons Nigeria (PZ) by 32% to N5.4 on the back of its latest results, which exceeded expectations. Q1 2020 (end-August) earnings indicate a sharp recovery from the lockdown that hit […]