Results & Dividends

Zenith Bank PLC Q1’20 : Non-Funded Income Supports Earnings Expansion

April 30, 2020/Cordros Report Yesterday, ZENITHBANK released its unaudited Q1-20 financials, showing that the bank recorded moderate growth in earnings, relative to the corresponding period of the prior year. Gross earnings grew year-on-year, supported by non-interest income, as interest income declined despite growth in income from loans and advances. The […]

Ecobank Reports $90 million PBT in Q1’2020, Records Significant Increase in Customers Adoption of Digital Channels

April 30, 2020/Ecobank Business Highlights Recorded significant increases in customer adoption rates on our digital/online channels across our businesses. Adoption rates are expected to accelerate as COVID-19 induced lockdowns changes consumer behavior. The number and value of transactions grew by 8% and 15% to 4m and $6.1bn, respectively, on Ecobank […]

Seplat’s significant cash resources, among others, provide strong resilience to oil volatility – CEO

April 29, 2020/Seplat Seplat Petroleum Development Company Plc, a leading Nigerian independent oil and gas company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has assured that its increasing revenue from gas, low oil price hedging and good cash standing, provide strong resilience to […]