—- Shareholders ratify N1.00 Total Dividend April 29, 2020/UBA Plc Leading African financial institution, United Bank for Africa Plc (UBA) held its Annual General Meeting virtually by proxy on Wednesday, April 29, 2020 – a first in UBA’s seventy-one year history. The meeting, which had in attendance shareholders, management and […]
Results & Dividends
Seplat Petroleum Development Company Plc Q1’20 Results – Impairment Loss Drags SEPLAT into Red Zone
Culled—Proshare April 29, 2020 CardinalStone Research Seplat Petroleum Development Company Plc (SEPLAT:NGSE) reported a $106.6 million loss in its unaudited Q1’20 result. The loss was mainly driven by a $145.5 million impairment loss (vs. gain of $.14.0 million in Q1’19) charged on its oil and gas assets during the period. […]
Union Banks Says Q1’20 Pretax Profit Up 19% to ₦6.2Bn
April 29, 2020/UBN Plc Union Bank, one of Nigeria’s longest standing and most respected financial institutions, announces its unaudited financial statements for the quarter ended March 31 2020. Bank Financial Highlights: • Profit before tax: up 19% to ₦6.2bn (₦5.2bn in Q1 2019). • Gross earnings: grew 18% to ₦42.6bn […]
