March 6, 2020 By Paschal Ijeh InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one (1) lender, Access Bank Plc said on Friday its post-tax profit for the period ended December 31, 2019 inched up 2.7 percent to N97.51 billion from N94.98 billion recorded a year ago. In the same vein, pretax profit increased […]
Results & Dividends
Dangote Cement Q4 2019 Results Review: Downgrading to Neutral Post Q4 2019 Results
Culled—Proshare March 6, 2020 By FBNQuest Research 5-7% cut to our 2020-21E EPS forecasts and price target Dangote Cement’s (DangCem) Q4 2019 PBT came in -9% behind our forecast due to negative surprises in sales and gross margin. As such, we have cut our 2020-21E earnings forecasts by c.5% on […]
Union Bank says 2019 Pretax Profit Up 33% to N24.7 Billion, Declares Dividend after 12 Years
March 6, 2020/Union Bank of Nigeria Plc Union Bank, one of Nigeria’s longest standing and most respected financial institutions, announces its audited financial statements for the year ended 31st December 2019 which reflect strong growth in the Bank’s underlying business operations and enhanced profitability. The performance also demonstrates the impact […]
