October 29, 2019/Coronation Report Fidelity Bank released unaudited 9M 2019 results today. Net profits were up 20.2% y/y to N21.5bn (US$59.7m). Net interest income grew 0.1% y/y at N58.3bn (US$161.9m) despite gross loan growth of 26.9% y/y. Net fee and commission income was up 24.4% from the previous year. The […]

October 29, 2019/Transcorp Lagos, Nigeria. Transnational Corporation of Nigeria Plc (“Transcorp”) today announced its financial results for the third quarter ended 30 September 2019. Highlights of the result show the Group recorded a Gross revenue of N58.28bn and posted a Profit Before Tax (PBT) of N7.36bn for the period under […]

Culled—Proshare October 29, 2019 By ARM Research Lafarge Africa Plc released 9M 19 result, showing the group’s performance ex-South Africa business (LSAH). On the adjusted numbers, Lafarge reported EPS of N1.28 compared to a loss of N1.20 in 9M 18 (including Lafarge South Africa). The improvement relative to the prior […]