July 29, 2019/Oando Plc Oando PLC has announced its financial results for the six months ended June 30, 2019 with a profit-after-tax (PAT) of N7.2 billion. The company which experienced a challenging couple of months have continued to keep its head high, positing encouraging financials and further inspiring hope to […]

July 29, 2019/NAHCO The Nigerian Aviation Handling Company (NAHCO) Plc at the weekend assured its shareholders that the ongoing implementation of a strategic five-year growth plan will lead to a more agile and profitable company. At the annual general meeting in Kano, directors of NAHCO outlined strategic growth objectives, key […]

July 27, 2019/Cordros Report Event: OKOMUOIL recently published H1-19 results, showing significant contractions across key lines – revenue (-33.8% y/y), PBT (-59.2% y/y), and PAT (-57.4% y/y). On Q2 19 numbers, despite higher rubber sales (+58.4% y/y), lower than expected revenue from CPO (-29.6% y/y) underpinned earnings downbeat. The reported […]