March 19, 2019/Transcorp Plc Shareholders of Transnational Corporation of Nigeria Plc (Transcorp) have commended the Board and Management of the company for their remarkable achievements demonstrated in the company’s record-setting financial performance in 2018.  Speaking at the company’s 13th Annual General Meeting, which was held at the iconic Transcorp Hilton, Abuja on […]

Culled—Proshare March 18, 2019/ CardinalStone Research United Bank for Africa Plc (UBA) FY’18 results – gross earnings grew by 4.7% YoY to N465.9 billion, in line with our expectation of N475.5 billion (-2.0% deviation). Profit before taxes, at N106.8 billion (FY’17 – N104.2 billion), also came in in line with […]

Culled—Proshare March 18, 2019/CardinalStone Research In this report, we provide an update on Fidson Healthcare Plc, following its ongoing capital raising exercise. We highlight that the net proceeds of the rights issue will be used to finance working capital needs, as well as deleverage the company’s balance sheet. We see […]