Results & Dividends

SEC urges Beneficiaries of Deceased Investors to Claim their Dividends

April 30, 2019/SEC In a bid to further reduce the quantum of unclaimed dividends in the Nigerian capital market, the Securities and Exchange Commission, SEC has urged beneficiaries of deceased investors to step up efforts to claim such dividends. This was stated by the Acting Director General of the SEC, […]

The Okomu Oil Palm Plc Q1 2019 – Worrisome Start To The Year

Culled—Proshare April 29, 2019 By Damilola Olupona of ARM Research Worrisome Start To The Year The Okomu Oil Palm Plc released its first quarter 2019 result on Friday which showed significant contraction in PAT by 71% YoY to N1 billion, translating to an EPS of N1.06. The depressed performance emanated […]

NB Plc – Industry Headwinds Dampen Outlook on Top Brewer

Culled—Proshare April 29, 2019 By Meristem Research  Net Revenue Stays Flattish Nigerian Breweries Plc. (NB) reported a growth of 3.33% and 0.38% in gross and net revenues. Net revenue settled at NGN83.28bn in Q1:2019 (vs. NGN82.97bn in Q1:2018), weakened by the increase in excise duties, which accounted for 16.82% of […]