March 22, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Agriculture / Argo-Allied firm, Okomu Oil Company Plcon Thursday proposed a dividend of N3.00 per share to investors of the company for full year 2017. Okomu in its corporate action to the Nigerian Stock Exchange (NSE) said qualification date is May 15, 2018; while […]
Results & Dividends
ETI Reports N69.99 Billion Profit in 2017 End
By InvestAdvocate Lagos (INVESTADVOCATE)- Pan-African lender, Ecobank Transnational Incorporated (ETI) said on Wednesday its profit for the period ended December 31, 2017 rose 233.1 percent to N69.99 billion from a negative of N52.60 billion recorded a year earlier. Similarly, pretax profit increased 362.0 percent to N88.30 billion from a negative […]
Access Bank Reports Q4 2017 Results – Funding Income Grew by 28% as OPEX Declined by 21% YoY
Culled—Proshare March 21, 2018/FBNQuest Research Event: Access Bank reports Q4 2017 results Implications: Likely downward revisions to consensus PBT forecasts and negative reaction from the market Positives: Funding income grew 28% y/y: opex declined by 21% y/y Negatives: PBT fell by 67% y/y due to a reduction in non-interest income and a […]
