September 7, 2017 By InvestAdvocate Lagos (INVESTADVOCATE)-Soap and detergent producer, PZ Cussons Nigeria Plc on Wednesday said its pretax profit for the period ended May 31, 2017 surged 52.83 percent to N4.81 billion from N3.14 billion posted a year ago. Profit after tax (PAT) of the company increased 73.10 percent to […]
Results & Dividends
Stanbic IBTC attracts N413.62 billion capital inflows into Nigeria
September 6, 2017/XLR8 Stanbic IBTC, a member of Standard Bank Group, in the second quarter of this year, facilitated a staggering $589.84 million capital inflow into the country, ranking it first among financial institutions that imported capital into Nigeria. The Nigerian Bureau of Statistics (NBS), in its Capital Importation Q2 […]
Stanbic IBTC Holdings Q2 2017 Results Review – Likely Easing of Cost of Risk In H2 Bodes Well
Culled—Proshare September 6, 2017/FBNQuest Research Post roll-over to 2018, keeping Neutral rating We have rolled over our price target for Stanbic IBTC (Stanbic) to 2018, increasing our target by 56% in the process to N39.2. Apart from the rollover effect, the other driver behind the marked uplift is a 17% […]
