Results & Dividends

Shareholders applaud NASCON mgt; gets 70k dividend

May 5, 2017/NASCON Shareholders of NASCON Allied Industries Plc on Thursday unanimously lauded the decision of the company to pay a dividend of 70 kobo per share as against the 55 kobo paid in 2015. Chairman of the Independent Shareholders Association, Chief Sunny Nwosu, described the board of Nascon as […]

NASCON plans new products as shareholders laud coy on dividend payout

May 5, 2017/NASCON The Management of NASCON on Thursday assured shareholders of bumper returns on their investment in the company as it has concluded arrangements to roll out more products before the end of this year. When introduced, the new products will enhance the company’s turnover, profitability and ultimately rub-off […]

Zenith Bank Plc – Strong start to FY’17, earnings beat estimates

Culled—Proshare May 3, 2017/Vetiva Research Top and bottom line beat estimates, up 49% and 41% y/y respectively OPEX and Interest cost pressures persist Loan loss expense in line with estimates We revise our target price to N28.00 (Previous: N27.25) Earnings beat, supported by strong top line growth ZENITHBANK released its […]