By Kingsley Ogunwa InvestAdvocate Click here to download full PDF Report Lagos (INVESTADVOCATE)-Oil marketing major, Conoil Plc on Wednesday said its pretax profit for the period ended December 31, 2016 increased 24.1 percent to N4.3 billion compared to N3.44 billion recorded a year ago. Profit after tax (PAT) of the […]
Results & Dividends
Ecobank’s shareholders approve $400 million convertible bond issue to strengthen Group’s capital position
June 18, 2017/ETI Lomé-During the 29th Annual General Meeting and Extraordinary General Meeting, held in Lomé on 16 June 2017, shareholders of Ecobank Transnational Incorporated (‘ETI’), the parent company of the Ecobank Group (‘Ecobank’ or ‘the Group’), approved the issue of up to $400 million in convertible bonds. The convertible […]
Transnational Corporation of Nigeria Plc – Improved Earnings Outlook
Culled—Proshare June 16, 2017/CardinalStone Research In light of recent developments in the power and hospitality sector, we update our outlook on Transnational Corporation of Nigeria. We revise our target price (TP) to N3.05 and place a BUY recommendation on the counter. Kindly find key highlights below; CBN/ NBET Upstream Payment […]
