Results & Dividends

Update: Database of Non-mandated Accounts in the Nigerian Capital Market

13/4/2017/SEC The Securities and Exchange Commission (SEC) is pleased to notify the investing public that, as part of measures to curb the growth of unclaimed dividend in the Nigerian capital market, all investors are required to register for the payment of their dividends electronically (e-Dividend). To facilitate the e-Dividend registration exercise, the […]

Forte Oil Q1 2017 Results: Key Highlights

April 18, 2017/InvestmentOne Research Forte Oil released its Q1 2017 results last Thursday. Please find key highlights below: ·         Revenue of N33.00bn; up +19.9% q/q; down -7.3% y/y ·         Profit before tax of N2.05bn against a -N293m loss before tax in Q4 2016 ·         Profit after tax of N1.88bn; up […]

2016: Dangote Flour Mills returns to profitability…posts N12 bn profit

April 12, 2017/Dangote Group Dangote Flour Mills (http://Dangote.com) has posted a profit before tax of N11.82 billion for its financial year ended December 31, 2016. According to the results released on the floor of the Nigerian Stock Exchange (NSE), the company has returned to profitability after four years of losses. […]