Results & Dividends

Update: Ecobank Reports N52.6 Billion Loss after Tax in 2016 End

April 18, 2017/NSE Ecobank reports audited full year 2016 results – Gross earnings  down 6% $2.6 billion (up 23% to NGN 665.0 billion) – Operating profit before impairment losses down 0.5% to $735.1 million (up 29% to NGN188.6 billion) – Loss before tax  $131.3 million ( Loss in NGN 33.7 […]

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 […]