Results & Dividends

ContinentalRe Says 2016 Pretax Profit up 21.2%, Proposes 14 Kobo per Share Dividend

By InvestAdvocate Click here to download full report Lagos (INVESTADVOCATE)-Reinsurer, Continental Reinsurance Plc on Tuesday said its pretax profit for the period ended December 31, 2016 jumped 21.3 percent to N4.65 billion from N3.83 billion recorded a year ago. Post tax profit increased 24.02 percent to N3.12 billion from N2.51 […]

Stanbic IBTC Absolute Fund Ends Another Year with Positive Returns

Culled—Proshare March 13, 2017/Quantitative Financial Analytics Stanbic IBTC Absolute Fundmade an 11.5% return for the year ended Dec. 31 2016 and its asset increased by almost a corresponding percentageto N5.33 billion. This information comes from analysis by Quantitative Financial Analytics Ltd, Nigeria’s foremost mutual and pension funds analytics platform. The […]

Nigerian Breweries Plc | Feedback from Conference Call and Routine Checks

March 10, 2017/Cordros Research Click here to read full conference call and routine checks We left the call with NB’s management last week, with our view about the company’s expected performance in 2017 unchanged. Hence, estimates for 2017, and beyond, are unchanged from the last update (see forecasts on page […]