March 6, 2017/InvestmentOne Research NIGERIA | EQUITIES | BANKING | ACESS BANK PLC Q4 2016 results highlight: Surge in loan impairment charges weighs on PBT performance • Net interest income of N32.8bn: down -13.6% q/q; up+11.2% y/y • Profit before tax of N18.3bn: down -16.6% q/q; up +25.0% y/y • […]
Results & Dividends
Access Bank Offer Investors 65 Kobo Total Dividend in 2016 End, as Pretax Profit up 20%
By InvestAdvocate Click here to download full report Lagos (INVESTADVOCATE)-Nigeria’s tier one lender, Access Bank Plc on Monday proposed a a final dividend of 40 kobo per share in its 2016 audited year end, and had earlier offered an interim dividend of 25 kobo totaling 65 kobo per share in […]
MTN keeps dividend flowing after first loss in 20 years
March 2, 2017/Reuters By Tiisetso Motsoeneng Africa’s biggest mobile phone operator MTN Group promised to pay a dividend in 2017 on Thursday, sending its shares surging as investors shrugged off a loss that underscored its risks in investing in frontier markets. Founded with the help of Pretoria at the end […]
