October 31, 2016/Fidelity Bank Plc Fidelity Bank Plc, one of Nigeria’s highly diversified financial institutions has announced its Unaudited Results, for the 9 months ended 30 September 2016, disclosing that the Bank’s deposit base grew to N795.6 billion in spite of the current economic turmoil. This represents a 3.4 percent […]
Results & Dividends
Oando Plunges Further, Reports N54.35 Billion Loss in Q3 2016
By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing company, Oando Plc on Monday reported a loss of N54.35 billion in the third quarter (Q3) period ended September 30, 2016 compared to a loss of N37.72 billion recorded a year ago. Also, the company recorded a loss before tax (LBT) of N87.52 billion from […]
Nestle Nig. Plc Records LAT in Q3-16 on Higher Effective Tax
October 31, 2016/Cordros Research NESTLE released results for nine months and third quarter ended September 2016. The key features of the third quarter result are (1) 16.6% y/y and 10.7% q/q revenue growth; (2) significant y/y gross margin contraction; (3) net forex loss; and (4) a LAT of N5.1 billion, […]
