Results & Dividends

GTBank Says 2016 Nine Months Profit Up

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one lender, Guaranty Trust Bank Plc (GTBank) said on Wednesday its nine months profit for the period ended September 30, 2016 increased 59.6 percent to N119.9 billion from N75.2 billion recorded a year ago. Also, profit before tax (PBT) grew 53.0 percent to N140.8 billion […]

Guinness Nigeria Offer Investors Lower Dividend in 2016 Year End

October 17, 2016 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s foremost brewer, Guinness Nigeria Plc said on Monday proposed a lower dividend payout to shareholders of the company. Guinness offered its investors a 50 kobo per share in respect of year ended June 30, 2016 compared to N3.20 per share paid last year; […]

Forte Oil Says Nine-Months 2016 PAT Dips 34.7%

By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing firm, Forte Oil Plc on Thursday said its profit after tax (PAT) for the period ended September 30, 2016 declined 34.7 percent to N2.79 billion from N4.28 billion recorded a year ago. Profit before tax (PBT) of the company rose 6.5 percent to N5.63 billion […]