By InvestAdvocate Lagos (INVESTADVOCATE)- First dual listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc on Thursday declared a loss after tax of N13 billion in its half-year (H1) period ended June 30, 2016 compared to N8.0 billion recorded a year ago. Similarly, Seplat reported a loss […]
Results & Dividends
Union Bank of Nigeria Says 2016 H1 Pretax Profit up 35%
By InvestAdvocate Lagos (INVESTADVOCATE)-Lender, Union Bank of Nigeria Plc (UBN) on Wednesday said its 2016 pretax profit for the first-half (HI) period ended June 30, 2016 climbed up 35 percent to N8.92 billion from N6.61 billion declared a year ago. Similarly, profit after tax (PAT) grew 35.7 percent to N8.76 […]
FBNH H1 2016 Pretax Profit Down 11.9%
July 26, 2016/InvestmentOne Research FBNH’s recently released results Q2 2016 were reflective of the depreciation of the local currency at the interbank market. This contributed to the significant spike in net gains on FX to N51.5bn in Q2 2016 against N1.4bn in Q1 2016. However, it also lead to the […]
