Investors Bite

Lafarge Group Records Post-Tax Loss in Q3-18; Result Not Unexpected

October 17, 2018/Cordros Update LAFARGE just published September 2018 results, with a loss of NGN6.47 billion in Q3-18 and NGN10.37 billion loss in nine months. The loss in Q3-18 is not unexpected – the group has consistently reported loss after tax in Jul-Sep period since 2016 – as we had guided […]

UBA Shows Resilience as Gross Earnings hit N375 billion, with Group profit of N79 billion

October 17, 2018/UBA United Bank for Africa Plc, the pan African financial institution with presence in 20 African countries has announced its unaudited 2018 Third Quarter Financial Results, with impressive growth in Gross Earnings, which berthed at N374.8 billion, an 12.3 percent increase when compared to N333.9 billion recorded in […]