March 29, 2018/NSE This is to notify shareholders of Unity Bank Plc and other stakeholders of the Bank that Unity Bank Plc has reviewed the various publications in some media touching the purported investment of $1,000,000,000.00 in Unity Bank Plc by Milost Global Inc. and wish to elaborate as follows. […]
Investors Bite
Forte Oil Says 2017 Post-Tax Profit up 323% to N12.22 Billion
March 28, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketer, Forte Oil Plc on Thursdaysaid its post-tax profit for the period ended December 31, 2017 grew 323 percent to N12.22 billion from N2.89 billion posted a year ago Pretax profit of the company also increased 99 percent to N10.62 billion from N5.32 […]
Dangote Cement – Weaker Growth, Higher Valuation, Turning Cautious!
Culled—Proshare March 29, 2018/By ARM Research DANGCEM posted another impressive performance to over-shadow the historic feat achieved in 2016. Much of the strong performance mirrored margin improvement in Nigerian operations, a reflection of price-induced revenue growth as well as cost-effective energy mix. Also, non-Nigerian operations recorded volume growth on the […]
