March 13, 2018/NSE This is to inform the public and our stakeholders that the Board of Directors of Oando PLC will be meeting to consider the 2017 Audited Financial Statements of Oando PLC on Tuesday, March 27, 2018. In compliance with the NSE Rule Book and the Amendments to the […]
Investors Bite
Seplat Says Successfully Refinanced $300 Million Revolving Credit Facility Due December 2018
March 13, 2018/NSE Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), a leading Nigerian indigenous oil and gas company listed on both the Nigeria Stock Exchange and London Stock Exchange, today announces that it has successfully refinanced its existing US$300 million revolving credit facility due December 2018 with a […]
Zenith Bank Plc – Strong Trading Gains Mask Huge Provisioning
Culled—Proshare March 31, 2018/Vetiva Research • Top and bottom line beats estimates, up 47% and 37% y/y respectively • Loan portfolio moderates 8% y/y, despite strong balance sheet growth • Liquidity ratio and CAR stand firm at 69% and 27% respectively • Management guide, IFRS 9 to shave ₦42 billion off shareholders’ fund Earnings […]
