April 6, 2017/Cordros Research Click here to download PDF Report In this update note on Unilever Nigeria Plc (UNILEVER), we make adjustments for (1) finance charges, on potential savings from the refinancing of expensive local short term debts with cheaper USD loans, (2) continued impact on the top line and […]
Investors Bite
Stocks Halt Three-Day Bearish Run on Blue-Chip Gains
April 5, 2017/InvestmentOne Research Please click to download the Market Report for Wednesday 5th April 2017 EQUITIES: Following the gains in WAPCO (+65pts) MOBIL (+34pts), GUARANTY (+28pts), OANDO (+19pts) and ZENITHBANK (+18pts), which offset the sell-off in ETI (-21pts) and PZ (-8pts), the equities market closed positive for the first trading session […]
UNITYBANK Says 2016 Pretax Profit Drops 22.5%
By InvestAdvocate Lagos (INVESTADVOCATE)-Mid tier lender, Unity Bank Plc said on Wednesday its pretax profit for the period ended December 31, 2016 dropped 22.5 percent to N1.82 billion from N2.34 billion posted a year ago. Also, profit after tax (PAT) of the mid-tier bank declined 53.4 percent to N2.18 billion […]
