Culled—Proshare August 25, 2016/FBNQuest Research Maintaining Neutral rating despite increases to our EPS forecasts Dangote Cement’s (DangCem’s) Q2 2016 PAT beat our forecast by a considerable margin and grew strongly (+132% y/y). However, the results were mainly driven by fx gains. Excluding the gains, the underlying results were weak. As […]
Updates
UBA Sustains Strong Asset Quality, Profitability, Proposes 20 Kobo Interim Dividend
August 25, 2016/UBA United Bank for Africa Plc (“UBA” or “the Bank”), announced its Audited 2016 Half Year Financial Results for the period ended 30 June 2016 showing the bank recorded gross earnings of N166 billion, net operating income of N109 billion and profit before tax of N40 billion. The […]
Four World Bank Officials Drown In Ekiti Dam
Culled—The Will August 25, 2016/NAN Four World Bank officials had been drowned at Egbe Dam in Egbe Ekiti, Gbonyin Local Government Area of Ekiti State, the News Agency of Nigeria (NAN) reports. Mrs Folasade Akinrinmola, the chairman of the council and the state police command confirmed this development to newsmen […]
