July 29, 2016/NSE Kindly be informed that our Head, Investor Relations, Mrs. Oluyemi Lanre-Phillips has chosen to pursue other interests outside the Group. effective Wednesday 27th July, 2016 Oluyemi was appointed the pioneer Head, Investor Relations, three years ago following the establishment of FBN Holdings Plc. She handled the responsibility […]
Updates
International Energy Insurance Suspends Disposal of Assets on NAICOM’s Directive
July 29, 2016/NSE Sequel to an earlier proposal to the Nigerian stock Exchange over the intent to dispose of International Energy Insurance PLC’S Investment in IEI Anchor Pensions Limited, a decision necessitated by the operational guideline of the National Insurance Commission (NAICOM), which prohibits investment of greater than 25% of […]
Mobil Oil Nigeria Plc Records 80% Sales Growth YoY in Q2’16
Culled—Proshare July 29, 2016/FBNQuest Research Event: Mobil Oil Nigeria (Mobil) reports Q2 2016 results Implications: Upward revision to consensus 2016 estimates expected Positives: Q2 sales of N27.6bn up 80% y/y; PBT up 87% y/y to N3.8bn Negatives: No obvious negatives Late yesterday, Mobil reported Q2 2016 results which showed impressive growth […]
