Category Archives: news

EARNINGS ALERT – Friday, 20th October, 2017

DANGOTE CEMENT PLC released its unaudited Q3 2017 results with EPS of N11.30. Please find attached the full result of DANGOTE CEMENT PLC as released on the NSE and see key highlights below: Revenue up by 36.53% to N603.575bn in Q3 2017 from N442.09bn in 2016. Cost of sales was … Continue reading

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EARNINGS ALERT – Friday, 20th Oct, 2017

CCNN PLC released its unaudited Q3 2017 results with EPS of N1.62 (N0.57 in 2016). Please find attached the full result of CCNN PLC as released on the NSE and see key highlights below: The company achieved revenue of 13.62bn representing percentage increase of 47.66% (₦9.23bn in Q3 … Continue reading

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EARNINGS ALERT -Thursday, Oct 19, 2017

ZENITH BANK PLC recently released its unaudited Q3 2017 results with EPS of N4.11. Please find attached the full result of ZENITH BANK PLC as released on the NSE and see key highlights below: Gross earnings grew by 39.68% to N531.27bn in Q3 2017. Impairment loss increased significantly … Continue reading

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EARNINGS ALERT – Wednesday, October 18th , 2017

GUARANTY TRUST BANK PLC recently released its unaudited Q3 2017 results with EPS of N4.44. Please find attached the full result of GUARANTY TRUST BANK PLC as released on the NSE and see key highlights below: Gross earnings declined by 5.88% to N309.91bn in Q3 2017. Impairment loss on … Continue reading

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CLIENT UPDATE: NOTIFICATION OF SUSPENSION OF TRADING IN THE SHARES OF OANDO PLC

The Securities and Exchange Commission has directed The Nigerian Stock Exchange to suspend trading in the shares of Oando Plc as follows: 1. From today, 18 October 2017 to 20 October 2017, The Exchange should implement a full suspension in the … Continue reading

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September Headline Inflation declines further to 15.92%

The Consumer Price Index (CPI) which measures inflation increased by 15.98 percent (year-on-year) in September 2017. This was 0.03 percent points lower than the rate recorded in August (16.01) percent making it the eighth consecutive decline in the rate of … Continue reading

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MARKET UPDATE – Tuesday, 17 October, 2017

The Nigerian equity market closed today’s trading lower. The All Share Index (ASI) declined by 0.81% to close at 36,669.61 points while the market capitalization closed at N12.62 trillion. The market recorded 22 gainers and 21 losers. Fidelity bank (24.82mn) Zenith Bank (21.99mn) Guaranty Trust Bank (20.07mn) were the most actively traded stocks. … Continue reading

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EARNINGS ALERT – Monday, October 16th , 2017

UBA PLC recently released its unaudited Q3 2017 results with EPS of N1.74. Please find attached the full result of UBA PLC as released on the NSE and see key highlights below: Gross earnings grew by 25.75% to N333.91bn in Q3 2017. Net interest income improved by … Continue reading

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MARKET UPDATE – Monday, 16 October, 2017

The Nigerian equity market opened the week on a positive note. The All Share Index (ASI) appreciated by 0.33% to close at 36,970.81 points while the market capitalization closed at N12.72 trillion. The market recorded 24 gainers and 15 losers. Transcorp (30.99mn) UBA (25.47mn) Guaranty Trust Bank (23.31mn) were the most actively traded stocks. The … Continue reading

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EARNINGS ALERT – Monday, October 16, 2017

FORTE OIL PLC released its unaudited Q3 2017 results with EPS of N0.50. Please find attached the full result of FORTE OIL PLC as released on the NSE and see key highlights below: Revenue declined by 19.98% to N96.89bn in Q3 2017 from N121.08bn in Q3 2016. Cost of sales also decreased by … Continue reading

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