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Access Bank Plc Records Strong Double Digit Revenue Growth in Q1 2017

Culled—Proshare 27/4/2017/FBNQuest Research Event: Access Bank reports Q1 2017 results Implications: Consensus earnings estimates likely to move up Positives: Strongly double-digit revenue growth Negatives: No obvious negatives Access Bank’s Q1 2017 results… Read more »

Total Oil Nigeria Plc 2016 Review: Performance of Major Oil Importer Impressive Despite Economic Headwinds…

April 27, 2017/Cowry Asset Research In 2016, Total Oil Nigeria Plc recorded an impressive year-on-year financial performance, beating industry peers despite economic headwinds – an economic recession, scarce foreign exchange… Read more »

Guinness Nigeria records 29% growth in revenue in Q3

April 27, 2017/Guinness Nigeria Plc Guinness Nigeria Plc, the nation’s leading alcoholic beverage manufacturer and a subsidiary of Diageo Plc, has released its unaudited results for the nine months ended… Read more »

Guinness Nigeria Plc | First Glance: Q3-17; Investors Unmoved By Marked Improvement in PAT

April 27, 2017/Cordros Report Click here to download full PDF Report Late yesterday, GUINNESS released Q3-17 results, and surprised with a record gross margin (54.71%) recovery that was by far… Read more »

FBNH Reports Gross Earnings of N581.8 Billion, up 15.7% Year-on-Year

April 27, 2017/FBN Holdings Plc FOR THE FULL YEAR ENDED 31 DECEMBER 2016 FBN Holdings Plc. (“FBNH” or “FBNHoldings” or the “Group”) today announces its audited results for the full… Read more »

GTBANK | First Glance: Impressive Start to the Year; Management Guidance on Course

April 27, 2017/Cordros Research Click here to download full PDF Report Guaranty Trust Bank Plc (GUARANTY) yesterday released Q1-2017 results, wherein gross earnings surged 40.01% y/y, driven by increases in… Read more »

NSE, London Stock Exchange Group Renew Capital Market Agreement

April 27, 2017/NSE The Nigerian Stock Exchange (NSE) and London Stock Exchange Group (LSEG) are pleased to announce the renewal of their strategic capital markets partnership agreement at the NSE… Read more »

AfDB collaborations with London Stock Exchange Group hosts Inaugural Africa launch of ‘Companies to Inspire Africa 2017’ in Abidjan

April 28, 2017/AfDB The African Development Bank Group (AfDB) in collaboration with London Stock Exchange Group, hosted the inaugural African Launch of the ‘Companies to Inspire Africa 2017’ Report on… Read more »

QI 2017: Fidelity Bank Records Double Digits Growth in Earnings and Profits

April 28, 2017/Fidelity Bank Plc Top Nigerian lender, Fidelity Bank Plc recorded a solid financial performance in the first quarter of 2017, posting appreciable growth in profits and gross earnings… Read more »

Total Nigeria Reports Q1 2017 Results – Gross Margin Contracts to 11.2% YoY

Culled—Proshare APRIL 26, 2017/FBNQuest Research Event: Total Nigeria (Total) reports Q1 2017 results Implications: Cuts to consensus 2017E estimates expected Positives: Q4 sales of N80.5bn up 35% y/y and PBT up… Read more »