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NSE Close Positive as Benchmark Index Gain +0.08%, +0.72% Week-to-Date

March 2, 2018/InvestmentOne Report The Nigerian equities market closed the last trading session of the week with a marginal gain as ASI advanced by +0.08% today and +0.72% WTD. However,… Read more »

Oando Says Will Delay in Release of 2017 Full Year Results

March 2, 2018/NSE This is to inform our valued shareholders and key stakeholders that there will be a delay in the release of Oando PLC’s (the Company) financial results for… Read more »

Groupe PSA Says Revenue Growth Up 20.7% to €65.2 Billion, Offer Investors €0.53 Per Share Dividend in 2017 End

March 1, 2018/AETOSWIRE By InvestAdvocate Lagos (INVESTADVOCATE)-Groupe PSA, French multinational manufacturer of automobiles and motorcycles said Thursday that its revenue for 2017 financial year end (FYE) grew 20.7 percent to… Read more »

Seplat Plc FY 2017 – Earnings Braced by Tax Credit

Culled—Proshare February 28, 2018/ARM Research  Earnings braced by Tax Credit Seplat Petroleum Development Company Plc. (SEPLAT) reported its full-year 2017 result this morning. In contrast to prior year masked by… Read more »

SEPLAT Reports Q4 2017 Results; Records Strong Recovery in Profitability

Culled—Proshare February 28, 2018/FBNQuest Research    Event: Seplat Petroleum Development Company reports Q4 2017 results Implications: Upward revisions to consensus 2018 PBT forecast likely Positives: Strong recovery in profitability. Q4… Read more »

Seplat Petroleum Development Company Plc FY 2017, Financial Result Update

February 28, 2018/Cowry Asset Kindly Click here to download the FY 2017 Financial Result Update of Seplat Plc

Total Nigeria Plc – Fairly resilient earnings for a tough FY”17

Culled—Proshare 27/2/2018/Vetiva  EPS slumps y/y but still ahead of estimate Final dividend of ₦14.00/share takes total dividend to ₦17.00/share Full liberalization remains biggest upside to earnings FY’18 earnings to normalize,… Read more »

Intraday Update: Benchmark Index Down -0.08% on Sell-Offs in Banking Counters

February 28, 2018/InvestmentOne Report ASI as at 12.00pm: -0.08%.  Market movers: AFRINSURE (-5.00%), FTNCOCOA (-4.76%), CCNN (+8.79%), JAPAULOIL (+8.00%). Sector Performances: Banking (-0.33%), Industrial (+0.29%), Consumer Goods (+0.03%), Oil &… Read more »

SEPLAT Reports N13.45 Billion Pretax Profit in 2017 FYE

By InvestAdvocate Lagos (INVESTADVOCATE)- First dual listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc on Wednesday reported a pretax profit 126 percent to N13.45 billion in… Read more »

CBN Amends Dividend Pay-Out Policy For Banks

Culled—Proshare February 23, 2018/FDC  Prior to this guideline, most banks adopted an aggressive dividend policy, partly to shore up their share price and secondly to splash cash to shareholders. Consequently,… Read more »