Saturday, May 4, 2024
MARKET UPDATE
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Company Analysis

FCMB’s full year outlook: 4 key factors to watch

    FCMB’s full year outlook: 4 key factors to watch

First City Monument Bank’s (FCMB) three-year profit rebuilding trend lost its momentum in the 2021 financial year. Four key factors will shape the bank’s full-year earnings performance depending on how

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Okomu Oil Palm: Expect most impressive result for 2021

    Okomu Oil Palm: Expect most impressive result for 2021

The Okomu Oil Palm Company Plc seems set to file one of its most impressive earning reports in many years from the 2021 operations. Despite a likely slowdown in the

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Unilever out of the red, expects first profit in 3 years

    Unilever out of the red, expects first profit in 3 years

Unilever Nigeria Plc has maintained the course of a turnaround from a loss of N1.5 billion in the same quarter last year to a profit of over N1 billion at

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Fidelity Bank’s loan impairment expenses drop in Q3

    Fidelity Bank’s loan impairment expenses drop in Q3

Fidelity Bank Plc suffered a drop of 21 percent in after tax profit quarter-on-quarter to N7.2 billion in the third quarter as surging cost of funds consumed earnings. That has

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Union Bank stabilises earnings with N13bn loan recoveries in Q3

    Union Bank stabilises earnings with N13bn loan recoveries in Q3

Union Bank of Nigeria Plc achieved reasonable stability in earnings performance at the end of the third quarter operations with

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Seplat Energy rebuilds profit with record gain in oil price

    Seplat Energy rebuilds profit with record gain in oil price

Seplat Energy has staged a turnaround so far this year from a full year loss of N31 billion in 2020

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Zenith Bank cuts cost of funds to defend profit in Q3

    Zenith Bank cuts cost of funds to defend profit in Q3

Zenith Bank Plc defied a generally rising cost of funds in the financial markets and cut interest expenses by close

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Nestle Nigeria hopeful for better 2nd half despite rising costs

    Nestle Nigeria hopeful for better 2nd half despite rising costs

Nestlé Nigeria Plc recorded substantial progress in earnings performance in the third quarter that has rekindled hopes for a better

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Loan recoveries set UBA on highest profit growth in years

    Loan recoveries set UBA on highest profit growth in years

United Bank for Africa Plc (UBA) grew after tax profit by close to 36 percent year-on-year at the end of

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Access Bank gets margin squeeze in Q3, still beats last year’s profit in 9 months

    Access Bank gets margin squeeze in Q3, still beats last year’s profit in 9 months

Access bank suffered a squeeze in profit margin in the third quarter but still beat the 2020 full year profit

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