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Company Analysis

Guinness Nigeria: Hard drive back into profit

    Guinness Nigeria: Hard drive back into profit

It was a hard drive for Guinness Nigeria pushing aggressively from a loss of N2.55 billion in the third quarter of last year to an after tax profit of N5.09

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Union Bank: Can recovery speed up this year?

    Union Bank: Can recovery speed up this year?

Union Bank of Nigeria is expected to strengthen its recovery and growth momentum this year, having beefed up its equity resources last year with new money from rights issue. Growth

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CCNN: Another year of doubling profit

    CCNN: Another year of doubling profit

Cement Company of Northern Nigeria (CCNN) raised after tax profit more than one and half times last year and the cement producing company is again maintaining the high speed growth

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ETI posts the biggest quarterly profit in two years

    ETI posts the biggest quarterly profit in two years

Ecobank Transnational Inc (ETI) closed its first quarter operations in March 2018 with the biggest quarterly profit in more than two years. With an after tax profit of N27.86 billion,

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Diamond Bank: Will loss grow or profit return?

    Diamond Bank: Will loss grow or profit return?

Diamond Bank’s three years of falling profit degenerated into a loss in 2017 and a clear direction is lacking so

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FBN Holdings: Can it sustain recovery?

    FBN Holdings: Can it sustain recovery?

FBN Holdings reversed a two-year drop in profit at the end 2017 and lifted profit by 233% to N40 billion

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FCMB: Defending profit under tight earnings

    FCMB: Defending profit under tight earnings

First City Monument Bank (FCMB) faced a tight earnings situation in the first quarter of the current financial year but

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Oando trims operations to build profit

    Oando trims operations to build profit

Oando’s resolve to discontinue some lines of operations has enabled the company to shape up to a profitable structure. Profit

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Stanbic IBTC: Recovery and growth accomplished

    Stanbic IBTC: Recovery and growth accomplished

Stanbic IBTC Bank has successfully picked its way up from a 47% drop in profit in 2015 and returned to

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Access Bank: Profit drops on loss of trading income, rising credit losses

    Access Bank: Profit drops on loss of trading income, rising credit losses

After three years of sustained profit improvements, Access Bank closed the 2017 operations with a profit drop, as loss on

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