Flour Mills of Nigeria recorded a strong growth in its core business at the end of the second quarter but the reading of the bottom line has obscured the company’s
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Company Analysis
Huge foreign exchange losses have changed the earnings story of Nestle Nigeria from a promising stable growth shown in the first quarter to just one step away from a loss.
Mobil Oil Nigeria is rebuilding earnings in the 2016 financial year and the oil marketing company looks good to establish new peaks in both revenue and profit at the end
UACN has raised hopes of rebuilding profit in 2016 with its third quarter earnings report that shows over 42% advance in profit. The conglomerate had suffered a 50% drop in
Unilever Nigeria’s strong turnaround move has slowed down further and the prospects for a major profit rebound at full year
First City Monument Bank’s breakout growth in profit in the second quarter failed to be sustained in the third and
Unexpected foreign exchange losses of about N18.5 billion caused a 425% upsurge in finance expenses for Transcorp at the end
FBN Holdings looks promising to close the 2016 financial year with a better earnings story than it reported last year.
Seven Up Bottling Company has experienced high growth in earnings and consistent gains in market share until last year when
Dangote Flour Mills has come a long way from the peak of five years of running losses to a comfortable
