Sunday, April 28, 2024
MARKET UPDATE
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Company Analysis

Diamond Bank: Turning around or running down?

Diamond Bank’s bottom line position at the end of the first quarter presents mixed signals of recovery as well as a possible further downward run. Its profit for the three

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Okomu Oil Palm: Another year of strong earnings growth

    Okomu Oil Palm: Another year of strong earnings growth

Okomu Oil Palm, the oil palm and rubber producing company is showing a strong growth in earnings for the second year, sustaining a recovery move it made last year after

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FBN Holdings: Still under earnings pressure

    FBN Holdings: Still under earnings pressure

FBN Holdings is still facing the value eroding forces that caused a big profit slash in 2015. Its first quarter report shows that credit losses have continued to multiply as

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Guinness Nigeria: Q3 loss eats up profit

    Guinness Nigeria: Q3 loss eats up profit

Guinness Nigeria’s profit slump in the second quarter extended into a loss in the third, erasing part of the second quarter profit close. The brewing company had suffered a 65.5%

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FCMB’s profit crash: Cost of funds, credit losses get the blame

    FCMB’s profit crash: Cost of funds, credit losses get the blame

First City Monument Bank’s three-year recovery trend was broken in 2015 and the bank ended the financial year with profit

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UBA raises profit to a new high

    UBA raises profit to a new high

United Bank for Africa showed a new strength in profit performance in 2015, raising profit to a new high after

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Access Bank lifts revenue with forex, investment incomes

    Access Bank lifts revenue with forex, investment incomes

Access Bank recorded a strong growth in earnings in its 2015 operations with two major income lines driving the growth.

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Union Bank: A big mountain still ahead

    Union Bank: A big mountain still ahead

Union Bank suffered major drops in revenue and profit in 2015, events which garnered no muscle to scratch the big

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Nestle Nigeria: Profit creeps up on stable revenue growth

    Nestle Nigeria: Profit creeps up on stable revenue growth

Nestle Nigeria’s after tax profit crept upward 6.7% in 2015 to a new high, recovering from a slip in the

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Seplat Petroleum: Another high speed drop in profit

    Seplat Petroleum: Another high speed drop in profit

Seplat Petroleum Development Company continued to lose profit at galloping speed in the 2015 operations. The company’s full year result

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