Saturday, April 27, 2024
MARKET UPDATE
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Company Analysis

Zenith Bank: Expect a new profit high despite rising credit losses

    Zenith Bank: Expect a new profit high despite rising credit losses

Zenith Bank is headed for a new profit high at the end of 2015, sustaining a rebound it registered last year. The bank however has to contend with two major

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Ecobank: Exchange rate paints different earnings pictures

    Ecobank: Exchange rate paints different earnings pictures

Ecobank Transnational Inc (ETI) is not able to grow earnings in dollar terms so far this year and revenue and profit declined at the end of the third quarter. Local

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Union Bank: Free from credit losses, but cost of funds rising

    Union Bank: Free from credit losses, but cost of funds rising

Union Bank of Nigeria has succeeded in freeing its income statement from huge credit losses that ate up close to N130 billion of its revenue in the past five years.

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Diamond Bank: Rising credit losses hurt profit capacity

    Diamond Bank: Rising credit losses hurt profit capacity

Diamond Bank may report a drop in profit for the second year in 2015, as rising credit losses are claiming a significantly increasing share of gross earnings. With slowly growing

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FBN Holdings may post lowest profit in four years

    FBN Holdings may post lowest profit in four years

FBN Holdings is growing revenue and losing profit and the profit weakness may result in the lowest profit figure for

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7-Up weighed down by debt, slow sales

    7-Up weighed down by debt, slow sales

Seven Up Bottling Company has experienced high growth in earnings and consistent gains in market share until last year when

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Oando: Parade of losses against promised big profit

    Oando: Parade of losses against promised big profit

Oando gave investors a promise to close the 2014 operations with robust financials. This was after the management succeeded in

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Nestle Nigeria: Rising costs keep profit flat

    Nestle Nigeria: Rising costs keep profit flat

Nestle Nigeria faces the challenge of rising operating costs against inability to grow sales volume. The situation has hindered profit

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Flour Mills Nigeria: Windfall hides operating pressure

    Flour Mills Nigeria: Windfall hides operating pressure

Flour Mills Nigeria can easily be counted among the very few companies driving an exceptional earnings growth in the current

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Another strong year for Presco

    Another strong year for Presco

Presco Plc, the oil palm producing company, has maintained a strong earnings growth on which it started the current financial

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