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MARKET UPDATE
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Company Analysis

Conoil: Profit drops on loss of sales revenues

    Conoil: Profit drops on loss of sales revenues

Conoil’s earnings records in 2014 continued on the rise and fall pattern the company has followed in the past five years. The oil marketing company’s result for last year, which

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Guinness Nigeria: Profit falls for the third year running

    Guinness Nigeria: Profit falls for the third year running

Guinness Nigeria closed the 2015 financial year with a drop in profit for the third year running but a moderate gain in sales revenue. This is in line with our

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UBA may lift profit to a new high in 2015

    UBA may lift profit to a new high in 2015

United Bank for Africa (UBA) hasn’t been able to rebuild profit after dropping from the peak record in 2012 but this year is quite promising for the bank. Revenue growth

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Okomu Oil Palm may reverse sliding profit

    Okomu Oil Palm may reverse sliding profit

The Okomu Oil Palm Company has seen three years of sustained profit run down but the oil palm and rubber producing company looks likely to reverse the downslide this year.

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Can Julius Berger again speed up earnings in second half?

    Can Julius Berger again speed up earnings in second half?

Julius Berger is unable to match its previous year’s revenue and profit numbers at the end of the second quarter

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PZ Cussons loses profit for the second year on flat revenue

    PZ Cussons loses profit for the second year on flat revenue

PZ Cussons lost profit for the second year at the end of its 2015 financial year ended May. Despite a

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Another sharp profit drop likely for GlaxoSmithKline

    Another sharp profit drop likely for GlaxoSmithKline

GlaxoSmithKline Consumer Nigeria (GSK) is likely to record a more rapid drop in profit in 2015 than it reported in

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FCMB: Profit growth undermined by rising expenses

    FCMB: Profit growth undermined by rising expenses

First City Monument Bank (FCMB) isn’t likely to repeat the strong profit growth it achieved last year in 2015 due

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Seplat Petroleum faces another year of falling profit

    Seplat Petroleum faces another year of falling profit

Seplat Petroleum Development Company is likely to see its profit fall for a second year based on the performance reported

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FBN Holdings: Rising cost limits profit growth in Q2

    FBN Holdings: Rising cost limits profit growth in Q2

FBN Holdings recorded two major cost increases in the second quarter that limited its profit growth during the quarter. The

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