Company Analysis: Much Ado about Seplat

  By TESLIM SHITA-BEY The oil and gas sector has had a bumpy since the beginning of 2017 with local oil major, Seplat, seeing its financials whipped raw by prior year liabilities despite rising revenues over the nine months (9M). The company in the last two years has moved from being distinctively bad to singularly terrible.  The company’s third More...

by Okey Onyenweaku | Published 2 weeks ago
By Felix OLOYEDE On Monday, October 23rd, 2017
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Zenith, GTB Q3 results set industry  trends, excite shareholders

By FELIX OLOYEDE Segun Agbaje, GTBank GMD and Peter Amangbo, Zenith MD The prospect of better returns for investors at the end of the year was further reinforced by the financial performance of Zenith Bank and Guarantee More...

By Felix OLOYEDE On Monday, October 23rd, 2017
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How UBA Defied gloom: Grows profits and stock value

By OKEY ONYENWEAKU Kennedy Uzoka, GMD UBA Sweeping past recession troubles, United Bank for Africa (UBA) has grown its third quarter (Q3) 2017 profit by 33.2 per cent, one of the strongest year-on-year earnings More...

By Felix OLOYEDE On Monday, October 23rd, 2017
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Shareholders  divided as Oando’s crisis  escalates

By OKEY ONYENWEAKU Wale Tinubu, MD, Oando Plc Shareholders of local oil marketing consortium, Oando Plc, have been struck by a double dose of trouble. The first signs of a snag started with minority shareholders More...

By Okey Onyenweaku On Monday, October 9th, 2017
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Patching up PZ

By TESLIMeslim SHITTA-BEY In the 1980’s and mid 1990’s PZ-Cussons was amongst the bluest of blue chip companies listed on the  (NSE), it was the cream on top of the conglomerate pie, but by the turn of the More...

By Vera Olubi On Monday, July 31st, 2017
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Earnings: FBNH battles strong headwinds

Company Analysis FBNH fights to a hard come back…half year results show signs of progress TESLIM SHITTA-BEY Half year 2017 results for First Bank of Nigeria Holding Company (FBNH) show signs of corporate recovery. More...

By Vera Olubi On Wednesday, July 12th, 2017
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GT: The Super bank grows stronger

By TESLIM SHITTA-BEY Two gangly friends had an idea that was totally ridiculous. The concept was brash and downright audacious; they wanted to start a bank, a brand new bank that would take on older institutions More...