Author: Kingsley Ighomwenghian

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Singapore’s Olam Offers N12.99bn For Outstanding Shares of Dangote Flour Mills

Singapore’s Olam Offers N12.99bn For Outstanding Shares of Dangote Flour Mills

Barely seven years after it first divested its stake in Dangote Flour Mills Plc in 2012 to South Africa’s Tiger Brands Consumer Goods, Dangote Industr...
Shareholders Express Worry Over Regulator Induced Operating Costs Among Nigerian Banks

Shareholders Express Worry Over Regulator Induced Operating Costs Among Nigerian Banks

UBA Assures Shareholders Of Juicier Dividend Payout Nigerian shareholders, on Tuesday, lamented the rising operating costs among banks in the count...
United Capital 2019Q1 Profit Slips By 48.63%, As Revenue Underperforms

United Capital 2019Q1 Profit Slips By 48.63%, As Revenue Underperforms

Investment banking giant- United Capital, last week presented its score-card for the first quarter ended March 31, 2019, suggesting that the revenue w...
NAHCo Profit Slips 74.6% On Rising Costs, Tax, Offers N0.25 Dividend

NAHCo Profit Slips 74.6% On Rising Costs, Tax, Offers N0.25 Dividend

Directors of the Nigerian Aviation Handling Company (NAHCo), last week presented its delayed audited financials for the year ended December 31, 2018, ...
Expect Volatility, Mixed Performance On Continued Profit Booking From Rally

Expect Volatility, Mixed Performance On Continued Profit Booking From Rally

Market Update for the week ended April 18 and Outlook for April 23-26 The Nigerian Stock Exchange (NSE) in the past week had a positive outing, halti...
20 More Winners Emerge In UBA Wise Savers Promo

20 More Winners Emerge In UBA Wise Savers Promo

Another 20 winners went home with N30m, at N1.5m each in the second quarterly draw of the United Bank for Africa (UBA) Wise Savers Promo on Thursday, ...
SEC Nigeria: As ICPC Prepares To Appeal Acquittal Of Gwarzo

SEC Nigeria: As ICPC Prepares To Appeal Acquittal Of Gwarzo

Justice Husseini Baba Yusuf of the Federal Capital Territory (FCT) High Court, on Wednesday, April 16, 2019, discharged and acquitted Mounir Gwarzo an...
GTBank Sustains Tempo, With N49.3bn 2019Q1 Earning On Recoveries

GTBank Sustains Tempo, With N49.3bn 2019Q1 Earning On Recoveries

Company: Guaranty Trust Bank Plc Rating: Hold Current Market Price: N34.80 NPL RATIO: 7.03% Year High: N39.15 Year Low: N30.90 Fair Value: N40.5...
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