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UBA’s New York branch fined $15million for breaking money laundering rules.
In: Market Analysis| News| business
29 Apr 2008R.T BRISCOE (NIGERIA) PLC
1ST QUARTER RESULTS FOR THE PERIOD ENDED 31ST MARCH 2008
TURNOVER 08 N4.354b, 07 N3.836b
PBT 08 N267.551m, 07 N219.901m
TAXATION 08 (N85.616m) 07 (N70.368m)
PAT 08 N181.935m, 07 N149.533m
In: Market Analysis| News| business
29 Apr 2008NIGERIAN AVIATION HANDLING COMPANY PLC,
UNAUDITED ACCOUNTS FOR THE PERIOD ENDED 31ST MARCH 2008 TURNOVER 08 N1.218b, 07 852.742m
PBT 08 N306.715m, 07 N167.658m
TAXA 08 (N98.149m) 07 (N53.651m)
PAT 08 N208.566m, 07 N114.007m
In: Market Analysis| News| business
29 Apr 2008CCNN (Cement Company of Northern Nigeria)PLC
1ST QUARTER RESULTS FOR THE PERIOD ENDED 31ST MARCH 2008
GROSS REV 07 N2.535b 08 N2.191b
PRODUCTION COST 07 N1.799b, 08 N1.467b
GROSS PROFIT 07 N404.897m, 08 N446.351m
SALES/ADMIN COST 07 N324.512m, 08 N318.721m
NET P(Loss)AT 07 (N18.267m) 08 N135.321m
In: Market Analysis| News| business
29 Apr 2008UNILEVER NIGERIA PLC, RESULT FOR 3 MONTHS ENDED 31 MARCH 2008
TURNOVER 08 N9.690b, 07 N8.290b
PBT 08 N1.582b, 07 N441m
TAXATION 08 (N506m) 07 (N141m)
PAT 08 N1.076b, 07 N300m
In: Market Analysis| News| business
29 Apr 2008STACO INSURANCE PLC, AUDITED ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2007
TURNOVER 07 N2.813b, 06 N1.636b
PBT 07 N868.177m, 06 N546.905m
TAXATION 07 (N110.194m) 06 (N55.442m)
PAT [...]
In: Market Analysis| News| business
29 Apr 2008LAFARGE CEMENT WAPCO NIGERIA PLC, UNAUDITED FIRST QUARTER ENDED 31ST MARCH 2008
TURNOVER 08 N11.030b, 07 N9.525b
PBT 08 N2.290b, 07 N3.111b
TAXATION 08 (N344m) 07 (N467m)
PAT 08 N1.946b, 07 N2.644b
NOTE: OPERATING PROFIT WAS ADVERSLY [...]
INTERNATIONAL BREWERIES PLC, AUDITED ACCOUNT FOR THE YEAR ENDED DECEMBER 31ST 2007
TURNOVER 07 N561.668m, 06 N313.047m
EXCEPTIONAL ITEMS 07 (N91.296m) 06 (N143.010m)
LOSS/ BEFORE TAXATION 07 (N118.214m) 06(361.360m)
In: Market Analysis| News
29 Apr 2008ECOBANK NIGERIA PLC
AUDITED ACCOUNT ENDED DECEMBER 31, 2007
GROSS EARNINGS 07 N32.709b, 06 N17.258b
PBT 07 N10.096b, 06 N5.011b
TAXATION 07 (N2.646b) 06 (N1.453b)
PAT 07 N7.449b, 06 N3.558b
PRPOSED DIVIDEND /SHARE 24K
In: Market Analysis| business| financial advice| stock exchange
28 Apr 2008Here are different reports, reviews and analysis of the NSE by FSDH, Meristem, and Zenith for the week that just ended.
FSDH
Zenith
Meristem
In: Market Analysis| News
28 Apr 2008Zenith Bank to lauch 3 mutual funds – Zenith Equity Fund, Zenith Income Fund and Zenith Ethical Fund.
They will be joining other banks such as IBTC, ARM, and Oceanic Banks in the mutual fund business.
My main issue with these mutual funds is that there is little information on their performance, price history and costs.
In: Market Analysis
28 Apr 2008You can review the FSDH weekly market review here .
They had an interesting article on whether the banks were making too much profit. My personal opinion is that they do. They are declaring some very ridiculous profits these days and it is hard to justify how they are making these huge sums.
They reviewed a speech [...]
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