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UBA’s New York branch fined $15million for breaking money laundering rules.
R.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
NIGERIAN 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
CCNN (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
UNILEVER 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
STACO 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 07 N757.982b, 06 N491.462m PROPOSED DIVIDEND 12K
LAFARGE 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 IMPACTED BY INCREASED COST OF SALES AS A RESULT OF THE USE OF IMPORTED CLINKER.THE IMPORTED CLINKER BECAME [...]
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)
ECOBANK 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
Here are different reports, reviews and analysis of the NSE by FSDH, Meristem, and Zenith for the week that just ended. FSDH Zenith Meristem
Zenith 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 [...]
You 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 [...]
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