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Q3

RT Briscoe increases losses by 10 percent in Q3

Consolidated nine months financial statements for R.T Briscoe Nigeria Plc has shown that losses for the period has grown by 10 percent to N1.7 billion from N1.6 billion recorded in the corresponding period of previous year. The financial statements also showed that revenue for the period ended 30th September 2016, dropped by 13 percent to N8.3 […]

FCMB grows profit 600 percent in Q3

FCMB

FCMB Group has reported a profit after tax (PAT) of N12.98 billion for the nine month period ended 30 September 2016, representing an increase of 596 percent from N1.87 billion recorded in the corresponding period of 2015. The group which comprises First City Monument Bank (FCMB), FCMB Capital Markets, CSL Stockbrokers and CSL Trustees, attributed […]

Capital Oil increases loss by 99 percent in nine months

Management accounts for the nine month period ended 30th September 2016 of Capital Oil Plc has shown a 99 percent increase in loss after tax of N43.5 million from N21.9 million reported for the same period of 2015. The indigenous downstream oil major also reported a 28 percent decline in revenue that stood at N650.1 […]

Sterling Bank strengthens Core Business, improves Asset Quality in Q3

Sterling Bank Plc continued to build on the efficiency, quality and profitability of its core banking business as the latest earnings report released at the weekend showed considerable improvements in key underlying fundamentals of the commercial bank. The nine-month report for the third quarter ended September 30, 2016 released at the Nigerian Stock Exchange (NSE) […]

Unilever Nigeria increases post tax profit by 1,011 percent in Q3

poverty

Unilever Nigeria Plc results for the period ended 30th September 2016 released on the floor of the Nigerian Stock Exchange has shown Profit after tax  increased by 1,011 percent to N1.5 billion from N141 million reported in the corresponding period in 2015. Unilever’s revenue for the period stood at N49.87 billion, representing a 16.8 percent increase […]