Category: Africa Newsroom

The Nigerian Stock Exchange X-Gen News Alert – Cadbury Nigeria Plc.

  • by NewsPR
  • 10 Hours ago
Company Name: Cadbury Nigeria Plc. (www.Cadbury.co.uk)Company Symbol: CADBURY [CADBURY]>> Company Report Cadbury Nigeria Plc Unaudited Financial Statements for the First Quarter Ended March 31, 2017 Revenue: March 2017 N8,071m March 2016 N7,7121m Profit before Tax: March 2017 N95m March 2016 N693m Taxation: March 2017 (N2m) March 2016 (N20) Profit after Tax: March 2017 N93m March […]

The Nigerian Stock Exchange X-Gen News Alert – N.E.M Insurance Co (Nig) Plc.

  • by NewsPR
  • 10 Hours ago
Company Name: N.E.M Insurance Co (Nig) Plc. (www.NEM-Insurance.com)Company Symbol: NEM [NEM]>> Company Report Market Summary NEM Insurance Plc First Quarter 2017 Returns as at 31st March 2017 2017 2016 N’000 N’000 Gross Premium 5,187,889 4,013,041Net Premium 1,717,146 2,529,749Profit Before Tax 715,456 2,711,958Tax (110,896) (420,353)After Tax 604,560 2,291,605 Distributed by APO on behalf of The Nigerian […]

The Nigerian Stock Exchange X-Gen News Alert – Lasaco Assurance Plc

  • by NewsPR
  • 14 Hours ago
Company Name: Lasaco Assurance Plc. (http://LasacoAssurance.com)Company Symbol: LASACO [LASACO]>> Company Report Lasaco Assurance Plc First Quarter Ended 31 March 2017 31-Mar-17 31-Mar-16 N’000 N’000 Gross premium “3,032,548” “2,765,322” Underwriting expenses “1,501,229” “431,528” Underwriting profit “246,807” “358,192” Profit before tax “162,935” “134,662” Income tax “(40,668)” “(18,690)” Profit after tax “122,267” “115,972” EPS 2k 2k DPS Nil […]

Datacentre investment leaders highlight Africa investment opportunity

  • by NewsPR
  • 16 Hours ago
Large scale datacentre investment opportunities are increasing in Sub-Saharan Africa as key commercial hubs benefit from the critical combination of high quality international backbone infrastructure (subsea cable) connectivity and mushrooming local demand for data, say investment leaders. Michael Tobin OBE, former chief executive of data center operator Telecity, who is a key speaker at the […]

Digital Economy to Create over 3m Jobs, as Nigeria, Others Discuss Road Map in Geneva

  • by NewsPR
  • 2 Days ago
It has emerged that financial services within Nigeria’s digital economy could add US$88 billion and create over 3 million new jobs over the next 10 years. This comes as Ministers from developing countries namely Nigeria, Mexico, Kenya, Argentina, Colombia, Sri Lanka, Uruguay, Chile, Costa Rica and Pakistan under the auspices of Friends of E-Commerce for […]

The Nigerian Stock Exchange X-Gen News Alert – Transnational Corporation of Nigeria Plc

  • by NewsPR
  • 2 Days ago
Company Name: Transnational Corporation of Nigeria Plc (www.TransCorpNigeria.com)Company Symbol: TRANSCORP [TRANSCORP]>> Company Report Transnational Corporation of Nigeria Plc Unaudited Group Financial Statement for the Period Ended 31 March, 2017 March 2017 March 2016 N’000 N’000 Turnover: 15,767,796 13,192,829Profit before tax: 1,734,708 1,729,935Income tax expense: (238,373) (524,124)Profit for the period: 1,496,335 1,205,811Earnings per share (K): 0.91 […]

The Nigerian Stock Exchange X-Gen News Alert – Diamond Bank Plc

  • by NewsPR
  • 2 Days ago
Company Name: Diamond Bank Plc (www.DiamondBank.com)Company Symbol: DIAMONDBNK [DIAMONDBNK]>> Company Report Diamond Bank Plc (Group) 31-Dec-16 Gross earnings: 31-12-16 N212.4b 31-12-15 N217.1bProfit before tax: 31-12-16 N5.0b 31-12-15 N7.1bTaxation: 31-12-16 (N1.5b) 31-12-15 (N1.3b)Profit after tax: 31-12-16 N3.5b 31-12-15 N5.7b Total assets: 31-12-16 N2,049.8b 31-12-15 N1,753.2bTotal liabilities: 31-12-16 N1,823.1b 31-12-15 N1,538.6bTotal equity: 31-12-16 N226.7b 31-12-15 N214.6b Corporate […]

The Nigerian Stock Exchange X-Gen News Alert – e-Tranzact International Plc

  • by NewsPR
  • 2 Days ago
Company Name: e-Tranzact International Plc (http://eTranzact.com)Company Symbol: ETRANZACT [ETRANZACT]>> Company Report eTranzact International Plc 31/03/2017 31/03/2016 N’000 N’000 Revenue 2,829,577 2,263,309Gross Profit 464,948 596,512Operating Profit 94,551 174,830 PBT 125,471 218,314 Taxation 40,151 69,861PAT 85,320 148,454 Distributed by APO on behalf of The Nigerian Stock Exchange Corporate News. X-Gen News Alert offers Corporate Disclosure Information from […]

Côte d’Ivoire joins the growing list of ATI’s new member countries

  • by NewsPR
  • 2 Days ago
The African Trade Insurance Agency (ATI) (www.ATI-ACA.org) announced today that Côte d’Ivoire has joined a growing list of African countries who are members of the institution. ATI is a multilateral investment insurer whose specialised investment and commercial risk insurance products are expected to help attract up to USD2 billion worth of inward investments and trade […]

The Nigerian Stock Exchange X-Gen News Alert – Stanbic IBTC Holdings Plc

  • by NewsPR
  • 2 Days ago
Company Name: Stanbic IBTC Holdings Plc (www.StanbicIBTC.com)Company Symbol: STANBIC [STANBIC]>> Company Report Stanbic IBTC Holdings Plc Unaudited Consolidated Interim Financial Statements for the Period Ended 31 March 2017 Mar 2017 Mar 2016 N’million N’million Gross Earnings: 47,022 34,780 Profit before Tax: 18,626 10,243Taxation: (2,552) (2,452) Profit for the Period: 16,074 7,791Earnings Per Share: (K) 155 […]
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