Company Review

Mobil Oil loses revenue, ends profit decline

Mobil Oil Nigeria continued to record an unstable pattern of earnings performance in 2013. In the preceding two years, the oil marketing major grew revenue ...

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Dangote Cement grows earnings, lowers cost to grow profit

Dangote Cement achieved an accelerated growth in profit in 2013 with profit for the year growing more than twice as fast as in the preceding ...

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Skye Bank fails to grow revenue, lowers cost to grow profit

Skye Bank could not improve its gross earnings in 2013 but it raised profit reasonably in the year through cost saving in three major expense ...

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Stanbic Bank: How profit doubled in a year of general slow down

Stanbic Bank employed revenue improvements and an all-round cost reduction in 2013 to achieve an outstanding growth in profit in a year of general earnings ...

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Access Bank: profit falls on flat revenue, rising cost

Access Bank’s growing trend in revenue and profit was halted in 2013 and the bank could not hold back its principal costs from rising. That ...

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Diamond Bank rebuilds reserve, defends profit margin

A major accomplishment by Diamond Bank in 2013 is the rebuilding of its retained earnings account and therefore the reinforcement of its equity cushion. The ...

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FCMB maintains earnings growth despite slow down

First City Monument Bank maintained growth in revenue and profit in the 2013 financial year despite a slow down from the outstanding growth in the ...

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Lafarge Cement WAPCO gets anticipated big profit leap

Lafarge Cement WAPCO Nigeria is one of the few companies that achieved outstanding leap in profit in 2013. Our forecast based on the third quarter ...

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Zenith Bank: profit undermined by rising operating cost, taxation

Zenith Bank closed the 2013 operations with a lower net profit figure than it earned in 2012. Revenue failed to grow as rapidly as it ...

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Cutix maintains stable earnings growth

Cutix, an engineering technology firm, is maintaining stable growth in earnings in its current financial year. The company, which was groomed in the emerging market ...

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