Earnings

Twitter records 10% share price growth on improved earnings report

Share price of Twitter surged by more than 10 percent during Friday morning trading as a result of improved Q2…

BOI exceeds N1trn asset base — first time in history

The asset base of the Bank of Industry has exceeded N1 trillion, this is the first time in the history…

Equity trading performance spurs Goldman Sach’s quarterly growth

Goldman Sachs Group Inc reported a higher-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from higher…

Flour Mills Nigeria reduces net debt by 30% proposes N1.20 dividend

Flour Mills of Nigeria Plc (FMN), has announced a 30 percent reduction on its overall net debt. The announcement was…

SAHCO records N302m loss despite 23.2% revenue rise as assets climb to N23bn in 2018

Nigeria’s second largest aviation handler, Skyway Aviation Handling Company Plc (SAHCO) says it recorded a loss before tax of N302.1…

Solid earnings season not enough to avert market correction

Nobel Prize-winning economist Robert Shiller believes a strong earnings season may not be adequate to keep stocks out of the…

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