NATIONAL AVIATION HANDLING COMPANY PLC – Financial Result for the 6 Months Ended 30th June, 2017
Revenue: 2% decrease from N3.8bn to N3.7bn
Profit/(Loss) after Tax: 95% increase from N90.6m to N176.3m (6M 2017 EPS, 11 kobo; 6M 2016 EPS, 6 kobo)
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SKYE SHELTER FUND – Corporate Action for the Year Ended 31st December, 2016
Proposed Dividend:     N7.00
Closure Date:              15th September, 2017
Payment Date:            29th September, 2017
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TRANSNATIONAL CORPORATION OF NIGERIA PLC – Financial Result for the 6 Months Ended 30th June, 2017
Revenue: 40% increase from N24.8bn to N34.2bn
Profit/(Loss) after Tax: 134% increase from (N12.2bn) to N4.2bn (6M 2017 EPS, 3.87 kobo; 6M 2016 EPS, -16.56 kobo)
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TRANS-NATIONWIDE EXPRESS PLC – Financial Result for the 6 Months Ended 30th June, 2017
Revenue: 15% decrease from N421.9m to N356.6m
Profit/(Loss) after Tax: 87% decrease from N29m to N3.7m (6M 2017 EPS, 1.86 kobo; 6M 2016 EPS, 14.61 kobo)
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UNITED BANK FOR AFRICA PLC – FHC Judgement: Full Remittance of NNPC/NLNG Deposits
United Bank for Africa Plc. has announced that it had fully remitted all NNPC/NLNG dollar deposits in its possession since 24th August, 2016 to the Treasury Single Account at CBN. The Bank’s announcement was in response to the order of the Federal High Court directing 7 banks, including UBA, to temporarily remit $793,200,000 allegedly hidden by them to the CBN.
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UNITY BANK PLC – Board Changes
Unity Bank Plc. has announced its Board’s approval of the exit of 5 Non-Executive Directors from its Board of Directors, thereby reducing the size of the Board from 13 to 8 members.
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NEM INSURANCE PLC – Financial Result for the 6 Months Ended 30th June, 2017
Gross Premium Written: 38% increase from N5.9bn to N8.1bn
Profit/(Loss) after Tax: 11% increase from N1.1bn to N1.2bn (6M 2017 EPS, 23.6 kobo; 6M 2016 EPS, 21.3 kobo)
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