INFINITY TRUST MORTGAGE BANK PLC
Audited Financial Result for the Year Ended 31st December, 2016
Turnover: 14% increase from N755.9m to N861.8m
Profit after Tax: 5% increase from N232.1m to N242.9m (FY 2016 EPS, 4.82 kobo; FY 2015 EPS, 4.56 kobo)

Corporate Action
Proposed Dividend:     2016: 3 kobo (2015: 3 kobo)
Proposed Bonus:         Nil
Closure Date:              28th April, 2017
Payment Date:            10th May, 2017
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Unaudited Financial Result for the 3 Months Ended 31st March, 2017
Turnover: 28% increase from N160.3m to N205.8m
Profit after Tax: 36% increase from N42.8m to N58.2m (3M 2017 EPS, 1.40 kobo; 3M 2016 EPS, 1.03 kobo)
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JAIZ BANK PLC – Audited Financial Result for the Year Ended 31st December, 2016
Total Income: 14% increase from N4.3bn to N4.9bn
Profit after Tax: 66% decrease from N910.2m to N311.3m (FY 2016 EPS, 2 kobo; FY 2015 EPS, 7 kobo)
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THE INITIATES PLC – Audited Financial Result for the Year Ended 31st December, 2016
Revenue: 87% increase from N345.8m to N648.1m
Profit after Tax: 272% increase from N37.2m to N138.1m (FY 2016 EPS, 16 kobo; FY 2015 EPS, 4 kobo)
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McNICHOLS CONSOLIDATED PLC – Audited Financial Result for the Year Ended 31st December, 2016
Turnover: 8% increase from N1.01bn to N1.09bn
Profit after Tax: 4% decrease from N80.3m to N57.8m
Total Comprehensive Income: 14% increase from N49.3m to N55.9m (FY 2016 EPS, 17.12 kobo; FY 2015 EPS, 16.59 kobo)

Corporate Action
Proposed Dividend:     2016: 3 kobo (2015: 5 kobo)
Proposed Bonus:         2016: Nil (2015: 1 for 10)
Closure Date:              25th August, 2017
Payment Date:            10th October, 2017
AGM Date:                  28th September, 2017
AGM Venue:                To be Announced
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DIAMOND BANK PLC – Delay in Filing 2016 Accounts
Diamond Bank Plc. has announced that due to the stage of review of its accounts by the Central Bank of Nigeria (CBN), the release of its 2016 Audited Accounts would be delayed to a date not later than 30th April, 2017.
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MEDVIEW AIRLINES PLC – Audited Financial Result for the Year Ended 31st December, 2016
Gross Revenue: 84% increase from N14.1bn to N26bn
Profit after Tax: 6% increase from N728.5m to N772.9m (FY 2016 EPS, 7.93 kobo; FY 2015 EPS, 9.34 kobo)
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SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC
Audited Financial Result for the Year Ended 31st December, 2016
Revenue: 44% decrease from N113bn to N63.4bn
Loss after Tax: N45.4bn (2015: N13bn profit) (FY 2016 EPS, -N79.73; FY 2015 EPS, N23.94)

Corporate Action
Proposed Dividend:     2016: Nil (2015: $0.04 per share)
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Retirement of Director
Seplat has announced the retirement of its Chief Operating Officer and Executive Director, Mr. Stuart Connal, with effect from 30th March, 2017 upon attaining the age of 60. He worked with the Company for 7 years.
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ECOBANK TRANSNATIONAL INCORPORATED (ETI) – Delay in Filing 2016 Accounts
ETI also announced that due to a delay in the approval of the accounts of its Nigerian subsidiary, Ecobank Nigeria, by the CBN, the release of its 2016 Audited Accounts will be delayed.
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OMOLUABI MORTGAGE BANK PLC – Audited Financial Result for the Year Ended 31st December, 2016
Turnover: 42% increase from N214.2m to N304.9m
Profit after Tax: N70.9m (2015: N168m loss) (FY 2016 EPS, 1.35 kobo; FY 2015 EPS, -3.36 kobo)
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LEARN AFRICA PLC – Audited Financial Result for the Year Ended 31st December, 2016
Revenue: 7% increase from N1.9bn to N2bn
Profit after Tax: N237.2m (2015: N643.4m loss) (FY 2016 EPS, 31 kobo; FY 2015 EPS, -83 kobo)

Corporate Action
Proposed Dividend:     2016: 10 kobo (2015: Nil)
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REGENCY ALLIANCE PLC – Audited Financial Result for the Year Ended 31st December, 2016
Gross Premium Income: 30% increase from N4.1bn to N5.3bn
Profit after Tax: 64% increase from N373.1m to N611.2m (FY 2016 EPS, 9.17 kobo; FY 2015 EPS, 5.59 kobo)

Corporate Action
Proposed Dividend:     2016: 3 kobo (2015: 3 kobo)
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RAK UNITY PETROLEUM COMPANY PLC – Financial Result for the Period (9 Months) Ended 31st December, 2016 (Comparative Figures: 12 Months Ended 31st March, 2016)
Revenue: 24% increase from N6.7bn to N8.3bn
Profit after Tax: 21% decrease from N53.3m to N42.1m (Dec. 2016 EPS, 74 kobo; Mar. 2016 EPS, 94 kobo)

Corporate Action
Proposed Dividend:     10 kobo
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WEMA BANK PLC – Audited Financial Result for the Year Ended 31st December, 2016
Gross Earnings: 18% increase from N45.8bn to N53.8bn
Profit after Tax: 14% increase from N2.3bn to N2.6bn (FY 2016 EPS, 7 kobo; FY 2015 EPS, 6 kobo)

Corporate Action
AGM Date:                  10th May, 2017 @ 11am
AGM Venue:                Banquet Hall, Civic Centre, Ozumba Mbadiwe, VI, Lagos
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BOC GASES NIGERIA PLC – Audited Financial Result for the Year Ended 31st December, 2016
Revenue: 0.19% decrease from N1.988bn to N1.984bn
Profit after Tax: 37% decrease from N121.2m to N76.3m (FY 2016 EPS, 18 kobo; FY 2015 EPS, 29 kobo)

Corporate Action
Proposed Dividend:     2016: 5 kobo (2015: 5 kobo)
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NCR NIGERIA PLC – Audited Financial Result for the Year Ended 31st December, 2016
Revenue: 21% increase from N6.3bn to N7.1bn
Profit after Tax: 257% increase from N18.6m to N66.5m (FY 2016 EPS, 62 kobo; FY 2015 EPS, 17 kobo)
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NEM INSURANCE PLC – Audited Financial Result for the Year Ended 31st December, 2016
Gross Premium Income: 0.84% decrease from N10.7bn to N10.6bn
Profit after Tax: 155% increase from N713.7m to N1.8bn (FY 2016 EPS, 34 kobo; FY 2015 EPS, 14 kobo)

Corporate Action
Proposed Dividend:     2016: 8 kobo (2015: 6 kobo)
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ETERNA PLC – Audited Financial Result for the Year Ended 31st December, 2016
Revenue: 16% increase from N92.1bn to N106.9bn
Profit after Tax: 16% increase from N1.3bn to N1.5bn (FY 2016 EPS, 113 kobo; FY 2015 EPS, 98 kobo)

Corporate Action
Proposed Dividend:     2016: 30 kobo (2015: 25 kobo)
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