ASI NSE-30
Company Open Close Gain (N) % Change
HONEYWELL FLOUR MILL PLC 3.54 3.94 0.40 11.30
A. G. LEVENTIS (NIGERIA) PLC 1.43 1.58 0.15 10.49
FORTE OIL PLC 135.27 148.99 13.72 10.14
COURTVILLE INVESTMENTS PLC 0.61 0.67 0.06 9.84
UNIVERSITY PRESS PLC 3.70 4.05 0.35 9.46
R. T. BRISCOE (NIG.) PLC 1.10 1.20 0.10 9.09
IKEJA HOTEL PLC 0.57 0.61 0.04 7.02
ACCESS BANK OF NIGERIA PLC 7.78 8.26 0.48 6.17
CAP PLC 37.75 40.00 2.25 5.96
VITAFOAM NIGERIA PLC 4.00 4.20 0.20 5.00
For Further Inquiries Contact: Market Operations Department Page 4
WEEKLY REPORT
CORPORATE ACTION
COMPANY
CLOSURE
DATE
DIVIDEND BONUS
PAYMENT
DATE
AGM
DATE
EX-DIV
PRICE
UNITED BANK FOR AFRICA PLC 14/4/2014 N0.50 NIL 28/4/2014 25/4/2014 N6.90
STERLING BANK PLC 14/4/2014 N0.25 NIL 30/4/2014 30/4/2014 N2.37
UNILEVER NIGERIA PLC 14/4/2014 N1.25 NIL 16/5/2014 15/5/2014 N44.75
FIDELITY BANK PLC 14/4/2014 N0.14 NIL 2/5/2014 2/5/2014 N2.01
INFINITY TRUST MORT. BANK PLC 16/4/2014 N0.03 NIL 5/5/2014 29/4/2014 N1.61
COMPUTER WAREHOUSE GROUP PLC 17/4/2014 N0.08 NIL 19/6/2014 19/6/2014 N5.48
STANBIC IBTC HOLDINGS PLC 17/4/2014 N0.10 NIL NIL NIL N20.35
ACCESS BANK PLC 17/4/2014 N0.35 NIL 30/4/2014 30/4/2014 N7.87
MCNICHOLS CONSOLIDATED PLC 17/4/2014 N0.03 NIL 25/7/2014 17/7/2014 N1.34
DIAMOND BANK PLC 17/4/2014 N0.30 NIL 28/4/2014 28/4/2014 N5.90
NEW LISTING
A total of 543,284,130 ordinary shares of 50k each at N567.00 of Seplat Petroleum Development
Company Plc were admitted to trade at the Exchange on April 14th
2014.
FINANCIAL NEWS
AUDITED ACCOUNT
ASO SAVINGS & LOANS PLC: AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED
(NINE MONTHS) DEC 31, 2012-Gross Earnings Dec 2012 N10.158b March 2012 N10.739b
Profit/(Loss) After Tax: Dec 31 2012 (N117.143m) March 2012 (N370.766m).
UNAUDITED ACCOUNT
TRANSNATIONAL CORPORATION OF NIGERIA PLC: UNAUDITED FINANCIAL STATEMENTS
FOR THE QUARTER ENDED MARCH 31, 2014- Revenue: First Quarter March 31 2014 Group Company Open Close Loss (N) % Change
THE OKOMU OIL PALM COMPANY PLC 42.00 36.02 -5.98 -14.24
PFIZER PRODUCTS PLC 1.45 1.26 -0.19 -13.10
STERLING BANK PLC 2.62 2.40 -0.22 -8.40
FIDELITY BANK PLC 2.15 1.97 -0.18 -8.37
COSTAIN (WEST AFRICA) PLC 1.25 1.15 -0.10 -8.00
NPF MICRO FINANCE BANK PLC 0.95 0.88 -0.07 -7.37
CONOIL PLC 51.90 49.20 -2.70 -5.20
CUTIX PLC 2.00 1.90 -0.10 -5.00
ETERNA PLC 3.80 3.61 -0.19 -5.00
MRS OIL NIGERIA PLC 54.44 51.72 -2.72 -5.00
For Further Inquiries Contact: Market Operations Department Page 5
WEEKLY REPORT
N10536m First Quarter March 31 2013 Group N3549m. Profit After Tax First Quarter March 31 2014
Group N3153m First Quarter March 31 2013 Group N834m.
PZ CUSSONS NIGERIA PLC: UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED
01 MARCH, 2014- Revenue 2014 N52,594,454 2013 N51,543,173 Profit/Loss After Tax 2014
N3,866,552 2013 N2,901,124.
FORTE OIL PLC: UNAUDITED RESULTS AS AT MARCH 31 2014- (N’000) Turnover 14 N34, 780,980
13 N26, 602,833. Profit After Tax 14 N1, 102,661 13 N530, 596.
GUARANTY TRUST BANK: STATEMENT OF COMPREHENSIVE INCOME FOR THE PERIOD
ENDED 31 MARCH, 2014- N’000 Gross Earnings 2014 N67,577,440 2013 N63,863,766 Profit/loss After
Tax 2014 N23,110,452 2013 N22,556,251.
TRANS-NATIONWIDE EXPRESS PLC: PERIOD ENDED MARCH 31, 2014- N’000 Revenue 2014
N181,479 2013 N601,473 Profit After Tax 2014 N11,117 2013 (N34,391)
STANBIC IBTC HOLDINGS PLC: UNAUDITED CONSOLIDATED INTERIM FINANCIAL
STATEMENTS FOR THE FIRST QUARTER ENDED MARCH 31, 2014- N’million Gross Earnings 2014
N30,221 2013 N26,586 Profit for the Period 2014 N6,897 2013 N3,573.
FIDELITY BANK PLC: UNAUDITED FINANCIAL STATEMENTS FOR THE Q1 ENDED MARCH 31,
2014- Revenue/Gross Earnings: March 2014 N30.956b March 2013 N31.432b Profit After Tax: March
2014 N3.789b March 2013 N4.750b.
UNITED BANK FOR AFRICA PLC: UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR
THE QUARTER ENDED 31 MARCH 2014- N’millions Gross Earnings 2014 N68,079 2013 N62,942
Profit for the Period 2014 N12,587 2013 N15,563.
Please visit (http://www.nse.com.ng/Lists/Financial_News/AllItems.aspx) for full details of
Financial News.
OTHER MARKET NEWS
DANGOTE SUGAR REFINERY PLC: RESIGNATION OF THE CHIEF FINANCE OFFICER – MR.
SULEIMAN YUSUF-
Dangote Sugar Refinery Plc notified The Nigerian Stock Exchange of the resignation of its Chief Finance
Officer (CFO), Mr. Suleiman Yusuf.
Mr. Yusuf resigned from the services of the company on 31st
March 2014 and his resignation was
accepted by the Board of Directors at its meeting held on Friday, 11th
April 2014.
SKYE BANK PLC: Retirement and Appointment of Managing Director-
Skye Bank Plc notified The Nigerian Stock Exchange that its Board of Directors, at a meeting held on
Monday, April 14, 2014, approved the retirement of Mr. Kehinde Durosinmi-Etti, the Bank’s Group
Managing Director/Chief Executive Officer, to take effect from August 1, 2014.
For Further Inquiries Contact: Market Operations Department Page 6
WEEKLY REPORT
The Board at the same meeting, in line with its succession plan, appointed Mr. Timothy Oguntayo as the
new Managing Director/Chief Executive Officer of the Bank. Mrs. Amaka Onwughalu was also appointed
the Deputy Managing Director of the Bank, with effect from April 15, 2014.
Mr. Timothy Oguntayo is an alumnus of the Prestigious INSEAD, Fontainebleau in France and a Fellow
of the Chartered Institute of Bankers of Nigeria. He is also an Associate of the Institute of Chartered
Accountants of Nigeria and has over two decades of banking experience in Corporate Finance and
Investment Banking, Business Development, Credit and Marketing and Operations.
He was appointed to the Board of the Bank on August 18, 2009 and was the pioneer MD/CEO of Skye
Financial Services Limited (the investment banking arm of Skye Bank) before the Bank’s divestment
from the company in 2012. He also served on the Board of Skye Stockbrokers Limited and Law Union &
Rock Insurance Plc. Mr. Oguntayo is currently a Director on the Board of Kakawa Discount House
Limited.
Prior to this appointment, Mr. Timothy Oguntayo was the Bank’s Executive Director responsible for the
supervision of Corporate and Investment Banking Group, Commercial Banking in the South-West
Region and all the international banking subsidiaries of the Bank.
Mrs. Amaka Onwughalu
Mrs. Onwughalu, the newly appointed Deputy Managing Director, was appointed to the Board of the
Bank on November 30, 2008 as an Executive Director. She is an astute banking professional with over
25 years’ experience and expertise in Commercial Banking, Retail Banking, Treasury Management and
Banking operations amongst others. She rose to the position of Acting Managing Director of Reliance
Bank Limited in April 2005, prior to its merger with Skye Bank Plc in 2006.
Prior to this appointment, Mrs. Amaka Onwughalu was overseeing the Treasury Group, the International
Funding Group and the South East, Edo and Delta (SEED) Directorate, as well as the Lagos Markets.
Mrs. Onwughalu holds a Bachelor’s degree in Economics and a Master’s Degree in Corporate
Governance. She is also an alumnus of INSEAD, Fontainebleau in France and IMD Business School,
Lausanne, Switzerland. She has attended many local and foreign courses and seminars and is a
member of several professional bodies including the Chartered Institute of Bankers of Nigeria (CIBN),
Nigeria Institute of Management (NIM) and Institute of Directors (IoD).
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