₦airaland Forum

angelo82:
FBN HOLDINGS PLC. REPORTS 4.9% RISE IN GROSS EARNINGS TO N505.2 BILLION FOR THE FULL YEAR ENDED 31 DECEMBER 2015

FBN Holdings Plc. (“FBNH” or “FBNHoldings” or the “Group”) today announces its audited results for the full year ended 31 December 2015.

Income Statement
Gross earnings of N505.2 billion, up 4.9% year-on-year (Dec 2014: N481.8 billion)
Net interest income of N265.0 billion, up 8.7% year-on-year (Dec 2014: N243.9 billion)
Non-interest income of N99.4 billion, down 12.0% year-on-year (Dec 2014: N112.99 billion)
Operating income of N364.4 billion, up 2.3% year-on-year (Dec 2014: N356.2 billion)
Impairment charge for credit losses of N119.3 billion (Dec 2014: N25.9 billion)
Operating expenses of N223.6 billion, down 5.6% year-on-year (Dec 2014: N236.8 billion)
Profit before tax of N21.5 billion, down 77.1% year-on-year (Dec 2014: N94.1 billion)
Profit after tax of N15.1 billion, down 82.0% year-on-year (Dec 2014: N84.0 billion)

Statement of Financial Position
Total assets of N4.2 trillion, down 4.1% year-on-year (Dec 2014: N4.3 trillion)
Customer deposits of N2.97 trillion, down 2.6% year-on-year (Dec 2014: N3.1 trillion)
Customer loans and advances (net) of N1.8 trillion, down 16.6% year-on-year (Dec 2014: N2.2 trillion)

Key Ratios
Post-tax return on average equity of 2.7% (Dec 2014: 16.9%)
Post-tax return on average assets of 0.4% (Dec 2014: 2.0%)
Net interest margin of 8.1% (Dec 2014: 7.6%)
Cost to income ratio of 61.4% (Dec 2014: 66.5%)
NPL ratio of 18.1% (Dec 2014: 2.9%)
58.6% liquidity ratio (FirstBank (Nigeria)) (Dec 2014: 44.0%)
17.1% Basel 2 CAR (FirstBank (Nigeria)) (Dec 2014: 15.8%)
24.9% Basel 2 CAR (FBN Merchant Bank) (Dec 2014: 22.5%)

E no go better for Wale Tinubu and SeaWolf

Princkez:
FBNH.... 15k dividend

Upon all this waiting game.... Anyways, this one go do to buy engine oil

ehmmmmm...... Mercy, Happy Baff Day o. Na vacation make me no wish you when others dey wish you. Network no dey for Mambila Plateau so no vex say I dey wish you now biko.

Who is holding FBHN results

greenchisom:
I bought form Ebay Using Access Bank, they charged N305/USD
Too bad.

Ecobank charge N320.56

tunene66:
While I accept that we are in challenging times, the truth is that we still need foreign investment. If not why the frequent visits to foreign countries? If we dont need foreigners lets close the country and stop exporting oil. Lets insist that our oil be sold in Naira and do away with any foreign currency. When next The President goes abroad, let him insist that our loans will be paid in naira and not dollar

Look we are just postponing the evil day, devaluation is inevitable.

By the way the round tripping encouraged by the present forex policy is a form of corruption

By 2023 abi?

mercylicious:
fbn on 7.25%
any news?

Skelewu! Skelewu! Skelewu!

EDUECO:
Diamond Bank is probably a good example of banks that make huge profit but only declare a part of the profit ! They usually embezzle the profits by increasing their cost of doing business(there are corporate thieves everywhere).

No wonder it is mostly their staffs that can buy off properties in choice areas in Abuja with one-off payment.
Okezie and and family, shareholders are watching!

sallyopy:
yeah, I saw ur comment on strawberry in jos. Just want to know if you can help cos I need it in large quantity.

What exactly do you need? Strawberry Fruits or Seeds?

sallyopy:
how do u sell and ur location. inbox me Sallyopy @yahoo.com

Madam, I saw ur flash?. Anything?

Intendy:
stocks hitting new 52weeks low today
livestock feed #1.07,diamond bank #1.18,Skye bank0.92,fbnh #3.17,Nigeria German chemical #4.22,transcorp hotel #4.98 and larfage wapco #77

Chai, chai, Diamond Bank but why
Anyways, I dey @ 0.50k

cleavon:
Please also send me at amidiagbe@gmail.com
Thank and Godbless

9free....i need d info.... Orlard3@gmail.com

Sent. Check ur mails

orlard3:
BTW: I got some information on watermelon farming from IITA in PDF format. Send me PM if interested.


9free....i need d info.... Orlard3@gmail.com

OK.

Born2berich:
The current price of UBA is N3.60
N3.60 X 10,000 units= N36,000 value

Bros, if somebody quench here, we go hold you responsible o

arduino:
We having been receiving calls from clients most especially from 300 and 400 Level students of Faculties of Engineering and Natural Sciences in various higher institutions across the nation asking us for software to use to enable them come up with professional and "wowing" Arduino Projects...
We recommend the following:

1. Arduino IDE {Native Arduino IDE}
2. Processing IDE {Enables graphic manipulations of Arduino Serial Data}
3. Atmel Studio 6.5 + Visual Micro Addon {I personally prefer this Combo than the Native Arduino IDE because it offers syntax highlighting, syntax suggestion/guessing and easy debugging}
4. Python 2.7 Series + PySerial 2.7 + Vpython {Enables Arduino communication (using Serial Data)with 3D Displays and Animation on Virtual Worlds}
5. Fritzing {Create clean and professional images of all your Arduino and other Electronics Circuit Projects, you can even start the development of your Circuit on PCB from here!}
These Software and Libraries are open source and available for free downloads on the internet

I think that does it for this session....

Remember, For all your Microcontrollers/Arduino components Sensors and Shields buy from us on konga @ konga.com/faithtechnologies.

Fast Nationwide Nationwide delivery Guaranteed.

Mr. Arduino, Thank you oooo. Got all my orders with free male-male and male-Female jumper cables.
I Recommend this guy.

IHelp:
The bolded part has never been a good investment decision.
Never put all your eggs in one basket.
#JustConcerned
#WetinIKnowSef

Can you say that to someone that entered Tigerbrand @N0.9 -N1.00 ??

feelamong:
hahaha!! na for this kind JIJO dey pain!

I hope you did put the money into Tiger sha?

I don bid tire for Tiger and up till now even a tesere unit I no get...

Sold Flourmill yesterday after waiting for good price appreciation for 3months without show.
See how the stock is moving this morning......

OANDO oooooo!!!! Who send me to half my portfolio 5weeks ago

mercylicious:
U no sabi jack Bauer. E don tey wey e wan add car to his fleets. He was considering highlander and Lexus 330 the last time I checked. Maybe stock MKT has helped him seal d deal.

If u think I lie, check autos section.

Am still praying for my rav 4 . hehee

I dey also pray for you because I know say once the Rav4 come, you go bless me with your current Corolla @ 350K
I hail you

locodemy:
Its like some insiders don see how oando result looks like.maybe debts reducing drastically.i wonder what is taking the price up like say tomorrow no dey.

Bros, abeg no talk till the stock don reach N8.00 biko

Who dey load Fidelity? Mercy, na you?

feelamong:
Nne... just dump on us.. no wahala.. but make sure ur ass too follow for the dumping o!

The voice of Blessed Oracle of SMN "the hammerer"

feelamong:
Take Profit?? e don reach 100%??

no be 100% returns Investors in Tiger bands dey talk about now?

\

TIGERBRAND
FCMB
OANDO

Where I been dey when people dey buy at lowest of lows

Pesuzok:
Tigerbrand on full bid

Chai..... Dangote don turn some people to millionnaires in matter of days!!!!
How I take miss this one

bigjay01:
approaching 100% and counting.

Technical analysis I no sabi
Fundamental analysis I no sabi
Aliko analysis, eheee I sabi am well well

The writing on the wall was very clear!

My fear now be say I fit enter now, and all men go decide to dump on me......
sharing from skyebank experience

ufotty2001:
House will uba get to N5 if results is out.. ?

Jamb question

Manonamission:
But you have seen that level of hype on a stock before, right? Na them them. Thank me later.

Oj. I dey watch

FCMB don suffer.......I never see this level of critique before here o

zendi:
I left the market feeling sorry for the 'fool' that sold his fcmb to me at 0.68,
only to see a man shouting on the phone along the Mariner that he was able to dump his fcmb on one 'mugu' at 0.68.

Chai........Una no go kill me here oohh

tziz:
Please what's GTbank's dollar rate today?

Ecobank N320.4/$

currentprice:
banking invisible wahaala don tire me... staying out of banking till report out,,,,planing to buy dangote sugar or CCNN but the later look too illiquid for my type

9free what do you see to the dangote sugar

My brother, I have been fasting and praying it come down to N3.00 but to no avail. Right now am willing to shell out N4.0 if it can come down to that level. I don wait tire.

Carshopper:
U stay in ph?

Boookiemart na Jos babe na, I just dey guess o