S/N

Company

2006

2007

2008

2009

2010

2011

2012

2013

2014

Mean

STD

CoV

1

Access

R%

0.12

−1.0

−2.3

1.43

0.22

0.60

−1.5

0.06

0.66

−0.3

0.9

−2.9

2

Dangote Cement

R%

−0.65

−0.13

-

-

-

-

-

-

-

−0.23

38.2

−1.64

3

Ecobank

R%

0.48

0.44

0.21

−2.34

0.83

1.32

0.79

−3.19

0.19

−0.74

2.14

−2.91

4

FCMB

R%

0.03

0.23

−3.53

0.72

−0.22

−0.02

0.45

0.21

−0.02

0.21

0.24

1.12

5

F.Bank

R%

−0.29

−0.02

−0.30

0.55

0.40

0.03

0.40

−0.88

0.03

−0.08

0.54

−6.60

6

Flour. Mls

R%

−0.46

−1.56

−0.26

0.82

0.11

−0.86

0.06

0.09

−0.34

−0.09

0.21

−2.37

7

GTB

R%

−0.08

−0.39

−o.87

0.80

0.05

−0.08

0.26

−0.51

−0.11

−0.12

0.38

−3.31

8

Guiness

R%

0.21

−0.08

−0.16

0.28

−0.21

−0.43

−0.26

−0.06

0.17

−0.05

0.21

−4.00

9

Lafarge

R%

−0.50

−2.06

−0.46

0.69

−0.17

−0.35

−0.04

−0.33

−0.91

−0.43

0.44

−1.03

10

Nestle

R%

−0.18

−0.20

−0.14

0.39

−0.25

−0.49

−0.18

−0.53

−0.88

−0.48

0.26

−0.58

11

Ng. Brew

R%

0.19

0.08

−0.25

0.23

−0.25

−0.39

−0.21

−0.53

−0.12

−0.29

0.21

−0.74

12

PZ

R%

−0.33

−0.58

−0.08

0.60

−1.16

−0.23

0.14

0.02

−0.28

−0.04

0.21

−5.25

13

Stanbic

R%

−0.04

−0.50

−1.74

0.47

0.34

−0.18

0.11

−0.20

−0.93

−0.34

0.53

−1.57

14

Total Ng

R%

0.03

0.02

0.08

−0.03

0.29

−0.52

0.23

0.42

−0.34

0.11

0.39

3.72

15

UACN

R%

−0.14

−0.50

−0.86

0.38

−0.05

0.09

0.21

−0.30

−0.56

−0.22

0.39

−1.80

16

UBA

R%

−0.37

−0.87

−0.91

0.74

0.24

0.16

0.79

−0.57

−0.84

−0.21

0.87

−4,21

17

Uniliver

R%

−0.28

0.40

−0.73

0.56

−0.88

0.39

−0.17

−0.56

−0.13

−0.24

0.28

−1.21

18

Union Bank

R%

−0.17

0.14

−0.84

0.66

0.70

0.62

−1.29

0.51

−0.21

−0.33

0.90

−2.76

19

Zenith

R%

0.02

−0.41

−0.85

0.56

0.40

−0.04

0.25

−0.47

−0.32

−0.18

0.38

−2.14

20

Cadbury

R%

−0.08

0.54

−0.01

0.39

0.58

−0.78

0.80

−1.5

−0.71

−0.11

0.74

−6.87