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UBA Post N61.7 Billion Profit in Q3 2018

October 17, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s global lender, the United Bank for Africa Plc (UBA) on Tuesday reported a profit for the period of N61.69 billion in its third… Read more »

October 17, 2018/Cowry Asset Kindly Click here to download the 9M 2018, Financial Result Update of United Bank for Africa Plc.

Lafarge Group Records Post-Tax Loss in Q3-18; Result Not Unexpected

October 17, 2018/Cordros Update LAFARGE just published September 2018 results, with a loss of NGN6.47 billion in Q3-18 and NGN10.37 billion loss in nine months. The loss in Q3-18 is… Read more »

UBA Shows Resilience as Gross Earnings hit N375 billion, with Group profit of N79 billion

October 17, 2018/UBA United Bank for Africa Plc, the pan African financial institution with presence in 20 African countries has announced its unaudited 2018 Third Quarter Financial Results, with impressive… Read more »

The New American Dream: Retirement Security

October 16, 2018/US SEC Commissioner Kara M. Stein Remarks at the Brookings Institution Good Morning. Thank you, Aaron [Klein], for the kind introduction. And, thank you to the Brookings Institution,… Read more »

Nigerian Stocks Rise +0.95% on Bellwether Counters

October 16, 2018 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Tuesday closed the second trading session of the week positive, gaining +0.95% to close at 32,722.18 basis points compared… Read more »

Transcorp Names Valentine Ozigbo President/CEO, Appoints Four Others

October 18, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s leading diversified listed conglomerate, Transnational Corporation of Nigeria Plc (Transcorp) has named Valentine Ozigbo president/CEO of the conglomerate with effect from January 1,… Read more »

Intraday Update: Nigerian Stocks Up +0.08% on Gains in Consumer, Oil & Gas Counters

October 16, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange all-share index (NSEASI) as at midday Tuesday is up +0.08 percent and driven by gains in the Consumer Goods, Oil… Read more »

CCNN, Kalambaina Cement Merger Gets Regulatory Approval

October 16, 2018/Punch Feyisayo Popoola The Cement Company of Northern Nigeria Plc says it has got an approval from the Securities and Exchange Commission and the Nigerian Stock Exchange on… Read more »

Bond Market Opens Bearish as Weakness in Mid-Tenors Persist

Culled—Proshare October 15, 2018/Zedcrest Capital ***Nigeria to Sell Ajaokuta, Others for 2018 Budget *** KEY INDICATORS Indicator Value Commentary Inflation 11.23% As at September14, 2018,9bps up from 11.14% recorded in… Read more »