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Lafarge Africa Issues Profit Warning for H1 2016 Results on Naira Devaluation

By InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer, Lafarge Africa Plc on Friday issued a ‘profit warning’ saying its half-year 2016 period is expected to be affected by the impact of the naira… Read more »

Nigerian Stocks End Week in Red, Post 1.54% Loss

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday ended a two-day trading session as all-share index (ASI) and market capitalisation dipped 1.54 percent to close the… Read more »

FirstBank Named Best Retail Bank in Nigeria

July 8, 2016/First Bank of Nigeria Ltd First Bank of Nigeria Limited, Nigeria’s most valuable bank brand has won “The Best Retail Bank in Nigeria Award” for the fifth time,… Read more »

Telecoms Top Nigeria’s Advert Spend with N16.7 Billion in 2015 – Mediafacts

  July 8, 2016/TPT The telecommunications sector retained its lead position as the highest advertiser in Nigeria in 2015 with a combined total expenditure of N16.7 billion. This information is contained… Read more »

IMF Names Tao Zhang as Deputy Managing Director Effective August 22

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, managing director (MD) of the International Monetary Fund (IMF), on Friday announced her proposal to appoint Tao Zhang as deputy managing director (DMD)… Read more »

Access Bank Wins 2016 Euromoney ‘Best Bank Transformation’ Award

July 7, 2016/Access Bank Plc Nigeria’s top tier lender, Access Bank Plc has just received the award for ‘Africa’s Best Bank Transformation’ in the Euromoney 2016 Awards for Excellence. The award… Read more »

Investors dump stocks as risk aversion grows; yen up

July 8, 2016/Reuters By Saikat Chatterjee Asian stocks deepened losses and the Japanese yen strengthened against the greenback on Friday as investors dumped riskier assets and fled to safe havens… Read more »

Skye Bank New Management to Brief Market on Latest Development

By InvestAdvocate Lagos (INVESTADVOCATE)- The new management of Skye Bank Plc will this afternoon Friday July 8, 2016 visit the Nigerian Stock Exchange (NSE)  to brief the market  on the status… Read more »