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Vitafoam Nigeria Post Tax Profit Dip by -18.2%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Vitafoam Nigeria Plc Tuesday reported a dip of -18.2 percent (-18.2%) in its post tax profit for the period ended September 30 2013. From the… Read more »

Nestle Nigeria Board to Meet Over Dividend Payment

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nestle Nigeria Plc Tuesday announced that its board of directors will meet on Monday, February 24, 2014 to consider and recommend the payment of final… Read more »

Transcorp Board Set to Consider Dividend Payment

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The board of directors of Transnational Corporation of Nigeria Plc (‘’Transcorp’’) has notified the Nigerian Stock Exchange (NSE) that it has scheduled to meet on… Read more »

Standard Alliance on Reversal Row of -N2.024 billion Loss, Declares N635.7 million PAT in Q3

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The third quarter (Q3) result for the period ended September 30, 2013 of Standard Alliance Insurance Plc; operating in the insurance subsector of… Read more »

Time Warner Raises Dividend As Q4 Earnings Beat Expectations

The latest earnings report will send analysts back to their spreadsheets: With the spin off of Time Inc planned for mid-year, Time Warner has begun to report separate results for… Read more »

Northern Nigeria Flour Mills Q3 PAT Fall by -54.6%

  By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Northern Nigeria Flour Mills Plc (NNFM) Monday reported a fall of -54.6 percent (-54-6%) in profit after tax (PAT) in its third quarter (Q3)… Read more »

Flour Mills of Nigeria Q3 Profit Drop by -27.4%

  By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Flour Mills of Nigeria Plc Monday said its profit after tax (PAT) dropped by -27.4 percent (-27.4%) in its third quarter (Q3) report for… Read more »

Forte Oil Posts N6.52 billion Pre-Tax Profit for 2013

Press Release Proposes N4.31 billion dividend payout to shareholders January 31, 2013: LAGOS, NIGERIA– Forte Oil Plc (formerly AP PLC) Nigeria’s foremost indigenous integrated energy solutions provider has announced a… Read more »

Honda Q3 net profit more than doubles to $1.56 billion

Honda Motor Co’s (7267.T) October-December net profit more than doubled to 160.7 billion yen ($1.56 billion), back to pre-Lehman crisis levels but lower than expectations, helped by strong sales of… Read more »

Facebook Fourth Quarter Revenue Up 63%

Facebook has announced that its fourth quarter revenue in 2013 jumped 63% thanks to a boost in mobile advertising sales. The California-based social networking company earned $523m (£316m), between October… Read more »