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FBNH PAT Declines 8.3% in Q1’16

By InvestAdvocate Lagos (INVESTADVOCATE)-Financial HoldCo, FBN Holdings Plc on Tuesday said its profit after tax (PAT) for the period ended March 31, 2016 dropped 8.3 percent to N20.72 billion from N22.60 billion recorded a year ago. Similarly, pretax for the period declined 18.2 percent to N22.05 billion from N26.94 billion […]

Why Investors Should Expect a Contained Earning from Skye Bank

24/4/2016/Proshare The sustained fall in price of banking stocks continues to reflect investors sentiments (fear) towards the sub-sector, as central-bank and government reform policies which for years lifted asset prices, are now hurting them; and in some cases, created disruptions. The impact of economic reforms and policy positions will be […]

Transcorp Adds 1.936 Billion Ordinary Shares to NSE’s Daily Official List

By InvestAdvocate Lagos (INVESTADVOCATE)- Nigeria’s top tier conglomerate, Transnational Corporation of Nigeria Plc on Friday said a total of 1,936,049,872 ordinary shares were added to its existing shares on  the Daily Official List (DOL) of the Nigerian Stock Exchange (NSE) on April 14, 2016. “The new outstanding shares of the […]