By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Wednesday sustained its hold on the Nigerian stock market, as all-share index (ASI) dipped 0.94 percent to close at 28,221.18 points, while market capitalisation dropped by N91.83 billion to N9.67 trillion. Cordros reports that with today’s result, the Month-to-Date and Year-to-Date losses […]
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Wema Bank Says H1’16 PAT up 10.6% to N1.10 Billion
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Wema Bank Plc said on Wednesday its profit after tax (PAT) for the half-year (H1) period ended June 30, 2016 climbed up 10.6 percent to N1.10 billion from N997.32 million a year ago. Similarly, profit before tax (PBT) of the bank increased 10.7 percent […]
Lafarge Africa Declares N30.2 Billion Loss in H1’16
By InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer, Lafarge Africa Plc has declared a loss of N30.2 billion in the half-year (H1) perod of 2016 compared to in N27.32 billion profit recorded a year ago. Similarly, the company posted a pretax loss of N30.1 billion compared to a pretax profit of N30.8 billion […]
