By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Wema Bank Plc on Wednesday said its profit after tax (PAT) for the period ended March 31, 2016 declined -17.9 percent to N429.53 million from N522.99 million declared a year ago. Similarly, profit before tax (PBT) depreciated -17.9 percent to N505.32 million from N615.28 […]
Tag: Nigerian Stock exchange
Bears Return to Equities Market, Benchmark Index Down 0.06%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Bears on Wednesday returned to the Nigerian Equities Market as all-share index (ASI) declined 0.06 percent to close at 24,809.29 points, while market capitalisation dropped by N5.01 billion to N8.53 trillion. “Today’s loss increased the Month-to-Date and Year-to-Date losses to 1.96 percent and 13.38 percent […]
Diamond Bank 2015 Profit Drops 77.8% to N5.66 Billion
By InvestAdvocate Lagos (INVESTADVOCATE)-Diamond Bank Plc said on Wednesday its profit after tax (PAT) for the period ended December 31, 2015 dropped 77.8 percent to N5.66 billion from N25.48 billion posted a year earlier. Similarly, profit before tax (PBT) of the Bank declined 74.8 percent to N7.09 billion from N28.10 […]
