Author: InvestAdvocate

Skye Bank Profit after Tax Up 27% in 2013

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Skye Bank Plc Tuesday reported its profit after tax (PAT) went up 27 percent for the financial year ended December 31, 2013. In its 2013 audited year end released to the Nigerian stock exchange (NSE), PAT went up from N12.644 billion in 2012 to N16.023 […]

More capital to flow out of Nigeria –Rewane

The Chief Executive Officer, Financial Derivatives Company Limited, a Nigeria-based research and financial advisory firm, Mr. Bismarck Rewane, has said recent developments in the global and local economies will force foreign portfolio investors to move more capital out of the country. As a result, he said the nation’s external reserves […]

Jaiz Bank grows investment portfolios by N7.5bn

Jaiz Bank Plc on Tuesday said that it had within the last two years increased its investment portfolios by N7.5bn. The Chairman, Board of Directors of the bank, Alhaji Umaru Mutallab, stated this during the opening of the bank’s branch in Sokoto. A statement by the bank quoted the chairman […]