By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Cement manufacturer Ashaka Cement Plc Monday reported that its profit before tax (PBT) declined by -48 percent (-48%) in its 2013 audited accounts. To record the -48% decline in PBT, Ashaka Cement in 2012 audited year end declared N5.474 billion compared to N2.824 billion in […]
Author: InvestAdvocate
FBN Holdings Reports Delay in Filing 2013 Audited Accounts
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-FBN Holdings Plc Monday reported that its audited financial statement for the period December 2013 will be delayed till April 15, 2014. FBN Holdings in a notice to the Nigerian stock exchange (NSE) said the delay is due to some challenges experienced in finalising the […]
Nigeria’s forex reserves down 5.76 pct month-on-month to $37.8 bln
Nigeria’s foreign exchange reserves dropped 5.76 percent month-on-month to $37.80 billion as of March 28, the latest central bank data showed on Monday. The reserves held by Africa’s top oil exporter stood at $40.11 billion on Feb. 28. They have fallen 22.17 percent since this time last year, when they […]
