Author: InvestAdvocate

NSE Ends Week Bullish, All-Share Index Up 1.43%

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian stock exchange (NSE) ended its bearish run for three (3) consecutive weeks as all-share index (ASI) inched up 1.43 percent (1.43%) to close at 38,331.78, while market capitalisation closed at N12.313 trillion. Weekly stock market from the Nigerian bourse for the week ended […]

Diamond Bank Profit up 29.10%, Offers N4.342 billion Dividend

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Diamond Bank Plc Friday announced its 2013 post-tax profit jumped 29.10 percent (29.10%) from N22.108 billion in 2012 to N28.544 billion in the review period. Similarly pre-tax profit increased from N27.481 billion in 2012 end to N32.079 billion in 2013; showing an increase in pre-tax […]

Unilever Nigeria Profit Down -16%, Retains Dividend at N1.40 Kobo

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Soap maker, Unilever Nigeria Plc Friday announced its pre-tax profit dropped by -16 percent (-16%) for the 2013 audited year end Pre-tax profit of the company fell to N6.911 billion from N8.185 billion recorded in 2012 audited year end. Similarly, post-tax profit declined from N5.597 […]