Facebook Inc will acquire two-year-old Oculus VR Inc, a maker of virtual-reality glasses for gaming, for $2 billion, buying its way into the fast-growing wearable devices arena with its first-ever hardware deal. The acquisition, which comes hot on the heels of its $19 billion deal for messaging service WhatsApp, marks […]
Author: InvestAdvocate
GlaxoSmithKline Nigeria Posts 3.4% Increase in 2013 Profit
By InvestAdvocate Lagos (INVESTADVOCATE)-Drug manufacturer, GlaxoSmithKline Consumer Nigeria Plc Tuesday announced a 3.4 percent (3.4%) increase in its profit after tax (PAT) for 2013 audited year end. To post the 3.4% in PAT, the drug maker in year 2012 declared N2.823 billion compared to N2.919 billion reported in the review […]
Dangote Cement Grows Profit by 38.7% in 2013
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Cement manufacturers, Dangote Cement Plc Wednesday posted a 38.7 percent (38.7%) growth in its profit for the year. From the 2013 audited report of the cement company released to the Nigerian stock exchange (NSE) in Lagos Nigeria, profit for the year was N201.198 billion in […]
