Author: InvestAdvocate

Cadbury Nigeria Post Tax Profit increase by 136.4% in 2013

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Food and Beverage giant Cadbury Nigeria Plc Monday posted a 136.4 percent (136.4%) half year post tax profit for the period ended June 30 2013. Cadbury in the review period recorded a post tax profit of N2.518 billion in the second quarter of 2013 compared […]

UBA Half Year Posttax Profit Increase by 5%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-United Bank for Africa Plc (UBA) Monday posted a five percent (5%) half year post tax profit for the period ended June 30 2013. To post the 5% increase, UBA in the review period recorded a post tax profit of N28.409 billion in the second […]

CBN Withdraw Express Discount’s Operating Licence

THE Central Bank of Nigeria (CBN) has delisted Express Discount Limited (EDL) from the league of discount houses in the country, in exercise of powers conferred on it by Section 2, paragraph D, of CBN Act 2007. The move, which was predicated on two reasons of low capital adequacy and […]