Author: InvestAdvocate

Nestle Nigeria Reports 13.5% Growth in Q2 Profit

By InvestAdvocate Lagos (INVESTADVOCATE)-Food and Beverage giant Nestle Nigeria Plc, Thursday reported a 13.5 percent (13.5%) post-tax profit for its second quarter result for the period ended June 30 2013, according to the Nigerian Stock Exchange (NSE). To record the 13.5% growth in post-tax profit, the company announced N11.171 billion […]

Nigeria sells N114.9 billion in Treasury bills

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- The Central Bank of Nigeria (CBN) announced that Nigeria sold N114.89 billion worth of treasury bills of maturities ranging between three (3) month and one year, with yields slightly higher on 91-day and 364-day paper and flat on the 6-month note. According to the […]