Dangote Sugar Refinery Plc has recorded a 23 per cent rise in its profit after tax for the first quarter ended March 31, 2013. Its result released to the Nigerian Stock Exchange on Friday showed that the profit, which stood at N2.80bn at the corresponding period of 2012, rose by […]
Author: InvestAdvocate
UBA Posts Impressive FY 2012 Results, Profits Soar by 905%
Press Release Lagos, May 10, 2013 – United Bank for Africa (UBA) Plc today announced its audited financial results for the full year 2012 growing its profit figures by over 905% to close at N54.8billion from the N6.8billion loss it recorded in the previous year on account of loan provisioning […]
G7 to press on with bank reforms, Japan escapes censure
Group of Seven finance officials agreed on Saturday to redouble efforts to deal with failing banks and gave a green light to Japan’s drive to galvanize its economy. British finance minister George Osborne said the finance ministers and central bankers meeting 40 miles outside London focused on unfinished bank reforms, […]
