The equities segment of the Nigerian Stock Exchange closed last week on a positive note as major market indicators rose significantly. The market capitalisation of the listed equities rose by N343bn or 3.1 per cent from N11.170tn recorded at the beginning of last week, to N11.513tn at the close of […]
Author: InvestAdvocate
Dangote Sugar’s Q1 profit rises by 23%
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 […]
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 […]
