Guinness Nigeria Plc has declared a profit before tax of N2.6bn for the first quarter of the financial year 2013. This was contained in a statement issued by the company’s Corporate Communications Manager, Mrs. Olayinka Edmund, on Monday. According to the statement, the company’s financial year begins in July, with […]
Author: InvestAdvocate
NSE index, market capitalisation drop by 0.41%
Stock market activities declined marginally on Monday. Acccordingly, major market indicators closed negative at the end of trading. Both the Nigerian Stock Exchange’s All Share Index and market capitalisation of listed equities depreciated by 0.41 per cent on Monday, in contrast to the corresponding day of last week, when they […]
Nigerians should expect increase in inflation rate – Analysts
Financial analysts have said that Nigerians should expect an increase in inflation rate in coming months, pointing to global increase in food prices as a contributor. Analysts at Financial Derivatives Company Limited in a bulletin made available to our correspondent on Monday said, “Using trend analysis, we estimate the national […]
