Results & Dividends

Nigerian Breweries Quarterly Profit Dips 12.2%, as Interim Dividend Drops 4%

By InvestAdvocate Lagos (INVESTADVOCATE)- Lagos (INVESTADVOCATE)-Brewing giant, Nigerian Breweries Plc said on Wednesday its third quarter (Q3) 2015 profit after tax (PAT) dipped 12.2 percent to N26.18 billion from N29.82 billion recorded in the same period of 2014. Similarly, profit before tax (PBT) declined 11.8 percent to N37.56 billion from […]

GTBank Says Q3’15 Pretax Profit Rise 14%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one lender, Guaranty Trust Bank Plc said on Wednesday its pretax profit for the period ended September 30, 2015 climbed up 15 percent to N92.06 billion from N80.69 billion recorded a year earlier. Similarly, post tax profit grew 13 percent to N71.16 billion […]

NSE Index Declines 0.42% on Sell-Offs in Industrial Goods Sector

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) all-share index (ASI) declined 0.42 percent to close at 30,199.15 basis points, while market capitalisation dropped by N43.29 billion to close at N10.38 trillion. Cordros daily market update says the retreat was as a result of major sell-offs in Industrial Goods sector […]