By Peter OBIORA InvestAdvocate Lagos INVESTADVOCATE)-Beer maker, Nigerian Breweries Plc (NB) said on Tuesday its first quarter (Q1) 2015 pretax profit declined slightly 1.85 percent Year-on-Year (Y-o-Y) and 23.52 percent Quarter-on-Quarter (Q-o-Q)  to N14.45 billion. Cordros research say the decline followed a 113 percent Y-o-Y and 2.43 percent Q-o-Q rise […]

By InvestAdvocate Lagos (INVESTADVOCATE)- First listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc said on Tuesday its 2015 first quarter (Q1) pretax profit declined 33.4 percent to N4.83 billion from N7.25 billion posted a year earlier. Profit after tax (PAT) also dipped by 32.8 percent to […]

By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, Cornerstone Insurance Plc said on Tuesday its pretax profit for 2014 audited year end climbed up 48 percent to N1.39 billion from N940.6 million declared a year earlier. Similarly, profit after tax (PAT) grew 37.6 percent to N1.28 billion from N931.8 million in 2013 end. Gross […]