By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Wema Bank Plc said on Monday its profit after tax (PAT) rose by 48.5 percent to N2.37 billion in 2014 audited year end from N1.59 billion recorded last year, the bank said in a filing with the Nigerian Stock Exchange (NSE). Similarly […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender, First City Monument Bank Plc said on Monday its profit after tax (PAT) rose 38.3 percent to N22.13 billion in its 2014 audited year end from N16.01 billion recorded last year. Similarly, profit before tax (PBT) climbed up 31.7 percent to […]

By InvestAdvocate Lagos (INVESTADVOCATE)- Hospitality firm, Transcorp Hotels Plc (THP) said on Friday its profit for the year ended 2014 declined 27 percent to N3.220 billion from N4.409 billion recorded a year earlier. Pre-tax profit also dipped 26 percent to N4.540 billion from N6.122 billion reported in the corresponding period […]