By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Sterling Bank Plc Wednesday increased its dividend payout to investors of the bank by 25 percent (25%) as it proposed a dividend of 25 kobo per share compared to 20 kobo paid in 2012. According to analysts at Investment One Financial Services, in the review […]
Results & Dividends
GlaxoSmithKline Nigeria Posts 3.4% Increase in 2013 Profit
By InvestAdvocate Lagos (INVESTADVOCATE)-Drug manufacturer, GlaxoSmithKline Consumer Nigeria Plc Tuesday announced a 3.4 percent (3.4%) increase in its profit after tax (PAT) for 2013 audited year end. To post the 3.4% in PAT, the drug maker in year 2012 declared N2.823 billion compared to N2.919 billion reported in the review […]
Dangote Cement Grows Profit by 38.7% in 2013
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Cement manufacturers, Dangote Cement Plc Wednesday posted a 38.7 percent (38.7%) growth in its profit for the year. From the 2013 audited report of the cement company released to the Nigerian stock exchange (NSE) in Lagos Nigeria, profit for the year was N201.198 billion in […]
