By InvestAdvocate Lagos (INVESTADVOCATE)-First listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc said on Monday its profit after tax (PAT) for the nine-month period ended September 30, 2015 declined 62 percent to N13.6 billion from N35.4 billion recorded a year ago. Similarly, profit before tax (PBT) […]
Capital Market
Dangote Cement Says 9-Month 2015 Profit up by 12.5%
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer, Dangote Cement Plc said on Monday its profit after tax (PAT) for the nine-month period ended September 30, 2015 climbed up 12.5 percent to N158 billion from N140.48 billion recorded the same period of 2014. Also, pretax profit grew 8.35 percent to N167 […]
NSE Commences Week Negative, as Oil & Gas, Insurance Shares Drag down Indices to 0.61%
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday commenced the week on a negative note as the Oil & Gas and Insurance indices dragged the market to a 0.61 percent loss. At the close of today’s trading on the Nigerian bourse, all-share index (ASI) closed at […]
