By InvestAdvocate Lagos (INVESTADVOCATE)-Negative sentiments on Tuesday persisted on the Nigerian Stock Exchange (NSE) as all-share index (ASI) dipped 0.86 percent to close at 29,572.90 basis points, while market capitalisation decreased by N88 billion to close at N10.16 trillion. “Today’s decline increased the Month-to-Date and Year-to-Date losses to 5.27 percent […]
Capital Market
SEPLAT Post 62% Decline in Q3’15 Profit, Proposes $0.04 per Share Interim Dividend
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) […]
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 […]
