By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketer, Forte Oil Plc said on Friday its profit after tax (PAT) for the nine-month period ended September 30, 2015 climbed up 6.7 percent to N4.285 billion from N4.106 billion recorded a year ago. Similarly, profit before tax (PBT) inched up 1.6 percent to N5.288 billion […]
Capital Market
Nigerian Equities Market Slumps 1.10% to Record 2-Straight Week Decline
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Friday slumped by 1.10 percent to record two successive weeks of decline. The Nigerian Stock Exchange (NSE) all-share index (ASI) and market capitalisation closed at 29,834.21 and N10.253 trillion respectively. Similarly, all other Indices finished lower during the week with […]
Bond Traders Face Incredible Shrinking Bonus as Revenue Tumbles
October 15, 2015/Bloomberg Equities traders, be kind to your brethren on the fixed-income desk: Their year started with such promise and is headed for a sour ending. Traders of bonds, currencies and commodities are facing a shrinking year-end bonus pool after their revenue in the first nine months slumped 11 […]
