By InvestAdvocate Lagos INVESTADVOCATE)- Fast Moving Consumer Goods (FMCG) company, Flour Mills of Nigeria Plc (FMN) said on Monday its first quarter (Q1) pretax profit for the period ended June 30, 2015 plunged 66.5 percent to N1.188 billion from N3.545 billion recorded a year ago. Similarly, profit after tax (PAT) declined […]
Capital Market
NSE Records Biggest Single-Day Loss after August 17, Index Dip 2.22% on Sell-offs
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday commenced the week with biggest single-day loss following Monday August 17, 2015’s 2.59 percent mark. At the close of trading, all-share index (ASI) dipped 2.22 percent on sell-offs across sectors to close at 29,214.13 basis points, while market […]
McNichols Names Ozurumba Elechi Afigbo Non-Executive Director
By InvestAdvocate Lagos (INVESTADVOCATE)-food processing and packaging company McNichols Consolidated Plc announced on Monday it has appointed Ozurumba Elechi Afigbo as a non-executive director of the company with effect from August 17, 2015. McNichols in an issuer’s announcement with the Nigerian Stock Exchange (NSE) said Afigbo holds a B. Eng., […]
