By InvestAdvocate Lagos (INVESTADVOCATE)-Foremost registrar in Nigeria, First Registrar Ltd will Tuesday morning unveil a new brand identity in the name of First Registrars & Investor Services Ltd. The rebranding which has being in the making for close to two (2) years now as InvestAdvocate can reliably affirm; because it […]
Capital Market
Flour Mills Q1’15 Pretax Profit Plunge 66.5%
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 […]
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 […]
