By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian Stocks fell 0.29 percent amid sell-offs across consumer goods and oil/gas sectors as all-share index (ASI) closed at 32,444.12 basis points, while market capitalisation dipped N32.16 billion to close at N11.08 trillion. This is the fourth loss in all four (4) trading sessions of […]
Capital Market
SEPLAT List Post IPO Long-Term Incentive Plan
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- First listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc (SEPLAT) on Monday through its stockbroker, Stanbic IBTC Stockbrokers Limited notified the Nigerian Stock Exchange (NSE) of the company’s intention to list its Long-Term Incentive Plan (LTIP) following the conclusion of […]
Fidelity Bank Projects N23.5 Billion 2015 Profit Before Tax
By InvestAdvocate Lagos (INVESTADVOCATE)—Nigeria’s mid-tier lender, Fidelity Bank Plc has projected a N23.5 billion profit before tax (PBT) in its 2015 audited year end compared to N16.5 billion recorded a year earlier, a Reuters report quoted a prospectus which the lender used to raise a N30 billion bond. In the […]

