By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-All-share index (ASI) at the Nigerian equities market on Monday dipped 0.49 percent to close at 34,317.72 points, while market capitalisation decreased by N88.17 billion to close at N11.66 trillion. With this loss current Year-to-Date (Y-t-D) returns on the Nigerian bourse stands at a negative […]
Capital Market
• GEJ confirms Gwarzo as Director General of SEC, Relieves NHIS Executive Secretary of appointment
President Jonathan has approved the confirmation of Mr. Mounir Haliru Gwarzo as Director-General of the Securities and Exchange Commission. Mr. Gwarzo who has been acting as Director-General of the Commission, was appointed to the Board of the Securities and Exchange Commission as Executive Commissioner in January, 2013. President Goodluck […]
Guinness Nigeria 2015 Q3 Pretax Profit Dip 9%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE-Nigeria’s top tier brewer, Guinness Nigeria Plc said on Friday its 2015 nine (9) months period pretax profit dipped nine (9%) to N7.134 billion from N7.823 billion recorded a year earlier. Similarly, profit after tax (PAT) dipped 12 percent to N5.216 billion from N5.943 billion […]
