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 […]
Capital Market
Transcorp’s Teragro Commodities Signs MoU with Benue State
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s leading conglomerate, Transnational Corporation of Nigeria Plc (Transcorp) on Thursday said its agribusiness subsidiary Teragro Commodities Limited has signed a memorandum of understanding (MoU) with the Benue State government to lease land to establish citrus farms in Ushongo, Benue. Donald Gbugho, commissioner for agriculture […]
Nigerian Bourse on Red amidst Sell-Offs in Banking Stocks
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Thursday turned red amidst sell-offs in banking stocks as all-share index (ASI) declined 0.10 percent to close at 34,494.36 points, while market capitalisation dipped by N11.96 billion to close at N11.75 trillion. This is coming on the heels of sell-offs in shares […]
