Capital Market

Unity Bank 2015 Q1 Profit up 35.7%

-As SEC Places Lender on Full Suspension over Share Reconstruction By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid tier lender, Unity Bank Plc on Wednesday said its profit after tax (PAT) climbed up 35.7 percent to N3.624 billion in its first quarter (Q1) period ended March 31 2015 from N2.670 billion […]

Morocco GDP grows 4.4 pct in Q1, up from 1.8 pct in Q4 2014

Wed Apr 8, 2015/Reuters Morocco’s economy grew 4.4 pct in the first quarter of 2015 from a year ago, after growth slowed to 1.8 pct in the final three months of 2014, amid higher agricultural output, the country’s planning agency said on Wednesday. Morocco is on course to harvest a […]

Nigerian Stocks Shed 2.19% amidst Sell-Offs Across Sectors

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Wednesday shed 2.19 percent amidst sell-offs across all sectors on the nation’s bourse. At the end of today’s session, the Nigerian Stock Exchange (NSE) all-share index (ASI) closed at 34,175 points, while market capitalisation decreased by N260.36 billion to N11.61 trillion. Cordros […]