Capital Market

NSE Reviews Lotus Islamic Index, Includes Mobil Nigeria

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) said on Wednesday it has reviewed the composition of the Lotus Islamic Index (NSE LII) and announced Mobil Oil Nigeria Plc as an incoming stock; while cement producer, Ashaka Cement Plc exits. The NSE said this is coming on the heels of […]

President Jonathan’s Statement after the Announcement of the 2015 Presidential Results

Tuesday March 31, 2015/State House I thank you all for turning out en-masse for the March 28 General Elections. I promised the country free and fair elections. I have kept my word. I have also expanded the space for Nigerians to participate in the democratic process. That is one legacy […]

ASHAKACEM Declare N5.25 Billion Pretax Profit in 2014

By InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer, Ashaka Cement Plc on Tuesday said it has posted a pretax profit of N5.25 billion in its 2014 audited year end compared to N2.84 billion declared a year earlier; indicating a growth of 84.5 percent in the review period. Also, post-tax profit climbed up 61.7 […]