Capital Market

PZ Cussons Proposes 20 Kobo Interim Dividend, as Q3 Profit Drops 28.3%

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Soap maker, PZ Cussons Nigeria Plc said on Friday its profit after tax (PAT) for the nine months period ended February 28, dropped 28.3 percent to N2.787 billion in 2014 from N3.886 billion posted in same period of 2013. Also, profit before tax (PBT) declined […]

NSE Names Chapel Hill Denham Primary Market Maker

By InvestAdvocate Lagos INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) said on Thursday it has appointed Chapel Hill Denham Securities Ltd as primary market maker (PMM). The NSE said Chapel Hill’s appointment follows the resignation of WSTC Financial Services Limited, one (1) of ten primary market makers appointed in September 2012. Haruna […]

Nigeria’s Equities Trends Further Southward, Records 15.62% YTD Loss

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday trended further southward as current market Year-to-Date (Y-t-D) returns stands at 15.62 percent; while Month-to-Date (M-t-D) loss stands at 4.80 percent. At the end of the day’s session, the Nigerian Stock Exchange all-share index (NSE ASI) lost 0.65 percent […]