In the face of macroeconomic volatility… The management recognized the challenges present in the Nigerian economy following the oil price crash in June 2014 and the effects on the Banking subsector at large. Other issues that weighed heavily on the industry were the Naira devaluation and increase in Cash Reserve […]
Capital Market
NSE Succumbs to Profit-Takings after 3-Day Gains
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Wednesday succumbed to profit-taking after three (3) consecutive days of gains, the bulls came to a halt in today’s session, according to a Cordros market update. At the end of today’s session on the floor of the Nigerian bourse, […]
AFRIPUD Retains 35 Kobo Dividend as Profit Grows 33.2% in 2014
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- first listed registrar on the floor of the Nigerian bourse, Africa Prudential Registrars Plc (AFRIPUD) on Wednesday proposed to offer shareholders of the company a 35 kobo per share dividend in its 2014 audited year end. The company in a notice to the Nigerian […]
