Capital Market

SEC Ag. DG, Gwarzo Emerges AMERC Chairman

Feb 25, 2015/SEC The Ag. Director General of the Securities and Exchange Commission (SEC) Nigeria, Mr. Mounir Gwarzo has been elected as Chairman of the Africa/Middle East Regional Committee (AMERC) of the International Organisation of Securities Commissions (IOSCO). The election took place at the on-going Annual meeting/conference of the regional […]

Nestle Nigeria 2014 Pretax Profit Drop 6%, Offers N27.50 Total Dividend

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Beverage makers, Nestle Nigeria Plc said on Wednesday its 2014 full year pretax profit declined 6.1 percent to N24.445 billion compared with N26.047 billion in 2013 end. Similarly post tax profit inch down slightly to 0.1 percent to N22.235 billion from N22.258 billion in the […]

Asian shares rise after Yellen stresses policy flexibility

Wed Feb 25, 2015/Reuters Asian stocks rose on Wednesday, taking their cues from Wall Street’s gains after Federal Reserve Chair Janet Yellen suggested the Fed would not rush into raising interest rates. Shares extended gains after a survey of Chinese factory activity eked out a rise to a four-month high […]