(Correction: The Headline should read pretax profit and not post tax profit) By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian Oil marketing giant, Forte Oil Plc on Wednesday reported its post tax profit climbed up 61.6 percent to 5.203 billion naira in its nine months period ended September 30, 2014 compared with 3.219 billion […]
Capital Market
Law Union & Rock Names Dawodu Oluwaseun Stephen Alternative Director
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Insurance firm, Law Union and Rock Insurance Plc on Wednesday announced it has appointed Stephen Oluwaseun Dawodu as alternative director to Folarin Ademola Familusi on the board of the company effective from September 30, 2014. The insurer notified the Nigerian Stock Exchange (NSE) that the […]
STANBIC IBTC ETF 30 Fund IPO Closes Oct’15
By InvestAdvocate Lagos (INVESTADVOCATE) – STANBIC IBTC ETF 30 FUND (SIBTC ETF 30 Fund) on Wednesday announced its initial public offering (IPO) closes today October 15, 2014. In a notice to dealing members at the Nigerian bourse, the asset management company said the closure is in compliance with the prospectus […]
