By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian lender, Guaranty Trust Bank Plc (GTBank) on Wednesday said its profit went down 1.7 percent (1.7%) in its first quarter (Q1) report for the period ended March 31, 2014. Profit before tax (PBT) of the bank went down from N28.491 billion in Q1 2013 […]

Standard Bank has said the listing of Nigerian oil and gas company, Seplat Petroleum Development Company on the Nigerian and London Stock exchanges will go a long way in encouraging the development of the oil and gas industry. The bank said this in a statement on Tuesday, adding that it […]

The Exchange wishes to advise its stakeholders that there is a lacuna in its current rule on pricing methodology. The relevant rule, Article 100, does not set forth a pricing methodology for determining the price movement where a new security is priced above N100.00 at the time of listing. In […]