Vetiva Fund Managers Limited says it has inaugurated a new fund targeted at investors with medium risk appetite. According to the firm, the inauguration of the DV Balanced Fund is through an Initial Public Offering of 20,000,000 units at N100 each. It said in a statement on Wednesday that the […]
Capital Market
GTBank Q1 Profit Down 1.7%
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 […]
Seplat listing will boost oil sector –Standard Bank
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 […]
