September 3, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Tuesday closed in the green as the all-share index (ASI) gained 0.08 percent to close at 27,586.79 basis points on sustained bargain hunting and driven by gain in the shares of MTN Nigeria Plc InvetsmentOne daily market update reports […]
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UACN, UPDC Announce Recapitalisation, Restructuring Plans
September 3, 2019/NSE The Boards of Directors of UAC of Nigeria Plc (“UAC”) and UACN Property Development Company Plc (“UPDC” or the “Company”) (collectively the “Boards”, individually the “Board”) wish to inform The Nigerian Stock Exchange (“The Exchange” or “The NSE”), their shareholders and stakeholders that they are considering strategic […]
Fidelity Bank H1 2019 Results: Impairment write backs boosts bottom-line
September 2, 2019/InvestmentOne Report · Net interest income of N21.1billion, up 33.9% q/q; down 3.0% y/y · Non-interest income of N2.2billion, down 74.3% q/q, up 6.3% y/y · Profit before tax of N8.4billion, up 25.5% q/q; up 15.7% y/y · Profit after tax of N7.7billion, up 30.4% q/q; […]
