October 18, 2018/AfDB The Board of Directors of the African Development Bank Group has approved a Naira investment equivalent to US$ 10 million in Chapel Hill Denham Nigeria Infrastructure Debt Fund (NIDF). This investment aims to meet the country’s infrastructure investment needs, including in the power and energy infrastructure sectors. […]
Investors Bite
NSEASI Down -0.87% as Bellwether Counters Reverse Gains
October 17, 2018 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday closed the third trading session of the week negative, losing 0.87 percent to 32,437.35 basis points compared to +0.95 percent gain recorded the previous session, as Year-to-Date (YTD) returns currently stands at -15.18 percent on decline […]
GTBank Says Q3 2018 Post-Tax Profit Up 13.3% to N142.2 Billion
October 17, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender, Guaranty Trust Bank Plc (GTBank) said on Wednesday its post-tax profit for the third quarter (Q3) period ended September 30, 2018 climbed up 13.3 percent to N142.2 billion from N125.6 billion recorded a year ago. Similarly, pretax profit increased 9.5 […]
