April 11, 2018/NSE This is to inform the public and our stakeholders that the Board of Directors of Oando Plc held a meeting on Tuesday, April 10, 2018 and approved the 2017 Audited Financial Statements (the “Accounts”). We expect to be in a position to file the Accounts by the […]
Investors Bite
Nigerian Equities Market Maintains Bullish Run, as Year-to-Date Returns Improve to +6.81%
April 11, 2018/Cordros Report EQUITIES Proceedings in the equities market remained positive, as the ASI increased by 0.86% to 40,846.24 points, following sustained interests in industrial goods stocks. Accordingly, the Month-to-Date and Year-to-Date returns improved to 1.59% and 6.81% respectively. The Industrial Goods (+2.01%) index remained the highest gainer among […]
Wema Bank Says 2017 Pretax Profit Down -7.3%
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Wema Bank Plc said on Wednesday its pretax profit for the period ended December 31, 2017 declined 7.3 percent to N3.0 billion from N3.24 billion reported a year ago. Similarly profit after tax (PAT) depreciated by 11.9 percent to N2.25 billion from N2.56 billion […]
