Investors Bite

Nestle Nigeria Says 2017 Pretax Profit up 117.3%, Offers N27.50 Final Dividend

March 4, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Food and beverage producer, Nestle Nigeria Plc last Friday said pretax profit for the full year ended December 31, 2017 grew 117.3 percent to  N46.828 billion from N21.548 billion posted a year ago. Similarly, post-tax profit of the beverage maker increased 325.5 percent to […]

Where is NASD in the ERGP?

Culled—Proshare March 2, 2018/NASD Plc  A year ago, the Federal Government of Nigeria needed a plan. The price of the product that generated the bulk of the country’s foreign exchange earnings had hit a 13 year low – there was even a threatened glut in the product itself.  Alternative industry that […]

Naira Gains +0.85% against the Dollar to close Week at N305.85

March 2, 2018/InvestmentOne Report Please click to download the Weekly Report for the week ending Friday 2nd March 2018 Global Economy   At the tail end of the week, the President of the United States of America (USA) announced plans to implement tariffs on the imported steel and aluminum, a […]