March 14, 2018/FBN Holdings FBN Holdings has announced the appointment of Mr Olawale Ariyibi as Chairman of the Board, FBNQuest Capital Limited; and Mr Tijjani Borodo as Chairman of the Board, FBNQuest Trustees Limited. This comes after the recent renaming of all entities under the investment banking and asset management […]
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GTBank Says 2017 Pretax Profit up 21.4%, Offers Investors N2.40 Final Dividend
By Abdulquddus OKELE InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one lender, Guaranty Trust Bank Plc on Wednesday said its pretax profit for the period ended December 31, 2017 climbed up 21.4 percent to N200.4 billion from N165.1 billion recorded a year earlier. Post-tax profit of the bank also appreciated 28.9 percent to […]
Intraday Update: Nigerian Stocks Down -0.47% on Sell-Offs in Banking Counters
March 14, 2018/InvestmentOne Update ASI as at 12.00pm: -0.47%. Market movers: LASACO (-9.52%), NPFMCRFBK (-9.19%), INTBREW (+7.89%), CILEASING (+5.00%). Sector Performances: Banking (-1.92%), Oil & Gas (-0.27%), Consumer Goods (+0.08%), Industrial. Market activity: In todays early trade, total volume and value fell by c.58% and c.61% respectively compared to this […]
