By Abdulquddus OKELE InvestAdvocate Lagos (INVESTADVOCATE)-Union Bank of Nigeria Plc (UBN) on Monday said its post-tax profit for the period ended September 30, 2017 declined 4.63 percent to N12.4 billion from N14.0 billion posted a year ago. Pretax profit of the lender, also dropped 2.09 percent to N12.9 billion from […]
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NSE Opens Week Positive Following Bargain Hunting in Banking, Consumer Goods Counters
October 30, 2017/Cordros Research EQUITIES The equities market commenced the week positive, with the ASI appreciating 0.06% to 36,484.30 points, following bargain hunting in the Banking and Oil & Gas stocks. Accordingly, the Month-to-Date and Year- to-Date returns increased to 2.95% and 35.76% respectively. The Banking (+0.70%) index led the […]
SEC Commended on establishment of Capital Market Development Fund
October 30, 2017/SEC The Securities and Exchange Commission (SEC) has been commended on the establishment of the Nigerian Capital Market Development Fund (NCMDF). Speaking at the inauguration of the board of NCMDF, Former Chairman of the Board of SEC and former DG, Dr. Suleyman Ndanusa commended the SEC on its efforts at […]
