By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing major, Conoil Plc said on Monday its pretax profit for the period ended September 30, 2017 depreciated 25.4 percent to N2.02 billion from N2.71 billion posted the same period of last year. Post-tax profit for the period of the oil marketing firm, also declined 25..0 […]
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Union Bank Says Q3’17 Post-tax Profit Drops -4.63% on Closure of Rights Issue
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 […]
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 […]
