Investors Bite

UBA Says Cancels Staff Share Investment Trust Scheme

19/7/2017/NSE United Bank for Africa Plc (UBA) announces the crossing of 2,080,104,955 units of its ordinary shares from the Staff Share Investment Trust Scheme (SSIT) to the Bank. This transfer of shares from SSIT to the Bank is part of the process of executing the Special Resolution of the Shareholders […]

Nigerian Equities Extends Bullish Streak to Eight Straight Session

July 18, 2017/Cordros Research Click here to download full PDF Report EQUITIES The equities market extended its bullish streak to the eighth session in a row, with the All Share Index appreciating by 0.41% to 33,436.61 points. Today’s gain increased the Month-to-Date and Year-to-Date returns to 0.96% and 24.42% respectively. […]

WEMABANK Says H1 2017 Pretax Profit up 10.4%

By InvestAdvocate Click here to download PDF Copy of Report Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Wema Bank Plc said on Tuesday its pretax profit for the half-year (H1) period ended June 30, 2017 jumped 10.4 percent to N1.43 billion from N1.29 billion reported a year ago. Similarly profit after tax (PAT) […]