Investors Bite

Zenith Bank shelves plans to raise 100 bln naira due to weak economy

23/3/2017/Reuters By Oludare Mayowa Nigeria’s Zenith Bank has shelved plans to raise 100 billion naira ($318 million) via a combination of bonds and share sales due to weak capital markets, it said on Thursday. The bank had expected market conditions to improve when it announced plans to seek approval for […]

UNILEVER Says 2016 Pretax Profit up 132% to N4.10 Bn, Offers Investors 10 Kobo Dividend

By InvestAdvocate Click here to download Annual Report 2016 Unilever Nigeria Plc Lagos (INVESTADVOCATE)-Soap and detergent producer, Unilever Nigeria Plc on Thursday said its pretax profit for the period ended December 31, 2016 jumped 131.8 percent to N4.10 billion from N1.77 billion declared a year ago. Likewise, post-tax profit soared […]

NSE: Foreign Inflows Down 28.79% to N16.10Bn in February 2017

March 23, 2017/NSE On a monthly basis, The Nigerian Stock Exchange polls trading figures from major custodians and market operators on their Foreign Portfolio Investment (FPI) flows. The table below shows an analysis of transactions on The Exchange at the end of February 2017. Table 1: Analysis of Transactions for […]