March 9, 2017/Cowry Asset Research In the first nine months to 2016, Forte Oil Plc recorded somewhat lackluster year-on-year financial performance amid economic headwinds in a time of an economic recession, scarce foreign exchange and rising inflation. Turnover increased by 32.16% to N121.08 billion; however, profit after tax plunged by […]
Investors Bite
Stocks Reverses Loss, ASI up 0.74%
Click here to read full report By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday reversed Wednesday’s loss, with the all-share index (ASI) advancing 0.74 percent to close at 25,170.36 points. Cordros daily market update reports that Thursday’s bullish performance trimmed the Month-to-Date and Year-to-Date losses to 0.63 […]
Deutsche Bank’s Qatar, China Investors Said to Back Rights Offer
8/3/2017/Bloomberg Qatari royals, HNA said to consider boosting stakes in bank Stock is down about 10% since share sale plan reported Friday Qatar’s royal family and China’s HNA Group Co., two of Deutsche Bank AG’s biggest investors, plan to buy shares in the lender’s 8 billion-euro ($8.4 billion) rights offer […]
