November 25, 2016/FMDQ As an innovation-driven Exchange focused on revolutionising the Nigerian financial markets, FMDQ OTC Securities Exchange (FMDQ), following extensive consultations with stakeholders in the Nigerian financial market space, including the apex capital market regulator, the Securities and Exchange Commission (“SEC” or the “Commission”), set up the Debt Capital […]
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Mobil Oil Nigeria Q3 2016
November 25, 2016/Cowry Asset Research Mobil Oil Nigeria Plc recorded a solid year-on-year financial performance despite economic headwinds which include an economic recession, scarce foreign exchange and rising inflation. Turnover increased by 58.56% to N71.87 billion while profit after tax rose 57.39% to N5.74 billion. Although gross profit margin […]
FCMB Q3 2016 Profit up 30.6%
By InvestAdvocate Lagos (INVESTADVOCATE)- FCMB Group Plc said on Thursday its nine-months profit after tax (PAT) for the period ended September 30, 2016 rose 30.6 percent to N12.98 billion from N9.94 billion recorded a year ago. Profit before tax (PBT) also grew 19.4 percent to N14.17 billion from N11.87 billion […]
