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Sterling Bank’s Nine-Month 2016 Pretax Profit Down 26.9%

By InvestAdvocate Lagos (INVESTADVOCATE)-Mid-tier lender, Sterling Bank Plc on Friday said its pretax profit for the period ended September 30, 2016 declined 26.9 percent to N6.07 billion from N8.30 billion declared a year ago. Post-tax profit of the bank also dropped 26.6 percent to N5.53 billion from N7.54 billion declared […]

Seplat Reports N24.08 Billion Nine-Months 2016 Loss after Tax

By InvestAdvocate Lagos (INVESTADVOCATE)-First dual listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc on Thursday reported a loss after tax (LAT) of N24.08 billion for the nine-months period ended September 30, 2016 compared to a profit after tax (PAT) of N13.57 billion recorded a year ago. […]

NSE Gets SEC’s Approval to New Rules for Filing of Accounts, Treatment of Default Filing

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) said on Friday it has secured the approval of the Securities and Exchange Commission (SEC) on the Rules for Filing of Accounts and Treatment of Default Filing. Click here to see the approval notice