Investors Bite

Stocks Close Week in Red, Dips 0.95% on Profit-Taking

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday closed the week on a negative note as the all-share-index (ASI) and market capitalisation depreciated by 0.95 percent to close at 27,596.82 and N9.479 trillion respectively and coming on the heels of profit-taking. “Similarly, all other Indices finished […]

FBN Capital Set to Host Key government, Business Leaders at Annual Investor Conference

October 21, 2016/First Bank of Nigeria Ltd In line with the commitment to provide a platform that will facilitate interaction for identifying sustainable growth opportunities in Nigeria, FBN Capital Limited, the Investment Banking and Asset Management subsidiary of FBN Holdings Plc. will host its Annual Investor Conference on October 27, […]

Transcorp Hotels Reports N3.93 Billion Pretax Profit for Nine Months Ended 30 September

By InvestAdvocate Lagos (INVESTADVOCATE)- Transcorp Hotels Plc, the hospitality unit of Nigeria’s top tier conglomerate, Transnational Corporation of Nigeria Plc on Friday said its pretax profit for the nine months period ended September 30, 2016 rose 14.7 percent to N3.93 billion from N3.42 billion recorded a year ago. Post-tax profit […]