Culled—Proshare November 4, 2016/NASD Plc Notice is hereby given that the Eighteenth (18th) Annual General Meeting of the members of ARM LIFE PLC will hold on Wednesday, November 9, 2016 at The Darlington Hall, Plot CDE Industrial Crescent, off Town Planning Way, Ilupeju, Lagos, Nigeria at 11:00 a.m. Unlisted Securities […]
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Equities End Week with 1.15% Loss on Increased Supply
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Friday ended the week with a loss as the Nigerian Stock Exchange (NSE) all-share index (ASI) and market capitalisation depreciated by 1.15 percent and 0.93 percent to close at 26,981.60 and N9.288 trillion respectively. “Similarly, all other Indices finished lower during the […]
FBN Holdings Plc: Asset Quality Challenges Continue to Bite Earnings
November 4, 2016/Cordros Research Last week, FBN Holdings Plc (FBNH) released its nine months earnings report for the period ended September 30, 2016. Profit before tax (PBT) declined by 5.0% y/y (-51.4% q/q) while return on average equity (RoAE) fell to 9.4%, from 12.0% recorded as at H1’16. Following revisions […]
