By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – World’s building materials and cement producers, LafargeHolcim said on Friday it sustained its earnings growth in the third quarter (Q3) 2016 which was driven by pricing strategy, synergies and disciplined cost management. The financial highlights made available by the company shows that its […]
Investors Bite
Fidelity Bank Q3’16 Earnings Presentation: The key takeaways
Culled—Proshare 3/11/2016/Research The microeconomic challenges that influenced business outlook in 2015 financial are largely unresolved in 2016 as bearish macroeconomic indicators had shown. Nigerian Banks are still facing headwinds within a tougher operating environment. The recessionary environment, shortage of FX, technical devaluation of currency and floating of Naira, increase in […]
NSE Closes lower 2-Straight Day, on Poor Performance of Blue Chips
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-In spite of the positive momentum in Thursday’s early trades, the Nigerian bourse closed lower for the second day in a row as the Nigerian Stock Exchange (NSE) all-share index (ASI) shed 0.66 percent to settle at 27,044.36 points, with corresponding market capitalisation of N9.28 […]
