Investors Bite

Conoil Lead Gainers, as Stocks Remain Upbeat on Oil & Gas Rally

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday remained upbeat, as the benchmark index rose by 0.19 percent to close at 27,574.09 points following a rally in the Oil & Gas index. “Today’s activities further cut the Month-to-Date and Year-to-Date losses to 0.09 percent and 3.73 percent respectively, Cordros daily market update affirmed. According […]

Conoil Says 2015 Profit after Tax up 176.6%, Offers Investors N3.00 Dividend

By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing major, Conoil Plc on Thursday said its profit after tax (PAT) for the period ended December 31, 2015 climbed up 176.6 percent to N2.31 billion from N834.4 million recorded a year ago. Similarly, profit before tax (PBT) of the nation’s top oil marketer rose 125.1 […]

Fidelity Bank MD Advises Investors to Take Advantage of Stock Prices

Sept 7, 2016/CAMCAN The Managing Director of Fidelity Bank, Mr. Nnamdi Okonkwo, has urged  investors to take advantage of the current  low prices of stocks, saying that  it is the better to invest when prices are low. Despite the strong fundamentals of the listed companies, their shares are highly discounted […]