By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender, Access Bank Plc on Friday said its pretax profit for the half-year (H1) period ended June 30, 2016 climbed up 27.9 percent to N50.02 billion from N39.11 billion recorded a year ago. Similarly, profit after tax (PAT) grew 26.2 percent to N39.48 billion […]
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Cordros Asset Management Boss Advises Investors on Mutual Funds
19/8/2016/Thisday Investors have been advised to use professionals and diversify their investments in order to minimise risks and enjoy competitive returns through mutual funds considering the volatility in the Nigerian financial system. The advice came from the acting Managing Director of Cordros Asset Management Limited (CAML), a subsidiary of Cordros […]
PZ Cussons Nigeria Plc – Weak Q4 slows FY’16 Earnings
Culled—-Proshare August 18, 2016/FBNQuest Research FY’16 revenue lower on weaker volumes Margins contract on higher costs Revision to forecasts, TP, HOLD rating Weak Q4 seals unimpressive FY’16/15 revenue performance Amidst a highly challenging operating environment, PZ released FY’16 results (ended 31 May) showing a 5% y/y decline in revenue to […]
