By InvestAdvocate Lagos (INVESTADVOCATE)-Lender, Union Bank of Nigeria Plc (UBN) said on Tuesday its half-year (H1) pretax profit for the period ended June 30, 2016 climbed up 38.3 percent to N8.92 billion from N6.62 billion recorded a year ago. Similarly, profit before tax (PBT) grew 35.8 percent to N8.76 billion […]
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Zenith, GTBank, Nigerian Breweries Drives NSE Index up 0.27%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday closed on a bullish note as all-share index (ASI) gained 0.27 percent to close at 27,389.02 points. This is coming on the heels of sustained interest in large cap stocks such as the shares of Nigeria’s top […]
Foreign investors release $14bn for projects in Nigeria
August 16, 2016/Punch Rasheed Bisiriyu and ’Femi Asu A group of international investors has approved the release of $14bn for key projects expected to speed up the economic revival of Nigeria. The money is part of $200bn pulled together by the group under the aegis of Greenstone Capital International Africa […]
