By InvestAdvocate Lagos (INVESTADVOCATE)-Drugmaker, GlaxoSmithKline Consumer Nigeria Plc said on Friday it has recorded a loss before tax of N3.62 billion for the period ended June 30, 2016 compared to N424.82 million declared a year earlier. Similarly, the drug producer recorded a loss after tax of N3.70 billion compared to […]
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Nigerian Stocks Ends Rough Week 1.27% Up
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday ended a volatile week positive as the all-share index (ASI) and market capitalisation appreciated by 1.27 percent to close at 28,009.93 points and N9.620 trillion respectively. “Similarly, all other Indices finished higher during the week, with the exception […]
Fidelity Banks Says Q2 2016 Profit after Tax Decline 31.9%
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s lender, Fidelity Bank Plc said on Friday its profit after tax (PAT) for the half-year (H1) period ended June 30, 2016 declined 31.9 percent to N5.59 billion from N8.21 billion declared a year ago. Profit before tax (PBT) also depreciated 34.9 percent to N6.28 billion from […]
