By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Food processing and packaging company, McNichols Consolidated Plc on Monday reported its profit after tax (PAT) for the period ended December 31, 2015 grew 48.84 percent to N60.33 million from N40.53 million recorded a year earlier. In the same vein, pretax profit of the […]
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NEM Insurance Says 2015 Pretax Profit Decline 66.10%
By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, NEM Insurance Plc on Monday said its 2015 pretax profit for the period ended December 31, 2015 declined 66.10 percent to N598.83 million from N1.766 billion recorded a year ago. Similarly, profit after tax (PAT) of the company dropped 53.21 percent to N713.70 from N1.525 billion […]
Goldman Sachs to pay $5 billion in U.S. Justice Dept mortgage bond pact
Mon Apr 11, 2016/Reuters By Suzanne Barlyn Goldman Sachs Group Inc (GS.N) has agreed to pay $5.06 billion to settle claims that it misled mortgage bond investors during the financial crisis, the U.S. Department of Justice said on Monday. The settlement, which Goldman disclosed in January, stems from the firm’s […]
