By InvestAdvocate Lagos (INVESTADVOCATE)-Beer producer, Nigerian Breweries Plc on Wednesday said its pretax profit for the half-year period ended June 30, 2016 declined 36.3 percent to N10.54 billion from N16.55 billion recorded a year ago. Similarly, profit after tax (PAT) dipped 24.3 percent to N8.61 billion from N11.4 billion posted […]
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NSE Halts 5-Day Losing Streak, ASI up 0.15% across Rallies in Blue-Chips
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday halted a five-day losing streak as all-share index (ASI) gained 0.15 percent to close at 28,857.34 basis points, while market capitalisation advanced by N15.05 billion to N9.91 trillion. “Today’s improvement trimmed the Month-to-Date loss to 2.50 percent and extended […]
SEC Seeks Collaboration on Master Plan
July 12, 2016/SEC The Securities and Exchange Commission (SEC) has sought the collaboration of media organisations in the country to ensure effective implementation of the Capital Market Ten Year Master Plan. Director General of SEC Nigeria, Mounir Gwarzo said this Tuesday during a meeting with Management of Nigeria Television Authority […]
