Investors Bite

Seven-Up Says 2016 Profit Plunges 53% to N3.34 Billion, Dividend Drops to N1.60 Dividend

By InvestAdvocate Lagos (INVESTADVOCATE)-Soft drink producers, Seven–Up Bottling Company Plc on Thursday said its profit after tax (PAT) for the period ended March 31, 2016 dipped 53 percent to N3.34 billion from N7.12 billion recorded a year ago. Similarly, profit before tax (PBT) declined 57 percent to N3.75 billion from […]

CBN Approves Seni Adetu Independent Director of Fidelity Bank

By InvestAdvocate Lagos INVESTADVOCATE)-Nigeria’s lender, Fidelity Bank Plc on Wednesday said the Central Bank of Nigeria (CBN) has approved the appointment of Seni Adetu an Independent Director of the Bank. The lender said in a statement with the Nigerian Stock Exchange (NSE) that the appointment is with effect from April […]

CUSTODYINS Names Omobola Johnson New Chairperson

June 24, 2016/NSE Following the approval of the resignation of Chief Michael Ade Ojo as the Chairman of the Board of Directors of Custodian and Allied Plc at the Board meeting held on June 23, 2016, the Board also approved the appointment of Mrs Omobola Johnson as a Director and […]