By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s leading congloromate in several industries, AG Leventis (Nigeria) Plc said on Tuesday it has entered into a joint venture agreement with South African Pick N Pay Retailers Limited. “The indicative scope of services by the new company to be formed pursuant to the joint […]
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FBNH PAT Declines 8.3% in Q1’16
By InvestAdvocate Lagos (INVESTADVOCATE)-Financial HoldCo, FBN Holdings Plc on Tuesday said its profit after tax (PAT) for the period ended March 31, 2016 dropped 8.3 percent to N20.72 billion from N22.60 billion recorded a year ago. Similarly, pretax for the period declined 18.2 percent to N22.05 billion from N26.94 billion […]
Why Investors Should Expect a Contained Earning from Skye Bank
24/4/2016/Proshare The sustained fall in price of banking stocks continues to reflect investors sentiments (fear) towards the sub-sector, as central-bank and government reform policies which for years lifted asset prices, are now hurting them; and in some cases, created disruptions. The impact of economic reforms and policy positions will be […]
