By InvestAdvocate Lagos (INVESTADVOCATE)- Pan-African lender, Ecobank Transnational Incorporated (ETI) said on Wednesday its pretax profit for the period ended December 31, 2015 went down 53 percent to N40.589 billion from N86.441 billion recorded a year earlier. Similarly, profit after tax (PAT) declined 68 percent to N21.252 billion from […]
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ASHAKACEM Says Lafarge Africa Receives SEC Approval on Tender Offer
By InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer, Ashaka Cement Plc (ASHAKACEM) said on Wednesday that Lafarge Africa Plc has received the approval of the Securities and Exchange Commission (SEC) to proceed with the Tender for the entire 392,864,273 ordinary shares held by minority shareholders which represents 17.54 percent of the issued share […]
Linkage Assurance Affirms Default in Filing 2015 Returns
By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, Linkage Assurance on Tuesday said it has defaulted in filing its 2015 annual accounts and reports to the Nigerian Stock Exchange (NSE) due March 31, 2015. “This is as a result of the delay in the approval of the Annual Financial Statements (AFS) of a private […]
