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Niger Insurance, WAPIC declare losses in 2009 Audited Results

By Yakubu LAAH investadvocate Oct 18 2010 16.07 GMT Two Insurance Companies, Niger Insurance Plc (NIGERINS) and Intercontinental WAPIC Insurance Plc (WAPIC) had both declared losses in their Audited Year Ended December 2009.   First NIGERINS posted a Profit After Tax (PAT) negative of N124.754 million in year 2008 compared […]

Studio Press reports 278.4% million Profit for year 2007

By Yakubu LAAH investadvocate Oct 18 2010 15.20 GMT Lagos(INVESTADVOCATE)-Studio Press Plc operating in the Packaging sector of the Nigerian Stock Exchange (NSE) today Monday October 18 2010 announced 278.4 percent (278.4%) in Profit for the year 2007 Results made available at the Stock Exchange in Lagos Nigeria.   To […]

Auto credit scheme: Banks impound defaulters’ vehicles

Monday, 18 Oct 2010       Scores of beneficiaries of auto credit scheme are losing their cars as banks repossess vehicles from loan defaulters, Punch’s RASHEED BISIRIYU reports   Many commercial banks have ordered the repossession of all new cars whose owners have failed to pay back loans taken […]