Nigerian stocks rallied on Monday with the major indices closing positive as traders bought and sold shares on positive earnings reports. The Nigerian Stock Exchange’s All-Share Index rose by 1.12 per cent to close at 37,562.50 basis points, erasing 418.85 points of the 1182.64 points lost last week when the […]
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Reporting accountants seek bigger role in capital market
Accountants operating in the Nigerian capital market under the Association of Reporting Accountants on the Capital Market have expressed a desire to play a more significant role as the market develops. According to the accountants, since the meltdown in the capital market in 2008, the level of the activities, particularly […]
Pan African Bank ETI Reports 94.2% PAT in Q2 2013
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Pan African Bank Ecobank Transnational Incorporated (ETI) Monday reported a 94.2 percent (94.2%) half year post tax profit for the period ended June 30 2013. The Pan African Bank in the review period recorded a post tax profit of N26.909 billion in the second quarter […]
