Uncategorized

Nigeria’s FCMB declares N52.555 billion Gross Earnings in Q2 ‘12

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s First City Monument Bank Plc (FCMB) Monday declared a Gross Earnings of N52.555 billion in its Second Quarter (Q2) Report for the Period Ended June 30 2012. This is contained in the Bank’s Q2 Report for 2012 released to the Nigerian Stock Exchange (NSE) and made […]

Pan-African Bank ETI posts -4.0% decline in PAT Q2 ‘12

  By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Pan African Bank, Ecobank Transnational Incorporated (ETI) Monday posted a 4.0 percent (-4.0%) decline in Profit After Tax (PAT) for the Second Quarter (Q2) Report for the Period Ended June 30 2012. This is contained in the Result of the Bank released to the […]

Nigerian naira falls vs dollar as cbank boost fades

Nigeria’s naira fell against the U.S. dollar on the interbank market on Monday on strong dollar demand, erasing gains made after central bank took measures to strengthen the naira currency. The naira closed at 160.80 to the dollar on the interbank market, weaker than the 160.35 it closed at on […]