By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Skye Bank Plc Monday posted a 39.78 percent (39.78%) increase in Profit After Tax (PAT) in its Second Quarter (Q2) Report for the Period Ended June 30 2012. This is contained in the Result Announcement of the Bank released on the Floor of the […]
Uncategorized
UACN to acquire majority stake in Portland Paints
UAC of Nigeria Plc, a leading diversified conglomerate in Nigeria, has announced plans to acquire majority equity stakeholding in Portland Paints and Products Plc. The company has thus signed a Memorandum of Understanding with Portland Paints, which is a leading player in the paints manufacturing and sanitary wares sales in […]
Nigerian naira firms on Shell, NLNGs dollar sales
Nigeria’s naira currency firmed against the U.S dollar on the interbank market on Monday, supported by ample dollar sales by two energy companies to some lenders. The local currency closed at 161.60 versus the dollar on the interbank market, stronger than the 162.10 to the dollar it closed at on […]
