March 14, 2017/Cordros Research According to the National Bureau of Statistics (NBS), Nigerian headline consumer price index has recorded its first deceleration in fourteen months. Headline inflation was 17.78% in February, 94bps down from 18.72% in January, and 58bps higher than Bloomberg’s median estimate and Cordros’ forecast of 17.2%. On […]
Updates
ContinentalRe Says 2016 Pretax Profit up 21.2%, Proposes 14 Kobo per Share Dividend
By InvestAdvocate Click here to download full report Lagos (INVESTADVOCATE)-Reinsurer, Continental Reinsurance Plc on Tuesday said its pretax profit for the period ended December 31, 2016 jumped 21.3 percent to N4.65 billion from N3.83 billion recorded a year ago. Post tax profit increased 24.02 percent to N3.12 billion from N2.51 […]
Guinness Nigeria Responds to Pharmdeko N175.6 Million Debt Claims
March 14, 2017/NSE Guinness Nigeria Plc wishes to notify the Nigeria Stock Exchange and our shareholders that it has responded to a court process filed by Pharma Deko Plc which alleges that Guinness Nigeria is contractually indebted to Pharma Deko Plc in the sum of N175, 699, 317.99 representing an […]
