Updates

Stocks Close Lower, Driven by Selloffs in Major Industrial Goods Counters

By InvestAdvocate Click here to read full report Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday closed lower, driven by selloffs in major industrial goods stocks. The All Share Index shed 0.57 percent to close at 24,986.02 points. “Today’s bearish proceedings increased the Month-to-Date and Year-to-Date losses to 1.35 percent and […]

GTBank Says 2016 Pretax Profit up 36.8%, Offers Investors N2.00 Final Dividend

Segun Agbaje, MD/CEO of Guaranty Trust Bank Plc By InvestAdvocate Click here to download Guaranty Trust Bank Plc 2016 Audited Report Lagos (INVESTADVOCATE)-Nigeria’s tier one lender, Guaranty Trust Bank Plc on Wednesday said its pretax profit for the period ended December 31, 2016 climbed up 36.8 percent to N165.1 billion […]

Three Nigerian Banks Set To Take Over Etisalat N541.8bn Debt

March 8, 2017/The Will A consortium of some Nigerian banks are reportedly set to take over Etisalat Nigeria today Wednesday despite efforts by the Nigerian Communication Commission, NCC, to broker a peaceful resolution between the telecoms firm and the banks over a N541.8bn debt. The consortium including Guaranty Trust Bank, […]