Culled—Proshare October 26, 2016/UBN Plc Union Bank, one of Nigeria’s long-standing and most respected financial institutions, announces its unaudited results for the nine months ended 30th September 2016. Bank Financial Highlights Profit before tax: ₦13.2bn (₦13.2bn in 9M 2015); excluding gain on sale of subsidiaries*, increased by 27% to ₦12.4bn […]
Updates
NSE Halts 3-Day Losing Streak, as Stocks Records Marginal Gain
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Wednesday recorded a modest gain as the all-share index (ASI) advanced 0.08 percent to close at 27,120.39 points. ‘Today’s activities pared the Month-to-Date and Year-to-Date losses to 4.29 percent and 5.49 percent respectively,’ Cordros daily market update affirmed. According to the […]
GSK Nigeria sells Lucozade, Ribena to Japanese firm
October 26, 2016/Punch Anna Okon GlaxoSmithKline Nigeria has concluded the sale of its two flagship brands, Lucozade and Ribena, to a Japanese beverage firm, Suntory. This was disclosed by Suntory Nigeria at a press briefing in Lagos on Tuesday. The deal between the parent company of GlaxoSmithKline Nigeria, GSK Global, […]
