Updates

Global stocks slip, euro gains as ECB holds line on stimulus

Sept 8, 2016/Reuters By Chuck Mikolajczak | NEW YORK A gauge of global equity markets fell modestly and the euro strengthened on Thursday after the European Central Bank reaffirmed its commitment to run its bond-buying program as long as needed, but did not confirm a specific extension of the plan. […]

FSDH Expects August Inflation Rate to Increase Further to 17.71%

Culled—Proshare Sept 8, 2016/FSDH Research We expect the August 2016 inflation rate (year-on-year) to increase further to 17.71% from 17.13% recorded in the month of July 2016. We expect the increase to come from the increase in the prices of food items and other non-food items as a result of […]

Conoil Says 2015 Profit after Tax up 176.6%, Offers Investors N3.00 Dividend

By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing major, Conoil Plc on Thursday said its profit after tax (PAT) for the period ended December 31, 2015 climbed up 176.6 percent to N2.31 billion from N834.4 million recorded a year ago. Similarly, profit before tax (PBT) of the nation’s top oil marketer rose 125.1 […]