By InvestAdvocate Lagos (INVESTADVOCATE)-Oando Plc on Monday reported a loss before tax of N66.8 billion in the half-year (H1) of 2016 compared to N31.1 billion a year ago. Similarly, loss after tax for the period was N27 billion compared to N35 billion in the H1 period of 2015. Oando said […]
Updates
Manufacturing PMI Rises Marginally to 44.1% in July 2016 from 41.9 in June – CBN
Culled—-Proshare August 01, 2016/CBN Manufacturing PMI Report Production level, new orders, employment level and raw material inventories declining at a slower rate; supplier delivery time improving at a slower rate The Manufacturing PMI rose marginally to 44.1 index points in July 2016, compared to 41.9 in the preceding month (Fig. […]
Nigerian Stocks Open Week Bearish, Benchmark Index Down 0.60%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday opened the week on a bearish note as the all-share index (ASI) closed at 27,843.00 points, while market capitalisation fell by N57.33 billion to N9.56 trillion. “Today’s performance increased the Year-to-Date loss to 2.79 percent,” Cordros daily […]

