Updates

Eulogies for Outgoing GMD/CEO at Book Launch in his Honour in Lagos

July 30, 2016/UBA Plc It was rain of accolades for the outgoing Group Managing Director/CEO of United Bank for Africa (UBA) Plc, Mr. Phillips Oduoza in Lagos on Wednesday as captains of industry and leading voices of Nigerian society witnessed the launch of a book in his honour. The  book […]

GlaxoSmithKline Declares N3.62 Billion Loss in H1 2016

By InvestAdvocate Lagos (INVESTADVOCATE)-Drugmaker, GlaxoSmithKline Consumer Nigeria Plc said on Friday it has recorded a loss before tax of  N3.62 billion for the period ended June 30, 2016 compared to N424.82 million declared a year earlier. Similarly, the drug producer recorded a loss after tax of N3.70 billion compared to […]

Nestle Nigeria Reports 94% Drop in H1 2016 PAT

By InvestAdvocate Lagos (INVESTADVOCATE)-Food and beverage producer, Nestle Nigeria Plc on Friday said profit after tax (PAT) for the half-year (H1) period ended June 30, 2016 declined 94 percent to N535.81 million from N8.66 billion posted a year ago. Similarly, profit before tax (PBT) of the beverage maker dipped 91.5 […]