By InvestAdvocate Lagos (INVESTADVOCATE)-Skye Bank Plc on Friday said it has posted a loss after tax of N40.73 billion in its audited year ended December 31, 2015 compared to N18.72 billion profit a year ago. Similarly, the lender reported a loss before tax (PBT) of N37.65 billion compared to a […]
Updates
Nigerian Stocks Ends Rough Week 1.27% Up
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday ended a volatile week positive as the all-share index (ASI) and market capitalisation appreciated by 1.27 percent to close at 28,009.93 points and N9.620 trillion respectively. “Similarly, all other Indices finished higher during the week, with the exception […]
First Naira-Settled OTC FX Futures Contract Matured and Settled July 27 on FMDQ
Culled—-Proshare July 29, 2016/FMDQ ₦962.23mm Settlement Amount paid to the ‘Futures Banks’ on the $/₦279 NGUS JUL 27 2016 contract The month of July is poised to report an encouraging increase in overall FX market activity. Precisely one (1) month into the June 27, 2016 introduction of and formal unveiling […]
