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 […]
Updates
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 […]
Total Nigeria Declares N8.93 Billion PAT in Q2 2016
By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing firm, Total Nigeria Plc said on Friday its profit after tax (PAT) for the period ended June 30, 2016 increased 271 percent to N8.93 billion from N2.41 billion recorded a year ago. Similarly, profit before tax (PBT) of Total Nigeria climbed up 199 percent to […]
