25/4/2016/ntel NatCom Development and Investment Limited (trading as ‘ntel’), the company that acquired the core assets of NiTel/MTel (in liquidation) played host to Barrister Adebayo Shittu, the honourable Minister of Communication at their Tier III data center in Lagos on Monday April 25, 2016. The minister who was accompanied by […]
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Nigerian Equities Reel under Sustained Losses on Investments Decline, ASI Dip 0.34%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities on Monday reeled under sustained losses as it opened the week on a bearish note, closing 0.34 percent lower on investment declines. At the close of the day’s session, the all share index (ASI) closed at 24,765.10 points, while market capitalisation dropped […]
Dangote Cement Says 2016 Q1 Profit Down 23.52% to N52.7 Billion
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s most capitalised quoted company, Dangote Cement Plc said on Monday its profit after tax (PAT) for the period ended March 31, 2016 dropped 23.52 percent to N52.77 billion from N68.62 billion recorded a year ago. Similarly, profit before tax (PBT) dipped 22.85 percent to N54.53 billion […]
