Tag: 2015 Audited Accounts

NEM Insurance Says 2015 Pretax Profit Decline 66.10%

By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, NEM Insurance Plc on Monday said its 2015 pretax profit for the period ended December 31, 2015 declined 66.10 percent to N598.83 million from N1.766 billion recorded a year ago. Similarly, profit after tax (PAT) of the company dropped 53.21 percent to N713.70 from N1.525 billion […]

UBA Shareholders Applaud Performance, Approve 40 Kobo per Share Final Dividend

April 10, 2016/UBA Shareholders of Africa’s global lender, the United Bank for Africa Plc (UBA) on April 8, 2016 applauded the Bank for its strong financial performance in 2015 despite the difficult operating environment globally.  They also approved the board’s recommendation to pay a final dividend of 40 kobo per […]

ASHAKACEM Offer Investors 15 Kobo per Share Dividend in 2015

By InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer, Ashaka Cement Plc on Monday proposed a dividend of 15 kobo per share to its shareholders. The company said qualification and closure of register is April 25 and April 26, 2016 respectively. According to ASHAKACEM, if the proposed 15 kobo per share dividend is approved […]