Tag: 2015

OTC Trading: Turnover Down 37% to N12.73 Trillion in 2016 Y-t-D from N20.20 Trillion in 2015

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Over-the-Counter (OTC) trading activities total turnover recorded in 2016  year-to-date (y-t-d) stood at N12.73 trillion compared to N20.20trillion recorded in 2015; indicating a decline of 37 percent,  according to the latest FMDQ OTC Securities Exchange Financial Markets Review Reports March 2016. The report says […]

United Capital Reports 41.3% Growth in 2015 Pretax Profit, Offers 35 Kobo Dividend

By InvestAdvocate Lagos (INVESTADVOCATE)- Financial and investment services firm, United Capital Plc said on Friday its pretax profit for the period ended December 31, 2015 grew 41.3 percent to N3.62 billion from N2.31 billion declared a year ago. Similarly, profit after tax (PAT) of the company increased 39.2 percent to […]

UBA Says 2015 Pretax Profit up 21.8%, Offers Investors 40 Kobo Final Dividend

By InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s global lender, the United Bank for Africa Plc (UBA) late Monday evening announced its pretax profit for the period ended December 31, 2015 climbed up 21.8 percent to N68.45 billion from N56.20 billion recorded a year ago. Similarly, profit after tax (PAT) grew 24.5 percent to […]