By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one (1) lender, Access Bank Plc said on Thursday its pretax profit for the period ended December 31, 2015 climbed up 88 percent to N75.04 billion from N39.92 billion recorded a year ago. In the same vein, profit after tax (PAT) grew 113.4 percent to […]
Tag: Access Bank Plc
NSE ASI Rises 6.57% W-o-W on Bargain Hunting
By InvestAdvocate Lagos (INVESTADVOCATE)-The bulls on Friday overcame the bears on the Nigerian Stock Exchange (NSE) as key market indicators, the all-share index (ASI) advanced by 6.57 percent Week-on-Week (W-o-W) to close at 25,820.10 basis points, while market capitalisation rose 6.55 percent to N8.33 trillion. “Similarly, all other Indices finished […]
Fitch Revises Outlook on 3 Nigerian Banks to Negative; Affirms Ratings
18 Feb 2016/Fitch Ratings (This statement was made by the rating agency on February 18, 2016) Fitch Ratings has revised the Outlooks on the Long-term foreign currency Issuer Default Ratings (IDRs) of First Bank of Nigeria Ltd (FBN), United Bank for Africa Plc (UBA) and Guaranty Trust Bank Plc (GTB) […]
