Tag: Dangote Cement Plc

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 […]

NSE Rebounds on Renewed Bargain Hunting, ASI up 0.13%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday rebounded on renewed bargain hunting as all-share index (ASI) climbed up 0.13 percent close at 24,659.17 points, while market capitalisation grew by N2.84 billion to N8.48 trillion. “Today’s activities pared the Month-to-Date and Year-to-Date losses to 2.56 percent […]