Tag: energy sector

FCMB Group Issues Profit Warning on “Long Awaited” Q3’ 15 Report

Click here to view FCMB Group Plc : Interim Audit Update By InvestAdvocate Lagos (INVESTADVOCATE)- FCMB Group Plc (FCMB) on Monday issued a profit warning in expectation of its delayed third quarter (Q3) 2015 earnings before the end of January 2016. Peter Obaseki, the managing director (MD) of FCMB Group […]

Nigerian stocks fall 1.38 pct to 1-month low

Nigerian stocks fell 1.38 percent on Wednesday to a one-month low, driven mainly by falls in the banking and energy sectors, brokers said. Africa’s second biggest index shed 1.38 percent to 40,622 points at 1200 GMT, a level last seen on December 31. It was the third consecutive day of […]