By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Local equities continued to rally on sustained bargain hunting activities on the Banking and Consumer Goods sectors, as the all-share index (ASI) on Monday climbed up by 0.49 percent to close at 25,828.30 points, while market capitalisation added N43.58 billion to N8.88 trillion. ”Today’s […]
Tag: GlaxoSmithKline Consumer Nigeria Plc
GlaxoSmithKline Says Pretax Profit Down 58% in 2015, Cut Dividend Payout by 60%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Drug manufacturer, GlaxoSmithKline Consumer Nigeria Plc said on Wednesday its full year 2015 pretax profit fell 58 percent to N1.157 billion from N2.752 billion recorded a year ago. Similarly, profit after tax (PAT) dipped 47.8 percent to N965.05 million from N1.848 billion declared in the […]
NSE Inches up 0.03% to Close Positive
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday inched up 0.03 percent to close positive, according to Cordros daily market update. The update says the all-share index (ASI) closed at 23,834.87 basis points while market capitalisation grew by N2.79 billion to N8.20 trillion, consequently reducing the […]
