Tag: InvestAdvocate

Nigerian Equities Close Week Lower by 1.13% on Fair Profit-Taking

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market ended the week lower as the NSE all-share index (ASI) and market capitalisation dipped by 1.13 percent to close at 25,694.79 points and N8.839 trillion respectively. “Similarly, all other Indices finished lower during the week, with the exception of the NSE […]

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 […]

Oando Says Francesco Cuzzocrea Exits as Non-Executive Director

By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing firm, Oando Plc said on Friday Francesco Cuzzocrea has resigned from the board of the company as non-executive director with effect from February 19, 2016. “The resignation became necessary due to increasing demands on Mr. Francesco Cuzzocrea’s time by other interest. While on the board, […]