By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday sustained its bearish run as the all-share index (ASI) dropped 0.34 percent to close at 25,657.48 points, while market capitalisation declined by N30.15 billion to N8.83 trillion; following profit-taking in key Banking and Oil & Gas counters. “Today’s activities further reduced […]
Tag: InvestAdvocate
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 […]
PUMPMAKERS launches world’s first platform for DIY Solar Pumps in AFRICA
March 16, 2016/PM Pumpmakers PUMPMAKERS (www.PumpMakers.com) from Austria have launched the Pumpmakers Platform, a virtual marketplace that helps people help themselves by providing individuals, local companies, NGO’s and volunteers with free access to the easy-to-use Do-It-Yourself Solar Pump and a global network to implement projects for everyone where there is […]
