Thu Feb 11, 2016/Reuters By Chijioke Ohuocha and Ulf Laessing Nigeria’s stock exchange, Africa’s second-largest, is looking to attract investors spooked by a weak currency and oil price by offering more products ahead of a possible listing. “We would like to give exposure to asset classes that we are not […]
Tag: InvestAdvocate
Guinness Says to List N10 Billion Series 2 and 3 Commercial Paper Issues on FMDQ OTC Feb’18
By InvestAdvocate Lagos (INVESTADVOCATE)-The nation’s top brewer, Guinness Nigeria Plc said on Thursday it will list N10 billion series II and III commercial paper issues on the FMDQ OTC securities exchange February 18, 2016. Guinness in an announcement with the Nigerian Stock Exchange (NSE) said the planned listing follows the […]
Nigerian Breweries 2015 Pretax Profit Dip 11.3%, Ups Final Dividend to N4.80 per Share
By InvestAdvocate Lagos (INVESTADVOCATE)-Beer producer, Nigerian Breweries Plc on Thursday announced its pretax profit for the period ended December 31, 2015 dipped 11.3 percent to N54.514 billion from N61.508 billion posted a year earlier. Similarly, profit after tax (PAT) declined 10.5 percent to N38.058 billion from N42.520 billion recorded the […]
