Tag: InvestAdvocate

Nigerian Breweries, Nestle, GTBank Emerge 3 Most Capitalised in NSE’s Primary Equities Market in January 2016

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Beer producer, Nigerian Breweries Plc, food and beverage maker, Nestle Nigeria Plc and Nigeria’s top tier lender, Guaranty Trust Bank Plc has emerged the top three (3) most capitalised firms on the Nigerian Stock Exchange (NSE) primary equities market as at January 31, 2016. Monthly […]

Flour Mills Reports N19.79 Billion 9-Months Pretax Profit

By InvestAdvocate Lagos (INVESTADVOCATE)-Fast Moving Consumer Goods (FMCG) firm, Flour Mills of Nigeria Plc said on Wednesday its pretax profit for the nine-months period ended December 31, 2015 was N19.79 billion compared N3.70 billion recorded a year ago. Similarly profit after tax (PAT) increased to N19 billion from N3.30 billion […]

South Africa, Tunisia Outshines Nigeria’s Capital Market Performance

February 2, 2016/ The Will South Africa’s Johannesburg Stock Exchange (JSE) led African exchanges in Initial Public Offerings (IPO) transactions and capital raised in the past five years, amounting to $2.7 billion. This was revealed by PricewaterhouseCoopers (PwC) in its 2015 Africa Capital Markets Watch report released on Monday, which […]