Tag: InvestAdvocate

Flour Mills records N8.7bn profit after tax

Flour Mills of Nigeria Plc has announced a profit after tax of N8.7bn in its results for the financial year ended March 31, 2012. The results made available to our correspondent on Tuesday showed that the company’s profit increased by 6.6 per cent compared to the figures obtained the previous […]

Stockbrokers’ll be ready for new trading platform –ASHON

The Association of Stockbroking Houses of Nigeria on Monday said, judging by the level of trainings organised so far, stockbrokers would be ready for the new trading platform the Nigerian Stock Exchange planned to introduce. The President, ASHON, Mr. Emeka Madubike, said this while speaking to our correspondent about the […]

Nigeria’s Inflation Rises By 8.7% in July 2013

In July, the Consumer Price Index (CPI) which measures inflation rose by 8.7 per cent (year-on-year). This was 0.3 percentage points higher than the 8.4 per cent rate recorded in June. While changes in the headline index have remained in single digits for the seventh consecutive month, prices edged higher […]