Nigeria’s Union Bank said on Thursday its half-year pretax profit fell to 9.8 billion naira ($61.1 mln), down 4.2 percent from 10.2 billion naira last year. Shares in Union Bank, which had gained 63 percent since the start of the year, were trading flat at 12 naira at 1130 GMT. […]
Tag: InvestAdvocate
Exxon Mobil posts big Q2 profit miss; EPS $1.55 vs. $1.90 estimate
Analysts had expected Exxon to report earnings per share of $1.90 per share on $105.54 billion in revenue, according to a consensus estimate from Thomson Reuters.  Source: Reuters
Nigerian Stockbrokers Eye 40 Million Investors
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The stockbroking community under the auspices of the Association of Stockbroking Houses of Nigeria (ASHON) is eyeing 40 million investors in the Nigerian Capital market (NCM) compared to the current five (5) million in the nearest future. Emeka Madubuike, Chairman of ASHON at its recent […]
