By InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s global lender, the United Bank for Africa Plc (UBA) late Monday evening announced its pretax profit for the period ended December 31, 2015 climbed up 21.8 percent to N68.45 billion from N56.20 billion recorded a year ago. Similarly, profit after tax (PAT) grew 24.5 percent to […]
Tag: Investors
ETI Issues ‘Profit Warning’ for 2015 End
By InvestAdvocate Lagos (INVESTADVOCATE)-Pan-African lender, Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group on Tuesday issued a ‘profit warning’ for its 2015 audited year end. ETI in an issuer’s announcement with the Nigerian Stock Exchange (NSE) said it expects to report materially lower profit for the year ended […]
Wall St. ends flat as investors brace for Fed
Mon Mar 14, 2016/Reuters Wall Street closed little changed on Monday as consumer discretionary gains countered losses in energy shares and investors laid low ahead of a U.S. Federal Reserve meeting. The Dow Jones industrial average .DJI rose 15.69 points, or 0.09 percent, to 17,229, the S&P 500 .SPX lost […]
