Wed Apr 27, 2016/Reuters Nigeria’s biggest banking group FBN Holdings has no need to tap equity markets after an unexpected 119 billion naira ($600 mln) loan loss provision last year but will keep loan growth flat to boost capital, its CEO said on Wednesday. CEO Urum Kalu Eke said the […]
Tag: Loss
Goldlink Insurance Post N731.47 Million Loss in H1’15
Click here tyo view Composite Statement of Financial Position as at June 30, 2015-Goldlink Insurance Plc By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, Goldlink Insurance Plc on Thursday posted a loss of N731.47 million in its first-half (H1) report for the period ended June 30, 2015. Similarly, profit before tax (PBT) ended the […]
John Holt Reports N254 Million Loss in 2015 End
By InvestAdvocate Lagos (INVESTADVOCATE)-Gen set and Almarine boat firm, John Holt Plc has reported a N254 million loss in its audited report for the period ended September 30, 2015. Similarly, profit before tax dipped 140 percent to N171 million from N427 million recorded a year ago. Revenue of John Holt […]
