By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, NEM Insurance Plc on Tuesday proposed a dividedn fo 6 kobo per share to investors for the period ended December 31, 2015. The 6 kobo per share dividend declared is subject to at the Annual General Meeting (AGM), the insurer said in its corporate action with […]
Tag: NEM Insurance Plc
NEM Insurance Says 2015 Pretax Profit Decline 66.10%
By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, NEM Insurance Plc on Monday said its 2015 pretax profit for the period ended December 31, 2015 declined 66.10 percent to N598.83 million from N1.766 billion recorded a year ago. Similarly, profit after tax (PAT) of the company dropped 53.21 percent to N713.70 from N1.525 billion […]
NSE Sustains Bearish Run on Negative Investors Sentiment, ASI Dips 0.34%
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday sustained its bearish run as the all-share index (ASI) dropped 0.34 percent to close at 25,657.48 points, while market capitalisation declined by N30.15 billion to N8.83 trillion; following profit-taking in key Banking and Oil & Gas counters. “Today’s activities further reduced […]
