By InvestAdvocate Lagos (INVESTADVOCATE)-Fast Moving Consumer Goods (FMCG), Nestle Nigeria Plc on Wednesday said its pretax profit for the period ended December 31, 2015 rose 21 percent to N29.32 billion from N24.44 billion recorded a year ago. Similarly, profit after tax (PAT) grew seven (7) percent to N23.73 billion from […]
Tag: Nestle Nigeria Plc
NSE Halts 4-Day Losing Streak, Gains 0.67% on Banking Sector Rebound
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Thursday halted a four-day losing streak as all-share index (ASI) gained 0.67 percent to close at 24,042.73 basis points, while market capitalisation jumped by N54.84 billion to N8.27 trillion. Today’s gain is coming on the heels of slight rebound […]
NSE Suffers 2-Straight Day Loss, Dips 1.87% on Profit-Taking
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Wednesday suffered its two-day consecutive loss on profit-taking; as all-share index (ASI) dipped 1.87 percent to close at 24,056.12 basis points, while market capitalisation dropped by N157.79 billion to N8.27 trillion. Cordros daily market update says today’s loss dragged the Month-to-date […]
