By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s rescued lender, Union Bank of Nigeria Plc said on Friday its pretax profit for the period ended December 31, 2015 declined 47.5 percent to N14.55 Billion from N27.71 billion recorded a year ago. Similarly, profit after tax (PAT) of the Bank dropped 50 percent to N13.98 […]
Tag: Nigerian Stock exchange
Equities Rebound 0.64% on Bargain Hunting
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian Equities on Thursday rebounded 0.64 percent on bargain hunting activities as the all-share index (ASI) closed at 25,306.22 points, while market capitalisation rose by N55.36 billion to N8.70 trillion. “Today’s activities increase the Month-to-Date gain to 2.99 percent and cut the Year-to-Date loss to […]
Fidelity Bank Records N13.9 Billion Profit in 2015, Offer Investors N4.6 Billion Dividend
By InvestAdvocate Lagos (INVESTADVOCATE)-Fidelity Bank Plc said on Wednesday its profit after tax (PAT) for the period ended December 31, 2015 grew marginally by 0.78 percent to N13.90 billion from N13.79 billion recorded a year ago. Profit before tax (PBT) of the Bank dropped 9.61 percent to N14.02 billion from […]
