By InvestAdvocate Lagos (INVESTADVOCATE)- Cement producer, Ashaka Cement Plc on Friday said its profit after tax (PAT) for the period ended December 31, 2015 dropped 39.5 percent to N2.76 billion from N4.56 billion posted a year ago. In the same vein, pretax profit declined 38.9 percent to N3.20 billion from N5.25 […]
Tag: Nigerian Stock exchange
Nigerian Equities Close Week Lower by 1.13% on Fair Profit-Taking
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market ended the week lower as the NSE all-share index (ASI) and market capitalisation dipped by 1.13 percent to close at 25,694.79 points and N8.839 trillion respectively. “Similarly, all other Indices finished lower during the week, with the exception of the NSE […]
Oando Says Francesco Cuzzocrea Exits as Non-Executive Director
By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing firm, Oando Plc said on Friday Francesco Cuzzocrea has resigned from the board of the company as non-executive director with effect from February 19, 2016. “The resignation became necessary due to increasing demands on Mr. Francesco Cuzzocrea’s time by other interest. While on the board, […]
