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: Nigerian Stock exchange
NSE Slips Deeper Into Red Zone, ASI Down 0.42% on Sell-Offs in Key Banking, Consumer Goods Stocks
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday slipped deeper into negative territory as all-share index (ASI) declined 0.42 percent to close at 25,745.13 basis points; while market capitalisation dipped by N37.31 billion to N8.86 trillion. This is coming on the heels of sell-offs in key […]
Zenith Bank Says 2015 Pretax Profit Rise 4.85%, Offers Investors N1.80 Final Dividend
By InvestAdvocate Lagos (INVESTADVOCATE)- Nigeria’s top tier lender, Zenith Bank Plc said on Tuesday its pretax profit for the period ended December 31, 2015 rose 4.85 percent to N125.62 billion from N119.79 billion recorded a year ago. Similarly, profit after tax (PAT) increased 6.24 percent to N105.66 percent to N99.45 […]
