By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s dual listed lender, Guaranty Trust Bank Plc (GTBank) said on Monday its pretax profit for the period ended December 31, 2015 climbed up 3.7 percent to N120.69 billion from N116.38 billion recorded a year ago. Similarly, profit after tax (PAT) increased 5.3 percent to N99.43 billion […]
Tag: Nigerian Stock exchange
NSE Finishes Week Positive, ASI up 0.65%
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) finished the week on a positive note as all-share index (ASI) and market capitalisation appreciated by 0.65 percent to close the week at 25,988.40 basis and N8.940 trillion respectively. “Similarly, all other Indices finished higher during the week, with the exception of […]
Diamond Bank Issues Profit Warning Attributed to Impaired Loans in Energy, Commercial Business Sectors
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s lender, Diamond Bank Plc on Friday issued a profit warning on the Nigerian and London Stock Exchanges in respect of its 2015 audited accounts. According to the Bank, this is coming on the heels of continuous deterioration in Nigeria’s macro-economic conditions which has resulted in it […]
