By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities on Monday reeled under sustained losses as it opened the week on a bearish note, closing 0.34 percent lower on investment declines. At the close of the day’s session, the all share index (ASI) closed at 24,765.10 points, while market capitalisation dropped […]
Tag: Nigerian Stock exchange
Dangote Cement Says 2016 Q1 Profit Down 23.52% to N52.7 Billion
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s most capitalised quoted company, Dangote Cement Plc said on Monday its profit after tax (PAT) for the period ended March 31, 2016 dropped 23.52 percent to N52.77 billion from N68.62 billion recorded a year ago. Similarly, profit before tax (PBT) dipped 22.85 percent to N54.53 billion […]
Access Bank Grows 2016 Q1 Profit by 42% to N19.4bn
25/4/2016/Access Bank Plc Access Bank Plc, the full service commercial bank with headquarters in Nigeria with operations across Sub-Saharan Africa, the UK, Asia and the Middle East, has announced its unaudited results for the period ended 31 March 2016, showing 42% increase in Profit After Tax. Access Bank maintained its […]
